Home / Automotive & Transportation / 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

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

Published: May 2021 | Report Code: 60357-05-21

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 that have a direct current of lesser than 24 volts. These electric systems, on the other hand, are rated at 42 volts in electric systems and are sometimes used in non-automotive electric products. In the near future, the increasing popularity of 3D printing in the automotive sector will open up new growth opportunities for the automotive fuse industry. Credence Research is offering holistic information and absolute accuracy on the report titled “Global Hybrid and Electric Vehicle Fuses Market”.

Key Market Drivers and Restraints

Factors that have high impact on the market growth of industrial electric vehicles will be covered her. Also, covers factors that may challenge or act as opportunity for market will be discussed in order to identify the revenue generation.

Impact of COVID-19

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

Asia-Pacific to Dominate the global market

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

Global Market is led by the Blade Fuses

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

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

Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs) are the two applications of 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 so that the green energy promotion can be achieved .

Frequently asked questions about global industry

  • Which are the different Product Types of Hybrid and Electric Vehicle Fuses?
    Ans: High Voltage Fuses and Blade Fuses are the different Product Types available in the market
  • Who are the key players in the global industry?
    Ans: MERSEN, Eaton, Pacific Engineering, SCHURTER Holding and Littelfuse are the key players operating in this market
  • Which is the fastest growing Application segment for global industry?
    Ans: Battery Electric Vehicles (BEVs) Application offers tremendous opportunities to players
  • Which is the leading regional market for global industry?
    Ans: Asia-Pacific has the largest share owing to various developments happening in this space
  • What will be the CAGR (2021 - 2027) of in global industry?
    Ans: The market is anticipated to grow at a CAGR of 22.7% throughout the forecast period

Table of Content
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

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