Automotive switch market is poised for stellar growth on the back of burgeoning production and sales of new, technologically advanced vehicles in the coming years. Automakers are adopting automotive switches to support new integrated functionalities in their vehicle makes. These switches are used to support vehicular features like telematics, Bluetooth, driver assistance technologies, and infotainment systems.

Integration of automotive switches to incorporate several functionalities in modern automobiles will positively impact industry growth. Automotive switches are typically used for the implementation of several features, such as telematics, Bluetooth, driver assistance technology and infotainment systems into vehicles.

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Increasing inclination towards electric vehicles may also support business scenario. The drive train electrification in electric vehicle requires a broad range of switches, sensors, microcontrollers, and other power electronics. Moreover, mounting demand for LCVs and HVCs that utilize a multitude of automotive switches to offer enhanced functionalities, will fuel product penetration over the coming years. Automotive switch market is forecast to cross the USD 16 billion mark by 2026.

Improving disposable income among people in emerging countries across Asia Pacific will expand regional opportunities in automotive switch industry over the period of study. Reportedly, APAC automotive switch market is expected to showcase notable CAGR of 4% through 2026.

Developments in the automobile sector owing to product innovations will support the industry dynamics. With an aim to enhance passenger-vehicle safety, countries like China, India and Japan are recording increased use of ADAS and other safety systems. Additionally, there increasing adoption of electric vehicles in the region owing to stringent regulations by the government to reduce carbon emission levels and adequate awareness among the people.  

Due to the presence of multiple electronic systems, more automotive switches are required as compared to conventional vehicles. With respect to application, engine management system segment will lead automotive switch industry share in the near future. This is mainly due to the wide use of switches used in the engines to control various vehicle functions like oil pressure gauge, reversing light, coolant temperature gauge, parking sensors, brake light, and door lights.

EMS switches carry the ability to resist extreme temperatures and provide accurate sensitivity. In the year 2019, engine management system switches accounted for more than 15% of the total automotive switches consumption. The global share will witness robust growth in the coming years due to innovations in automobiles as well as the need for innovative engine systems and in-vehicle features

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Partial Chapter of the Table of Content

Chapter 4   Automotive Switch Market, By Vehicle

4.1   Key trends, by vehicle type

4.2   PCV

4.2.1   Automotive Switch Market estimates and forecast, 2015-2026

4.2.2   Market estimates and forecast, by product 2015 – 2026

4.3   LCV

4.3.1   Market estimates and forecast, 2015-2026

4.3.2   Market estimates and forecast, by product 2015 – 2026

4.4   HCV

4.4.1   Market estimates and forecast, 2015-2026

4.4.2   Market estimates and forecast, by product 2015 – 2026

4.4.3   Market estimates and forecast, by end-use 2015 – 2026

4.5   Two wheelers

4.5.1   Market estimates and forecast, 2015-2026

4.5.2   Market estimates and forecast, by product 2015 – 2026

Chapter 5   Automotive Switch Market, By Product

5.1   Key trends, by product

5.2   Push-button switches

5.2.1   Market estimates and forecast, 2015-2026

5.3   Rocker switches

5.3.1   Market estimates and forecast, 2015-2026

5.4   Rotary switches

5.4.1   Market estimates and forecast, 2015-2026

5.5   Toggle switches

5.5.1   Automotive Switch Market estimates and forecast, 2015-2026

5.6   Multi-function switches

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