LONDON–(BUSINESS WIRE)–Dec 30, 2020–
Technavio estimates the global automotive body control module market to grow by USD 0.71 billion, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201230005370/en/
Technavio has announced its latest market research report titled Global Automotive Body Control Module Market 2020-2024 (Graphic: Business Wire)
The market is driven by the availability of multiple scalable BCMs for different vehicle categories. However, data security concerns might challenge growth.
Get a Free Sample Report Delivered Instantly to Know More
Automotive Body Control Module Market: Application Landscape
Based on the application, the market saw maximum growth in the passenger cars segment in 2019. The segment is driven by the increasing penetration of electronic components in vehicles and the rising awareness about vehicle safety. The market growth in the segment will be significant over the forecast period.
Automotive Body Control Module Market: Geography Landscape
62% of the market’s growth originated from APAC in 2019. Factors such as the rising stringency of emission regulations and safety standards and the increased adoption of advanced automotive technologies by vehicle manufacturers are driving the growth of the market in APAC.
China, Japan, and India are the key markets for automotive body control module in APAC.
Develop Smart Strategies for Your Business:Get a Free Sample Report Now!
Major Three Automotive Body Control Module Market Vendors:
Aptiv Plc
Aptiv Plc operates its business through the Advanced Safety and User Experience segment. The company offers body control module for automotive applications.
Continental AG
Continental AG operates its business through segments such as Chassis and Safety, Interior components, Powertrain components, Tires, and ContiTech. The company offers body control module for automotive applications.
DENSO Corp.
DENSO Corp. operates its business through segments such as Thermal Systems, Powertrain Systems, Electrification Systems, Mobility Systems, Electronic Systems, and Non-Automotive Businesses (Factory Automation and Agriculture). The company offers automotive body electronics such as multiplex body ECU, TPMS ECU, IC flasher, among others.
Give Your Business a Head Start for 2021:Download Our Free Sample Report
Related Reports on Consumer Discretionary Include:
Global Automotive Flywheel Market – Global automotive flywheel market is segmented by application (passenger cars, LCVs, and MCVs and HCVs) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
Global Automotive Speed Sensor Market – Global automotive speed sensor market is segmented by application (passenger cars and commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Subscribe to World-Class Market Intelligenceand gain instant access to 17,000+ market research reports and connect with expert analysts
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com:https://www.businesswire.com/news/home/20201230005370/en/
CONTACT: Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website:www.technavio.com/
KEYWORD:
INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING MANUFACTURING AFTERMARKET GENERAL AUTOMOTIVE AUTOMOTIVE
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 12/30/2020 04:39 PM/DISC: 12/30/2020 04:39 PM
Copyright Business Wire 2020.
