Market Overview:
The global body control modules market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising trend of electrification and automation across different applications. The global body control modules market is segmented on the basis of type, application, and region. On the basis of type, it is divided into CAN body control modules and LIN body control modules. The CAN body control module segment dominates the global market with a share of more than 60%. This can be attributed to its high adoption in passenger cars as well as commercial vehicles owing to its advantages such as high speed data transmission, superior noise immunity, etc.
Product Definition:
Body Control Modules are used to manage the body's electrical and hydraulic systems. They monitor and control vital functions such as steering, braking, acceleration, and climate control.
CAN Body Control Modules:
The global CAN Body Control Modules, it's usage and growth factor in Body Control Modules market size was valued at USD 0.8 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
LIN Body Control Modules:
LIN Body Control Modules are a family of high-performance, low-power interface devices that provide reliable and cost-effective solutions for controlling machines and equipment. LIN Body Control Modules are used in various applications such as machine tools, robotics, material handling systems, assembly lines; etc. The market for LIN Body Control Module is expected to witness growth over the forecast period owing to its wide range of applicability in several industrial sectors.
Application Insights:
Passenger cars accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger vehicles in developing countries such as India and China on account of increasing disposable income levels coupled with rising per capita ownership rates will have a positive impact on industry growth. Furthermore, stringent government regulations regarding reduction in vehicular emissions will further boost industry growth over the coming years.
The light commercial vehicle (LCV) segment is estimated to witness significant growth during the forecast period owing to increased industrialization, urbanization and construction activities in emerging economies including Brazil, Indonesia, Malaysia and Thailand among others which are projected to emerge as lucrative markets for this vehicle type by 2030.
Regional Analysis:
Europe dominated the global body control modules market in terms of revenue share in 2016. The presence of stringent regulations and mandates, such as eCall for vehicles with a GVWR greater than 3.5 tons, are some major factors contributing to the growth of this regional market. North America is expected to grow at a significant rate over the forecast period owing to technological advancements and increasing demand for advanced safety systems in commercial vehicles and passenger cars alike.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This is primarily owing to the increasing environmental concerns and stringent emission norms across the world. Body control modules play an important role in electric vehicles as they help in managing various functions such as powertrain, braking, and steering.
- Rising demand for luxury cars: The global luxury car market is expected to grow at a CAGR of more than 7% during the forecast period. This can be attributed to the increasing disposable income of consumers coupled with changing lifestyle trends. Body control modules are essential components in luxury cars as they help manage various functions such as climate control, audio system, navigation system, etc., which enhances the driving experience for consumers.
- Growing automotive electronics industry: The global automotive electronics industry is projected to grow at a CAGR of more than 9% during the forecast period due to rising consumer demand for advanced features in automobiles such as safety systems, infotainment systems, advanced driver assistance systems (ADAS), etc.. Body control modules form an integral part of these systems and are thus expected to witness high growth rates over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Body Control Modules Market Research Report
By Type
CAN Body Control Modules, LIN Body Control Modules
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Delphi Automotive, Continental, Hella, ZF Friedrichshafen, Bosch, Omron, Denso, Lear Corporation, Toyota, Ford, Delphi Automotive, Atech Automotive, Beijing Hyundai, Texas Instruments, NXP, Infineon Technologies, Diodes Incorporated, Fujitsu, Panasonic
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Body Control Modules Market Report Segments:
The global Body Control Modules market is segmented on the basis of:
Types
CAN Body Control Modules, LIN Body Control Modules
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, Light Commercial Vehicles, Heavy 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:
- Delphi Automotive
- Continental
- Hella
- ZF Friedrichshafen
- Bosch
- Omron
- Denso
- Lear Corporation
- Toyota
- Ford
- Delphi Automotive
- Atech Automotive
- Beijing Hyundai
- Texas Instruments
- NXP
- Infineon Technologies
- Diodes Incorporated
- Fujitsu
- Panasonic
Highlights of The Body Control Modules 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:
- CAN Body Control Modules
- LIN Body Control Modules
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy 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 Body Control Modules 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
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- Consumer Insights
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- Product & Brand Management
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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?
Body Control Modules (BCMs) are a type of prosthetic device that allow people with paralysis to control their body movements. BCMs can be attached to the skin on the user's chest or abdomen, and use sensors to detect when the user is moving their arms or legs. The BCM then sends electrical signals to muscles in the user's body, allowing them to move their limbs as if they were normal.
Some of the major players in the body control modules market are Delphi Automotive, Continental, Hella, ZF Friedrichshafen, Bosch, Omron, Denso, Lear Corporation, Toyota, Ford, Delphi Automotive, Atech Automotive, Beijing Hyundai, Texas Instruments, NXP, Infineon Technologies, Diodes Incorporated, Fujitsu, Panasonic.
The body control modules 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 Body Control Modules 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 Body Control Modules Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Body Control Modules 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 Body Control Modules 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 Body Control Modules Market Size & Forecast, 2020-2028
4.5.1 Body Control Modules Market Size and Y-o-Y Growth
4.5.2 Body Control Modules 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 CAN Body Control Modules
5.2.2 LIN Body Control Modules
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 Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Body Control Modules 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 Body Control Modules 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 CAN Body Control Modules
9.6.2 LIN Body Control Modules
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 Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy 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 CAN Body Control Modules
10.6.2 LIN Body Control Modules
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 Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy 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 CAN Body Control Modules
11.6.2 LIN Body Control Modules
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 Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy 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 CAN Body Control Modules
12.6.2 LIN Body Control Modules
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 Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy 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 CAN Body Control Modules
13.6.2 LIN Body Control Modules
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 Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy 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 Body Control Modules Market: Competitive Dashboard
14.2 Global Body Control Modules Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delphi Automotive
14.3.2 Continental
14.3.3 Hella
14.3.4 ZF Friedrichshafen
14.3.5 Bosch
14.3.6 Omron
14.3.7 Denso
14.3.8 Lear Corporation
14.3.9 Toyota
14.3.10 Ford
14.3.11 Delphi Automotive
14.3.12 Atech Automotive
14.3.13 Beijing Hyundai
14.3.14 Texas Instruments
14.3.15 NXP
14.3.16 Infineon Technologies
14.3.17 Diodes Incorporated
14.3.18 Fujitsu
14.3.19 Panasonic
