How big is the Pyro Fuse Market?

The Pyro Fuse Market size is expected to reach USD 546.29 million in 2024 and grow at a CAGR of 11.87% to reach USD 956.97 million by 2029. Read More

What is the current Pyro Fuse Market size?

In 2024, the Pyro Fuse Market size is expected to reach USD 546.29 million. Read More

Who are the key players in Pyro Fuse Market?

Daicel Corporation, Autoliv, Inc., Littelfuse, Inc., Eaton Corporation and Mersen Group are the major companies operating in the Pyro Fuse Market. Read More

Which is the fastest growing region in Pyro Fuse Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Pyro Fuse Market?

In 2024, the Asia Pacific accounts for the largest market share in Pyro Fuse Market. Read More

What years does this Pyro Fuse Market cover, and what was the market size in 2023?

In 2023, the Pyro Fuse Market size was estimated at USD 481.45 million. The report covers the Pyro Fuse Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pyro Fuse Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Pyro Fuse Market Size & Share Analysis - Industry Research Report

Pyro Fuse Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Pyro Fuse Market Report is Segmented by Voltage Type (High Voltage (More Than 700V), Medium Voltage (Between 400V To 700V), and Low Voltage (Below 400V)), Applications (Automotive and Industrial), and Geography (North America, Latin America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Pyro Fuse Industry Overview

The pyro fuse market is semi-consolidated with major players like Daicel Corporation, Autoliv Inc., Littelfuse Inc., Eaton Corporation, and Mersen Group. Players in the market adopt strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

September 2023: Daicel organized the battery show in North America, and over 775 top suppliers from the advanced battery and electric and hybrid vehicles industry participated. Special workgroup topics include battery safety, market forecasting, next-generation technology, and prevention of thermal runaway.
May 2023: Eaton announced that its eMobility business secured a contract to supply its battery disconnect unit (BDU) to a global vehicle manufacturer. The BDU will be available in 400 V and 800 V configurations and used in electrified passenger vehicles. Eaton's BDU incorporates its Breaktor circuit protection technology, effectively reducing complexity and cost. The primary function of the BDU is to act as an on/off switch for the vehicle's battery, depending on the mode of operation, such as charging or driving. Currently, most electric cars utilize one of three traditional circuit protection configurations in the BDU: fuse and contactor, pyro fuse and contactor, or fuse, pyro fuse, and contactor combined in a single BDU.