"Market Intelligence for High-Geared Performance"

Steering Wheel Switches Market Size, Share & Industry Analysis, By Type (Push, Seesaw), By Vehicle Type (Passenger Cars, Commercial Vehicles) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102244 | Status : Ongoing

 

KEY MARKET INSIGHTS

The several OEMs are deploying enhanced features in the vehicles to increase the comfort and safety of the driver. Road safety has been an important factor owing to rising road fatalities in accidents. The steering wheel switches reduces the risk of the driver’s distraction by enabling the driver to concentrate on the road. Furthermore, technological advancements in the steering wheel switches are likely to propel the growth of the Steering Wheel Switches market. Many manufacturers have developed steering wheel switches with a limited number of buttons with optimized ergonomics, and this has also increased safety. The increasing comfort solutions in the vehicles are also expected to accelerate the performance and development of the Steering Wheel Switches.


Up Arrow

Key Market Driver -

The increasing adoption of automation is expected to drive the growth of the market

Down Arrow

Key Market Restraint -

The replaceable cost of the steering wheel switches is higher, and this factor is expected to hamper the growth of the market.


The rising adoption of automation in the vehicles is also expected to drive the growth of the automotive steering wheel market over the forecast period. The rapid vehicle automation has led to an increase in demand for electronic components. This factor is also likely to propel the growth of the Steering Wheel Switches market. The replaceable cost of the steering wheel switches is higher and even the slow adoption of these switches in the mid-level segment is expected to restrain the growth of the Steering Wheel Switches market over the forecast period.

Market Segmentation:        


The global Steering Wheel Switches market has been segmented into type, vehicle type, and region. By type, the global Steering Wheel Switches market is segmented into the push and seesaw. The push-type switch segment is expected to show exponential growth in the market over the forecast period. These switches are majorly used in volume control and radio control. The seesaw switch type segment is also expected to show good growth in the market over the forecast period. By vehicle type, further, the market has been segmented into passenger cars and commercial vehicles. The passenger car segment is expected to dominate the market over the forecast period owing to the rise in the adoption of the automation in the passenger cars. The commercial vehicle segment is expected to show steady growth in the market over the forecast period.

Key Players Covered in the Steering Wheel Switches Market:


Some of the major companies that are present in the Steering Wheel Switches market include Preh GmbH, Valeo, ZF Friedrichshafen AG, TOKAI RIKA, CO, LTD., ALPS ALPINE CO., LTD., Leopold Kostal GmbH & Co. KG, Panasonic Corporation, among others.

Key Insights



  • New Advancements in Steering Wheel Switches

  • Number of Products, Key Countries, 2018

  • New Product Launches, Key Players


Regional Analysis:



Geographically, the Steering Wheel Switches market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia-Pacific is expected to dominate the market over the forecast period. The propelling growth of automotive manufacturing industries in this region is expected to drive the market for the Steering Wheel Switches. North America is likely to show good growth in the Steering Wheel Switches market over the forecast period. The rise in road safety awareness in this region among the consumers is expected to drive the market. Europe is also expected to show good growth in the Steering Wheel Switches market over the forecast period.

Segmentation






















 ATTRIBUTE


 DETAILS


By Type



  • Push

  • Seesaw



By Vehicle Type



  • Passenger Cars

  • Commercial Vehicles



By Region



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



Key Industry Developments:



  • November 2019: ZF Friedrichshafen AG went under a strategic partnership with Danfoss Silicon Power GmbH for the silicon-carbide and silicon power modules. This will help both the companies to commercial and technical competitiveness of the inverters and also to enhance the efficiency of the electric drivelines with an interface between power modules and inverters.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Automotive & Transportation Clients
Toshiba
GM
Bosch
KIA
Hyundai
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X