Report Code: A14103 | Pages: NA | Mar 2023 | 1181 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vehicle Ignition Switches Market
Request Now !The vehicle ignition switch is the master switch in the vehicle control system starts the power to control electrical systems, power windows, accessories, and others. In internal combustion engine vehicles, the ignition switch provides power to the starter solenoid, ignition system components and it is frequently combined with the starter switch which activates the starter motor. Moreover, the switch is combined with an immobilizer which activates the switch functions when a transponder signal in the key is detected. Furthermore, currently, various vehicles are equipped with a keyless system that replaces the key switch with a push button that also requires a transponder signal. In addition, the ignition switch has anti-theft functions the modern vehicle key is provided with a code that is required for the vehicle to start the ignition switch. Also, the switch can be used to lock the steering wheel when the key is removed and in an automatic transmission vehicle, there is a shift interlock function that locks the transmission linkage so that the transmission cannot be shifted out of the park.
COVID-19 Impact Analysis
Top Impacting Factors
Rise in vehicle production, increase in demand for vehicle with advanced features, and surge in demand for vehicle safety & security are expected to drive growth of the market.
However, rise in demand for electric & hybrid vehicles and increase in frequent switch faults can hamper growth of the market.
Moreover, rise in vehicle sale, increase in demand for keyless push-button ignition system, and surge in aftermarket ignition switch repair & change act as an opportunity for the growth of the market.
Market Trends
Vehicle sale
Key Benefits of the Report
Questions Answered in the Report
Vehicle Ignition Switches Market Report Highlights
Aspects | Details |
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By Type |
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By Vehicle Type |
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By Sales Channel |
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By Region |
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Key Market Players | Omron Corp, Robert Bosch GmbH, Tokai Rika Co. Ltd, ACDelco, Delphi Automotive Plc, Leopold Kostal GmbH & Co. KG, Standard Motor, BorgWarner Inc., Strattec, Febi Bilstein |
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