The global body control module market is anticipated to grow at a CAGR of around 3.5% during the forecast period 2020 to 2027 and to reach around US$ 30.8 Bn by 2027.
Market Dynamics
Flourishing automotive sector across the globe, developing regulatory scenario, and manufacturers approach towards delivering vehicle with high safety and comfort are major factors expected to drive the growth of global body control module market. In addition, rising demand for passenger vehicles in developing countries, rising adoption of electric vehicles, coupled with wide applicability of body control module controls for door modules, interior & exterior lighting, windows, security, door locks & access control, etc. are among other factor expected to further support the growth of target market.
Business development activities by major players in order to increase the customer base and enhance the profit ratio is another factor expected to augment the growth of target market.
- In 2019, Denso Corporation and Toyota Motor Corporation established a joint venture for research and advanced development of next-generation, in-vehicle semiconductors. This is expected to help the company attract new customers and increase the profit.
- In 2019, Infineon acquired Cypress Semiconductor a semiconductor design and manufacturing company with the focus on structural growth drivers and serve a broader range of applications. This is expected to accelerate the growth of company.
- In 2019, Continental AG an automotive parts manufacturing company specializing in brake systems, interior electronics, automotive safety, powertrain and chassis components, tachographs, tires and other parts for the automotive and transportation industry started a new research and development (R&D) centre in Chongqing. The lab is focusing on the development of car body and powertrain products and automotive electronics products including solutions. This is expected to help the company to enhance the product portfolio and increase the profit
- In 2018, STMicroelectronics launched a new connected -car microcontroller unit (MCU) that enables secure remote updates and high-speed in-vehicle networking. This is expected to increase the customer base and increase the revenue share.
- In 2020, Illinois Tool Works Inc. (ITW) acquired Engineered Fasteners and Components business (EF&C). This acquisition is expected to help the company to enhance the customer base and increase the profit share.
However, factors such as high complexity in programming and technological glitches are expected to hamper the growth of global body control module market. In addition, high cost involved in R&D activities is another factor expected to further challenge the growth of target market.
High investment by major players for technological advancements, increasing electric vehicle sale in developing countries are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing business partnerships and agreements are among other factors responsible to support the growth of target market.
Body Control Module Market Segment Analysis, 2019
The global body control module market is segmented into component, vehicle type, and application. The application segment is further bifurcated into interior and exterior. Among vehicle type the passenger vehicle segment is expected to account for significant revenue share in the global market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising demand for luxury vehicles with advanced features. In addition, high adoption of electric vehicles from consumers, presence of major players operating in the country with the focus on introduction of innovative products are among other factors expected to further support the growth of regional market.
Asia Pacific is expected to witness faster growth in the near future owing to high passenger vehicle sale. In addition, rapid technologically advancements in automotive industry, developing regulatory scenario, coupled with rising demand for safe and reliable vehicle with enhanced comfort are among other factors expected to further support the growth of regional market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
Market
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Global Body Control Module Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Component, Vehicle Type, Application and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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The market research study on “Body Control Module Market (Component: Hardware and Software; Vehicle Type: Passenger Car, Commercial Vehicle, and Electric Vehicle; Application: Interior and Exterior) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global body control module market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global body control module market segment by component, vehicle type, application and major geographic regions. The players profiled in the report Delphi Automotive PLC, HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Continental AG, Denso Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, and Renesas Electronics Corporation.
Market Segmentation
Market By Component
Market By Vehicle Type
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
Market By Application
Interior
- Power Windows
- Adaptive Cruise Control
- Active Steering
- Anti-Lock Braking System
- GPS navigation technology
Exterior
- Sunroof Control Units
- Fog Lamp Control
- Tailgate Open Control
- Central Locking System
- Wiper control
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Body Control Module
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Body Control Module Market By Component
1.2.2.1. Global Body Control Module Market Revenue and Growth Rate Comparison By Component(2020-2027)
1.2.2.2. Global Body Control Module Market Revenue Share By Component in 2019
1.2.2.3. Hardware
1.2.2.4. Software
1.2.3. Body Control Module Market By Vehicle Type
1.2.3.1. Global Body Control Module Market Revenue and Growth Rate Comparison By Vehicle Type (2020-2027)
1.2.3.2. Global Body Control Module Market Revenue Share By Vehicle Type in 2019
1.2.3.2.1. Passenger Car
1.2.3.2.2. Commercial Vehicle
1.2.3.2.3. Electric Vehicle
1.2.4. Body Control Module Market By Application
1.2.4.1. Global Body Control Module Market Revenue and Growth Rate Comparison By Application(2020-2027)
1.2.4.2. Global Body Control Module Market Revenue Share By Application in 2019
1.2.4.2.1. Interior
1.2.4.2.1.1. Power Windows
1.2.4.2.1.2. Adaptive Cruise Control
1.2.4.2.1.3. Active Steering
1.2.4.2.1.4. Anti-Lock Braking System
1.2.4.2.1.5. GPS navigation technology
1.2.4.2.2. Exterior
1.2.4.2.2.1. Sunroof Control Units
1.2.4.2.2.2. Fog Lamp Control
1.2.4.2.2.3. Tailgate Open Control
1.2.4.2.2.4. Central Locking System
1.2.4.2.2.5. Wiper control
1.2.5. Body Control Module Market By Geography
1.2.5.1. Global Body Control Module Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Body Control Module Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Body Control Module Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Body Control Module Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Body Control Module Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Body Control Module Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Body Control Module ANALYSIS
3.1. Capacity and Commercial Production Date of Global Body Control Module Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Body Control Module Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Body Control Module Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Body Control Module Major Manufacturers in 2019
CHAPTER 4. Body Control Module MARKET By Component
4.1. Global Body Control Module Revenue By Component
4.2. Hardware
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Software
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Body Control Module MARKET By Vehicle Type
5.1. Global Body Control Module Revenue By Vehicle Type
5.2. Passenger Car
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Commercial Vehicle
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Electric Vehicle
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Body Control Module MARKET By Application
6.1. Global Body Control Module Revenue By Application
6.2. Interior
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.2.3. Power Windows
6.2.4. Adaptive Cruise Control
6.2.5. Active Steering
6.2.6. Anti-Lock Braking System
6.2.7. GPS navigation technology
6.3. Exterior
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3.3. Sunroof Control Units
6.3.4. Fog Lamp Control
6.3.5. Tailgate Open Control
6.3.6. Central Locking System
6.3.7. Wiper control
CHAPTER 7. NORTH AMERICA Body Control Module MARKET BY COUNTRY
7.1. North America Body Control Module Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Body Control Module Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Body Control Module Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Body Control Module Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Body Control Module Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Body Control Module MARKET BY COUNTRY
9.1. Asia-Pacific Body Control Module Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Body Control Module Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Body Control Module MARKET BY COUNTRY
10.1. Latin America Body Control Module Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Body Control Module Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Body Control Module MARKET BY COUNTRY
11.1. Middle East & Africa Body Control Module Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Body Control Module Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Delphi Automotive PLC
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. HELLA
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Texas Instruments Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Mouser Electronics
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Infineon Technologies AG
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Continental AG
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. Denso Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Robert Bosch GmbH
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Mitsubishi Electric Corporation
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Renesas Electronics Corporation
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope