The Global Automotive Fuse Market 2018-2025 - Limited Development in the Field of Low-Voltage Fuses is Restraining the Market
DUBLIN, July 20, 2018 /PRNewswire/ --
The "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" report has been added to ResearchAndMarkets.com's offering.
The automotive fuse market is projected to grow at a CAGR of 6.84% during the forecast period, to reach USD 24.33 Billion by 2025 from USD 14.33 Billion in 2017.
The market is estimated to grow in the near future owing to various factors such as an increase in vehicle production, growing electrification, growing importance of safety & comfort features in mid-segment vehicles which will lead to increase in the number of fuses installed per vehicle and increase in the sale of electric & hybrid vehicles. The major factors hindering the growth of the automotive fuse market in vehicles are the very limited development in the field of low voltage fuse.
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.
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.
The Asia Oceania region is estimated to be the largest market during the forecast period. The passenger car segment is the largest contributor in automotive fuse market of Asia Oceania owing to highest sales of a passenger car as compare to the other regions. Moreover, passenger car has a number of the fuse as compare to LCV or HCV owing to increase in various auxiliary fuses. Apart from this, the mild hybrid (48V) vehicles also estimated to play an important role in Asia Oceania automotive fuse market owing to their increase in sales since they have low CO2 emissions as compared to the ICE vehicles.
Automotive fuse manufacturers have adopted the strategies of new product development and geographical expansion to gain traction in the automotive fuse market. The key market players are Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France) and SCHURTER Holding AG (Switzerland).
Key Topics Covered
1 Introduction
1.1 Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.4 Factor Analysis
2.4.1 Demand-Side Analysis
2.4.1.1 Increasing Sales of Electric Vehicles to Fuel the Market Demand for Automotive Fuse
2.4.2 Supply-Side Analysis
2.4.2.1 Technological Advances
2.5 Market Breakdown & Data Triangulation
2.6 Market Size Estimation
2.6.1 Bottom-Up Approach
2.6.2 Top-Down Approach
2.7 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Automotive Fuse Market
4.2 Automotive Fuse Market, By Region
4.3 Automotive Fuse Market, By Electric & Hybrid Vehicle Type
4.4 BEV: Automotive Fuse Market, By Application
4.5 Hybrid Vehicles: Automotive Fuse Market, By Application
4.6 Automotive Fuse Market, By Motor Output
4.7 Automotive Fuse Market, By Battery Capacity
4.8 Automotive Fuse Market, By Ampere
4.9 Automotive Fuse Market, By Ice & Mild Hybrid Vehicle
4.10 Automotive Fuse Market, By Voltage
4.11 Automotive Fuse Market, By Market Type
4.12 Automotive Fuse Market, By Fuse Type
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Application of High-Voltage Architecture
5.2.1.1.1 Increase in Demand for Mild-Hybrid (48v) Vehicles in Near Future
5.2.1.2 Increasing Vehicle Safety & Comfort Features in Mid-Segment Vehicles to Fuel the Automotive Fuse Market
5.2.1.3 Increasing Battery Capacity is Expected to Drive the Automotive High Voltage Fuse Market
5.2.2 Restraints
5.2.2.1 Limited Development in the Field of Low-Voltage Fuses
5.2.3 Opportunities
5.2.3.1 Increasing Sales of Premium Vehicles
5.2.3.2 Introduction of Semi-Autonomous & Autonomous Vehicles
5.2.4 Challenges
5.2.4.1 Unorganized Aftermarket in the Fuse Market
5.2.4.2 Connected Smart Junction Box for Autonomous Vehicles
5.3 Macro Indicators Analysis
5.3.1 Introduction
5.3.1.1 Electric Vehicle Sales as A Percentage of Total Vehicle Sales
5.3.1.2 GDP (USD Billion)
5.3.1.3 GNI Per Capita, Atlas Method (USD)
5.3.1.4 GDP Per Capita PPP (USD)
5.3.2 Us
5.3.3 China
5.3.4 Japan
6 Automotive Fuse Market, By Fuse Type
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
6.1 Introduction
6.2 Blade
6.3 Glass Tube
6.4 Semiconductor
6.5 Others
7 Automotive Fuse Market, By Voltage
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
7.1 Introduction
7.2 12 & 24 V
7.3 24-48 V
7.4 49-150 V
7.5 151-300v
7.6 >300 V
8 Hybrid Vehicle Fuse Market, By Application
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
8.1 Introduction
8.2 Auxiliary Fuse
8.3 Engine Fuse
8.4 Charge Inlet Fuse
8.5 Battery Fuse
8.6 Pcu Fuse
8.7 Onboard Charger Fuse
8.8 Traction Motor Fuse
9 Battery Electric Vehicle Fuse Market, By Application
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
9.1 Introduction
9.2 Auxiliary Fuse
9.3 Charge Inlet Fuse
9.4 Battery Fuse
9.5 Pcu Fuse
9.6 Onboard Charger Fuse
9.7 Traction Motor Fuse
10 Automotive Fuse Market, By Motor Output
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
10.1 Introduction
10.2 <_0 />10.3 80 - 200 kW
10.4 >200 kW
11 Automotive Fuse Market, By Battery Capacity
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
11.1 Introduction
11.2 <_0 />11.3 30-75 kWh
11.4 75-150 kWh
11.5 >150 kWh
12 Automotive Fuse Market, By Ampere
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
12.1 Introduction
12.2 <_0 />12.3 40-100 A
12.4 >100 A
13 Automotive Fuse Market, By Market Type
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
13.1 Introduction
13.2 OEM
13.3 Aftermarket
14 Automotive Fuse Market, By Ice Vehicle Type
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
14.1 Introduction
14.2 Passenger Cars
14.3 LCV
14.4 HCV
14.5 Mild Hybrid Vehicles (48 V)
15 Automotive Fuse Market, By Electric & Hybrid Vehicle Type
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
15.1 Introduction
15.2 Battery Electric Vehicle (BEV)
15.3 Hybrid Electric Vehicle (HEV)
15.4 Plug-In Hybrid Electric Vehicle (PHEV)
16 Automotive Fuse Market, By Region
Note - the Chapter is Further Segmented at Regional & Country Level By Electric and Hybrid Vehicle Types - BEV, HEV and PHEV.
16.1 Introduction
16.2 Asia Oceania
16.2.1 China
16.2.2 Japan
16.2.3 South Korea
16.2.4 India
16.3 Europe
16.3.1 Germany
16.3.2 UK
16.3.3 Netherlands
16.3.4 Norway
16.3.5 France
16.3.6 Italy
16.4 North America
16.4.1 US
16.4.2 Canada
16.4.3 Mexico
16.5 Rest of the World (RoW)
16.5.1 Brazil
16.5.2 Russia
17 Competitive Landscape
17.1 Overview
17.2 Market Ranking Analysis
17.3 Competitive Situation & Trends
17.3.1 New Product Developments
17.3.2 Mergers & Acquisitions
17.3.3 Expansions
18 Company Profiles
18.1 Eaton
18.2 Littelfuse
18.3 Mersen
18.4 On Semiconductor
18.5 Sensata
18.6 Schurter
18.7 Optifuse
18.8 Pacific Engineering Corporation
18.9 Fuzetec
18.10 AEM Components
18.11 E-T-A
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