Automotive Fuse Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Automotive Fuse Market is projected to reach USD 24.33 Billion by 2028, at a CAGR of 6% from 2022-2028. A class of fuses used to protect electrical equipment and vehicle wiring is called automotive fuses. Automotive fuses are typically used in circuits with a DC rating of 24V or higher. However, in certain cases, they are rated for 42V electrical systems. There are five types of automotive fuses: limiters, blades, and Lucas, Bosch, and glass tubes. Blade-type automotive fuses are used in a variety of amp ratings from 2 amps, 3 amps, 4 amps, 5 amps to 120 amps. It also has the color coding used for blade fuses and is rated according to different amperage ratings. Two fuse panels are commonly used in most cars. One is in the engine compartment for devices such as the cooling fan, anti-lock brake pump, and engine control unit, and the other is located within the dashboard for devices and switches placed inside the passenger compartment. Bosch and glass tube fuses are mainly found on older vehicles. In addition to these fuses, fusible links are commonly used in automotive applications.

Company Profile

The prominent players in the automotive fuse market include Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc. (US), Sensata Technologies, Inc. (US), MERSEN S.A. (France), SCHURTER Holding AG (Switzerland),  and 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.

Market Segmentation

By Fuse Type

• Blade
• Glass tube
• Semiconductor

By Voltage

• 12 & 24V
• 24-48V
• 49-150V
• 151-300V
• >300V

By Applications in BEV

• Auxiliary
• Charge inlet
• Battery
• PCU
• Onboard
• Traction Motor

Scope of the Report

The research study analyzes the Automotive Fuse Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Fuse Market Report

1. What was the Automotive Fuse Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Fuse Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Fuse Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.