openPR Logo
Press release

Global Body Control Modules Market to Surge at 6.5% CAGR through 2030, Driven by Rising Demand for Passenger Cars and Electric Vehicles

05-17-2024 01:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The Global Body Control Modules Market has been projected to grow at a ๐‚๐€๐†๐‘ of 6.5% from 2022 to 2030, as per a recently published report by Dataintelo. The significant growth trajectory of this market is driven by the increasing demand for passenger cars, light commercial vehicles, and heavy commercial vehicles. Additionally, the surge in demand for electric and hybrid vehicles further amplifies market growth.

Body Control Modules industry is further classified by type into CAN and LIN body control modules. The CAN body control module segment is expected to grow exponentially at a higher ๐‚๐€๐†๐‘ during the forecast period, surpassing the LIN body control module segment. This growth is primarily due to its rising popularity among OEMs, owing to its capability to offer high-speed communication with low latency between different ECUs within a vehicle system.

The Body Control Modules Market's boom is directly proportional to the escalating demands of the automobile industry. With more innovative technologies on the horizon in the automobile sector, the market is set to witness continuous growth in the coming years. As the evolution of electric and hybrid vehicles continues unabated, the demand for body control modules, which play a critical role in the functioning of these vehicles, will likely see an upward trajectory.

Considering the above factors, the Body Control Modules Market presents promising ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซgrowth and investment in the forecast period, giving a positive indication to stakeholders within this market.

This information is based on the data collated and analyzed by Dataintelo, reinforcing its reputation as a reliable source for market economics and industry trends. It provides valuable insights to manufacturers, market players, and investors, assisting in making strategic business decisions

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/230719

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The body control modules market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— CAN Body Control Modules
โ— LIN Body Control Modules

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Passenger Cars
โ— Light Commercial Vehicles
โ— Heavy Commercial Vehicles

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Delphi Automotive
โ— Continental
โ— Hella
โ— ZF Friedrichshafen
โ— Bosch
โ— Omron
โ— Denso
โ— Lear Corporation
โ— Toyota
โ— Ford
โ— Valeo
โ— Atech Automotive
โ— Beijing Hyundai
โ— Texas Instruments
โ— NXP
โ— Infineon Technologies
โ— Diodes Incorporated
โ— Fujitsu
โ— Panasonic



The body control modules market is primarily segmented into CAN body control modules and LIN body control modules. CAN body control modules, also known as Controller Area Network modules, are designed to handle operations and control functions in highly complex automotive designs. In contrast, LIN (Local Interconnect Network) body control modules are used for less complex control operations in vehicles like power windows, airbags, and some comfort-related functions. The applications where these body control modules are employed encompass passenger cars, light commercial vehicles, and heavy commercial vehicles.

On the basis of ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, the body control modules market spans across regions like Asia Pacific, North America, Latin America, Europe, Middle East and Africa. The Asia Pacific region holds significant potential owing to rapid industrialization and an upturn in automobile production. North America, followed by Europe, is anticipated to demonstrate significant growth driven by technological advancements and the high proliferation of premium vehicles. In Latin America, the expansion can mainly be attributed to the rising automotive manufacturing units. The market in regions like Middle East and Africa is likely to showcase a steady growth pattern due to the increasing demand for advanced automotive technologies

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/230719

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ for Body Control Modules Market:

1. Increasing Demand for Advanced Safety and Comfort Systems: The rising demand for features such as keyless entry, power windows or automatic wipers in vehicles is driving the growth of the Body Control Modules market.

2. Vehicle Electrification: The transition towards electric vehicles is expected to boost the demand for advanced Body Control Modules that are needed to accommodate the complex electrical system in these vehicles.

3. Government Regulations: Stricter safety and emission standards imposed by governments worldwide are leading to an increase in the use of Body Control Modules, as they contribute towards creating safer, more efficient vehicles.

4. Technological Advancements: The rapid technological advancements in the automotive industry, such as the integration of artificial intelligence and machine learning, is expected to further fuel the Body Control Modules market growth.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซBody Control Modules Market:

1. Growing Electric Vehicle Market: The increasing trend towards electric and hybrid vehicles presents a significant opportunity for the Body Control Modules market. These vehicles require advanced control systems, opening new avenues for growth in this market.

2. Advanced Driver Assistance Systems (ADAS): Body Control Modules play a significant role in the functioning of ADAS, which are set to become commonplace in vehicles over the coming years. This presents a huge opportunity for Body Control Modules manufacturers to expand their operations.

3. Autonomous Vehicles: The development and eventual implementation of autonomous (self-driving) vehicles will require advanced body control systems, thus, providing substantial growth ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซthe Body Control Modules market.

4. Aftermarket Growth: The growing aftermarket for vehicle parts and components presents a great opportunity for Body Control Modules suppliers to expand their business. This is due to the need for periodic replacement and upgrading of Body Control Modules in vehicles

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/230719

This report should be bought by business owners, market analysts, leading industry players, policy makers, investors, research organizations, and individuals who wish to gain detailed and accurate insights into their respective markets.

DataIntelo is a highly acknowledged market research entity that brings an exhaustive market research report. The following are the ๐†๐จ๐จ๐ ๐ญ๐ก๐ข๐ง๐ ๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

1. Comprehensive Data: DataIntelo provides extensive market research that covers a wide range of aspects, from market landscape, growth factors, latest trends, etc.

2. Quality Analysis: The analyses provided by DataIntelo are accurate, reliable and are prepared by a team of expert analysts.

3. Industry Insights: DataIntelo's reports often include insights from industry experts, which add significant value to the overall research.

4. Timely Updates: They provide regular updates to their research reports to ensure clients' get the latest data and information.

5. Competitive pricing: DataIntelo offers these comprehensive insights at competitive pricing, ensuring good value-for-money for their clients.

6. Customization: They provide the option of customizing the reports as per the specific needs of the clients.

7. Excellent Customer Service: DataIntelo prides in their customer service, ensuring all queries and problems are resolved speedily and efficiently

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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 Global Body Control Modules Market to Surge at 6.5% CAGR through 2030, Driven by Rising Demand for Passenger Cars and Electric Vehicles here

News-ID: 3501598 • Views: โ€ฆ

More Releases from Dataintelo

Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of XX%, Segmented by Type, Manufacturing Process, Application, and More, Reveals Dataintelo Report
Carbon Carbon Composite Brake Disc Market Projected to Grow at a Steady CAGR of โ€ฆ
Dataintelo has recently unveiled a comprehensive analysis on the Carbon Carbon Composite Brake Disc Market in its latest report. The research, which is segmented by Type (2D C/C composite, 2.5D C/C composite, 3D C/C composite), by Manufacturing Process (Blow Moulding, Injection Moulding) and by Application (Motorsport, Aerospace, Heavy Vehicles), among other factors, anticipates the market to grow at a significant CAGR of XX% during the forecast period. The report considersโ€ฆ
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in Dataintelo's Latest Research Report Covering In-Depth Analysis of Leading Players and Key Sectors
AR Optical Waveguide Module Market to Expand at a Significant CAGR, Revealed in โ€ฆ
Dataintelo has recently published a comprehensive study on the AR Optical Waveguide Module Market, revealing a forecast annual growth rate (CAGR) of XX%. The report is detailed and breaks down its research by aspects such as Light Detection (Infrared, Ultraviolet, Visible Light), Waveguide Type (Planar Waveguide, Channel Waveguide), Material Type (Polymer, LiNbO3, Glass, Silicon), Application (Telecommunication, Healthcare, Industrial, Aerospace and Defense), and Component (Input/Output Coupler, Waveguide Core, Cladding). The report segmentsโ€ฆ
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Players ABB Group, Yaskawa Electric Corporation, and Fanuc Corporation
6-Axis Robots Market Expected to Witness Significant Growth, Focusing on Key Pla โ€ฆ
In a newly published report from Dataintelo, it is revealed that the 6-Axis Robots Market is projected to experience a substantial growth, marking a significant CAGR in the forecast period. The comprehensive study is segmented by type, including Articulated, Cylindrical, Spherical, and Cartesian robots, and by application, encompassing Material Handling, Welding, Painting, and Assembly amongst others. Additionally, it explores various end-use industries, such as Automotive, Electrical and Electronics, Metals andโ€ฆ
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study on Product Types, Applications, End-users, and Key Players
XX% Growth Projected for Mesotherapy Market, Reveals Dataintelo's Detailed Study โ€ฆ
In an insightful investigation of the Mesotherapy Market, Dataintelo unveils a comprehensive analysis of the key growth markers, restraints, and business prospects that will shape the industry dynamics in the coming years. The report is segmented by Product Type (Plant Extracts, Hormones, Enzymes, Vitamins, Others), by Application (Non-Surgical Liposuction, Body Contouring, Hair Restoration, Others), by End-user (Hospitals, Speciality Clinics, Aesthetic Centers), and by Technique (Nappage, Point by Point, Mesoperfusion, Mesolift,โ€ฆ

All 4 Releases


More Releases for Control

Taking Control: Automotive Seat Control Modules Market Innovations
According to the recent findings by Persistence Market Research, sales of automotive seat control modules are anticipated to reach a value of US$ 8.95 Billion in 2022 with consistent long-term projections for the market. According to the report, the market will expand at 5.3% CAGR from 2022 to 2032. Automotive seat control modules are seeing increasing sales as customers demand more comfortable seats and various automobile interior accessories. Integrated systems thatโ€ฆ
Insect pest control Market Demand, Overview, Size, Trend, and Cleankill Pest Con โ€ฆ
Global Insect pest control report from Global Insight Services is the single authoritative source of intelligence on Insect pest control market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, productโ€ฆ
Noise Control Services Market Share 2022 Growth Challenges, Opportunities and Fu โ€ฆ
Global "Noise Control Services Market" to grow with an impressive CAGR over the forecast period from 2022-2030. The report on Noise Control Services offers the customers with a comprehensive analysis of vital driving factors, customer behavior, growth trends, product application, key player analysis, brand position and price patterns. The statistics on estimating patterns is obtained by studying product prices of key players as well as emerging market players. Additionally, Noiseโ€ฆ
Global Control Valves Market | Control Valves Industry | Covid-19 Impact Global โ€ฆ
Control valves refer to valves used in process industries to regulate process variables, such as flow, pressure, temperature, and fluid level in process industries including water management, chemicals, oil & gas, power generation, pharmaceuticals, automotive, mining, and food & beverages. These valves play a vital role in mounting efficiency, safety, and profitability of these process industries. Moreover, manufacturers of control valves are continually engaged in research & development (R&D) activitiesโ€ฆ
Turbine Control System Market Report 2018: Segmentation by Component (Sensors, H โ€ฆ
Global Turbine Control System market research report provides company profile for ABB (Switzerland), Siemens (Germany), Honeywell (US), Emerson (US), GE (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also providesโ€ฆ
Global Acoustic Control System Market 2017 Acoustic Control, Oceaneering Interna โ€ฆ
Global Acoustic Control System sales will reach about 1011 billion USD in 2017 from 875 billion USD in 2012 all around the world, with the CAGR of 2.62%. The Leading growing markets are China, Southeast Asia, etc. USA, EU, Oceania, India, etc. is the mature market with low growth rate. Global Acoustic Control System Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This Acoustic Controlโ€ฆ