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Classified in: Transportation
Subject: SVY

Global Automotive Fuse Market Outlook Report 2020: Drivers, Constraints, Opportunities, Threats, Challenges, Investments 2018-2027


DUBLIN, Oct. 20, 2020 /PRNewswire/ -- The "Automotive Fuse - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

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The Global Automotive Fuse market accounted for $16.33 billion in 2019 and is expected to reach $32.07 billion by 2027 growing at a CAGR of 8.8% during the forecast period.

Some of the factors propelling the growth of the market are the increasing application of high-voltage architecture, increasing demand for vehicle power and battery capacity and increasing vehicle safety & comfort features in mid-segment vehicles. However, the lack of development in the low voltage fuses is hindering the growth of the market.

Automotive fuses are used for protection of electrical wiring, components, circuits and switches of the vehicles from fluctuating power flows. They are usually used for circuits lower than a direct current of 24 volts but sometimes these are rated for electrical systems with 42 volts in non-automotive electrical systems.

Based on the fuse type, the blade segment is anticipated to hold considerable market share during the forecast period owing to the reasons like they are more compact, lighter, durable and have a simpler structure which is extensively used by the OEMs. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to an increase in production of passenger and commercial vehicles, availability of cheap labour and growing demand for the vehicles.

What the report offers:

Some of the key players profiled in the Automotive Fuse Market include

Fuse Types Covered:

Voltages Covered:

Motor Outputs Covered:

Battery Capacities Covered:

Amperes Covered:

Vehicle Types Covered:

Electric & Hybrid Vehicle Types Covered:

Applications Covered:

End Users Covered:

Regions Covered:

North America

Europe

Asia Pacific

South America

Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/tod701

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets


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