Automotive
Switches are one of the primary components in an automotive.
Switches control the overall electrical equipments fitted in an
automotive. Automotive switches are vital in controlling the
automotive lighting and overall functioning of an automotive.
Switches are also used in engine start and stop function and in
different vehicle operations. Different categories of switches are
used for various functioning of automotives which includes toggle
switches, push and pull switches, keyed switches and marine grade
switches among others. The demand of automotive switches are rising
globally due to technological upgradation and increasing consumption
expenditure. There are two types of automotive switches which
includes water resistant switches and non-water resistant switches.
Water resistant automotive switches are gaining importance especially
in the two wheeler segment due to open nature of two wheeler vehicles
which remain exposed to extreme atmospheric conditions. Durability of
the switches, reliability and easy operation are the key factors on
which the quality of the switches depends. Switches can be both
manual and automatic. Manual switches required user interference and
is used in various kinds of automotives such as passenger cars, light
commercial vehicles (LCV) and heavy commercial vehicles (HCV).
Automatic switches do not require user intervention and operates
automatically according to the response send by the engine sensors.
Automatic switches are used in premium segment passenger cars and
other high end automotives.
Asia-Pacific is the
most attractive region for automotive switches market. There is a
significant increase in demand for automotives in the Asia-pacific
region which is driving the market for automotive switches. The
adoption of latest technology is another driver, driving the
automotive switches market in this region. The escalating demand in
LCV and HCV vehicles is also driving the growth of automotive
switches market due to low cost of production. Presence of developing
countries like India and China are also boosting the demand for
automotive switches as there is a huge demand for automotives in
these countries. The North America and Europe market for automotive
switches is expected to grow at a steady pace over the forecast
period. The North America automotive switches are expected to grow at
a higher rate during the forecast period as compared to the Europe
market. The reason for this is the recent economic meltdown which
significantly affected the economic stability of Europe market. North
America automotive market is driven by comfort and luxury. There is a
huge demand for luxury automotives which drives the market for
automotive switches in North America. Automatic switches are more in
demand than manual switches in the North America market. Easy
availability of credit facilities to prospective automotive buyers
also acts as a driver which drives the automotive switches market in
this region. Presence of premium automotive manufacturers such as
Mercedes, Audi, Volkswagen and BMW is driving the automotive switches
market in Europe. Europe market faced steep challenge in the recent
economic meltdown and is recovering at a steady pace which has also
increased the demand for automotive switches significantly.
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Report Copy :
Global key
participants in the industry include Ark-Les Connectors, D&R
Technology, LLC, Diamond Electric Manufacturing Corporation,
E-Switch, Inc, Honeywell, Inc, TRW Automotive U.S. LLC and Micro
Technologies.
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