The Europe Automotive Switches Market would witness market growth of 6.6% CAGR during the forecast period (2021-2027). The automatic switches work according to the response delivered by various sensors. These switches are mostly installed in premium passenger cars and various high-end automotive.
In the situation when the light switch is set on auto, the headlamps automatically get turned on as per the low ambient light conditions, for instance, when the car passes through a tunnel sunset, or at the time rain or snow. In the same way, automatic switches improve the comfort of driving an automotive by assisting in attaining the auto-dimming mirror action possible.
In the case of auto or self-dimming mirror technology, a front-looking sensor detects low direct surrounding light from headlights at the back of the car and directs the rear-view sensor to ensure the glare. The mirrors dim automatically according to the sharpness of the glare, and they clean up automatically when the glare is not identified by the sensors. This technology is very much useful during night travels to avoid any road accidents. The manufacturers of luxury car manufacturers like BMW, Audi, Ford, Mercedes, Jaguar, Land Rover, and others, furnish their cars with various automatic automotive switches to improve the driving experience & security of the passengers. Thus, the growing demand for automotive switches is projected to fuel the growth of the market during the forecast period.
The Germany market dominated the Europe Heavy Commercial Vehicles Automotive Switches Market by Country 2020, thereby, achieving a market value of $756.2 million by 2027. The UK market is experiencing a CAGR of 7.4% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 9% during (2021 - 2027).
Based on Type, the market is segmented into HVAC Switches, Steering Wheel Switches, Ignition Switches, Multi-purpose Switches, Door & Window Switches, Seat Control Switches, Overhead Console Switches and Others. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles. Based on Sales Channel, the market is segmented into Original Equipment Manufacturers and Aftermarket. Based on Design, the market is segmented into Push Switches, Rotary Switches, Toggle Switches, Rocker Switches and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Switches Market Size will Hit $43.3 Billion by 2027, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Continental AG, Alps Alpine Co., Ltd., Panasonic Corporation, ZF Friedrichshafen AG, Valeo SA, Johnson Electric Holdings Limited, HELLA GmbH & Co. KGaA, C&K Components, Inc. (Sun European Partners, LLP), and Toyodenso Co., Ltd.
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