Market Overview:
The global passenger vehicle switch 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 vehicles across the globe. In addition, technological advancements in switches are also contributing to the growth of this market. The global passenger vehicle switch market is segmented on the basis of type, application and region. On the basis of type, it is divided into button type, touch type and knob type switches. The button type segment dominates this market owing to its low cost and easy installation process as compared to other types of switches available in this market. On the basis of application, it is classified into indicator system switches, electronic system switches HVAC Switches EMS Switches . Among these segments, indicator systemswitches hold a major share in terms of revenue contribution followed by electronic systemswitches .
Product Definition:
A passenger vehicle switch is a device used to control the power windows, power locks, and other features in a car. It is usually located on the center console between the front seats. The passenger vehicle switch allows the driver and passengers to control these features without having to get out of their seats.
Button Type:
The global button type market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Touch Type:
The touch type is used in passenger vehicle switches for turning on/off the air conditioner, opening windows, and controlling audio devices. It helps in operating various electronic gadgets with ease. The market size of touch type is expected to witness significant growth over the forecast period owing to its increasing demand across passenger vehicles industry.
Increasing demand for advanced technologies such as gesture control and voice recognition has led to an increase in research activities related to human-machine interface (HMI).
Application Insights:
Indicator system switches dominated the global passenger vehicle switch market, accounting for a revenue share of over 40.0% in 2017. These switches are used to indicate the status of various functions such as door lock, windows and sunroofs, fuel cap and tire inflation systems among others. The indicator lights help drivers to understand the nature of problems in these systems without having them repaired or inspected visually which helps avoid potential accidents during repair activities at night or while parked on dark roadsides.
Electronic system switches are expected to witness significant growth over the forecast period owing to their increasing use in commercial vehicles including trucks and buses among other forms of public transport such as trams and metros across regions like North America Europe Asia Pacific Latin America Middle East & Africa. These electronic systemswitches have an integrated circuit that monitors various vehicle parameters like battery voltage temperature etc., when activated it sends a signal through an electric wire that operates mechanical equipment like opening/closing doors HVAC etc.
Regional Analysis:
Asia Pacific dominated the global passenger vehicle switch market in 2017. The region is expected to continue its dominance over the next eight years. This can be attributed to increasing sales of vehicles in countries, such as China and India. Furthermore, rising disposable income coupled with a growing population will also help boost demand for automobiles in developing economies of Asia Pacific region during the forecast period.
The European market held a significant share of about 27% owing to high demand from Germany and U.K., which are some of the major markets present across Europe for passenger cars and commercial vehicles respectively In addition, presence of key automobile manufacturers including Volkswagen AG; BMW Group; Mercedes-Benz AG Daimler AG; Fiat Chrysler Automobiles N.V.; Ford Motor Company; Opel General Motors Co., Ltd.
Growth Factors:
- Increasing demand for passenger vehicles in developing countries
- Rising disposable income of the middle-class population
- Proliferation of online car booking platforms
- Introduction of new and advanced technologies in the automotive industry
- Growing popularity of shared mobility services
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle 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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Switch Market Report Segments:
The global Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle 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?
Passenger Vehicle Switch is a safety feature that allows you to safely switch between the driver and passenger seats in your vehicle.
Some of the key players operating in the passenger vehicle switch market are Alps Alpine, Bosch, Continental, Hella, Omron Corporation, Tokai Rika, Panasonic, ZF, Minda Corporation, Valeo, Marquardt, Kostal, Toyodenso.
The passenger vehicle 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 Passenger Vehicle 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 Passenger Vehicle Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Switch Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle Switch Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Switch Market Absolute $ Opportunity
Chapter 5 Global Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle 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 Passenger Vehicle 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 Passenger Vehicle Switch Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Vehicle 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 Passenger Vehicle Switch 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 Passenger Vehicle Switch 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) Passenger Vehicle Switch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Vehicle 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) Passenger Vehicle Switch 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) Passenger Vehicle Switch 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 Passenger Vehicle Switch Market: Competitive Dashboard
14.2 Global Passenger Vehicle 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
