Automotive Fuse Market worth $24.33 Billion by 2025
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
(EMAILWIRE.COM, September 04, 2018 ) "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"
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“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.
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