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Global Automotive Switches Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global Automotive Switches Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global Automotive Switches Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 13 Jan 2020
  • Report ID: Auto&T 003
  • Pages:165
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The Automotive Switches market is anticipated to grow with a CAGR of 9.6% over the forecast period of 2019-2028. The automotive switches are user-friendly technology, which helps the user to control a lot of functions in an automotive. Literally, all the features including temperature settings, wipers, music system, etc. can be handled using automotive switches. Therefore, these switches are widely in demand to create fully automatic vehicles leading to innovations in automation. The growing demand for convenient automobiles, increasing demand for switches, and their installation are expected to be primary factors anticipating the market growth.

Top Driver: Rising Demand for Automotive Switches for Convenient Automobiles to Anticipate the Market Growth

The Automotive Switches could be used to manage quite a handful of features at the same time on the driver’s seat. These switches convert sophisticated functions of the vehicle easier to control and be more convenient for the user. These switches also help the user to focus while handling an automotive which in turn helps to reduce the chances of an accident. Therefore, all these features increase the demand for automotive switches that in turn contribute to the market growth.

Also, the rising adoption of new technology and the durability of these switches are some more supportive factors that fuel the market growth extensively.

The Button Switches Segment Occupied the Largest Market Share  

Based on the type, the Automotive Switches market is segmented into button switches, touchpads, knob, lever, and others. The buttons segment occupied the largest market share owing to its easy use and availability for installation in commercial vehicles. Although the introduction of touchpad switches have been penetrating the market rapidly, their installation is still rare in common commercial vehicles. Based on application the market is segmented into HVAC, electronic system switches, indicator system switches, and others. 

Asia Pacific to Observe Huge Growth in the Forecast Period Due Rising Demand for Luxury Vehicles in the Region

The Asia Pacific is expected to hold the largest market share in the automotive switches market due to the presence of various automobile industries in regions such as Japan, China, and South Korea. These industries are widely producing highly convenient luxury cars that operate on switches starting from the ignition. Therefore, the automotive switches are in growing demand in the region. Furthermore, the North American region is expected to hold the second-largest market share owing to rising technological innovations done by the key players in the region. The European region is expected to grow at a high CAGR as various key players present in regions including Germany and the UK are looking forward to expanding the business to strengthen their position in the market.

Players to Focus on Adoption of Technological Advancements to Improve Automotives 

The global Automotive Switches market is expected to grow with a significant CAGR due to presence of various companies including Panasonic Corporation, Continental Group, TRW Automotive, Delphi Automotive PLC., Robert Bosch GmbH, Honeywell, Inc, Ark-Les Connectors, E-Switch, Inc, Micro Technologies and D&R Technology, LLC among others.

The major key players are expected to be focusing on the adoption of new technology to improve the automotive services market. The rising demand for mopeds or 2 wheelers is observed for the last few years. The key players are known to invest in the 2 wheelers market owing to their rising demand that ultimately favors the automotive switches market growth. New entrants could observe lucrative growth opportunities in the market.

Scope of the Report

By Type

  • Button
  • Touchpad
  • Knob
  • Lever
  • Others

By Application

  • HVAC
  • Electronic System Switches
  • Indicator system switches
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Automotive Carbon Wheel Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Automotive Carbon Wheel Market -Industry Snapshots

6.1             Overview

6.1.1          Global Automotive Carbon Wheel Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Automotive Carbon Wheel Market Analysis, by Material

7.1             Overview

7.2             Key Findings for Automotive Carbon Wheel Market- By Material

7.2.1          Automotive Carbon Wheel Market- Aluminum

7.2.2          Automotive Carbon Wheel Market- Steel wheels

7.2.3          Automotive Carbon Wheel Market- Magnesium

7.2.4          Automotive Carbon Wheel Market- Carbon fiber

Chapter 8           Global Automotive Carbon Wheel Market Analysis, by Product

8.1             Overview

8.2             Key Findings for Automotive Carbon Wheel Market- By Product

8.2.1          Automotive Carbon Wheel Market- Regular

8.2.2          Automotive Carbon Wheel Market- High Performance

Chapter 9           Global Automotive Carbon Wheel Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Automotive Carbon Wheel Market- By End User

9.2.1          Automotive Carbon Wheel Market- OEM

9.2.2          Automotive Carbon Wheel Market- Aftermarket

Chapter 10       Automotive Carbon Wheel Market Analysis by Region

10.1           Key Findings for Automotive Carbon Wheel Market- By region

10.2           Overview

10.2.1       Global Automotive Carbon Wheel Market Analysis, By Material, 2019 – 2028

10.2.2       Global Automotive Carbon Wheel Market Analysis, By Product, 2019 – 2028

10.2.3       Global Automotive Carbon Wheel Market Analysis, By End User, 2019 – 2028

10.3           Automotive Carbon Wheel Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Material

10.3.6       North America Market, By Product

10.3.7       North America Market, By End User

10.4           Automotive Carbon Wheel Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Material

10.4.8       Europe Market, By Product

10.4.9       Europe market by, End User

10.5           Automotive Carbon Wheel Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Material

10.5.7       Asia Pacific Market, By Product

10.5.8       Asia Pacific Market, By End User

10.6           Automotive Carbon Wheel Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Material

10.6.6       South America, Middle East and Africa Market, By Product

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Iochpe-Maxion

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Superior Industries International

12.3           Accuride Corporation

12.4           Steel Strips Wheels

12.5           Hitachi Metals

12.6           Enkei

12.7           Citic Dicastal

12.8           Zhejiang Wanfeng Auto Wheel

12.9           Borbet

12.10        Mangels Industrial

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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