Electrical And Electronics Manufacturing

Global Automotive Switch Market Size, Forecasts, And Opportunities – Includes Ignition Switches, HVAC Switches

Learn about the global automotive switch market through The Business Research Company, which provides information on automotive switch market size, automotive switch market drivers and restraints, automotive switch market players, the COVID-19 impact on the automotive switch market, and more.

 

The global automotive switch market size is expected to grow from $18.02 billion in 2021 to $19.17 billion in 2022 at a compound annual growth rate (CAGR) of 6.38%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive switches market size is expected to reach $26.71 billion in 2026 at a CAGR of 8.64%.

The increasing adoption of electric vehicles globally is expected to propel the growth of the automotive switch market.

 

Request A Sample For The Global Automotive Switch Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5784&type=smp

 

 

The automotive switch market consists of sales of automotive switches by entities (organizations, sole traders, and partnerships) that are used to establish or disconnect electrical connections between the power source and the on-board power supply. Automotive switches are used in vehicles for a large number of switching tasks, in various designs and uses for safety and comfort.

 

Global Automotive Switch Market Segments Include:

By Type: Ignition Switches, HVAC Switches, Steering Wheel Switches, Window Switches, Overhead Console Switches, Seat Control Switches, Door Switches, Hazard Switches, Multi-Purpose Switches, Others

By Design: Rocket Switches, Rotary Switches, Toggle Switches, Push Switches

By Vehicle: PCV, LCV, HCV, Two Wheelers

By Application: Indicator System Switches, HVAC, EMS Switches, Electronic System Switches, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the automotive switch market in 2021 and is also expected to be the fastest-growing region during the forecast period.

 

Technological advancements in fingerprint automotive start are a key trend gaining popularity in the automotive switch market. Major companies operating in the automotive switch sector are focused on developing new technological solutions to strengthen their position.

 

TBRC’s Automotive Switch Market Report Covers:

Major Market Players: ZF Friedrichshafen AG, Johnson Electric Holdings Limited, Leopold Kostal GmbH & Co. Kg, Marquardt GmbH, Preh GmbH, Valeo, and Robert Bosch.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Automotive Switch Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive switch market overviews, analyzes and forecasts market size, share, automotive switch market players, automotive switch market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive switch market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is a List Of Similar Reports From The Business Research Company:

Automotive Heat Shield Global Market Report 2022

Automotive Micro Motor Global Market Report 2022

Automotive Repair And Maintenance Global Market Report 2022

 

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

 

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