Transparency Market Research has published a new report, according to which, the increasing demand for infotainment systems in vehicles will be a key factor in driving the global automotive integrated control switch market. Also, rising concerns about automotive safety among end-users is expected to drive the automotive integrated control switch market during the forecast period i.e., 2018-2026. Increasing demand for premium, high-end and mid-end vehicles incorporated with advanced driver assist systems is also expected to boost the demand for automotive integrated control switch systems.
Automotive switches are an important part of electronic components of the vehicle, which are used to operate several functions in a vehicle. Recent developments and technological advancements in automotive electronics are expected to propel the demand for automotive integrated control switches during the forecast period.
In terms of geographical perspective, the global automotive integrated control switch market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Among these, Asia pacific is projected to hold a prominent share of the global automotive integrated control switch market. Countries in the region such as China, Japan, and India are leading manufacturing hubs for automotive components. Furthermore, key players operating in the automotive integrated control switch market are more likely to focus on the market in Asia Pacific owing low cost labor and government support for FDI, which in turn is expected to fuel the automotive integrated control switch market in the region.
Major players operating in the global automotive integrated control switch market are included in this report to give a better competitive landscape and these are Continental AG, Panasonic Corporation, ZF Friedrichshafen AG, Delphi Technologies, Robert Bosch GmbH, and Honeywell, Inc.
To know more about each segment of the automotive integrated control switch market and the overall market outlook, click here.
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