Automotive Steering Wheel Switch Market is Projected to Expand at a Steady CAGR over the Forecast by 2027


Posted June 3, 2020 by prernakhattri123

Automotive Steering Wheel Switch Market by Cover (Split and Modular) and Application (Passenger Vehicles and Commercial Vehicles) - Global Opportunity Analysis and Industry Forecast, 2020-2027

 
Automotive steering is gaining popularity in passenger cars globally, especially in the commercial vehicle space among emerging economies. This feature is prevalent in high-end vehicles, where the efficiency of fuel is not of prime concern. An automotive steering wheel switch reduces the risk of driver distraction and develops a configurable control on the steering wheel.
The global automotive steering wheel switch market is driven by rise in usage of automatic steering wheel for road safety concerns, increase in adoption of automation, and rise in standard of living leading to increase the purchasing power of consumer in terms of advanced vehicles. Moreover, rapid technological advancements in the automotive industry fuel the growth. However, slow adoption of automation may hinder the growth of the global automotive steering wheel switch market.

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The global automotive steering wheel switch market is segmented based on cover, application, and geography. The cover segment is bifurcated into split and modular. The applications studied in this report are passenger vehicles and commercial vehicles. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, Australia, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa, and rest of LAMEA).
Key players profiled in the report are ZF (Germany) , Delphi (UK), Max Orman Toyota (Australia), Alps (Japan), Tokai Rika (Japan), Valeo (France), Panasonic (Japan), Leopold Kostal (Germany), TOYODENSO (Japan), and Marquardt (Germany).

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Key Benefits
• This study provides an in-depth analysis of the global automatic steering wheel switch market, in terms of value, to elucidate the imminent investment pockets.
• A detailed impact analysis of the current trends, regional market, and future estimations are outlined to single out profitable areas.
• In addition, key drivers, restraints, and opportunities through 20172023 are explained to identify the prevailing market opportunities.
• Porters Five Forces analysis highlights the potency of suppliers & buyers in the competitive market to facilitate efficient business planning.
Automotive Steering Wheel Switch Market Segments:
By Cover
• Split
• Modular
By Application
• Passenger Vehicles
• Commercial Vehicles
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Taiwan
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Turkey
o Saudi Arabia
o South Africa
o Rest of LAMEA
Key Players In The Value Chain:
• ZF (Germany)
• Delphi (UK)
• Max Orman Toyota (Australia)
• Alps (Japan)
• Tokai Rika (Japan)
• Valeo (France)
• Panasonic (Japan)
• Leopold Kostal (Germany)
• TOYODENSO (Japan)
• Marquardt (Germany)

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Issued By prerna khattri
Business Address pune
Office 102-D&E, Building A-3
Country India
Categories Automotive
Tags automotive steering wheel switch market , automotive steering wheel switch market demand , automotive steering wheel switch market forecast , automotive steering wheel switch market growth , automotive steering wheel switch market key players , automotive steering wheel switch market share , automotive steering wheel switch market trends , automotive steering wheel switch marketsize
Last Updated June 3, 2020