Press release
Body Control Module Global Market 2025: Anticipating Steady Growth with Market Size Expansion and Adoption of Advanced Technologies
Body Control Module Market Segments
Projected growth in the body control module market is driven by increasing automotive electrification and demand for energy-efficient systems.
What Is The Projected Market Size Of The Global Body Control Module Global Market Report 2025 And Its Growth Rate?
• The body control module market size was $32.98 billion in 2024.
• It is predicted to grow to $33.69 billion in 2025 at a compound annual growth rate (CAGR) of 2.2%.
• The anticipated growth can be attributed to the rising complexity of vehicle electronics and integration of advanced safety features.
• The body control module market size is projected to grow further to $38.73 billion in 2029 at a compound annual growth rate (CAGR) of 3.5%.
What Is Driving The Growth In The Body Control Module Global Market Report 2025?
The primary driver of growth in the body control module market is the escalating demand for electric vehicles. Body control modules play a vital role in managing energy in electric vehicles to optimize the travel distance before the battery needs to be recharged. The Australian Department of Infrastructure reported a 2% increase in registered motor vehicles with battery electric vehicles noting a 100% growth from 2021. This trend points towards a robust demand for body control modules and contributes significantly to the market growth.
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Who Are the Key Players Driving Body Control Module Global Market Report 2025 Growth?
The major players in the body control module market include:
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Denso Corporation
• Continental AG
• Mitsubishi Electric Corporation
• Hyundai Mobis Co Ltd.
• Calsonic Kansei Corporation
• Mazda Motor Corporation
• Valeo Groupe
• Lear Corporation
• Texas Instruments Incorporated
• NAPA Auto Parts
What Are The Key Trends In The Body Control Module Global Market Report 2025?
Key trends in the body control module market include:
• Integration of advanced driver assistance systems.
• Incorporation of lighting control modules.
• Provision of software updates and over-the-air (OTA) capabilities.
• Adoption of advanced sensor technologies.
What Are The Segments Of The Global Body Control Module Global Market Report 2025?
The body control module market is segmented by:
• Type: Control Area Network (CAN) Bus, Local Interconnect Network (LIN) Bus
• Component: Hardware, Software
• Vehicle Type: Passenger Car, Electric Vehicle, Commercial Vehicle
• Power Distribution Components: Relays, Fuses
• Application: Interior, Exterior
Which Region Leads The Body Control Module Global Market Report 2025?
Asia-Pacific was the largest region in the body control module market in 2024. The body control module market covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Body Control Module Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Body Control Module Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Body Control Module Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Body Control Module Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Body Control Module Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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