The COVID-19 pandemic has caused supply and manufacturing disruptions in the Automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.
This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.
The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.
Automotive Power Window Switch Market: Market Outlook
Automotive vehicles are getting more technological advanced and intensive to meet the growing demands of customers and regulatory requirements. In automotive engineering, the advent of electronic and electrical engineering and with the use of these fields of study in conjunction with mechanical engineering have led to a significant increase in the use of mechatronics. Therefore, automotive power window switch controls the upward and downward movements of the window motor and operates with the regulator inside the vehicle door panel. Depending on the switch, it may control only one window, else it could be a combination switches that allows to control multiple windows (only on the driver side, commonly).
“The continuous rise in popularity of these gesture recognition system is identified as one of the key trends that will stimulate growth in the automotive power window switch market during the projected period. Even, luxury cars already have introduced features such as touch-free, voice activated window switch”
Earlier (in 2008), the U.S. government made the regulations related to automakers to install safety components to improve child safety. Although, rules do not prevent all potential injuries to a finger, hand, or even a child's head, if someone purposely holds the switch when the window is closing. Eventually, the U.S. automotive safety administration un-certainly decided against requiring all vehicles to have automatic reversing power windows if they observe an obstacle while closing the car window. Projected requirements concern automatic (single touch up) power window systems, but most vehicles with this property already have automatic moving of window. Therefore, the federal government made an agreement that all automotive manufacturers should make the switches for lever (as opposed to the toggle and rocker switches) standard on all new vehicles by October 2010.
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Automotive Power Window Switch Market: Dynamics
The substantial demand for safety systems in the automotive industry is primary to the increased adoption of safety switches and sensors. Seamless operations and growing consumer preferences towards power windows have led to automotive manufacturers offering advanced safety feature in their vehicle. The growing demand for commercial vehicles and passenger cars is contributing to the development of the global automotive power window switches market
Automotive Power Window Switch Market: Region-Wise Trend
The Asia-Pacific region, despite slow growth in the Chinese market is expected to lead the automotive power window switch market in the future. Europe and North America are projected to observe strong growth over the forecast period, owing to the prevailing regulations relation to safety standards. The U.S. and Germany are expected to lead the growth in these regions, individually. However, bad economic conditions, owing to commodity price and currency crash, are likely to keep the automotive power window switch market in South America restrained. Peru and Argentina are predicted to witness a substantial growth in the forecast period, owing to the projected economic recovery.
Automotive Power Window Switch Market: Segmentation
On the basis on switch type, the Automotive Power Window Switch Market can be segmented into:
- Rocker Switches
- Toggle Switches
- Push pull Switches
On the basis on sales channel, the Automotive Power Window Switch Market can be segmented into:
- Aftermarket
- OEM
On the basis of vehicle type, the Automotive Power Window Switch Market can be segmented into:
- Passenger Car (Automotive Power Window Switch)
- LCV (Automotive Power Window Switch)
- HCV (Automotive Power Window Switch)
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Automotive Power Window Switch Market: Market Participants
The global market of Automotive Power Window Switch market used for various application is comparatively fragmented and manufacturers see the potential to increase the pace of the growth by the way of product launches and sales through new channels. Some of the market manufacturers identified in the Automotive Power Window Switch market across the globe are:
- Aptiv PLC (Delphi)
- Guangzhou Yaopei Auto Parts Co.,Ltd
- LS Automotive India Pvt. Ltd.
- Changzhou Globaltone Int'l Trade Co. Ltd
- Jiangxi Yeero Industrial Co. Ltd.
- NK Minda Group
- Robert Bosch GmbH
- Omron Corporation
- Tokia Rika Co. Ltd.
- Valeo S.A.
- Wenzhou Start Co. Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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We leave no stone unturned to give clients an exhaustive coverage of the industry.Persistence Market Research’s proactive approach identifies early innovation opportunities for clients in the global automotive sector. Our insights on next-generation automotive technologies such as connected cars, automotive emissions control, vehicle-to-vehicle (V2V), autonomous cars, electric and hybrid vehicles, and augmented reality dashboards ensure clients stay at the forefront of innovation.
Our reports strive to offer superior quality reports based on authentic and accurate findings.
Customer Satisfaction
We aim to ensure that our client’s research needs are met with customized, top-of-the-line solutions.
Unmatched Expertise
Our analysts and consultants are among the best in their field and promise to deliver excellent market intelligence.
360-degree Analysis
We leave no stone unturned to give clients an exhaustive coverage of the industry.Persistence Market Research’s proactive approach identifies early innovation opportunities for clients in the global automotive sector. Our insights on next-generation automotive technologies such as connected cars, automotive emissions control, vehicle-to-vehicle (V2V), autonomous cars, electric and hybrid vehicles, and augmented reality dashboards ensure clients stay at the forefront of innovation.
Our competencies go beyond regular market research to deliver tailored solutions in an industry marked with increasing environment regulations, evolving consumer preferences, and a shifting landscape of emerging markets.
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- Shifting Industry dynamics
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