Global automotive power distribution block market is expected to reach USD 12.01 Billion by 2025 at a CAGR of 5.6% from 2018 to 2025. The key contributing factors for the market growth are increased use of electrical applications in automotive industry and high demand for power distribution blocks in the passenger vehicles segment which are likely to boost up the market.
Market Overview:
A distribution block is defined as an economical method by which an electrical circuit can be distributed from a single input source to several devices in the branch circuit which in turn reduces the total number of wires in electrical panel and saves time and money. In automobiles, changes has been made essentially in all design aspects. But only one aspect is same from centuries i.e. the power distribution architecture. But this remaining vestige has also adopted some transition and have joined the revolution.
Power distribution blocks helps in controlling the routing of power circuits of vehicle's electrical system and helps in interfacing power, directing and grounding the circuits.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Automotive power distribution block Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The automotive power distribution block market is segmented on the basis of by component, type, vehicle type, electric vehicle and off-highway vehicle type
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global automotive power distribution block market with USD 3.11 Billion in 2017 where as the Asia Pacific region held the second dominant position in the market.
Global Automotive Power Distribution Block Market Competitive Analysis:
Key players in the automotive power distribution block market are Littelfuse, Inc., Leoni, TE Connectivity, Schneider Electric, Infineon Technologies AG, Eaton, Legrand, Samvardhana Motherson Group and ABB Inc. are the top leading players of the market. For instance, in 2017, Leoni launched the next generation of its modular system for high-voltage power distribution in electric and hybrid vehicles at the IAA International Motor Show in Frankfurt which is lighter and less expensive than comparable products
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Scope
Key Points |
Information |
Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size}
|
USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
Base Year |
2017 |
Historical Years |
2015-2017 |
Forecast Period |
2018-2025 |
Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global automotive power distribution block market on the basis of below mentioned segments:
Global Automotive Power Distribution Block Market, By Component:
Global Automotive Power Distribution Block Market, By Type:
Global Automotive Power Distribution Block Market, By Vehicle Type:
Global Automotive Power Distribution Block Market, By Electric Vehicle:
Global Automotive Power Distribution Block Market, By Off-Highway Vehicle Type:
Global Automotive Power Distribution Block Market, By Regions:
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