Paddle shifters are open switches that are hard-wired to the steering wheel switch. The steering wheel switch provides a five-volt signal and returns circuit to the paddle shifters. Both paddle shifters the signal and return circuits. The steering wheel switch senses the status of the paddle shifters by reading the voltage drop of the signal circuit.
Technavio’s analysts forecast the global automotive paddle shifter system market to register a CAGR of 6.62% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive paddle shifter system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: •Americas •APAC •EMEA
Technavio’s report, Global Automotive Paddle Shifter System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors •GSK InTek •JOYSON •KOSTAL Automotive Electrical Systems •Powertrain Control Solutions •TECHART
Market driver • High demand for automatic transmission system in vehicles • For a full, detailed list, view our report
Market challenge • High penetration of manual transmission systems in APAC and Europe • For a full, detailed list, view our report
Market trend • Development of shift-by-wire gear shift systems for hybrid electric vehicles • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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