Automotive Fuse Market Analysis By Size, Share, Growth, Trends to 2023Posted by Abhijeet Bendre on March 8th, 2019 Automotive Fuse Market To Expand At high Growth Rate During The Forecast Period Of 2019-2023. Global Automotive Fuse Market Research Report, By Fuse Type (Blade, Glass Tube, Semiconductor, Others), Current (<40a, 40-100a, >100a), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM, Aftermarket) and By Region - Forecast Till 2023. Market Scenario: Automotive Fuse is used to protect the wiring and electrical equipment in vehicles. They are generally rated from 32-volt direct current, but sometimes they are rated at 42 volts. There are different types of fuse used in automotive, which includes blade, glass tube, and semiconductor. Blades tubes consist of plastic body and two prongs that allow the fuse to fit into the system. Each fuse is printed with the rated current in ampere on the body of the fuse. The blade fuse comes in six different types of dimension, which includes micro2, micro3, LP-mini, mini, regular, and max. The increased use of electronic components in the vehicles is expected to drive the automotive fuse market in future. The automotive fuse market is majorly driven by the growing use of electronic components in the automotive industry. The passenger and commercial vehicles sales have increased mainly due to competitive and diverse option available of finance. The availability of finance has resulted in increased purchase of the vehicle. According to OICA, the sales of new vehicles has increased from 2013 to 2016. In 2013, the number of vehicles sold were 85.6 million while in 2016 it was 9.38 million. The increase in the demand of passenger and commercial vehicle is expected to drive the automotive fuse market during the forecast period. The automotive fuse market is segmented based on fuel type, material, technology, and vehicle type. On the basis of fuel type, the market is segmented into blade, glass tube, semiconductor, others. The blade fuse type is expected to dominate the market in future because they are compact in size, lighter in weight, and durable as compared to other types of fuse. The increased use of blade type fuse in the automotive sector is expected to drive the segment in future. On the basis of Current, the market is segmented into (<40A, 40-100A, >100A. 40-100A current segment is expected to dominate the market in future because they are generally used in engine-related electric circuits, low voltage inlets, and motors. On the basis of vehicle type, the market is segmented into passenger car and commercial vehicles. Passenger car segment is expected to dominate the market in future due to an increase in the sales of passenger car in emerging economies. The prominent players in the automotive fuse market include Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France), SCHURTER Holding AG (Switzerland), and Carling Technologies Inc. (U.S.). Mouser Electronics, Inc.(U.S.), OptiFuse (U.S.), Panduit Corp (U.S.), AEM, Inc. (U.S.), and Blue Sea Systems(U.S.) are among others. The report for Global Automotive fuse market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions. For More News Visit: About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Info: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Pune, India., sales@marketresearchfuture.com Phone: +1 646 845 9312 Like it? Share it! More by this author |