Press release
Growing Demand for Automotive Switch Market to Significantly Increase Revenues Through 2026
Automotive switch is like an electromechanical device that is used to operate an electrical circuit. It is used in vehicles for a wide variety of applications such as infotainment system, HVAC system, and electronic component systems. It helps the driver to control the direction indicators, infotainment, windows, and headlights without getting distracted from driving.
There are different types of automotive switches such as rotary, push button, toggle switches, and knobs. Nowadays, Illuminated switches are provided in the vehicles to indicate the actuation about a specific function, thus making it convenient for the user to locate and identify the switch position during low light. Illumination is provided in a number of switches, including rocker switches, push button switches, toggle switches and rotary switches.
As new technologies are implemented and accepted, so complexity of electrification in automobiles is increasing.
In order to make the automobiles system more reliable and efficient automobile manufacturers are using electronics devices. With the growing control requirements, increased vehicles electrification, and simplified wiring, automotive switches use is inevitable. The global automotive switch market is anticipated to have a modest CAGR in the forecast period.
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FACTS AT A GLANCE
Companies: Salzer Electronics Limited,INENSY,Eaton,Top Quality Auto Electric Products Co.,Ltd,Yueqing Daier Electron Co., Ltd.,Changzhou Leili Pressure Controller Co., Ltd.,Radin Electric Technology Co., Ltd.,Millborn Switchgears Pvt. Ltd,Sun Autoelektrik Private Limited,Gilard Electronics Private Limited
Coverage: All major geographies and key segments
Segments: Automotive Switch Market Segmented By Switches such as Rocker switches, Push button switches, Rotary switches, Toggle switches, Others with applications such as Indicator system switches, HVAC, EMS switches, Electronic system switches, Others
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
The ever increasing global automobile market and the growing adoption of automotive switches in the operating systems of vehicles is the major driving factor for the global automotive switch market. Also the technological advancements in the automobiles in terms of electronics systems and electrifications is making the use of automotive switch more common in vehicles.
The ease of operating the different functions during driving through automotive switches, and the illuminating nature of automotive switch that makes it easy to locate are bolstering the growth of global automotive switch market.
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However, luxury car manufacturers are incorporating screen touch panels in their vehicles for different electronics operations that can hamper the global automotive switch market. Also after a prolonged use of automotive switches their service starts deteriorating and delays the operations that can again slowdown the automotive switch market.
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