Automotive Steering

iCrowdNewswire   Jan 21, 2021  9:00 AM ET

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The automotive steering wheel switch is an advanced configurable control fitted onto the steering wheel. The steering wheel switch improves the driver’s safety by reducing the risks of any distraction or collision on the road. This feature is most widely found in high-end, autonomous cars. Hence, these are extensively used in passenger cars, and the globally expanding commercial vehicle sector has driven the demand for automotive steering wheel switches.

The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Automotive Steering Wheel Switch market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Automotive Steering Wheel Switch business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.

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The global automotive steering wheel switch market is expected to garner substantially high revenue over the estimated period, supported by various market growth-inducing factors. The growing demand for passenger cars with automatic steering wheels, surging adoption of autonomous vehicles, increasing sales of electric cars, and the rising concerns for drivers’ safety are the primary factors propelling the market growth. Advanced reconfigurable controls are increasingly being incorporated into automotive steering wheels to prevent road accidents and enhance the driver’s safety.  Therefore, improvements in vehicle design and the integration of electromechanical components into the cars have further boosted the demand for automotive steering wheel switches. Furthermore, the emergence of multi-functional steering wheel switches, rising adoption of advanced driver-assistance systems like adaptive cruise control (ACC), and increasing government focus on integrating automotive safety systems are the other key market drivers

Regional Analysis:

The Asia Pacific region has emerged as the most dominant regional market for automotive steering wheel switches. A significant surge in automotive production, strict government regulations regarding raid safety, skyrocketing demand for premium electric cars, and rising disposable incomes are the key propellers for market growth in this region. Japan is the key market growth engine, as it is home to some of the globally recognized automotive marques like Toyota, Suzuki, Honda, and Nissan.

Competitive Terrain:

The global Automotive Steering Wheel Switch market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Automotive Steering Wheel Switch market are listed below:

US Zinc, Zochem, Umicore, Zinc Nacional, ISKY, Xinxin Chemical, Bohigh, Zinc Oxide LLC, Silox, Hebei Yuanda, Hunan Jingshi, God Leaves, Rech Chemical, GH Chemicals, Newsky, Best-selling Chemical, Rubamin, Grillo, Haolin Chemicals, DaHua Chemical, Mario Pilato, Brueggemann, A-Esse, Hakusui, Pan-Continental Chemical, Seyang, Yongchang, Longli, Zhongse, Borax, Haihua, Xingyuan, Haigang, Liuzhou Zinc, Wuwei Industrial, Jin Hong Hua Gong, Hebei Kuoyang.

By Type (Revenue, USD Million; 2017–2027)

Zinc Oxide, Zinc Sulfate, Zinc Chloride, Zinc Borate, Others

By Application (Revenue, USD Million; 2017–2027)

Agriculture and Animal Husbandry, Food and Beverage, Pharmaceutical, Rubber/Tires, Ceramic/Glass, Chemical, Others

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Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Automotive Steering Wheel Switch Market Segmentation & Impact Analysis

Chapter 5. Automotive Steering Wheel Switch Market, By Type Insights & Trends

Chapter 6. Automotive Steering Wheel Switch Market, By Application Insights & Trends

Chapter 7. Automotive Steering Wheel Switch Market, By End Use Insights & Trends

Chapter 8. Automotive Steering Wheel Switch Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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