Increasing Vehicle Safety & Comfort Features in Mid-Segment Vehicles to Fuel the Automotive Fuse Market

1. Increasing Vehicle Safety & Comfort Features in Mid-Segment Vehicles to Fuel the Automotive Fuse Market The report "Automotive Fuse Market by Fuse Type (Blade, Glass Tube, Semiconductor), BEV & Hybrid Vehicle Application, Voltage, Amperage, Motor Output, Battery Capacity, ICE, EV & Mild Hybrid Vehicle, Aftermarket, and Region - Global Forecast to 2025", The automotive fuse market, by value, is projected to grow at a CAGR of 6.84% from 2017 to 2025, to reach USD 24.33 Billion by 2025 from USD 14.33 Billion in 2017. Factors such as rising focus on increase in vehicle electrification, safety & comfort features in mid- segment vehicles and increasing sales of electric vehicles are, together, projected to fuel the demand for automotive fuse market. Browse 154 tables and 63 figures spread through 198 pages and in-depth TOC on "Automotive Fuse Market by Fuse Type (Blade, Glass Tube, Semiconductor), BEV & Hybrid Vehicle Application, Voltage, Amperage, Motor Output, Battery Capacity, ICE, EV & Mild Hybrid Vehicle, Aftermarket, and Region - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/automotive-fuse-market-166444080.html Early buyers will receive 10% customization on reports. “40-100A automotive fuse market estimated to be the largest market among the ampere segments” The fuses in 40–100 A segment are used in engine-related electrical circuits, low voltage charge inlets, and low-power traction motor-related circuits as this application are largest in number hence the market is estimated to be the largest market. <40 A automotive fuse market is estimated to be the second largest market, which is mostly used in the auxiliary circuits of ICE and electric vehicles. They are also used in the power control unit (PCU) and onboard charger circuits. The majority of the <40 A fuses are blade fuses. In an ICE vehicle, there are more <40 A fuses than those of another amperage. “24-48V fuse market to grow at the fastest pace in the automotive fuse market by voltage” The segment considers mild-hybrid vehicles using 48V architecture. The automotive fuse market for 48V is at a nascent stage. However, the market is expected to grow in the future as to abide to increase in fuel efficiency demands & decreased emission limits, there will be an increased need for vehicle electrification, which would require 48V architecture to support the electrical systems. The >300V segment is estimated to have the second fastest market owing to increasing sales of BEV and PHEV as all the BEV and most of the PHEV are equipped with >300V system architecture. The number of battery fuses used in BEVs and most PHEVs is higher due to the use of high capacity batteries in these vehicles. The 24-48V market is estimated to grow at the highest rate during the forecast period. All the mild hybrid vehicles (48V) are considered in this segment and is estimated to have a decent market share in the future owing to their benefits of low emissions. The 12 & 24V market is estimated to have the largest market share owing to the highest sales of ICE vehicles which are equipped with 12 & 24V system architecture. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=166444080

2. The study segments the automotive fuse market by battery capacity, where 75-150kWh fuse segment is estimated to be the largest owing to the application of high capacity battery in the regions like Asia Oceania. In terms of amperes, the study estimates 40-100A automotive fuse to showcase the largest market during the forecast period since these fuses are used in engine-related electrical circuits, low voltage charge inlets, and low-power traction motor-related circuits. In terms of BEV applications, the battery fuse market is estimated to be the largest market during the forecasted period owing to the increasing applications of high capacity battery and high cost as compared to the other application fuse. Alternatively, in HEV applications, the traction motor fuse market is anticipated to be the fastest market as increasing demand for high power electric vehicles in the regions like North America and Europe. The passenger car fuse aftermarket is dominated by North America region owing to huge vehicle parc and In automotive fuse market by electric & hybrid vehicle types (BEV, HEV & PHEV), the fuse market for PHEV segment is estimated to be the fastest growing market. PHEV are equipped with more number of fuses as compare to the BEV and HEV owing to the addition of engine and charge inlet fuses. Moreover, due to the application of higher capacity battery in PHEV as compare to the HEV, the application of battery fuse is higher in PHEV than the HEV. In terms of fuse type, the blade fuse market is estimated to be the largest market owing to reasons like they are more compact, lighter, durable, and have a simpler structure which is extensively used by the OEMs. Alternatively, semiconductor fuse market is estimated to be the fastest growing market during the forecast period. The automotive fuse market by motor output is dominated by >200kW motor output fuses, which is projected as the fastest growing market during the forecast period owing to the increasing demand of high power electric vehicles in the regions like Asia Oceania and Europe, followed by 80-200kW segment. Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=166444080 “Asia Oceania is estimated to be the largest market owing to increase in vehicle safety and comfort features” The Asia Oceania region is estimated to be the largest automotive fuse market during the forecast period by value. The market growth in the region can be attributed to the high production as well as sales of vehicles, increase in demand of vehicle safety & comfort features and upcoming government mandates on safety features such as airbags. Also, factors like increasing demand for premium hybrid and plug-in hybrid electric vehicles, in countries like China & Japan, which has higher vehicle electrification which leads to increase in the number of fuses. The key companies profiled in the study are Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France), Pacific Engineering Corporation (Japan), SCHURTER Holding AG (Switzerland), OPTIFUSE (US), AEM Components (USA), Inc. (US) and Fuzetec Technology Co., Ltd. (Republic of China).

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