Automotive Switch Market 2018 Key Players are Delphi, Continental, Omron, Tokai Rika, Hella, ZF TRW, Panasonic, Robert Bosch

Market Overview:-

Automotive Switch Market share in engine management system sector is projected to grow at a CAGR of 4% over 2017-2024, subject to high product demand across hybrid and electric vehicles.

Automotive switches find wide application in electric steering, passenger vehicles, HVAC systems, commercial vehicles, indicator systems, transmission, infotainment, and engine management systems. Passenger vehicles sector, which contributed more than 70% of automotive switch industry size in 2016, is anticipated to make noteworthy contributions towards the industry share in future. The growth can be accredited to the seamless driving experience of the user along with better engine functionality accompanied by secured vehicle features.

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Rising deployment of toggle switches, keyed switches, & other switch line products in vehicles for user safety will propel Automotive Switch Market size. The vehicle production across the globe has improved by 13% from 2012 to 2016, which calls for new growth opportunities for business. Rapid technological innovations in automotive electronics systems will enhance the user connectivity and increase vehicle efficiency, thereby plotting a profitable roadmap for automotive switch market. A report by Global Market Insights, Inc., states that automotive switch industry revenue, which was estimated at USD 25 billion in 2016, is anticipated to hit USD 40 billion by 2024.

Top Key Players:-     

The key players of global Automotive Switch Market are Delphi, Continental, Omron, Tokai Rika, Hella, ZF TRW, Panasonic, Robert Bosch.

Regional Segmentations:-

Asia Pacific automotive switch market will observe the highest CAGR fueled by the growing automotive industry. Rising number of automobile manufacturing facilities in India and China owing to the lesser cost of production, improving production capacity, and surging demand for heavy and light vehicles are driving the industry in these nations.

North America automotive switch market is expected to have a significant growth over the projected period. This can be attributed to the increasing vehicle manufacturing facilities in Mexico owing to the lower production cost and cheap labor, pushing the production volume in this region and driving the industry growth.

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Major Points of Table Of Content:-

Automotive Switch Industry Insights
3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1.   Distribution channel analysis

3.3.2.   Vendor matrix

3.4. Production Statistics (2013 – 2024)

3.4.1.   U.S.

3.4.1.1.      Commercial vehicles

3.4.1.2.      Passenger vehicles

3.4.2.   Canada

3.4.2.1.      Commercial vehicles

3.4.2.2.      Passenger vehicles

3.4.3.   UK

3.4.3.1.      Commercial vehicles

3.4.3.2.      Passenger vehicles

3.4.4.   Germany

3.4.4.1.      Commercial vehicles

3.4.4.2.      Passenger vehicles

3.4.5.   France

3.4.5.1.      Commercial vehicles

3.4.5.2.      Passenger vehicles

3.4.6.   Italy

3.4.6.1.      Commercial vehicles

3.4.6.2.      Passenger vehicles

3.4.7.   Russia

3.4.7.1.      Commercial vehicles

3.4.7.2.      Passenger vehicles

3.4.8.   China

3.4.8.1.      Commercial vehicles

3.4.8.2.      Passenger vehicles

3.4.9.   India

3.4.9.1.      Commercial vehicles

3.4.9.2.      Passenger vehicles

3.4.10. Japan

3.4.10.1.    Commercial vehicles

3.4.10.2.    Passenger vehicles

3.4.11. South Korea

3.4.11.1.    Commercial vehicles

3.4.11.2.    Passenger vehicles

3.4.12. Brazil

3.4.12.1.    Commercial vehicles

3.4.12.2.    Passenger vehicles

3.4.13. Mexico

3.4.13.1.    Commercial vehicles

3.4.13.2.    Passenger vehicles

3.4.14. Egypt

3.4.14.1.    Commercial vehicles

3.4.14.2.    Passenger vehicles

3.4.15. South Africa

3.4.15.1.    Commercial vehicles

3.4.15.2.    Passenger vehicles

3.5. Technology & innovation landscape

3.5.1.   Capacitive proximity switches

3.5.2.   TS100ASIC (application specific integrated circuit)

3.5.3.   Panel mounted switches

3.6. Regulatory landscape

3.6.1.   U.S.

3.6.1.1.      Department of Energy

3.6.2.   EU

3.6.3.   China

3.6.3.1.      China’s Ministry of Industry and Information Technology (MIIT)

3.7. Industry impact forces

3.7.1.   Growth drivers

3.7.1.1.      Rising new automobiles demand

3.7.1.2.      Increasing adoption of electronic systems in vehicles

3.7.2.   Industry pitfalls & challenges

3.7.2.1.      High costs for incorporating touch panels

3.8. Growth potential analysis

3.8.1.   Business models

3.9. Porter's analysis

3.9.1.   Supplier power

3.9.2.   Buyer power

3.9.3.   Threat of new entrants

3.9.4.   Threat of substitutes

3.9.5.   Internal rivalry

3.10.     Competitive landscape, 2016

3.10.1. Strategy dashboard

3.11.     PESTEL analysis

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Based on the product trends, automotive switch market is segmented into various products such as touchpads, knobs, buttons, and levers. Button automotive switch industry is predicted to experience a significant surge over the coming years, driven by the escalated use in passenger and commercial vehicles. Touchpad automotive switch market is slated to expand notably over the coming timeframe, owing to the rising installation of added smartphone features to the automobile along with the product’s ability to integrate with the touch panel for improving the aesthetic appearance and value of the vehicle.  Firms are emphasizing on the installation of touchpads as a vital component of the electronic systems in automobiles to fulfill the rising consumer demand for the advanced cars.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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