High adoption of electric vehicles and increased focus on vehicle and passenger safety are driving demand for the Turkey automotive body controller market in the forecast period, 2023-2027.
According to TechSci Research report, “Turkey Automotive Body Controller Market By Region, Competition Forecast & Opportunities, 2027”, the Turkey automotive body controller market is expected to witness significant growth in the forecast period, 2023-2027. Supportive government policies regarding carbon emissions into the environment and road safety and the rise in research and development activities to develop advanced activities are the primary factors driving the demand for Turkey automotive body controller market. Market players are working on manufacturing low-cost and advanced automotive body controllers that can enhance the functionalities of automobiles. Also, the growing share of hybrid and electric vehicles and the integration of advanced electronic components and software contents in vehicles are expected to bolster the demand for the Turkey automotive body controller market.
However, the growing complexities and sophistication of electronic systems and automotive cyber-attacks may restrain the Turkey automotive body controller market growth in the coming years.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "Turkey Automotive Body Controller Market"
Turkey automotive body controller market is segmented into vehicle type, component, range type, application, regional distribution, and competitive landscape.
Based on vehicle type, the market is divided into two-wheeler, passenger car, LCV, and M&HCV. Passenger car is expected to capture the highest market share in the next five years. Original equipment manufacturers are working on the customization of the automotive body controller based on vehicles of different models. These vehicles are dominating the market as they provide enhanced comfort and convenience to passengers while traveling.
Based on components, the market is divided into hardware and software. The hardware segment is expected to witness the highest growth in the forecast period. Automotive body controller is integrated into automobiles on a number of hardware components like printed circuit boards, microcontrollers, bus transceivers, and others. The launch of different automobile models by original equipment manufacturers makes the market players make different automotive body controllers using a combination of microcontrollers. The growing automotive industry is expected to fuel the market demand in the coming years.
Based on range type, the market is bifurcated into high end and low end. High ends dominate the market and are expected to maintain their dominance over the next five years. The growing demand for multiple functions in the automobile to provide comfort and convenience to passengers is creating the demand for high end automotive body controllers in automobiles. They are installed in vehicles with high configuration microcontrollers and hardware components to make them capable of handling complex functions.
Based on application, the market is divided into engine control modules, transmission control modules, powertrain control modules, electronic braking control modules, steering control module, and others. The engine control module is expected to hold the largest market share in the forecast period. It is considered the most crucial part of the automobile, and it makes the engine smart and regulates the engine spark and fuel by taking information from various sensors installed in an automobile. The engine control module makes the engine function with optimum power and efficiency; therefore, it is considered beneficial for automobiles.
Major market players operating in the Turkey automotive body controller market are:
- NXP Semiconductors
- Robert Bosch GmbH
- Lear Corporation
- Infineon Technologies
- Denso Corporation
- Aptiv PLC
Customers can also request for 10% free customization on this report.
“Implementation of stringent emission standards and growing pollution levels are driving the sales of electric and hybrid vehicles. There is high demand for automotive body controllers in electric vehicles as they help manage electric energy and other equipment, including the transmission unit, battery, and power-train unit. The government is promoting the construction of charging stations and is giving incentives and income tax rebates to electric vehicle buyers and manufacturers to increase electric vehicle sales. Therefore, the surge in trend and growing popularity of environment-friendly and fuel-efficient vehicles is expected to propel the growth of the Turkey automotive body controller market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Turkey Automotive Body Controller Market By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV), By Component (Hardware, Software), By Range Type (High End, Low End), By Application (Engine Control Modules, Transmission Control Modules, Powertrain Control Modules, Electronic Braking Control Modules, Steering Control Module, Others), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Turkey automotive body controller market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Turkey automotive body controller market.
Mr. Ken Mathews
708 Third Avenue,
New York – 10017
Email: [email protected]