Automotive Fuse Market worth 24.33 Billion USD by 2025
The report "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", The automotive fuse market, by value, is projected to grow at a CAGR of 6.84% from 2017 to 2025, to reach USD 24.33 Billion by 2025 from USD 14.33 Billion in 2017. Factors such as rising focus on increase in vehicle electrification, safety & comfort features in mid-segment vehicles and increasing sales of electric vehicles are, together, projected to fuel the demand for automotive fuse market.
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