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(Transportation-News.com, August 14, 2018 ) Market Overview:-
Global Steering Wheel Switches Market will cross 500 million units by 2024. Various applications including infotainment, ADAS, and onboard computer are enhancing the number of switches to be deployed on steering wheels. Rising number of functions in vehicles will result in increased production of these switches, primarily driving the industry growth over the forecast timeline.
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Steering wheel switches market from OEMs is anticipated to capture maximum revenue share, accounting for over USD 3 billion by the end of 2024. Substantial automobile production will primarily contribute to the revenue generation. Increasing disposable income across the globe has resulted in high demand for customization of various vehicle functions. This has further propelled the industry growth over the past years. Technological advancements have led to increased number of buttons to operate multiple functions, impacting the industry positively.
Top Key Players:-
The key players of global Steering Wheel Switches Market are Valeo, ALPS, Panasonic Automotive, Delphi, DAsESUNG, Tokai Rika, COBO International, Marquardt, Littlefuse, Vimercati, Aptiv, and Fangxiang.
Regional Segmentations:-
Europe steering wheel switches market share is expected to hold a significant share crossing USD 1 billion till 2024. Presence of established automobile OEMs along with stringent regulations across the region for driver safety enhancement will support the industry growth.
Asia pacific will account for highest volume share owing to high production of automobile along with shifting consumer preference towards premium cars.
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Major Points of Table Of Content:-
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope, definition and forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Steering wheel switches industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Vehicle trends
2.1.3. Product trends
2.1.4. Distribution channel trends
2.1.5. Regional trends
Chapter 3. Steering Wheel Switches Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material supplier
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.3.1. OEM
3.3.3.2. Aftermarket
3.3.4. Vendor matrix
3.4. Technology landscape
3.5. Pricing analysis
3.5.1. Regional pricing
3.5.1.1. North America
3.5.1.2. EU
3.5.1.3. APAC
3.5.1.4. LATAM
3.5.1.5. MEA
3.5.2. Cost structure analysis
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.6.3. China
3.7. Industry impact forces
3.7.1. Growth drivers, by region
3.7.1.1. NA
3.7.1.2. EU
3.7.1.3. APAC
3.7.1.4. LATAM
3.7.1.5. MEA
3.7.2. Industry pitfalls & challenges
3.8. Innovation and sustainability
3.9. Growth potential analysis
3.10. Porter's analysis
3.11. Competitive landscape, 2016
3.11.1. Company market share analysis, 2016
3.11.2. Strategy dashboard
3.12. PESTEL analysis
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Passenger cars will grow significantly, witnessing a CAGR of 4% from 2017 to 2024. Incorporation of more applications in vehicles coupled with rising consumer interest for sports and premium cars will primarily contribute to the high revenue generation. LCV will exhibit considerable revenue share owing to its rising penetration in developing countries. This demand is credited to increased domestic transportation across the globe.
Global Market Insights, Inc.
Arun Hegde
1-888-689-0688
sales@gminsights.com
Source: EmailWire.Com 
Source: EmailWire.com
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