Automotive Fuse Market is segmented By Fuse Type (Blade, Glass Tube, Semiconductor, Others), Current (100a), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM, Aftermarket) and By Region - Global Industry Forecast To 2022.
Automotive Fuse Market to rise at 6.55% growth rate a during 2019 and 2023 due to 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 globally are expected to add to the development of the Automotive Fuse market in the forecast period, according to Global Automotive Fuse Market 2019 - Industry Report published by "Market Research Future".—
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Automotive Air Conditioning Industry Key Players Studied in Report: Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France), SCHURTER Holding AG (Switzerland), 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.
Automotive Air Conditioning Market Overview:
The automotive fuse is majorly used to protect the circuit from overloading of the current. They are generally used in electronics and electrical components in the vehicles. Different types of fuse are used in the vehicles depending on the requirement in components. Blade fuse, glass tube, and semiconductor are three different type of fuse used in the vehicles. Blade type fuse consists of plastic body and two pins that allows the fuse to fit in the systems.
The blade type comes in six types of dimension such as micro2, micro3, LP-mini, mini, regular, and max. The increased use of electronic components in the vehicles such as infotainment is expected to drive the fuse market in future. The automotive fuse is also majorly used in electric vehicles, which will increase the demand for automotive fuses. There has been an increase in the sales of electric vehicles in countries such as India and China, which will result in increased use of fuse in the vehicles.
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 (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.
Detailed Regional Analysis:
On the basis of region, the market is segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future because automotive manufacturers are setting up their base in this region due to the high demand of passenger and commercial vehicles. The high demand of vehicles have resulted in increased production of passenger and commercial vehicles, which will increase the use of fuse in the vehicles. There has been an increase in research and development by the auto manufacturers to innovate the product line to compete in the market.
The increased investment in research and development is expected to drive the growth of the market in this region. North America is expected to be the second largest region for automotive fuse market due to the growing demand for fuse in the vehicles. The rising demand for passenger cars has resulted in the growth for the automotive fuse market in North America, where U.S. is expected to dominate the automotive fuse market due to the increase in demand for safety of the components. Europe is expected to be the third largest region in this market due to the increased presence of several auto giants in the automotive industry. Germany is one of the major exporters of automotive fuse in Europe. Presence of well-established automotive players along with growing demand for passenger vehicles has pushed the market for automotive fuse in Germany.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Automotive Fuse Market, By Fuse Type
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Glass Tube
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.4.1 Market Estimates & Forecast, 2017-2023
5.4.2 Market Estimates & Forecast By Region, 2017-2023
5.5.1 Market Estimates & Forecast, 2017-2023
5.5.2 Market Estimates & Forecast By Region, 2017-2023
6 Global Automotive Fuse Market, By Current
6.4.1 Market Estimates & Forecast, 2017-2023
6.4.2 Market Estimates & Forecast By Region, 2017-2023
List Of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
List of Tables:
Table 1 Global Automotive Fuse Market: By Region, 2017-2023
Table 2 North America Automotive Fuse Market: By Country, 2017-2023
Table 3 Europe Automotive Fuse Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Fuse Market: By Country, 2017-2023
Table 5 RoW Automotive Fuse Market: By Country, 2017-2023
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