What’s driving the Automotive Switch Market trends? 2019 Top Key Players are Continental, Robert Bosch, TRW Automotive, Hella, Tokai Rika, Omron, Panasonic Corporation, and Delphi

Market Overview:-

Automotive Switch Market is projected to cross USD 40 billion by 2024. Rising consumer demand for integrated electronics in vehicles owing to the increased safety and convenience it offers will stimulate the automotive switch market growth.

Growing demand for vehicles is likely to enhance shipments over the forecast period. Vehicle production is increasing and modern vehicles are equipped with various electronic systems including infotainment, HVAC, electric steering, headlight control, transmission, acceleration, and window. Switches are an important part of electronic systems, which help in the better functioning of the vehicle.

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Top Key Players:-

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

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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Technological advancements in the automobile sector are resulting in the increased adoption of automotive switches in vehicles to make the systems more efficient and reliable. These systems provide ease of operating various functions at the same time and their illuminating nature makes them easy to locate. Moreover, the growing demand for electric vehicles will provide significant growth opportunities to the industry players.

Engine management switches segment is likely to grow at a higher CAGR during the forecast period. This is attributed to the increasing awareness for automobile safety while driving. These switches play a key role in monitoring the engine operation thereby increasing the vehicle efficiency. Improved efficiency and better engine operation will boost the demand for engine management switches.

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