Growth Opportunities in Steering Column Control Modules Market New Research Report

Automobile design, operation, aesthetics and technology are continuously evolving and witnessing significant advancements. Previous designs and operations in automobiles included various switches for different purposes, which were simple in design but complex in operation. Especially, steering systems witnessed prominent advancements in past decade. Development of hybrid, electric and hydraulic steering are some of the examples. Integration of various operational switches for convenience in steering wheels and column is indeed a timely innovation, which can also be claimed as one amongst the important innovation in an automobile.

It was never thought that someone could come up with an idea of Steering Column Control Module (SCCM) where one can control the switches very comfortably with ease while driving. The safety and the ease of driving an automobile has increased considerably due to the installation of steering column control modules on the steering wheel of vehicles.

The module which controls the switches “on” or “around/below” the steering wheel are known as the steering column control modules. Typically, there are many electromechanical systems installed on the steering wheels nowadays in automobiles. A Steering column control module is mounted on the steering column but it is placed below the steering wheel, this steering column module is the main network for all the systems surrounding it. The operating switches known as the stalk lever switches, are positioned to the right and the left sides of the steering column control modules. The stalk lever switches and the controls which are mounted on the steering wheel and systems i.e. (sound controls buttons, cruise controls, horns, Bluetooth and hands free calling buttons and air bags) are all connected with the other system through the Steering Column Control Module. Typical assembly components of steering column control module includes circuit board, connectors and electrical wire cables for interconnection between the systems. The features and controls which are provided in the steering column control module are also dependent the type of the automobile i.e. Passenger Cars, Commercial Vehicles, Transport vehicles etc. Introduction of new technologies, comfort features and active safety systems in vehicles is expected to drive steering column control modules market in near future.

Steering Column Control Modules Market dynamics:

The market of steering column control module has been marked with presence of established players. A challenging task in steering column control modules market is to manufacture these modules as the interconnection between many components and the systems in the steering assembly. The automotive manufacturers are heavily dependent on the providers of the steering system owing to their technological expertise. Steering column control module market is witnessing continuous development from its providers with new ideas and innovation.

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Increasing safety of vehicle occupants and pedestrians is one of the prime concerns of automakers and many manufacturers are trying to develop steering column control modules so that safety and comfort features are enhanced to a much higher level. As per the current scenario, steering column control modules have become integral part of automobiles. The increasing standard of cabin comfort level has triggered utilization of requirement specific or custom made steering column control modules in great demand and this is expected to provide significant boost in the near future. The market for the steering column control modules is expected to provide significant opportunities to component providers, integrators and original equipment manufacturers across the globe.

Steering Column Control Modules Market segmentation:

Steering Column Control Modules can be segmented by type of sales channel, by components position and automobile type.

By sales channel,Steering Column Control Modules Market can be segmented as:

Original equipment manufacturer

Aftermarket

By Component Position type, Steering Column Control Modules Market can be segmented as:

On the Steering Wheel (Sound Control, Airbags, etc.)

Around/Below the Steering Wheel (Stalk levers, i.e. Wiper control, Head light control etc.)

By Automobile type, Steering Column Control Modules Market can be segmented as:

Passenger cars

Commercial vehicles

Heavy Trucks and Busses

Off-road Vehicles

Steering Column Control Modules Market: Regional Outlook:

Steering Column Control Modules can be divided into seven different geographical regions/divisions such as North America, Latin America, Western and Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, Middle East and Africa. The demand for steering column control modules is significant in Asia Pacific followed by Europe and North America owing to automotive steady rates of production volumes and sales. Owing to lack of production facilities in Middle East and Africa and relatively low production of vehicles in Latin America, the market potential of steering column control module is low. The Asian giant countries like India and China which have significant sales and production of automobiles are expected to witnessmomentous growth in steering column control module market in the coming years.

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Steering Column Control Modules Market: Key Players:

ZF TRW

Leopold Kostal Gmbh & Co. KG

Delphi Automotive LLP

Ididit

Nexteer Automotive

Valeo

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This release was published on openPR.