Global automotive switches market to grow at a CAGR of 3.02% during the period 2017-2021.
The latest trend gaining momentum in the market is the increasing demand for Illuminated automotive switches. The demand for illumination switches is increasing because of their compactness and miniaturization.
According to the report, one of the major drivers for this market is the high demand for switches from automakers. The demand for safety systems is rising in the automotive industry, resulting in the increased adoption of safety sensors and switches.
Further, the report states that one of the major factors hindering the growth of this market is the increasing introduction of gesture recognition system. The introduction of sensor-based systems such as automotive gesture recognition systems is gaining popularity in the automotive industry.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Delphi Automotive
- Robert Bosch
Other Prominent Vendors
- Global Market Group
- Honeywell International
- ZF Friedrichshafen
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market by Application
Part 07: Market Segmentation by Vehicle Type
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/88lfnh/global_automotive?w=4