According to a new country report published by Lucintel, the future of the automotive power distribution box market in the United States looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The automotive power distribution box market in the United States is primarily driven by growing electronic content per vehicle, growth in vehicle production, and stringent government regulation for passenger safety.
This report studies factors affecting the automotive power distribution box market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that the configurable power distribution box will remain the largest segment due to increasing use of microcontrollers and multiple circuit boards per vehicle. Within the automotive power distribution box market in the United States, passenger cars will remain the largest market due to increasing production of small and compact cars. Electric vehicle is expected to witness the highest growth over the forecast period as electric vehicle contains a lot of electrical components which indirectly increases the consumption of more power distribution boxes per electric car.
Emerging trends, which have a direct impact on the dynamics of the automotive power distribution box industry, include the introduction of Y-splitter modular systems for high-voltage power distribution boxes and the development of compact lightweight configurable power distribution.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive power distribution box market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Power Distribution Box Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive power distribution box market in the United States by type, component type, vehicle type, and end-user as follows:
Automotive Power Distribution Box by Box Type [$M shipment analysis for 2014 – 2025]:
• Hardwired
• Configurable
Automotive Power Distribution Box by Component [$M shipment analysis for 2014 – 2025]
• Relay
• Fuse
• Others
Automotive Power Distribution Box by Vehicle Type [$M shipment analysis for 2014 – 2025]
• Passenger cars
• Light commercial vehicles
• Electric Vehicles
Automotive Power Distribution Box by End User [$M shipment analysis for 2014 – 2025]
• OEM
• Aftermarket
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-power-distribution-box.aspx or write to us at helpdesk@lucintel.com
About Lucintel
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