Market Overview:
The global automotive switch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, the increasing demand for luxury and premium cars is also contributing to the growth of this market. The global automotive switch market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into button type switches, touch type switches, and knob type switches. On the basis of application, it can be classified into indicator system switches, electronic system switches HVAC (heating ventilation air conditioning) Switches EMS (electronic module system) Switches among others. Region-wise, it can be segmented into North America,, Latin America,, Europe,, Asia Pacific ,and Middle East & Africa .
Product Definition:
A switch is a device that can be used to turn something on or off. An automotive switch is a type of switch that is specifically designed for use in vehicles.
Button Type:
The global button type market size was valued at USD 2.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its increasing usage in automotive switches. The industry is driven by growing demand for advanced technologies such as touch screen, voice recognition, and smart card among others from various end-use industries such as healthcare & IT, consumer electronics & retail sectors.
Upswing in the number of vehicles with integrated systems including GPS navigation system.
Touch Type:
The touch type is the most commonly used input device for a vehicle. It helps in controlling all the systems of a vehicle through simple touch screens and also provides additional features such as music control, phone book access, and satellite radio. The switch market has witnessed significant growth over the past few years owing to its increasing demand in various applications such as infotainment system, body electronics & safety systems and powertrain control system.
Application Insights:
Indicator system switches dominated the overall application segment with a share of over 40.0% in 2017. These switches indicate the status of various functions such as door ajar, engine turned off, and battery low to alert the driver about the condition of vehicle components. The growing popularity and demand for these advanced switch systems among major automotive manufacturers is expected to drive industry growth over the forecast period.
EMS (Electronic Module Switches) are used in several applications including airbag deployment, headlamps activation/deactivation, fuel supply switching.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing production of vehicles in China, India, Japan, and South Korea. Moreover, rising disposable income levels coupled with a growing population will drive demand for passenger cars and light commercial vehicles across this region.
The European market was valued at USD X billion in 2017 owing to high demand from countries such as Germany and France that witness heavy traffic every day.
North America is projected to grow at a CAGR of XX% from 2018 to 2030 due an increase in R&D activities by major companies along with technological advancements pertaining switch technology itself For instance; In May 2018; Continental AG received U.
Growth Factors:
- Increasing demand for electric vehicles: The automotive switch market is expected to grow at a significant rate owing to the increasing demand for electric vehicles. This is because electric vehicles require more number of switches as compared to traditional gasoline-powered cars.
- Rising demand from Asia Pacific: Asia Pacific is expected to be the fastest-growing region in the automotive switch market during the forecast period. This can be attributed to the rising disposable income and growing population in countries such as China and India.
- Growing popularity of autonomous cars: Autonomous or self-driving cars are equipped with a large number of switches, which is driving the growth of the automotive switch market. These cars use various sensors and cameras that need switches for activation and control purposes, thereby fueling its growth prospects over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Switch Market Research Report
By Type
Button Type, Touch Type, Knob Type
By Application
Indicator System Switches, Electronic System Switches, HVAC Swiches, EMS Switches
By Companies
Alps Alpine, Bosch, Continental, Hella, Omron Corporation, Tokai Rika, Panasonic, ZF, Minda Corporation, Valeo, Marquardt, Kostal, Toyodenso
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Switch Market Report Segments:
The global Automotive Switch market is segmented on the basis of:
Types
Button Type, Touch Type, Knob 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
Indicator System Switches, Electronic System Switches, HVAC Swiches, EMS Switches
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:
- Alps Alpine
- Bosch
- Continental
- Hella
- Omron Corporation
- Tokai Rika
- Panasonic
- ZF
- Minda Corporation
- Valeo
- Marquardt
- Kostal
- Toyodenso
Highlights of The Automotive 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:
- Button Type
- Touch Type
- Knob Type
- By Application:
- Indicator System Switches
- Electronic System Switches
- HVAC Swiches
- EMS Switches
- 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 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?
Automotive switch is a type of electrical switch that is used in automobiles. Automotive switches are typically mounted on the dashboard or center console, and allow drivers to control various functions of their vehicles, such as the headlights and engine.
Some of the major players in the automotive switch market are Alps Alpine, Bosch, Continental, Hella, Omron Corporation, Tokai Rika, Panasonic, ZF, Minda Corporation, Valeo, Marquardt, Kostal, Toyodenso.
The automotive switch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive 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 Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive 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 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 Switch Market Size & Forecast, 2020-2028
4.5.1 Automotive Switch Market Size and Y-o-Y Growth
4.5.2 Automotive 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 Touch Type
5.2.3 Knob 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 Indicator System Switches
6.2.2 Electronic System Switches
6.2.3 HVAC Swiches
6.2.4 EMS Switches
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive 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 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 Touch Type
9.6.3 Knob 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 Indicator System Switches
9.10.2 Electronic System Switches
9.10.3 HVAC Swiches
9.10.4 EMS Switches
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 Touch Type
10.6.3 Knob 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 Indicator System Switches
10.10.2 Electronic System Switches
10.10.3 HVAC Swiches
10.10.4 EMS Switches
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 Touch Type
11.6.3 Knob 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 Indicator System Switches
11.10.2 Electronic System Switches
11.10.3 HVAC Swiches
11.10.4 EMS Switches
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 Touch Type
12.6.3 Knob 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 Indicator System Switches
12.10.2 Electronic System Switches
12.10.3 HVAC Swiches
12.10.4 EMS Switches
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 Touch Type
13.6.3 Knob 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 Indicator System Switches
13.10.2 Electronic System Switches
13.10.3 HVAC Swiches
13.10.4 EMS Switches
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 Switch Market: Competitive Dashboard
14.2 Global Automotive Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alps Alpine
14.3.2 Bosch
14.3.3 Continental
14.3.4 Hella
14.3.5 Omron Corporation
14.3.6 Tokai Rika
14.3.7 Panasonic
14.3.8 ZF
14.3.9 Minda Corporation
14.3.10 Valeo
14.3.11 Marquardt
14.3.12 Kostal
14.3.13 Toyodenso
