The global market for automotive switches is slated to reach US$ 36 Bn at the end of the 2021-2031 assessment period. By 2021-end, the market is expected to reach US$ 15.5 Bn. Automotive switches for passenger cars are likely to register maximum sales, expanding 1.4x across the forecast period. Overall, the market is poised to more than double until 2031.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Automotive Switches Market both at worldwide and provincial levels.
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Key Points Covered in Automotive Switches Industry Survey
- Market Estimates and Forecasts (2016-2031)
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Brand Share and Market Share Analysis
- Key Product Innovations and Regulatory Climate
- Assessment by Product Grade / Purity / Formulation Standards
- Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Companies Profiled
- Tokai Rika Co. Ltd,
- LS Automotive Technologies
- Hella KGaA Hueck & Co.
- Panasonic Corporation
- Robert Bosch GmbH
- TE Connectivity
- Honeywell International Inc.
- ZF Friedrichshafen AG
- Omron Corporation
- Leopold Kostal GmbH & Co. KG
- Toyodenso Co. Ltd.
- Industrial Engineering Syndicate (INENSY)
- Aptiv Plc
Key Segments Covered
- Vehicle
- Automotive Switches for Passenger Cars
- Compact
- Mid-size
- Luxury
- SUV
- Automotive Switches for Light Commercial vehicles
- Automotive Switches for Heavy Commercial Vehicles
- Automotive Switches for Electric Vehicles
- Automotive Switches for Tractors
- Automotive Switches for Forklifts
- Automotive Switches for Two Wheelers
- Conventional
- Electric
- Automotive Switches for Passenger Cars
- Switch
- Automotive Interior Control Switches
- AC Switch Assembly
- Light Module/Switches
- Multifunctional Switches
- Overhead Console Switch
- Multimedia Switch assembly
- Steering Switch Assembly
- Seat Control Switches
- Seat Heater Switches
- Automotive Access Management Switches
- Power Window Switch Assembly
- Side Window Switches
- Door Light Switches
- Ignition Switches
- Powerlift Gate Switches
- Sun Roof Switches
- Back Carrier Switches
- Automotive Powertrains & Other Switches
- Reverse Light Switches
- Brake Light Switches
- Automatic Gear Control Switches
- Automatic Reverse Parking Brake Switches
- Hand Brake Switches
- Fork Lifting Switch Module
- Automotive Interior Control Switches
- Sales Channel
- Automotive Switches Sales via OEMs
- Automotive Switches Sales via Aftermarket
Competitive Landscape
Key players involved in the market are rigorously investing in the development and launches of new products to gain a competitive advantage and expand their consumer base. Mergers & acquisitions along with diversification of product portfolios are key business strategies implemented by participants in the automotive switches industry.
- In August 2021, TOKAI RIKA Co., Ltd. announced the development of a fingerprint-authentication start switch to help boost vehicle anti-theft performance. A first for Japanese cars, this switch will be used by the new Toyota Land Cruiser that was launched in August 2021.
- In April 2021, Autoliv, Inc. and Mersen announced a joint collaboration to develop devices that will help make electric vehicles safer. The collaboration will produce disconnect devices that utilize Autoliv’s proven pyrotechnical safety switch (“Pyroswitch”) technology and Mersen’s fuse hybridization concepts, to create affordable devices that can disconnect up to 1000-volt power source in milliseconds, before dangerous arcing can occur.
