Research Reports

Automotive & Transportation

Home » Reports » Automotive Fuse Market Global Demand Analysis Opportunity Outlook 2024
Market Research Report

Automotive Fuse Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : September, 2018 REP-ID-356 Category: Automotive & Transportation

Automotive Fuse Market Overview

An automotive fuse is an electronic component which is used to protect the devices, wiring and electronic components of the vehicle from over current flow. Generally, the automotive fuse is made for 12v electrical components and sometimes they are designed for 42v electrical components. Automotive fuse resist the excess flow of current that can harm other electrical components. Fuse boxes are used for storage of automotive fuses and their rating depends upon the amount of amperage they can bear before they get fail. Further, automotive fuse comes in different types namely blade, bosch, limiter, lucas and glass tubes. The automotive fuse market players are following a key trend of manufacturing attractive packaging for the automotive fuses. Further, these packaging provide convenient tool for the consumers to select the desirable automotive fuse among many look alike fuses.

Market Size & Forecast

The global market of automotive fuses is expected to grow at a CAGR of 7.2% over the forecast period. The global automotive fuse market is expected to witness a robust growth over the forecast period 2017-2024.  The market of automotive fuse builds an impregnable column in recent years and is expected to behold positive growth in near future. Moreover, the global market of automotive fuse is anticipated to reach at revenue of USD 16.1 Billion at the end of the 2024.

automotive fuse

Geographically, Asia Pacific is expected to dominate the overall market with the highest CAGR of 8.5% during the forecast period. Further, developing economics such as China, India etc. have boosted the automotive fuse market with their high demand in automobile sector as well as automotive fuse sector. Likewise, Hong Kong, Malaysia, Taiwan, South Korea automotive fuse market is expected to grow over the forecast period. Over the past few years, it has been observed that North America region is expanding their manufacturing production and with its growing economy, it is expected to have remarkable revenue among all regions over the forecast period 2017-2024. Further, this can be attributed to the rapidly increasing penetration of the advanced technologies in this region.  

 Market Segmentation

Our-in depth analysis of the global automotive fuse Market includes the following segments:

By Product Type

  • Plug-in Fuses
  • Cartridge Fuses
  • Cable Fuses
  • PAL Fuses
  • Glass Fuses
  • Others (Specialty Fuses, High Current Fuses)

By Voltage Level

  • Low Voltage Fuses
  • Medium Voltage Fuses
  • High Voltage Fuses

By End-User

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

By Regions

Global automotive fuse market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, North Africa and South Africa) Market Size and Y-O-Y Growth Analysis.

Growth Drivers & Challenges

Economic factors such as GDP impact, increasing purchasing power of the consumers have given boost to automobile market and overall sales of the vehicles. Other factors such as urbanization, developing infrastructure, improving life style of the consumers are the key element driving the global automotive fuse market at international level. Apart from this, rising demand for automobiles in developing economies has given opportunities to the automotive parts manufactures to grow along with the growth of the automobile sector. Further, these factors are driving the demand for automotive parts, thus propelling the market of automotive fuse globally.

Apart from this, the technological advancements such as, improved soldering qualities and development of fully insulated chips, use of tin and nickel plated brass contacts; to ensure proper resistance to the shocks and vibrations have led towards the use of advanced automotive fuses. However, presence of local vendors in market has affected the overall revenue of the global market. Further, low cost offering by the local vendors is reducing the market share of organized players.

Key Players

  • Eaton Corporation Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Littlefuse Inc.
  • SIBA
  • Sensata Technologies Inc.
  • Carling Technologies Inc.
  • Mouser Electronics Inc.
  • Optifuse Panduit Corp.
  • AEM Inc.
  • Blue Sea Systems
  • GLOSO Tech Inc.
  • Anixter corp.
  • Dongguan Better Electronics Tech. Co. Ltd
  • NTE Electronics Inc.

Scope and Context

Overview of the Parent Market

Analyst View


The global automotive fuse market is segmented as follows:

  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Voltage Level Market Size & Y-O-Y Growth Analysis
  • By End-User Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answerts




    Direct access to analyst to help you understand the market in a better way to handle your critical question


    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved


    Get 10% free customization


    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495


Delivery Center

Ansal Corporate Park, Plot no 7A/1,
Tower A1,
Sector 142 Noida., 201301 India

US Office

77 Water Street 8th Floor,
New York, New York, 10005
Phone : +1 646 586 9123

Canada (Toronto)

Phone : +1 437 889 3230

UK Office (London)

Phone : +44 203 608 5919

Subscribe To Our Newsletters

Copyright © 2018 Research Nester. All rights reserved