Automotive Fuse are devices used for the protection of wiring as well as electrical equipment in vehicles. These fuses are being deployed in different type of electric vehicles namely: Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV), and Plug-In Hybrid Electric Vehicle (PHEV). Some of the major drivers behind the growth of automotive fuse market during the forecast period are the growing application of high-voltage architecture, and rising battery capacity is anticipated to fuel the high voltageautomotive fuse market.
The inadequate development of low-voltage fuses and unorganized aftermarket services are some of the factors which may hamper the growth of automotive fuse market. However, the mounting technological advancement, growing adoption of semi-autonomous & autonomous vehicles, and boosting sales of premium vehicles across the various region are creating opportunities which will increase the demand of automotive fuse in the forecast period.
The "Global Automotive Fuse Market Analysis to 2027" is a specialized and in-depth study of the automotive fuse industry with a focus on the global market trend. The report aims to provide an overview of global automotive fuse market with detailed market segmentation by fuse type, vehicle type, battery capacity, and geography. The global automotive fuse market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the automotive fuse market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive fuse market based on fuse type, vehicle type, and battery capacity. It also provides market size and forecast till 2027 for overall automotive fuse market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The automotive fuse market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting the automotive fuse market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key automotive fuse market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information for the last 3 years, key development in the past five years. Some of the key players influencing the automotive fuse market are ON Semiconductor, Schurter Holding AG, Littelfuse, Inc., Eaton Corporation Plc, Mersen, Littelfuse, Inc., OptiFuse, Pacific Engineering Corporation, AEM Components (USA), Inc., and Mouser Electronics, Inc. among others.