Global automotive power distribution block market to reach USD 8.5 billion by 2025.
Global automotive power distribution block market is valued approximately at USD 6.1 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2018-2025. Growing adoption of vehicle electronic functions that requires efficient, flexible and reliable power distribution system are promoting the growth of the market over the forecast period. For instance, according to International Trade Association (ITA) automobile output is expected to reach 30 million units by 2020 and 35 million by 2025. Growing automotive sector is expected to increase the adoption of vehicle electronic functions that require efficient power distribution system.
On the basis of segmentation, the automotive power distribution block market is segmented into type, vehicle type, electric vehicle and off-highway vehicle. by Type segment includes hardwired and configurable by Component segment is divided into can, fuse, relay, and others by vehicle Type segment is further classified into passenger cars, LCV and HCV by electric vehicle includes battery electric vehicle (BEV), HEV and PHEV and by Off-Highway vehicle. Type segment is further divided into agricultural tractors and construction equipment. The configurable power distribution box is estimated to be the fastest growing segment owing to its capability of combining microcontrollers, relays, fuses and multiple circuit board and fret layers.
The regional analysis of global automotive power distribution block market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the dominating region across the world in terms of market share region over the forecast period 2018-2025.
The leading market players include-
• Eaton
• Lear
• Sumitomo Electric
• TE Connectivity
• Yazaki
• Littelfuse
• Leoni
• Furukawa
• Horiba
• Mersen
• E-T-A
• Schurter
• PKC
• Minda
• Draxlmaier
• MTA
• Truck-Lite
• Kissling Elektrotechnik
• Curtiss-Wright
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Hardwired
Configurable
By Component:
Can
Fuse
Relay
Others
By Vehicle Type:
Passenger Cars
LCV
HCV
By Electric Vehicle:
Battery Electric Vehicle (BEV)
HEV
PHEV
By Off-Highway Vehicle Type:
Agricultural Tractors
Construction Equipment
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Automotive Power Distribution Block Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Automotive Power Distribution Block . Industry analysis & Market Report on Automotive Power Distribution Block is a syndicated market report, published as Global Automotive Power Distribution Block Market Size study, by Type (Hardwired and Configurable) by Component (Can, Fuse, Relay, and Others) by Vehicle Type (Passenger Cars, LCV and HCV) by Electric Vehicle (Battery Electric Vehicle (BEV), HEV and PHEV) by Off-Highway Vehicle Type (Agricultural Tractors and Construction Equipment) and Regional Forecasts 2018-2025. . It is complete Research Study and Industry Analysis of Automotive Power Distribution Block market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.