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2020

Body Control Module Market

Body Control Module Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, Vehicle Type and Application : Global Opportunity Analysis and Industry Forecast, 2020-2027

AT : Automotive systems and accessories

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Author's: Pranav Padalkar| Lalit Katare | Lalit Janardhan Katare
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Body Control Module Market Statistics - 2027

The global body control module market was valued at $23.59 billion in 2019, and is projected to reach $30.13 billion by 2027, registering a CAGR of 3.1% from 2020 to 2027. By bus type, the CAN type segment was the highest revenue contributor in 2019, accounting for $15.14 billion, and is estimated to reach $18.77 billion by 2027, registering a CAGR of 2.7% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share. 

The automotive central body control module (BCM) is a processor-based power distribution center that controls the multiple functions related to the car body such as door modules, interior & exterior lighting, windows, security, door locks & access control, and various safety features. Generally, the body control module (BCM) is a type of embedded system used for controlling electrical system in vehicles. 

Body-Control-Modules-(BCM)-Market

The key player in the automotive manufacturing started offering the latest technology based infotainment system in vehicle. For instance, in September 2018, Renault-Nissan-Mitsubishi and Google joined forces for next-gen infotainment system. The launch for the same is expected by 2021. This situation is expected to lead the increase in demand for body control modules (BCM) in near future. Also, the launch of new LIN bus allows up to 16 LIN RGB slave modules on a private LIN bus, thus it permits up to 196 LED lighting devices to be connected to a single BCM via a LIN bus. For instance, in November 2018, Volkswagen is replacing analog display technology behind the steering wheel with a freely configurable, high-resolution, and curved display.

The major factors that drive the growth of the global BCM market include increase in demand for advanced safety, comfort, and convenience features in vehicles; stringent regulations from governments; and increase in demand for automotive. Simultaneously, research is also being undertaken to manufacture low-cost controlling modules that is expected to boost the market growth. There is an increase in the demand for active safety features such as driver assistance systems in vehicles and is expected to propel the growth of the global BCM market during the forecast period. However, increase in complexity is expected to hamper the growth of the global market. The increase in demand for electric as well as hybrid vehicles, rise in sales of automotive vehicles across the globe, and surge in need for advanced driver assist features in new vehicles are the factors anticipated to boost the body control module market growth in the near future.

Body Control Module Market
By Type
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LIN bus type is projected as the most lucrative segments

The BCM market is segmented into type, vehicle type, application and region. On the basis of type, the market is bifurcated into CAN bus and LIN bus. On the basis of vehicle type, it is divided into passenger vehicle, electric vehicle, and commercial vehicle. Passenger vehicle segment is further divided into hatchback, sedan, and sport utility vehicles. Whereas commercial vehicle segment is categorized into light commercial vehicle and heavy commercial vehicle. Also, on the basis of application, the body control module market is segmented into interior and exterior. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The global body control module market trends are decided on the basis of forecast from 2020 to 2027.

Comprehensive competitive analysis and profiles of major body control module market players such as Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Mitsubishi Electric Corporation, and Renesas Electronics Corporation are also provided in this report.
Increase in demand for advanced safety, comfort, and convenience features in vehicles

Body Control Module Market
By Vehicle Type
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Electric Vehicle is projected as the most lucrative segments

Over the past few years, the automotive industry has been witnessing increased demand for advanced features in vehicles such as power steering system, climate control system, anti-lock braking system, and others. This in turn has led to rise in applications of body control modules (BCMs) in automobiles, thereby driving the growth of the body control module market. Furthermore, the automotive market has witnessed an increase in number of electronic components & software content in vehicles across the globe that offers the latest technology-based infotainment and telematics system. For instance, in September 2018, Renault-Nissan-Mitsubishi and Google joined forces for in-vehicle next-gen infotainment system. The launch for the embedded android-based operating system for vehicles is expected by 2021. All these factors are expected to fuel the demand for body control modules (BCMs) in the near future.

Stringent safety regulations set by government for automotive industry

The = automotive market is positively affected by safety regulations implemented by government for installation of power window, airbags, and anti-lock braking systems (ABS) in every vehicle. Europe and North America have been witnessed to follow these regulations more stringently as compared to Asia-Pacific and rest of the world. However, in developing countries, OEMs are providing key less entry and anti-lock braking system (ABS) as standard features in vehicles, supporting the government to improve safety measures. These safety systems need separate BCMs to function and to communicate with other components of vehicle to provide complete safety to passengers. Hence, as the incorporation of safety features has been made obligatory, the demand for body control modules is anticipated to grow, which fuels the growth of the body control module market.

Body Control Module Market
By Application
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Exterior appliction is projected as the most lucrative segments

Increase in complexity of module

BCMs are embedded systems with embedded software, which are responsible for increase in line count, complexity, and sophistication of BCMs. OEMs using BCMs have to manage the increase in complexity leading to failure of services in vehicles. Similarly, incorporation of BCMs results in complex structure of network and communication & interfacing problem with controlling units. Thus, all these factors are expected to hinder the growth of the body control module market in the near future.
Rise in demand for electric and hybrid vehicles across the globe 

The There is an increase in demand for electric and hybrid vehicles owing to rise in need for pollution control systems and implementation of stringent emission standards. Electric vehicles require body controlling units to manage the electric energy and other equipment such as power-train, battery, and transmission system. Rise in trend of using eco-friendly and fuel-efficient vehicles promoted by the Climate Change Agreement in Paris further boosts the growth of this market. Moreover, constant support & huge funding received from various governments for the development of advance technology in vehicles is expected to create lucrative opportunity for the expansion of the body control module market.

Body Control Module Market
By Region
2027
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific by region segment is projected as the most lucrative segments

Key Benefits for Stakeholders:

  • This study presents analytical depiction of the global body control module market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current global body control module market size is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the body control module industry.

Body Control Module Market Report Highlights

Aspects Details
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By Type
  • CAN bus
  • LIN bus
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By Vehicle Type
  • PASSENGER CAR
  • Electric vehicle
  • Commercial vehicle
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By Application
  • Interior
  • Exterior
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By Region
  • NORTH AMERICA  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

ROBERT BOSCH GmbH, BERKSHIRE HATHAWAY INC. (MOUSER ELECTRONICS, INC.), HELLA KGAA HUECK & CO., INFINEON TECHNOLOGIES AG, DENSO CORPORATION, MITSUBISHI ELECTRIC CORPORATION, TEXAS INSTRUMENTS INCORPORATED, APTIV PLC (DELPHI AUTOMOTIVE PLC), CONTINENTAL AG, RENESAS ELECTRONICS CORPORATION

Analyst Review

Body control module (BCM) in the automotive industry is a processor-based power distribution component, which supervises, and controls functions related to the car body such as interior lights, security, windows, door locks & access control, and others. In addition, central BCM operates as a gateway for bus and network interfaces to interact with remote electronic control units (ECU) for other systems, however, BCM does not control any engine-related functions. Moreover, controlling signal of various loads comes directly from remote ECU via CAN/LIN communication or directly from the central body module.

The global body control module market is analyzed based on its prospect and future growth rate. The report highlights numerous factors that influence the growth of the global body control module market, which include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market.

The global body control module market is driven by increase in demand for advanced safety, comfort, and convenience features in vehicles, stringent regulations from governments; and increase in demand for automotive. Simultaneously, research is also being undertaken to manufacture low-cost controlling modules that is expected to boost the market growth. The demand for active safety features such as driver assistance systems in vehicles is increasing and is expected to propel the global BCM market over the forecasted period. However, increasing complexity is expected to hamper the growth of the global market. The increase in demand for electric as well as hybrid vehicles, rise in sales of automotive vehicles across the globe, and surge in need for advanced driver assist features in new vehicles are anticipated to boost the market growth in the near future.

Among the analyzed geographical regions, Asia-Pacific is the highest revenue contributor, and the Asia-Pacific region is anticipated to create dominance during the forecast period, followed by Europe, North America, and LAMEA. This growth is attributed to proactive development, rise in disposable income and increase in automotive sales.

 

Author Name(s) : Pranav Padalkar| Lalit Katare | Lalit Janardhan Katare
Frequently Asked Questions?

Aptiv showcased their newly innovated interior sensing platform at international consumer electronic shows (CES). With the use of cameras and radars the system can recognize and respond to drivers’ and passengers’ body positioning, gestures, and eye movement. This rising use of such application in vehicle will lead raise the demand for BCM in vehicle.

The global body control module market was valued at $23,590.00 million in 2019, and is projected to reach $30,130.00 million by 2027, registering a CAGR of 3.1% from 2020 to 2027.

The report sample/ company profile section for body control module market report can be obtained on demand from the website.

The companies which are operatng in the value chain of this body control module buisness are the potential customers. TheOEM, tier 1, tier 2 suppliers and aftermarket service providers also the potential customer.

The key players of global BCM market include Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Mitsubishi Electric Corporation, and Renesas Electronics Corporation.

The company profile section for automotive body control module market report can be obtained on demand from the website.

Among the analyzed geographical regions, currently Asia Pacific region is dominating the market with the highest revenue in the global market. However, the same and Europe is expected to grow at a higher rate during the forcast period, predicting lucrative opportunities .

The key growth strategies adopted by the automotive body control module market players includes innovations, merger, expansion,and business developments.

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Body Control Module Market

Global Opportunity Analysis and Industry Forecast, 2020-2027