According to our (Global Info Research) latest study, the global EV Pyro-Fuse market size was valued at US$ 957 million in 2025 and is forecast to a readjusted size of US$ 2121 million by 2032 with a CAGR of 12.2% during review period.
EV Pyro-Fuse is a high voltage positive battery terminal fuse that automatically explodes and irreversibly disconnects the electrical connection in the event of an accident or collision in a car to avoid a short circuit or fire. Pyro-fuse, like traditional fuse, is also a one-time device. After the circuit is disconnected by blasting, the device will be damaged. It can safely and instantaneously turn off the high-voltage current.
At present, emerging industries such as new energy vehicles technology are developing rapidly. The global demand for EV Pyro-Fuse will be further stimulated, and the market space will increase rapidly.
In terms of market structure, more than 90% of the global market share is monopolized by European, American and Japanese brands. The major global manufacturers of EV Pyro-Fuse include Autoliv, Daicel, Pacific Engineering Corporation (PEC), Littelfuse, Mersen, Eaton, Miba AG, MTA Group, and Xi'an Sinofuse Electric, etc. In 2024, the global top three vendors of EV Pyro-Fuse are Autoliv, Daicel and Pacific Engineering Corporation (PEC), accounted for approximately 65% of the revenue.
This report is a detailed and comprehensive analysis for global EV Pyro-Fuse market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global EV Pyro-Fuse market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV Pyro-Fuse market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV Pyro-Fuse market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV Pyro-Fuse market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for EV Pyro-Fuse
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global EV Pyro-Fuse market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Autoliv, Daicel, Pacific Engineering Corporation (PEC), Littelfuse, Mersen, Eaton, Miba AG, MTA Group, Xi'an Sinofuse Electric, Joyson Electronic, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
EV Pyro-Fuse market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Voltage (Above 700V)
Mid Voltage (400V-700V)
Low Voltage (Below 400V)
Market segment by Application
BEV
HEV
Major players covered
Autoliv
Daicel
Pacific Engineering Corporation (PEC)
Littelfuse
Mersen
Eaton
Miba AG
MTA Group
Xi'an Sinofuse Electric
Joyson Electronic
Hangzhou Chauron Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EV Pyro-Fuse product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of EV Pyro-Fuse, with price, sales quantity, revenue, and global market share of EV Pyro-Fuse from 2021 to 2026.
Chapter 3, the EV Pyro-Fuse competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EV Pyro-Fuse breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and EV Pyro-Fuse market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of EV Pyro-Fuse.
Chapter 14 and 15, to describe EV Pyro-Fuse sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on EV Pyro-Fuse. Industry analysis & Market Report on EV Pyro-Fuse is a syndicated market report, published as Global EV Pyro-Fuse Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of EV Pyro-Fuse market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.