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The company announced the release of the new Bussmann series electric vehicle fuses designed to provide higher circuit protection which improves the electric vehicle with higher performance and longer range. Strong presence in the developed markets of North America and Europe has made the company a formidable competitor in the global automotive fuse market. Of these, new product development is the key strategy adopted by the company owing to its strong R&D capabilities. This new product would find its application in automotive electronics and battery protection. After the acquisition, Littelfuse has strengthened its core circuit protection business by adding new products and new markets from TE Connectivity. Eaton has a strong presence in the regions of North America and Latin America. The company has introduced a new product line of fuses, especially for the electric vehicles.Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". USN 1206 has the specifications such as 32 VDC rated voltage, 12 A rated current, and 170 A breaking capacity. (US), Sensata Technologies, Inc. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.The automotive fuse manufacturers have adopted the strategies of new product development and geographical expansion to gain traction in the automotive fuse market.  For example, Schurter developed a new thermal-sensitive fuse and named it as USN 1206. The Automotive Fuse Market is estimated to grow at a CAGR of 6. (US) and SCHURTER Holding AG (Switzerland) are top players in the automotive fuse market. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Based on factors such as revenue generation, segmental revenue, regional footprint, and organic and inorganic strategies, the study estimates that - Eaton (Ireland), ON Semiconductor (US), Littelfuse, Inc.84% from 2017 to 2025, to reach USD 24. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and Round Thermoplastic UPVC PIPE Factory its competitors. It has been adopting multiple strategies such as new product development and expansion to strengthen its position in the automotive fuse market. The OEMs are focusing on advancements in the vehicle safety and comfort features in the mid-segment vehicle to differentiate from the competitors. Littelfuse has acquired the circuit protection business of TE Connectivity for USD 350 million in the year 2016. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. While new product development helps a company to have a technological advantage, expansion helps to formulate a better business strategy as it enables a strong global footprint. These fuses required up to 48% less space and weigh up to 50% less when compared with traditional high-speed fuses used for electric vehicles. The Asia Oceania market is projected to witness significant growth in automotive fuse market during the forecast period. Littelfuse has strong R&D and production capacities. The company’s key strategies are mergers and acquisition and expansion to strengthen their foothold in the global automotive fuse market. In the year 2016, the company has announced the expansion of operations in two of its three plants located in Juarez, Chihuahua to produce fuses and transformers. The market growth in the region can also be attributed to the presence of several Tier 1 suppliers and the largest passenger vehicle production and highest EV sales region which is the core market for the automotive fuse.MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.3MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

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