Press release
Automotive Switch Market Is Likely To Witness Exponential Growth In The Forecast Period 2022-2031 | Marquardt GmbH, Preh GmbH, Valeo, And Robert Bosch
Automotive Switch Market Share
The regions covered in the automotive switch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest automotive switch market share.
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The automotive switch market consists of sales of automotive switches by entities (organizations, sole traders, and partnerships) that are used to establish or disconnect electrical connections between the power source and the on-board power supply. Automotive switches are used in vehicles for a large number of switching tasks, in various designs and uses for safety and comfort.
Key competitors in the automotive switch market include ZF Friedrichshafen AG, Johnson Electric Holdings Limited, Leopold Kostal GmbH & Co. Kg, Marquardt GmbH, Preh GmbH, Valeo, and Robert Bosch.
The global automotive switch market size is expected to grow from $18.02 billion in 2021 to $19.17 billion in 2022 at a compound annual growth rate (CAGR) of 6.38%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive switches market size is expected to reach $26.71 billion in 2026 at a CAGR of 8.64%.
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TBRC's Report Segments The Global Automotive Switch Market:
1) By Type: Ignition Switches, HVAC Switches, Steering Wheel Switches, Window Switches, Overhead Console Switches, Seat Control Switches, Door Switches, Hazard Switches, Multi-Purpose Switches
2) By Design: Rocket Switches, Rotary Switches, Toggle Switches, Push Switches
3) By Vehicle: PCV, LCV, HCV, Two Wheelers
4) By Application: Indicator System Switches, HVAC, EMS Switches, Electronic System Switches
Read Further On The Automotive Switch Market Here:
https://www.thebusinessresearchcompany.com/report/automotive-switch-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Automotive Switch Market Characteristics
3. Automotive Switch Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Switch
5. Automotive Switch Market Size And Growth
.....
26. Africa Automotive Switch Market
27. Automotive Switch Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Switch Market
29. Automotive Switch Market Future Outlook and Potential Analysis
30. Appendix
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