Global steering wheel switches market trends are poised to foresee a massive momentum over 2019-2025. Proliferation of technically sound passenger vehicles across the globe is initiating the needs for steering wheel switches thereby augmenting the industry statistics over the period of time.  Further, the optimization in the aesthetic design of switches is supporting the size reduction of button. Several automakers are looking forward to offering low cost products in order to establish a successful customer rating and experience.

Growing customer demands for increased in-car facilities including the controls for playing music and handsfree talking over the phone have propelled the product demand leading to the increased business share over 2025. Moreover, high technological advancements in semiconductor technologies have prompted a reduction in the total cost of the automotive electronic components.

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The competitive scenario of steering wheel switches market has seen various biggies investing in latest manufacturing facilities in China and India to expand their geographical presence in the Asian countries. In this context, ZF Friedrichshafen AG, in early 2019 declared the expansion of its manufacturing plants in Pune, India pertaining to escalate the production of chassis and powertrain modules.

As per the product spectrum, steering wheel switches market is highly characterized by the push switches segment. This growth can be credited to the mounting product implementation in vehicles on the grounds of performing various applications.

The steering wheel switches are observing vivid applications in passenger vehicles, light commercial vehicle, and heavy commercial vehicles. Not to mention, the switches are gaining high prominence amidst the heavy commercial vehicles.

This predominance can be accounted to the mounting construction and infrastructure development activities thereby increasing the need for HCVs across the globe. Different automakers are creating advanced cabs for HCVs to augment the driver comfort and performance. This would lead to the HCV segment garnering substantial gains in the forthcoming years.

Considering the geographical standards, Europe is estimated to procure a significant stake in the overall steering wheel switches market and stand out as one of the largest recipients of the passenger vehicle market growth.

Significant presence of prominent automakers has fueled the business dynamics on a large scale. Catering to the expediting demands for advanced comfort and infotainment systems across Europe has allowed the companies to come up with innovative plans to develop luxury vehicles offering seamless experiences.

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Partial Chapter of the Table of Content

Chapter 4.   Steering Wheel Switches Market, By Vehicle (Revenue, Shipments)

4.1.  Key trends by vehicle

4.1.1. PCV

4.1.1.1.    Market estimates and forecast, 2013 - 2025

4.1.2. LCV

4.1.2.1.    Market estimates and forecast, 2013 - 2025

4.1.3. HCV

4.1.3.1.    Market estimates and forecast, 2013 – 2025

Chapter 5.   Steering Wheel Switches Market, By Product (Revenue, Shipments)

5.1.  Key trends by product  775.1.1. Push

5.1.1.1.    Market estimates and forecast, 2013 - 2025

5.1.2. See-saw

5.1.2.1.    Market estimates and forecast, 2013 - 2025

Chapter 6.   Steering Wheel Switches Market, By Distribution Channel (Revenue, Shipments)

6.1.  OEM

6.1.1. Market estimates and forecast, 2013 - 2025

6.2.  Aftermarket

6.2.1. Market estimates and forecast, 2013 - 2025

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