The global automotive power distribution box market is expected to reach $16.5 billion by 2024, growing at a CAGR of 8.5% from 2019 to 2024. Key drivers of growth include increasing electronic content in vehicles, rising vehicle production, and stringent government regulations for passenger safety. The market is segmented by type, component, vehicle type, end-user, and region. Top companies in the industry include Eaton, Lear, Sumitomo Electric, and TE Connectivity. Emerging trends are the introduction of modular high-voltage distribution systems and development of lightweight configurable power distribution boxes.

1. Automotive Power Distribution Box Market Report
2019-2024: Trends, Forecast and Competitive
Analysis
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2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Type Hardwired and configurable
Market Segments by
Component
Fuse, relay and others
Market Segments by Vehicle
Type
Passenger cars, light commercial vehicles, and electric vehicles
Market Segments by End-User OEM and aftermarket
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Eaton, Lear, Sumitomo Electric, TE Connectivity, Yazaki, Littelfuse, Leoni
Group, Furukawa Electric Group, PKC Group, Minda Corporation and
others.
Trend Growth Rate and CAGR 8.5%
Key Industry Forecast
The global automotive power distribution box market is expected to reach an
estimated $16.5 billion by 2024 with a CAGR of 8.5% from 2019 to 2024.
Key Industry Driver
Driver: Growth for this market are growing electronic content per vehicle,
growth in vehicle production, and stringent government regulation for
passenger safety.
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3. Industry Overview
Market Size
• The global automotive power distribution
box market is expected to reach an
estimated $16.5 billion by 2024 with a
CAGR of 8.5% from 2019 to 2024.
• 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.
Market Size (2024) $16.5 billion
CAGR (2019-24) 8.5%
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Industry Performance : Forecast