Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Automotive Locking Switch Market by Type (Button Type, Induction Type), By Application (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Automotive Locking Switch Market by Type (Button Type, Induction Type), By Application (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 304654 4200 Automobile & Transportation 377 250 Pages 4.8 (36)
                                          

Market Overview:


The global automotive locking 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 market growth can be attributed to the increasing demand for passenger vehicles, light commercial vehicles, and heavy commercial vehicles across the globe. The global automotive locking switch market has been segmented on the basis of type into button type and induction type. The button type segment is expected to account for a major share of the global automotive locking switch market during the forecast period. This can be attributed to its low cost as compared to induction type switches and easy installation process.


Global Automotive Locking Switch Industry Outlook


Product Definition:


An automotive locking switch is a device that is used to mechanically lock or unlock the doors of a motor vehicle. The purpose of an automotive locking switch is to provide security and convenience for the driver and passengers of the vehicle.


Button Type:


The global button type market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing demand in automotive locking switch industry. The growth can be attributed to the rising usage of these devices as they are easy & convenient to use, provide tactile feedback, and have a longer life span as compared with other switches available in the market today.


Induction Type:


Induction type is a locking switch which is used in automotive to start an engine or prevent the vehicle from moving. It works on the principle of electromagnetic induction, where a coil within the switch causes it to change state when activated by an electric current. The process of changing from “On” to “Off” and vice versa takes place through magnetic fields created by electricity.


Application Insights:


Passenger vehicle application segment accounted for the largest share of over 50.0% in 2017. The demand for passenger vehicles is generally higher in developed regions such as North America and Europe than in developing regions like Asia Pacific and Middle East & Africa. This trend is likely to continue during the forecast period, thus leading to increased penetration of automatics locking switches across the globe.


The light commercial vehicle application segment is expected to witness significant growth over the forecast period owing to increasing sales of trucks, buses.


Regional Analysis:


Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing sales of passenger cars and light commercial vehicles in countries such as China, India, Japan, South Korea, Thailand among others. Asia Pacific is also home to key automotive manufacturers such as Toyota Motor Corporation; Honda Motor Co., Ltd.; Suzuki Motor Corporation; Isuzu Motors Ltd.; Tata Motors Limited; Hyundai Mobis Inc.; Dongfeng Motor Corp. etc.


Growth Factors:


  • Increasing demand for automotive locking switches from the OEMs due to the increasing production of vehicles.
  • Growing demand for advanced security features in automobiles is fueling the growth of the global automotive locking switch market.
  • The increasing trend of vehicle electrification is also expected to fuel the growth of this market in near future.
  • Rising concerns over vehicle theft and safety are also propelling the demand for automotive locking switches globally.
  • Growing awareness about safety and security among consumers is also projected to boost the growth of this market in coming years

Scope Of The Report

Report Attributes

Report Details

Report Title

Automotive Locking Switch Market Research Report

By Type

Button Type, Induction Type

By Application

Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle

By Companies

Lear, Bosch, Denso, Delphi, Contentinal, Bangtianle, Omron, C&K, Panasonic, Marquardt, Lear, Würth Elektronik, Mitsumi Electric, ALPS, E-Switch, EAO, NKK Switches

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

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Automotive Locking Switch Market Report Segments:

The global Automotive Locking Switch market is segmented on the basis of:

Types

Button Type, Induction Type

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 Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle

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:

  1. Lear
  2. Bosch
  3. Denso
  4. Delphi
  5. Contentinal
  6. Bangtianle
  7. Omron
  8. C&K
  9. Panasonic
  10. Marquardt
  11. Lear
  12. Würth Elektronik
  13. Mitsumi Electric
  14. ALPS
  15. E-Switch
  16. EAO
  17. NKK Switches

Global Automotive Locking Switch Market Overview


Highlights of The Automotive Locking Switch Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Button Type
    2. Induction Type
  1. By Application:

    1. Passenger Vehicle
    2. Light Commercial Vehicle
    3. Heavy Commercial Vehicle
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Locking 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:

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Global Automotive Locking Switch Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An automotive locking switch is a device that allows the driver to lock their car or truck. This prevents unauthorized access while the vehicle is in motion.

Some of the key players operating in the automotive locking switch market are Lear, Bosch, Denso, Delphi, Contentinal, Bangtianle, Omron, C&K, Panasonic, Marquardt, Lear, W¼rth Elektronik, Mitsumi Electric, ALPS, E-Switch, EAO, NKK Switches.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Locking 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 Locking Switch Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Automotive Locking 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 Locking 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 Locking Switch Market Size & Forecast, 2020-2028       4.5.1 Automotive Locking Switch Market Size and Y-o-Y Growth       4.5.2 Automotive Locking Switch Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Button Type
      5.2.2 Induction Type
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Passenger Vehicle
      6.2.2 Light Commercial Vehicle
      6.2.3 Heavy Commercial Vehicle
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Automotive Locking 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 Locking 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Button Type
      9.6.2 Induction Type
   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  Market Size Forecast by Applications
      9.10.1 Passenger Vehicle
      9.10.2 Light Commercial Vehicle
      9.10.3 Heavy Commercial Vehicle
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Button Type
      10.6.2 Induction Type
   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  Market Size Forecast by Applications
      10.10.1 Passenger Vehicle
      10.10.2 Light Commercial Vehicle
      10.10.3 Heavy Commercial Vehicle
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Button Type
      11.6.2 Induction Type
   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  Market Size Forecast by Applications
      11.10.1 Passenger Vehicle
      11.10.2 Light Commercial Vehicle
      11.10.3 Heavy Commercial Vehicle
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Button Type
      12.6.2 Induction Type
   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  Market Size Forecast by Applications
      12.10.1 Passenger Vehicle
      12.10.2 Light Commercial Vehicle
      12.10.3 Heavy Commercial Vehicle
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Button Type
      13.6.2 Induction Type
   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)  Market Size Forecast by Applications
      13.10.1 Passenger Vehicle
      13.10.2 Light Commercial Vehicle
      13.10.3 Heavy Commercial Vehicle
   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 Locking Switch Market: Competitive Dashboard
   14.2 Global Automotive Locking Switch Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Lear
      14.3.2 Bosch
      14.3.3 Denso
      14.3.4 Delphi
      14.3.5 Contentinal
      14.3.6 Bangtianle
      14.3.7 Omron
      14.3.8 C&K
      14.3.9 Panasonic
      14.3.10 Marquardt
      14.3.11 Lear
      14.3.12 Würth Elektronik
      14.3.13 Mitsumi Electric
      14.3.14 ALPS
      14.3.15 E-Switch
      14.3.16 EAO
      14.3.17 NKK Switches

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