Market Overview:
The global automotive selector lever market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be valued at US$ 3,521.4 Mn by 2030 end. In terms of type, the global automotive selector lever market has been segmented into mono stable levers, mechatronic levers and miniaturized levers. Of these, the mechatronic levers segment is expected to account for a leading share in terms of revenue over the forecast period. This can be attributed primarily to increasing demand for vehicles with advanced features such as electric power steering and automatic transmission systems across regions worldwide.
Product Definition:
The automotive selector lever is a component in an automobile that allows the driver to change gears. The lever is located on the floor of the car between the driver's seat and the brake pedal. It typically has four or five positions, which allow for forward, reverse, neutral, and high and low gear settings. The importance of the selector lever lies in its ability to enable drivers to smoothly change gears while driving, which helps maintain control of the car and prevents it from stalling out.
Mono Stable Levers:
Mono stable levers are used in automotive selectors to operate the front and rear doors of a vehicle. They are also used in some other applications such as power window, seat belt and fuel door actuators. The product is manufactured using materials such as stainless steel, aluminum alloy and carbon fiber which increases its durability along with reducing the overall weight of the lever significantly.
Mechatronic Levers:
The mechatronic lever is a part of the mechatronics system which includes electrical and mechanical components. The main function of this component is to change the working position from one setting to another by using a small movement. It can be seen that there are two types of levers, namely hydraulic and pneumatic/mechanical levers. These levers are widely used in automotive sector for selecting any gear by using firstly selected gear as a starting point.
Application Insights:
The passenger vehicles segment dominated the global automotive selector lever market in 2017 and is expected to maintain its dominance over the forecast period. The increasing number of advanced features, such as Bluetooth connectivity, voice-operated command system, and touch screen display are driving the demand for these devices in passenger cars.
Automotive selector levers are used to operate multiple functions on a vehicle's door including opening/closing windows and sunroofs or air conditioners. They also have several other uses such as operating central locking systems or igniting engine start/stop systems. Increasing safety concerns among consumers are propelling the demand for technologically advanced car components that enhance overall vehicle safety features without taking up additional space on dashboards. This trend is expected to drive product demand over the forecast period.
Commercial vehicles include trucks, buses, coaches etc.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers, such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation and Hyundai Mobis, among others; has resulted in high product demand across this region. Asia Pacific is also home to several emerging players who are focusing on developing advanced driver-assistance systems (ADAS) for passenger cars and commercial vehicles.
North America held a significant share of the overall revenue in 2017 owing to growing adoption of these levers by U.S.-based automakers including Tesla Inc.; Ford Motors Company; General Motors Company; Nissan North America Inc.; Mazda Motor Corp.; among others for their electric vehicle (EV) production lines across this region.
Growth Factors:
- Increasing demand for automobiles: The global automotive market is expected to grow at a CAGR of 4.5% from 2016 to 2020, reaching a value of .7 trillion by 2020. This growth is primarily attributed to the increasing demand for automobiles in developing countries, such as China and India.
- Rising disposable income: The rise in disposable income has led to an increase in the number of luxury car buyers, thereby driving the market for automotive selector levers.
- Technological advancements: With technological advancements, automakers are offering vehicles with advanced features that require sophisticated selector levers systems. This is driving the demand for automotive selector levers globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Selector Lever Market Research Report
By Type
Mono Stable Levers, Mechatronic Levers, Miniaturized Levers
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Tokai Rika, Fuji Kiko, Kongsberg Automotive, ZF Steering Gear, Aisin Seiki, Ficosa International, CIE Automotive, Mahindra Sona, BMW Automobiles, TVS Motor Company, Tokai Rika, Sapura Group of Companies, Audi, Astra Automotive, SL Corporation, Xian Sanming, Ford Motor Company, Jaguar Land Rover, Zunhua Jinyang Automobile Part
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Selector Lever Market Report Segments:
The global Automotive Selector Lever market is segmented on the basis of:
Types
Mono Stable Levers, Mechatronic Levers, Miniaturized Levers
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 Vehicles, 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:
- Tokai Rika
- Fuji Kiko
- Kongsberg Automotive
- ZF Steering Gear
- Aisin Seiki
- Ficosa International
- CIE Automotive
- Mahindra Sona
- BMW Automobiles
- TVS Motor Company
- Tokai Rika
- Sapura Group of Companies
- Audi
- Astra Automotive
- SL Corporation
- Xian Sanming
- Ford Motor Company
- Jaguar Land Rover
- Zunhua Jinyang Automobile Part
Highlights of The Automotive Selector Lever 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:
- Mono Stable Levers
- Mechatronic Levers
- Miniaturized Levers
- By Application:
- Passenger Vehicles
- 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 Selector Lever 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.
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- Correctly Positioning New Products
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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 Selector Lever is a component of the automatic transmission in automobiles. It allows the driver to select between two gear ratios, or "speeds."
Some of the major companies in the automotive selector lever market are Tokai Rika, Fuji Kiko, Kongsberg Automotive, ZF Steering Gear, Aisin Seiki, Ficosa International, CIE Automotive, Mahindra Sona, BMW Automobiles, TVS Motor Company, Tokai Rika, Sapura Group of Companies, Audi, Astra Automotive, SL Corporation, Xian Sanming, Ford Motor Company, Jaguar Land Rover, Zunhua Jinyang Automobile Part.
The automotive selector lever market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Selector Lever 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 Selector Lever Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Selector Lever 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 Selector Lever 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 Selector Lever Market Size & Forecast, 2020-2028
4.5.1 Automotive Selector Lever Market Size and Y-o-Y Growth
4.5.2 Automotive Selector Lever 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 Mono Stable Levers
5.2.2 Mechatronic Levers
5.2.3 Miniaturized Levers
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 Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Selector Lever 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 Selector Lever 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 Mono Stable Levers
9.6.2 Mechatronic Levers
9.6.3 Miniaturized Levers
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 Vehicles
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 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 Mono Stable Levers
10.6.2 Mechatronic Levers
10.6.3 Miniaturized Levers
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 Vehicles
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 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 Mono Stable Levers
11.6.2 Mechatronic Levers
11.6.3 Miniaturized Levers
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 Vehicles
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 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 Mono Stable Levers
12.6.2 Mechatronic Levers
12.6.3 Miniaturized Levers
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 Vehicles
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) 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 Mono Stable Levers
13.6.2 Mechatronic Levers
13.6.3 Miniaturized Levers
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 Vehicles
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 Selector Lever Market: Competitive Dashboard
14.2 Global Automotive Selector Lever Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tokai Rika
14.3.2 Fuji Kiko
14.3.3 Kongsberg Automotive
14.3.4 ZF Steering Gear
14.3.5 Aisin Seiki
14.3.6 Ficosa International
14.3.7 CIE Automotive
14.3.8 Mahindra Sona
14.3.9 BMW Automobiles
14.3.10 TVS Motor Company
14.3.11 Tokai Rika
14.3.12 Sapura Group of Companies
14.3.13 Audi
14.3.14 Astra Automotive
14.3.15 SL Corporation
14.3.16 Xian Sanming
14.3.17 Ford Motor Company
14.3.18 Jaguar Land Rover
14.3.19 Zunhua Jinyang Automobile Part
