Scotty down rigger guts part?

[Birdsnest]

What part it in the location of the red circle?

 

[Trophy]

Tried to look it up For you but need model number. Try googling “scotty model ???? Electrical diagram”. Complete schematics are shown.

 

[Birdsnest]

Found the part. All good. 5$ easy fix. 20 amp auto reset circuit breaker.

 

[wildthing]

water ingress may want a new gasket as well

 

[markowwes]

Looks like it got pretty Hot!!! You need to cut the wires back to nice clean copper! Bad wire is high resistance equals high heat.