Market Overview:
The global automotive circuit breakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles, rising vehicle production, and growing awareness about safety features in vehicles. The global automotive circuit breakers market is segmented on the basis of type into auto reset circuit breaker and manual reset circuit breaker. The auto reset circuit breaker segment is expected to grow at a higher CAGR than the manual reset circuit breaker segment during the forecast period from 2018 to 2030. This can be attributed to its advantages such as easy installation, low maintenance cost, and high reliability over manual reset circuits breakers. On the basis of application, the global automotive Circuit Breakers Market is divided into OEMs and aftermarket segments.
Product Definition:
An automotive circuit breaker is a type of electrical switch that's used to protect an electrical circuit from damage. When too much current flows through the circuit, the breaker trips and opens, interrupting the flow of electricity. This prevents the wires from overheating and potentially starting a fire. Automotive Circuit Breakers are important because they help keep drivers safe by preventing electrical fires in their vehicles.
Auto Reset Circuit Breaker:
An auto-reset circuit breaker is a device installed in an electrical circuit to protect it from abnormal or fault conditions. It has two terminals, normally closed and normally open, connected by a switch that can be turned on or off to allow current flow through the circuit. Theory of operation: An increase in the number of power outages and short circuits have led to increased demand for this product as it helps prevent damage to electronic devices when normal operations are resumed after an interruption.
Manual Reset Circuit Breaker:
Manual reset circuit breakers are used to protect the vehicle and its electrical systems from damage. It is a safety device that trips when there is an attempt to start the engine with the key in the ignition but without having any power. The manual reset circuit breaker has three parts, namely, housing, switch and coil.
Application Insights:
OEMs dominated the market and accounted for more than 57.0% share of the global revenue in 2017. The circuit breakers supplied by OEMs are tested and approved by a government authority that has declared them fit for use in passenger cars. These circuit breakers are designed in compliance with safety standards set by regulatory authorities including U.S., China, Germany, Japan, etc. Circuit breaker manufactured according to these standards can be used across various applications including automotive battery packs, HVAC systems, power distribution networks (PDNs), lighting & electronics equipment among others which include engine control modules (ECM) and body electronics units (BEUs).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as China and Japan. In addition, rising demand for vehicles with better safety features is anticipated to drive product demand in this region. Europe accounted for a significant share of global revenue owing to stringent government regulations regarding automotive safety systems installation in new vehicles.
North America also held a considerable revenue share and was valued at USD X million in 2017 owing to high consumer preference towards advanced automotive electronics products coupled with stringent standards set by regulatory bodies, such as National Highway Traffic Safety Administration (NHTSA) and Department of Transportation (DOT). Automotive circuit breakers are majorly used across various applications including OEMs, aftermarket service providers etc., which will further boost their sales volume over the next eight years or so.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising disposable income of consumers in developing countries
- Stringent government regulations for vehicle safety standards
- Technological advancements in automotive circuit breakers
- Growing demand from the automotive aftermarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Circuit Breakers Market Research Report
By Type
Auto Reset Circuit Breaker, Manual Reset Circuit Breaker
By Application
OEMs, Aftermarket
By Companies
Littelfuse, E-T-A Circuit Breakers, Eaton, Analog Devices, ABB, Carling Technologies, TE Connectivity, Siemens, General Electric, Schneider Electric, Littelfuse, Blue Sea Systems, Sensata Klixon, NTE Electronics, Velvac, OptiFuse, Vicfuse, Snap Action, Wenzhou Longsun Electrical Alloy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Circuit Breakers Market Report Segments:
The global Automotive Circuit Breakers market is segmented on the basis of:
Types
Auto Reset Circuit Breaker, Manual Reset Circuit Breaker
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEMs, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Littelfuse
- E-T-A Circuit Breakers
- Eaton
- Analog Devices
- ABB
- Carling Technologies
- TE Connectivity
- Siemens
- General Electric
- Schneider Electric
- Littelfuse
- Blue Sea Systems
- Sensata Klixon
- NTE Electronics
- Velvac
- OptiFuse
- Vicfuse
- Snap Action
- Wenzhou Longsun Electrical Alloy
Highlights of The Automotive Circuit Breakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Auto Reset Circuit Breaker
- Manual Reset Circuit Breaker
- By Application:
- OEMs
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Circuit Breakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive circuit breakers are devices used to protect electrical systems in vehicles from overloads and short circuits. They are typically installed near the engine or other high-voltage areas, and can be activated by a warning light or an automatic system. When activated, they interrupt power to the affected area, preventing damage from occurring.
Some of the major players in the automotive circuit breakers market are Littelfuse, E-T-A Circuit Breakers, Eaton, Analog Devices, ABB, Carling Technologies, TE Connectivity, Siemens, General Electric, Schneider Electric, Littelfuse, Blue Sea Systems, Sensata Klixon, NTE Electronics, Velvac, OptiFuse, Vicfuse, Snap Action, Wenzhou Longsun Electrical Alloy.
The automotive circuit breakers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Circuit Breakers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Circuit Breakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Circuit Breakers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Circuit Breakers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Circuit Breakers Market Size & Forecast, 2020-2028
4.5.1 Automotive Circuit Breakers Market Size and Y-o-Y Growth
4.5.2 Automotive Circuit Breakers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Auto Reset Circuit Breaker
5.2.2 Manual Reset Circuit Breaker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Circuit Breakers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Circuit Breakers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Auto Reset Circuit Breaker
9.6.2 Manual Reset Circuit Breaker
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEMs
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Auto Reset Circuit Breaker
10.6.2 Manual Reset Circuit Breaker
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEMs
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Auto Reset Circuit Breaker
11.6.2 Manual Reset Circuit Breaker
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEMs
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Auto Reset Circuit Breaker
12.6.2 Manual Reset Circuit Breaker
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEMs
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Auto Reset Circuit Breaker
13.6.2 Manual Reset Circuit Breaker
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEMs
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Circuit Breakers Market: Competitive Dashboard
14.2 Global Automotive Circuit Breakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Littelfuse
14.3.2 E-T-A Circuit Breakers
14.3.3 Eaton
14.3.4 Analog Devices
14.3.5 ABB
14.3.6 Carling Technologies
14.3.7 TE Connectivity
14.3.8 Siemens
14.3.9 General Electric
14.3.10 Schneider Electric
14.3.11 Littelfuse
14.3.12 Blue Sea Systems
14.3.13 Sensata Klixon
14.3.14 NTE Electronics
14.3.15 Velvac
14.3.16 OptiFuse
14.3.17 Vicfuse
14.3.18 Snap Action
14.3.19 Wenzhou Longsun Electrical Alloy
