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Hybrid and Electric Vehicle Fuses Market

Hybrid and Electric Vehicle Fuses Market by Product Type (Blade Fuses, High Voltage Fuses) by Application (Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs)): Growth, Future Prospects & Competitive Analysis, 2015 – 2027

Summary
Table Of Content

Market Insights

The global market is expected to cross-market value of USD 2.9 billion in 2027 from USD 0.85 billion in 2020. It is expected to grow at a CAGR of over 22.7% during the forecast period.

Electric oscillations are protected by using an automotive fuse to secure electrical circuits, wiring, switches, and parts. The product is used in circuits with a direct current of fewer than 24 volts. On the other hand, these electric systems are rated at 42 volts and are sometimes used in non-automotive electrical products. Soon, the increasing popularity of 3D printing in the automotive sector will open up new growth opportunities for the automotive fuse industry. Therefore, credence Research offers holistic information and absolute accuracy in the “Global Hybrid and Electric Vehicle Fuses Market report.”

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Key Market Drivers and Restraints

Factors that greatly impact the market growth of industrial electric vehicles will be covered here. Also, covers factors that may challenge or act as an opportunity for the market will be discussed to identify revenue generation.

Impact of COVID-19

The sudden outbreak of the pandemic COVID-19 has badly impacted every industry, including the automotive industry across the world. As a result, various automotive production industries faced closure due to the lockdown that happened in 2020. However, Electric and hybrid sales improved after the lockdown was lifted in major nations. In particular, BEV and HEV sales mounted, and the forecast period is undoubtedly considered the most opportunistic period for manufacturers of this industry. Furthermore, the declined rates of batteries and support from the government for the electrification of the vehicle are expected to bolster the market growth.

Asia-Pacific to Dominate the global market

On the geographic front, the global market comprises six regions with all key economies pertaining to it. Credence Research provides in-depth insight into prominent regions of the worldwide market. Asia-Pacific dominated with over 56.1% share in 2020.

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The Blade Fuses lead Global Market.

Blade Fuses and High Voltage Fuses are the two Product Types in the global market. Blade Fuses dominated the market in the year 2020 and is likely to continue in the future. They gained high traction due to their unique feature of being highly durable, lighter, and lightweight.

Battery Electric Vehicles (BEVs) continue to dominate the global market in terms of Applications.

Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs) are the two applications in this market. BEV dominated the market in 2020 as private entities and various countries’ governments have planned to have a web of charging infrastructure around the globe to achieve green energy promotion.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation
2.Executive Summary
2.1.Market Snapshot: Global Hybrid and Electric Vehicle Fuses Market
3.Market Dynamics
3.1.Introduction
3.1.1. Global Hybrid and Electric Vehicle Fuses Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Product Type
3.3.2.Application
3.3.3.Geography
4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players
5.COVID 19 Impact Analysis
5.1.Global Hybrid and Electric Vehicle Fuses Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply
6.North America
6.1.North America Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Blade Fuses
6.2.3.High Voltage Fuses
6.3.North America Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Battery Electric Vehicles (BEVs)
6.3.3.Hybrid Electric Vehicles (HEVs)
7.Europe
7.1.Europe Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Blade Fuses
7.2.3.High Voltage Fuses
7.3.Europe Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Battery Electric Vehicles (BEVs)
7.3.3.Hybrid Electric Vehicles (HEVs)
8.Asia Pacific
8.1.Asia Pacific Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Blade Fuses
8.2.3.High Voltage Fuses
8.3.Asia Pacific Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Battery Electric Vehicles (BEVs)
8.3.3.Hybrid Electric Vehicles (HEVs)
9.Latin America
9.1.Latin America Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Blade Fuses
9.2.3.High Voltage Fuses
9.3.Latin America Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Battery Electric Vehicles (BEVs)
9.3.3.Hybrid Electric Vehicles (HEVs)
10.Middle East
10.1.Middle East Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Blade Fuses
10.2.3.High Voltage Fuses
10.3.Middle East Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Battery Electric Vehicles (BEVs)
10.3.3.Hybrid Electric Vehicles (HEVs)
11.Africa
11.1.Africa Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Blade Fuses
11.2.3.High Voltage Fuses
11.3.Africa Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Battery Electric Vehicles (BEVs)
11.3.3.Hybrid Electric Vehicles (HEVs)
12.Global
12.1.Global Hybrid and Electric Vehicle Fuses Market, By Product Type, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Blade Fuses
12.1.3.High Voltage Fuses
12.2.Global Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Battery Electric Vehicles (BEVs)
12.2.3.Hybrid Electric Vehicles (HEVs)
13.Company Profiles
13.1.Eaton
13.2.Littelfuse
13.3.MERSEN
13.4.Pacific Engineering
13.5.SCHURTER Holding
13.6.SOC

List of Figures

FIG. 1 Global Hybrid and Electric Vehicle Fuses Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Hybrid and Electric Vehicle Fuses Market Segmentation

FIG. 4 Global Hybrid and Electric Vehicle Fuses Market, by Product, 2019 (US$ Bn)

FIG. 5 Global Hybrid and Electric Vehicle Fuses Market, by End-user, 2019 (US$ Bn)

FIG. 6 Global Hybrid and Electric Vehicle Fuses Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Hybrid and Electric Vehicle Fuses Market Manufacturers, 2019

FIG. 9 Global Hybrid and Electric Vehicle Fuses Market Value Contribution, By Type of Metal Extracted, 2019 & 2027 (Value %)

FIG. 10 Global Hybrid and Electric Vehicle Fuses Market, by Metal 1, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Hybrid and Electric Vehicle Fuses Market, by Metal 2, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Hybrid and Electric Vehicle Fuses Market, by Metal 3, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Hybrid and Electric Vehicle Fuses Market, by Metal 4, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Hybrid and Electric Vehicle Fuses Market, by Metal 5, Value, 2015-2027 (US$ Bn)

FIG. 15 Global Hybrid and Electric Vehicle Fuses Market, by Others, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Hybrid and Electric Vehicle Fuses Market Value Contribution, By Product Type, 2019 & 2027 (Value %)

FIG. 17 Global Hybrid and Electric Vehicle Fuses Market, by Process 1, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Hybrid and Electric Vehicle Fuses Market, by Process 2, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Hybrid and Electric Vehicle Fuses Market, by Process 3, Value, 2015-2027 (US$ Bn)

FIG. 20 U.S. Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 21 Rest of North America Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 22 U.K. Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 23 Germany Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 24 France Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 25 Rest of Europe Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 26 Japan Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 27 China Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 28 India Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 29 Rest of Asia Pacific Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

FIG. 30 Middle East & Africa Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

Latin America Hybrid and Electric Vehicle Fuses Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Hybrid and Electric Vehicle Fuses Market

TABLE 2 Global Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 3 Global Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 4 Global Hybrid and Electric Vehicle Fuses Market, by Application, 2015-2027 (US$ Bn)

TABLE 5 Global Hybrid and Electric Vehicle Fuses Market, by Geography, 2015-2027 (US$ Bn)

TABLE 6 North America Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 7 North America Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 8 North America Hybrid and Electric Vehicle Fuses Market, by Country, 2015-2027 (US$ Bn)

TABLE 9 Europe Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 10 Europe Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 11 Europe Hybrid and Electric Vehicle Fuses Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 14 Asia Pacific Hybrid and Electric Vehicle Fuses Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 15 Latin America Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 16 Latin America Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 17 Latin America Hybrid and Electric Vehicle Fuses Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 18 Middle East Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 19 Middle East Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 20 Middle East Hybrid and Electric Vehicle Fuses Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 21 Africa Hybrid and Electric Vehicle Fuses Market, by Type of Metal Extracted, 2015-2027 (US$ Bn)

TABLE 22 Africa Hybrid and Electric Vehicle Fuses Market, by Product Type, 2015-2027 (US$ Bn)

TABLE 23 Africa Hybrid and Electric Vehicle Fuses Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 24 Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 25 Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 26 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 27 Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 28 Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 29 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 30 Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 31 Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 32 Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 33 Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 34 Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 35 Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Frequently Asked Questions

What is the size of Hybrid and Electric Vehicle Fuses Market?

The market for Wireless Electric Vehicle (EV) Charging System is expected to reach USD 2.9 billion in 2027.

What is the Hybrid and Electric Vehicle Fuses Market CAGR?

The Hybrid and Electric Vehicle Fuses Market is expected to see significant CAGR growth over the coming years, at 22.7%.

What is the Forecast period considered for Hybrid and Electric Vehicle Fuses Market?

The report is forcasted from 2015-2027

What is the base year considered for Hybrid and Electric Vehicle Fuses Market?

The base year of this report is 2021.

Who are the major players in this market?

Eaton, Littelfuse, MERSEN, Pacific Engineering, SCHURTER Holding, SOC are some of the major players in the global market.

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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