Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Automotive Switch Market worth $7.5 billion by 2026 – Exclusive Report by MarketsandMarkets™

Published

on

 

According to the new market research report Automotive Switch Market By Type (Knob, Lever, Button, Touchpad & Others), Switch Application (HVAC, Indicator, Electronic, Engine Management, Power Windows, Ignition, Multi-purpose & Others), Vehicle Type and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Automotive Switches Market is projected to grow at a CAGR of 3.8% from 2021 to 2026, and the market size is expected to grow from USD 6.2 billion in 2021 to USD 7.5 billion by 2026.

Growing popularity of premium vehicles with advanced systems such as power windows, front & rear AC conditioning, EMS systems etc. is expected to significantly boost Automotive Switches Market. Trends towards lightweight vehicle parts is also expected to propel Automotive Switches Market.

Browse in-depth TOC on “Automotive Switches Market”

188 – Tables
42 – Figures
156 – Pages

Advertisement

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236022802

Air conditioner temperature switch is the fastest growing market by application

Increase in superior cabin experience has propelled to ever-increasing the growth of the AC lines market. Today, almost all the vehicles that are manufactured are equipped with an air conditioning system. Thus, there is tough competition between automakers to provide enhanced comfort. This competition has increased pressure on OEMs to deliver technologically advanced automotive air conditioning systems. Also, the increasing popularity of premium vehicles, has driven the adoption of rear AC system. Thus, the increasing demand for rear air conditioning has also driven the growth of air conditioner temperature switch is expected to grow further in coming years.

PC is the largest market for automotive switches, by vehicle type

The passenger car segment is estimated to hold the largest market share of the Automotive Switches Market during the forecast period. The growing PC production in countries such as ChinaIndiaBrazil is driving Automotive Switches Market. Growing Installation of systems such as infotainment display, power windows are driving market for touchpad, and buttons. Thus, considering the above-mentioned factors, the PC Automotive Switches Market is expected to get a significant boost in the forecast period.

Advertisement

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=236022802

Asia Pacific is estimated to be the largest geographical segment of the Automotive Switches Market

The Asia-Oceania region comprises of countries such as ChinaIndia, and Japan. The region is dominated by developing countries such as India and China, where the automotive industry is growing at a faster pace. Increasing number of vehicle manufacturing facilities due to low cost of production in developing countries, increasing production capacity, and growing demand for light and heavy vehicles is driving the market for automotive switches in these countries. At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for cabin comfort and luxury and enhanced the demand for better air conditioning systems, driving Automotive Switches Market. Thus, the market for Automotive Switches Market in the region is expected to grow significantly in the coming years.

The Automotive Switches Market is dominated by global players and comprises several regional players as well. The key players in the Automotive Switches Market are Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG(Germany), Alps Alpine Co., Ltd. (Japan), Panasonic Corporation (Japan).

Browse Related Reports:

Advertisement

Automotive Interior Market by Component (Seat, Interior Lighting), Material (Glass Composite, Carbon Composite, Metal, Vinyl, Fabric), Autonomous Driving (Semi-autonomous, Autonomous), Electric Vehicle, Vehicle Type and Region – Global Forecast to 2025

Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting and Region – Global Forecast to 2025

Blockchain

Bybit Receives Georgian VASP License, Strengthening Global Regulatory Presence

Published

on

bybit-receives-georgian-vasp-license,-strengthening-global-regulatory-presence
Continue Reading

Blockchain

Accredited Solutions, Inc. Announces Strategic Acquisition of GlobeTopper, a $37M Revenue Platform Acquisition to Anchor Fintech Strategy

Published

on

Continue Reading

Blockchain

DIGZAX Enhances Collaborative Security System, Pioneering New Heights in Cryptocurrency Trading

Published

on

digzax-enhances-collaborative-security-system,-pioneering-new-heights-in-cryptocurrency-trading

DIGZAX

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE