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.
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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.
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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.
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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