Market Overview:
The global steering column switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The passenger car segment is expected to be the largest contributor to the global market, with a market share of 72.39% in 2018. The OEM application segment is expected to be the largest contributor, with a market share of 73.14% in 2018.
Product Definition:
The steering column switches are important because they allow the driver to control various components of the car. These include things such as turning on the headlights, adjusting the seat, and changing gears.
Passenger Car:
Passenger cars are designed for transporting passengers and are used as a common transport vehicle by the people. They can be categorized into two types: light commercial vehicles (LCV) and heavy commercial vehicles (HCV). LCVs include pickup trucks, minivans, SUV’s, sedans, and station wagons; while HCVs include buses, coaches & vans.
Commercial Car:
Commercial cars are designed for transporting passengers and goods. They have a wide body, four wheels, and an engine that is used to transport people or goods from one place to another. The steering column is the backbone of any car as it helps in maintaining its balance while driving at high speeds on roads.
Application Insights:
OEM steering column switches are used in vehicles that are newly manufactured while aftermarket products can be installed in existing vehicles. The OEM segment dominated the global market with a revenue share of 80.0% in 2018 and is expected to witness significant growth over the forecast period owing to extensive product distribution network by various automotive manufacturers globally. Moreover, steering column switches for cars and commercial cars are same but different from each other as they have different requirements; hence, this factor is anticipated to increase demand for customized solutions which will positively affect industry growth over the next eight years.
The passenger car segment accounted for 72.39% of the overall revenue share in 2018 on account of high product demand from major markets including U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2018 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for automobiles on account of rapid urbanization, rising disposable income, and changing lifestyle. This has resulted in growing sales of passenger cars across countries such as China, India, Japan among others. Moreover, favorable government regulations aimed at promoting electric vehicles are anticipated to drive growth over the next eight years.
Europe accounted for a significant share in terms of revenue owing to high demand from key markets including Germany and U.K., which are majorly driven by safety requirements associated with steering column switches installed in commercial vehicles along with their after-sales services offered by companies such as HARTMANN AG & Co., KHD Automotive GmbH & Co., Steertech Group SIA and ZF Friedrichshafen AG & Co.
Growth Factors:
- Increasing demand for luxury cars
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in steering column switches market
- Growing trend of customization in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Steering Column Switches Market Research Report
By Type
Passenger Car, Commercial Car, Other, Passenger Car is the largest segment with a market share of 72.39% in 2018.
By Application
OEM, After Market
By Companies
Leopold Kostal, Valeo, Tokai Rika, TOYODENSO, LS Automotive, Guihang Automotive, Merit, UNO MINDA, Changjiang Automobile, Elobau
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 Steering Column Switches Market Report Segments:
The global Steering Column Switches market is segmented on the basis of:
Types
Passenger Car, Commercial Car, Other, Passenger Car is the largest segment with a market share of 72.39% in 2018.
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
OEM, After Market
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:
- Leopold Kostal
- Valeo
- Tokai Rika
- TOYODENSO
- LS Automotive
- Guihang Automotive
- Merit
- UNO MINDA
- Changjiang Automobile
- Elobau
Highlights of The Steering Column Switches 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:
- Passenger Car
- Commercial Car
- Other
- Passenger Car is the largest segment with a market share of 72.39% in 2018.
- By Application:
- OEM
- After Market
- 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 Steering Column Switches 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?
A steering column switch is a device that allows the driver to change the direction of the vehicle without having to use their hands. The switch is located on the steering wheel and can be activated by pressing it with your thumb.
Some of the major companies in the steering column switches market are Leopold Kostal, Valeo, Tokai Rika, TOYODENSO, LS Automotive, Guihang Automotive, Merit, UNO MINDA, Changjiang Automobile, Elobau.
The steering column switches market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steering Column Switches Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steering Column Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steering Column Switches Market - Supply Chain
4.5. Global Steering Column Switches Market Forecast
4.5.1. Steering Column Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steering Column Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steering Column Switches Market Absolute $ Opportunity
5. Global Steering Column Switches Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steering Column Switches Market Size and Volume Forecast by Type
5.3.1. Passenger Car
5.3.2. Commercial Car
5.3.3. Other
5.3.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steering Column Switches Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steering Column Switches Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. After Market
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steering Column Switches Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steering Column Switches Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steering Column Switches Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steering Column Switches Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steering Column Switches Demand Share Forecast, 2019-2026
9. North America Steering Column Switches Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steering Column Switches Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steering Column Switches Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. After Market
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steering Column Switches Market Size and Volume Forecast by Type
9.7.1. Passenger Car
9.7.2. Commercial Car
9.7.3. Other
9.7.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steering Column Switches Demand Share Forecast, 2019-2026
10. Latin America Steering Column Switches Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steering Column Switches Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steering Column Switches Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. After Market
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steering Column Switches Market Size and Volume Forecast by Type
10.7.1. Passenger Car
10.7.2. Commercial Car
10.7.3. Other
10.7.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steering Column Switches Demand Share Forecast, 2019-2026
11. Europe Steering Column Switches Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steering Column Switches Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steering Column Switches Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. After Market
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steering Column Switches Market Size and Volume Forecast by Type
11.7.1. Passenger Car
11.7.2. Commercial Car
11.7.3. Other
11.7.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steering Column Switches Demand Share, 2019-2026
12. Asia Pacific Steering Column Switches Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steering Column Switches Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steering Column Switches Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. After Market
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steering Column Switches Market Size and Volume Forecast by Type
12.7.1. Passenger Car
12.7.2. Commercial Car
12.7.3. Other
12.7.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steering Column Switches Demand Share, 2019-2026
13. Middle East & Africa Steering Column Switches Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steering Column Switches Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steering Column Switches Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. After Market
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steering Column Switches Market Size and Volume Forecast by Type
13.7.1. Passenger Car
13.7.2. Commercial Car
13.7.3. Other
13.7.4. Passenger Car is the largest segment with a market share of 72.39% in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steering Column Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steering Column Switches Market: Market Share Analysis
14.2. Steering Column Switches Distributors and Customers
14.3. Steering Column Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Leopold Kostal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Valeo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tokai Rika
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TOYODENSO
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LS Automotive
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guihang Automotive
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Merit
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. UNO MINDA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Changjiang Automobile
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Elobau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook