Reports
Global Automotive Switches Market: By Product Type: Knob, Button, Touchpad, Others; By Application: Indicator System Switches, Electronic System Switches, HVAC, EMS Switches, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Automotive Switches Market Outlook
The global automotive switches market reached a value of USD 5.9 billion in 2020. The market is expected to grow at a CAGR of 3.5% in the forecast period of 2023-2028.
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The Asia Pacific to Dominate the Market for Automotive Switches
The Asia Pacific is the leading regional market for automotive switches and is expected to retain its position in the forecast years. The market growth in the region can be attributed to the large population base, which is growing at a fast pace and the rising disposable income of the people. The presence of a robust manufacturing sector in the region is also expected to provide a further impetus to the market growth. The presence of a rapidly growing automotive industry in China, along with the growing production of low-cost switches in the country because of the cost-efficient manufacturing industry, is further supporting the market growth of automotive switches in the region. The market in North America is also anticipated to grow significantly due to the presence of many key players and the high per capita income of the people in the region.
Automotive Switches: Market Segmentation
Automotive switches are used to control diverse variables in the automobile, such as temperature, seating angles, and power mirrors, without the need for the driver to take eyes off the road. The automotive switches are convenient to use and can offer many services at the fingertips. They can be in the form of a pushbutton, a knob, or a keypad.
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On the basis of product type, industry is segmented into the following:
- Knob
- Button
- Touchpad
- Others
Based on application, the market is classified into:
- Indicator System Switches
- Electronic System Switches
- HVAC
- EMS Switches
- Others
The major regional markets for automotive switches can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Usage of Electronics in Automobiles Boosting the Growth of the Automotive Switches Industry
The electronics and software content in automotives are increasing continuously and are replacing the traditional mechanical hardware, which has been boosting the growth of the automotive switches industry. Governments, globally, have also been favouring the inclusion of more automatic control of various systems in automotives to reduce the distraction of drivers and minimise the chances of an accident. Moreover, consumers have been increasingly demanding more convenient control options in their automobiles, which is contributing to the demand growth in the industry. The advancements in technology and innovative breakthroughs have further allowed for the inclusion of wider options of smart electronic systems in different automotive models, thus, further supporting the market growth of automotive switches. The automobile industry has been robustly growing around the globe with the increasing usage of commercial and passenger vehicles. This is further accelerating the demand for automotive switches.
Key Industry Players in the Global Automotive Switches Market
The report gives a detailed analysis of the following key players in the global automotive switches market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions and investments, expansions of capacity, and plant turnarounds:
- Continental AG
- ZF Friedrichshafen AG
- OMRON Corporation
- Minda Industries Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region |
| Breakup by Product Type | Knob, Button, Touchpad, Others |
| Breakup by Application | Indicator System Switches, Electronic System Switches, HVAC, EMS Switches, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Continental AG, ZF Friedrichshafen AG, OMRON Corporation, Minda Industries Limited, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Switches Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Switches Historical Market (2018-2022)
8.3 Global Automotive Switches Market Forecast (2023-2028)
8.4 Global Automotive Switches Market by Product Type
8.4.1 Knob
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Button
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Touchpad
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Automotive Switches Market by Application
8.5.1 Indicator System Switches
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Electronic System Switches
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 HVAC
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 EMS Switches
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Automotive Switches Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Automotive Switches Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automotive Switches Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Switches Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Switches Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Switches Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Continental AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 ZF Friedrichshafen AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 OMRON Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Minda Industries Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Switches Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Switches Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Automotive Switches Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Automotive Switches Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Automotive Switches Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Automotive Switches Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Automotive Switches Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Automotive Switches Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Automotive Switches Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Automotive Switches Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Automotive Switches Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Automotive Switches Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Automotive Switches Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Automotive Switches Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Automotive Switches Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Automotive Switches Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Automotive Switches Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Automotive Switches Market Structure
Key Questions Answered in the Report
In 2020, the global automotive switches market attained a value of nearly USD 5.9 billion.
The market is projected to grow at a CAGR of 3.5% between 2021 and 2026.
The major industry drivers include rising demand for convenient control options in automobiles, advancements in technology, and innovative breakthroughs.
The key trends in the market are rising electronics and software content in automotive, which are increasing continuously and are replacing the traditional mechanical hardware.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the largest share in the market.
The product types include knob, button, and touchpad, among others.
Indicator system switches is the dominant application segment in the industry.
The major players in the industry are Continental AG, ZF Friedrichshafen AG, OMRON Corporation, and Minda Industries Limited, among others.
Analyst Review
The global automotive switches market attained a value of USD 5.9 billion in 2020, driven by the rising demand for convenient control options in automobiles. Aided by the electronics and software content in automotives, the market is expected to grow at a CAGR of 3.5% in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The product types include knob, button, and touchpad, among others. Based on applications, the automotive switches industry can be segmented into indicator system switches, electronic system switches, HVAC, EMS switches, among others, with indicator system switches accounting for the largest market share. The major regional markets for automotive switches are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include Continental AG, ZF Friedrichshafen AG, OMRON Corporation, and Minda Industries Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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