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Growth of Automotive Electronic to Boost Growth | Technavio

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Technavio has been monitoring the automotive fuse boxes market and it is poised to grow by USD 540 mn during 2019-2023, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is moderately concentrated, and the degree of moderately concentration will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Growth of automotive electronic has been instrumental in driving the growth of the market.

Automotive Fuse Boxes Market 2019-2023: Segmentation

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Automotive Fuse Boxes Market is segmented as below:

End-User

  • Ice Vehicle
  • Electric Vehicle

Geographic Segmentation

  • Americas
  • APAC
  • EMEA

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