EUROPE AUTOMOTIVE BODY CONTROL MODULES MARKET FORECAST 2019-2027

EUROPE AUTOMOTIVE BODY CONTROL MODULES MARKET FORECAST 2019-2027

  • August 2019 •
  • 80 pages •
  • Report ID: 5807628 •
  • Format: PDF
KEY FINDINGS
The Europe automotive body control modules market contributed for $XX million in 2018 and was predicted to reach a revenue of $XX million in 2027, while evolving at a CAGR of 5.50% between 2019 and 2027. The factors such as well-established automotive industry, high disposable income, and technological advancements are contributing to the booming automotive body control modules market in the region.

MARKET INSIGHTS
The Europe automotive body control modules market comprise of economies such as Germany, France, Italy, United Kingdom, Spain, Russia, and Rest of Europe regional segment that is formed by a conglomeration of other European countries.The booming automobile sector, along with rising production and sale of vehicles, especially luxury cars, is surging the demand for automotive body control modules and other advanced features in the United Kingdom.

The high disposable income of people and increasing concern for road safety is increasing demand for integrated components for driver-assist systems. Thus, the rising demand for advanced, high-performance vehicles is increasing the adoption rate of various types of automotive body control modules, in turn, boosting the market growth.

COMPETITIVE INSIGHTS
Denso Corporation, Berkshire Hathaway Inc. (Mouser Electronics Inc.), Continental AG, Delphi Automotive LLP, and Aptiv PLC (Delphi Automotive PLC), are some of the companies operating in the automotive body control modules market. Though new players are entering the market, the requirement of large capital for acquiring technology and establishing manufacturing facilities pose as a barrier for new entrants.

Companies mentioned
1. APTIV PLC (DELPHI AUTOMOTIVE PLC)
2. BERKSHIRE HATHAWAY INC. (MOUSER ELECTRONICS, INC.)
3. CONTINENTAL AG
4. DELPHI AUTOMOTIVE LLP
5. DENSO CORPORATION
6. HARMAN INTERNATIONAL
7. HELLA KGAA HUECK & CO.
8. INFINEON TECHNOLOGIES AG
9. MITSUBISHI ELECTRIC CORPORATION
10. MOUSER ELECTRONICS
11. RENESAS ELECTRONICS CORPORATION
12. ROBERT BOSCH GMBH
13. TATA ELXSI
14. TEXAS INSTRUMENTS INCORPORATED
15. ZF TRW AUTOMOTIVE