openPR Logo
Press release

COVID-19 Impact: Body Control Module Market Growth, Restrains and Opportunities 2020-2027 | Continental, Denso Corp, Robert Bosch, Delphi Automotive, HELLA, Texas Instruments, Mouser Electronics, Infineon Technologies, Mitsubishi Electric Corp

05-11-2020 05:22 PM CET | Media & Telecommunications

Press release from: Allied Market Research

COVID-19 Impact: Body Control Module Market Growth, Restrains

Rise in demand for advanced safety and comfort in vehicles, strict safety regulations set by government for automotive industry, and surge in demand for automotive components fuel the growth of the global body control module market.

Get detailed COVID-19 impact analysis on the Body Control Module Market @ https://www.alliedmarketresearch.com/request-for-customization/5112?reqfor=covid

Allied Market Research published a report, titled, "Body Control Module Market by Type (CAN and LIN), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), and Application (Interior and Exterior): Global Opportunity Analysis and Industry Forecast, 2020-2027."According to the report, the global body control module industry was estimated at $23.59 billion in 2019, and is expected to hit $30.13 billion by 2027, registering a CAGR of 3.1% from 2020 to 2027.

Drivers, restraints, and opportunities-

Rise in demand for advanced safety, comfort, and convenience features in vehicles, strict safety regulations set by government for automotive industry, and surge in demand for automotive components drive the growth of the global body control module market. On the other hand, increase in complexity of module hampers the growth to some extent. However, surge in need for electric and hybrid vehicles across the globe, and steep rush in call for advanced driver assist features are expected to usher in multiple opportunities in the near future.

Download Report Sample (286 Pages PDF with Insights, Charts, Tables, Figures) @ https://www.alliedmarketresearch.com/request-sample/5112

The CAN bus segment to dominate by 2027-

Based on type, the CAN bus segment held the major share in 2019, generating nearly two-thirds of the global body control module market. Rise of cloud computing technology and growth in internet of things (IoT) have created significant demand for CAN buses in the automotive field which, in turn, propels the segment growth. The LIN bus segment, on the other hand, would grow at the fastest CAGR of 3.8% throughout the forecast period. The Local Interconnect Network device, with the master slave architecture on board, allows for up to 16 LIN RGB slave modules on a private LIN bus, thereby permitting up to 196 LED lighting devices to be connected to a single BCM via a LIN bus. This factor drives the segment growth.

The passenger cars segment to lead the trail during the estimated period-

Based on vehicle type, the passenger cars segment contributed to more than two-thirds of the global body control module market share in 2019, and is expected to rule the roost by 2027. Surge in demand for passenger vehicles in developing and developed countries boost the segment growth. At the same time, the electric vehicle segment would manifest the fastest CAGR of 7.8% during 2020ญ-2027. Rising growth in urbanization and increase in attractive offers on electric vehicles from government bodies spur the growth of the segment.

Interested to Procure The Data? Inquire here @ https://www.alliedmarketresearch.com/purchase-enquiry/5112

Asia-Pacific, followed by Europe and North America, to maintain the lead status-

Based on geography, Asia-Pacific accounted for nearly two-fifths of the global body control module market revenue in 2019, and is anticipated to retain its dominance till 2027. The same region is also projected to register the fastest CAGR of 4.1% by 2027. Automobile manufacturers are actively involved in the process of developing innovative products to meet the consumer demands in this region which, in turn, has augmented the growth. However, North America appeared to be the third highest revenue holder in 2019.

Frontrunners in the industry-

Delphi Automotive PLC (UK)
HELLA
Texas Instruments Inc.
Renesas Electronics Corporation
Robert Bosch GmbH (Germany)
Continental AG (Germany)
Mouser Electronics
Infineon Technologies AG
Denso Corporation (Japan)
Mitsubishi Electric Corporation

Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/5112

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release COVID-19 Impact: Body Control Module Market Growth, Restrains and Opportunities 2020-2027 | Continental, Denso Corp, Robert Bosch, Delphi Automotive, HELLA, Texas Instruments, Mouser Electronics, Infineon Technologies, Mitsubishi Electric Corp here

News-ID: 2041443 • Views: โ€ฆ

More Releases from Allied Market Research

Driving Innovation : Automotive Hypervisor Market to Hit $2.04 Billion by 2030, Fueled by a 31.9% CAGR
Driving Innovation : Automotive Hypervisor Market to Hit $2.04 Billion by 2030, โ€ฆ
According to a recent report published by Allied Market Research, titled, "Automotive Hypervisor Market by Vehicle Type, Type, Level of Automation and Vehicle Class: Global Opportunity Analysis and Industry Forecast, 2021-2030," ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ก๐ฒ๐ฉ๐ž๐ซ๐ฏ๐ข๐ฌ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ๐Ÿ‘๐Ÿ.๐Ÿ๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ, ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ,๐ŸŽ๐Ÿ‘๐Ÿ•.๐Ÿ”๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ‘๐Ÿ.๐Ÿ—% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ. North America dominates the market in terms of revenue, followedโ€ฆ
Driving Off the Beaten Path : Utility Terrain Vehicle Market to Reach $1.8 Billion by 2032, With a 5.5% CAGR
Driving Off the Beaten Path : Utility Terrain Vehicle Market to Reach $1.8 Billi โ€ฆ
According to the report published by Allied Market Research, ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฎ๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ ๐ญ๐ž๐ซ๐ซ๐š๐ข๐ง ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ.๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ“.๐Ÿ“% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ A utility terrain vehicle (UTVs), also known as a utility task vehicle or side-by-side (SxS), is a specialized off-road vehicle designed for several utility and recreational purposes. UTVsโ€ฆ
Speaking Up : Automotive Voice Recognition System Market Set to Reach $14.7 Billion by 2032, Fueled by a 16.1% CAGR
Speaking Up : Automotive Voice Recognition System Market Set to Reach $14.7 Bill โ€ฆ
According to a new report published by Allied Market Research, titled, "Automotive Voice Recognition System Market," ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ฏ๐จ๐ข๐œ๐ž ๐ซ๐ž๐œ๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ‘.๐Ÿ’ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ๐Ÿ’.๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ”.๐Ÿ% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐…๐ฎ๐ญ๐ฎ๐ซ๐ข๐ฌ๐ญ๐ข๐œ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ Key trends impacting the automotive voice recognition system market: > ๐„๐ง๐ก๐š๐ง๐œ๐ž๐ ๐”๐ฌ๐ž๐ซ ๐„๐ง๐ ๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ - The automotive industry prioritizes user satisfaction,โ€ฆ
Electric Truck Market to Reach $3.86 Billion by 2030 with a 26.4% CAGR - Industry Report
Electric Truck Market to Reach $3.86 Billion by 2030 with a 26.4% CAGR - Industr โ€ฆ
Allied Market Research (AMR) has recently published a comprehensive report entitled "Electric Truck Market." According to a research report, ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ญ๐ซ๐ฎ๐œ๐ค ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ‘๐Ÿ—๐Ÿ.๐Ÿ‘ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐ŸŽ, ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ‘,๐Ÿ–๐Ÿ”๐Ÿ.๐Ÿ– ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ”.๐Ÿ’% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ. This research report provides a qualitative and quantitative analysis of recent technological developments, market dynamics, segmental analysis, regional analysis, key investmentโ€ฆ

All 5 Releases


More Releases for Body

CPG Accredited as CSA Certification Body - Global Audit Body expands offerings
Certification Partner Global (CPG) is pleased to announce that it Corporate Membership of CSA, the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. Concomitant with this, CSA has accredited CPG to audit Cloud Service Providers (CSPs) for STAR (Security, Trust and Assurance Registry) Certification. The STAR Certification evaluates the effectiveness of a CSP's ISMS, with specific reference to theโ€ฆ
Body-Worn Camera (Body Worn Camera) Market Size, Share, Development by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Body-Worn Camera (Body Worn Camera) market. Body-worn video cameras are valuable tools that can be used by law enforcement to record traffic stops, arrests, sobriety tests, and interviews. Body-worn video camera systems typically consist of a camera, microphone, battery, and onboard data storage. They are designed to be head-mounted or worn at various locations on theโ€ฆ
Body Creams & Body Lotions Global Market 2017: Key Players โ€“ L'OCCITANE, CLARI โ€ฆ
Body Creams & Body Lotions Market 2017 Wiseguyreports.Com adds โ€œBody Creams & Body Lotions Market โ€“Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2022โ€ To Its Research Database. Report Details: This report provides in depth study of โ€œBody Creams & Body Lotions Marketโ€ using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Body Creams & Body Lotions Market report also provides an in-depth survey ofโ€ฆ
Global Power Towers Market Professional Survey Report 2017 - Best Fitness, Body โ€ฆ
Albany, New York, June 23, 2017 : Recent research and the current scenario as well as future market potential of " Global Power Towers Industry : Market Demands, Insights, Research and Forecast 2017-2021 " globally. This report studies Power Towers in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast toโ€ฆ
Global Electric Guitar Market 2017 - Solid Body, Semi-Hollow Body, Hollow Body, โ€ฆ
Global Electric Guitar Market 2017 Production, Shares, Supply, Demand, Analysis & Forecast to 2022 Global Electric Guitar Market 2017, presents a professional and in-depth study on the current state of the Electric Guitar market globally, providing basic overview of Electric Guitar market including definitions, classifications, applications and industry chain structure, Electric Guitar Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Electric Guitarโ€ฆ
Body Armor Market Research & Development Activities to Develop Light-Weight Body โ€ฆ
The market dynamics, which includes the market drivers, restraints and opportunities, has also been included under the scope of the report. Market dynamics help to study the current trends in the global market by providing insights of the distinctive factors that influence the growth of the specific market. Thus, this report provides an inclusive study of the global body armor market and also provides forecast of the market for theโ€ฆ