Global Body Control Modules Market Analysis & Outlook 2030

The global body control modules market is estimated to be valued at USD 28 billion in 2021 and is expected to expand at a compound annual growth rate of 4% from 2022 to 2030. By bus type, the largest revenue contributor of the CAN type segment market in 2020 was USD 18 billion with a compound annual growth rate of 3% during the forecast period 2022-2030. In 2020, the Asia-Pacific region is expected to occupy an important market share. The Automotive Central Body Control Module (BCM) is a processor-based power distribution center that controls multiple functions related to the body, such as door modules, interior and exterior lighting, windows, security, door locks and access control, and various security functions. feature. Generally, the body control module (BCM) is an integrated system used to control the electrical system of the vehicle.

Major players in automobile manufacturing began to provide infotainment systems based on the latest automobile technology. For example, in September 2018, Renault-Nissan-Mitsubishi and Google joined forces to create a next-generation infotainment system. It is also expected to be launched in 2021. This situation is expected to lead to increased demand for body control modules (BCM) in the near future. In addition, the introduction of the new LIN bus can implement up to 16 LIN RGB slave modules on a dedicated LIN bus, allowing up to 196 LED lighting fixtures to be connected to a single BCM via the LIN bus.

For example, in November 2018, Volkswagen is replacing driving simulation display technology with a freely configurable high-resolution curved display. The main factors driving the growth of the global BCM market include advanced safety, comfort, and vehicle convenience features; strict government regulations; and increased demand for automobiles.

At the same time, it is also studying the manufacture of low-cost control modules, which are expected to drive market growth. Increased demand for active safety features, such as driver assistance systems in vehicles, is expected to drive the growth of the global BCM market during the forecast period. However, increasing complexity is expected to hinder the growth of the world market. Increasing demand for electric and hybrid vehicles, increasing global car sales, and increasing demand for advanced driver assistance functions in new cars are expected to drive market growth. The body control module market is in the near future. .

The BCM market is segmented by type, vehicle type, application and region:
 According to the type, the market is divided into CAN bus and LIN bus. According to the type of vehicle, it is divided into passenger cars, electric vehicles and commercial vehicles. The passenger car segment is further divided into sport utility vehicles, sedans and hatchbacks. Considering that commercial vehicles are divided into light commercial vehicles and heavy commercial vehicles. In addition, according to the application, the body control module market is divided into internal and external. Analyzed the markets of North America, Europe, Asia Pacific and LAMEA by region.

The global trend of the body control module market is based on the comprehensive competitive analysis determined by the forecast from 2022 to 2030 and the profile of the main players in the body control module market, such as Continental (Germany), Denso (Japan), Robert Bosch GmbH ( Germany)), Delphi Automotive PLC (UK), HELLA, Texas Instruments, Mouser Electronics, Infineon Technologies, Mitsubishi Electric Corporation and Renesas Electronics are also included in this report. In the vehicle

Main benefits for stakeholders:
This study provides an analytical overview of the global body control module market analysis as well as current trends and future estimates to represent the upcoming investment pockets. The overall market potential determines the understanding of profitability trends in order to achieve a stronger position. The report provides information related to the key drivers, constraints and opportunities of the market, and conducts a detailed impact analysis. From 2022-2030, the current global body control module market size is quantitatively analyzed to compare financial competition. Analysis of Porter’s Five Forces explains the key market segments of power supply: According to the type of CAN bus, LIN bus, by vehicle type, passenger car, passenger car, sedan, sport utility vehicle, commercial vehicle, light commercial vehicle, heavy commercial vehicle, electric vehicle, according to application internal power windows Adapt to cruise control, active steering, anti-lock braking system, roof control, external GPS technology, solar fog lamp control, tail door opening control, central locking system, windshield wiper control.

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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