Market Overview:
The global automotive gear selector switch market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger cars and commercial vehicles. On the basis of type, the global automotive gear selector switch market has been segmented into 4-speed car type, 3-speed car type, and others. The 4-speed car type segment is expected to account for a major share of the global automotive gear selector switch market during the forecast period. This can be attributed to its high demand in developed countries such as North America and Europe. On the other hand, 3-speed car type segment is anticipated to grow at a higher CAGR owing to its growing demand from developing countries such as China and India. Based on application, passenger cars are expected hold a dominant position in terms of revenue contribution throughoutthe forecast period followed by commercial vehicles segments respectively .This can be ascribedto rising disposable income levels across emerging economies which has led OEMs focus on developmentof fuel efficient & advanced technology vehicles that offer better driving experience To cater this need ,gear selector switches are being increasingly adopted in these vehicle types .
Product Definition:
An automotive gear selector switch is a component of an automobile that selects which gear the car will be in. There are typically three or four different gears that a car can be in, and the gear selector switch allows the driver to choose which one they want. The importance of this switch is that it allows the driver to control how fast or slow their car goes, which is important for safety and for getting where they need to go.
4-Speed Car Type:
4-speed car type is a manual transmission system that allows the driver to select any of the following speeds: low, medium, high and extra high. The 4-speed car type was initially designed for economy cars but has since found its way into sports cars as well. The gear selection is done using a grip shift system in which each gear is selected by pressing and holding one of the buttons on it’s respective shifter.
3-Speed Car Type:
3-speed car type is a mechanical device that controls the speed of an internal combustion engine. It does so by changing the ratio between three gears. The most common types are 3-speed automatic and 3-speed manual transmission systems used in vehicles such as cars, trucks, motorcycles, bicycles and others.
The automotive gear selector switch market is driven by factors such as rising demand for fuel efficient vehicles with improved performance and shifting consumer preference towards electric vehicles (EV).
Application Insights:
The passenger cars segment dominated the global automotive gear selector switch market in 2017 and is expected to maintain its lead over the forecast period. The growing demand for vehicles with higher performance and efficiency has resulted in an increased number of consumers opting for such vehicles. This, in turn, is likely to fuel product demand during the forecast period.
Commercial vehicle application segment was valued at USD 1,000.0 million in 2017 owing to increasing utilization of commercial vehicles across various industries including mining and construction among others.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand from developing as well as developed countries such as India, China, Japan, South Korea and Australia. Developed markets are shifting towards electric vehicles while developing nations are focusing on improving infrastructure facilities to support higher penetration of EVs.
The growing automotive industry across Asia Pacific is anticipated to boost product demand in this region over the forecast period. Furthermore, rising disposable income levels coupled with a rise in consumer awareness about road safety is likely to propel regional growth during the forecast years 2018-2030 periods. Europe was estimated at USD X million in 2017 and it will expand at a CAGR of XX% from 2018 to 2030 owing to stringent emission norms laid down by various regulatory bodies such as EEA (European Economic Area), UEMOA (Unioneuropea) and EU (European Union).
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive gear selector switches
- Growing popularity of automatic transmission vehicles
- Stringent government regulations for safety and emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Gear Selector Switch Market Research Report
By Type
4-Speed Car Type, 3-Speed Car Type, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Panasonic Automotive & Industrial Systems (Japan), Toyo Denso (Japan), U-SHIN (Japan), Panasonic Automotive & Industrial Systems (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Gear Selector Switch Market Report Segments:
The global Automotive Gear Selector Switch market is segmented on the basis of:
Types
4-Speed Car Type, 3-Speed Car Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic Automotive & Industrial Systems (Japan)
- Toyo Denso (Japan)
- U-SHIN (Japan)
- Panasonic Automotive & Industrial Systems (Japan)
Highlights of The Automotive Gear Selector Switch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4-Speed Car Type
- 3-Speed Car Type
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Gear Selector Switch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Automotive Gear Selector Switch is a switch that allows the driver to manually select between different gears in their vehicle.
Some of the major players in the automotive gear selector switch market are Panasonic Automotive & Industrial Systems (Japan), Toyo Denso (Japan), U-SHIN (Japan), Panasonic Automotive & Industrial Systems (Japan).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Gear Selector Switch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Gear Selector Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Gear Selector Switch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Gear Selector Switch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Gear Selector Switch Market Size & Forecast, 2018-2028
4.5.1 Automotive Gear Selector Switch Market Size and Y-o-Y Growth
4.5.2 Automotive Gear Selector Switch Market Absolute $ Opportunity
Chapter 5 Global Automotive Gear Selector Switch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Gear Selector Switch Market Size Forecast by Type
5.2.1 4-Speed Car Type
5.2.2 3-Speed Car Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Gear Selector Switch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Gear Selector Switch Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Gear Selector Switch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Gear Selector Switch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Gear Selector Switch Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Gear Selector Switch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Gear Selector Switch Market Size Forecast by Type
9.6.1 4-Speed Car Type
9.6.2 3-Speed Car Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Gear Selector Switch Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Gear Selector Switch Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Gear Selector Switch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Gear Selector Switch Market Size Forecast by Type
10.6.1 4-Speed Car Type
10.6.2 3-Speed Car Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Gear Selector Switch Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Gear Selector Switch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Gear Selector Switch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Gear Selector Switch Market Size Forecast by Type
11.6.1 4-Speed Car Type
11.6.2 3-Speed Car Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Gear Selector Switch Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Gear Selector Switch Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Gear Selector Switch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Gear Selector Switch Market Size Forecast by Type
12.6.1 4-Speed Car Type
12.6.2 3-Speed Car Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Gear Selector Switch Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Gear Selector Switch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Gear Selector Switch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Gear Selector Switch Market Size Forecast by Type
13.6.1 4-Speed Car Type
13.6.2 3-Speed Car Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Gear Selector Switch Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Gear Selector Switch Market: Competitive Dashboard
14.2 Global Automotive Gear Selector Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic Automotive & Industrial Systems (Japan)
14.3.2 Toyo Denso (Japan)
14.3.3 U-SHIN (Japan)
14.3.4 Panasonic Automotive & Industrial Systems (Japan)
