Turkey Automotive Body Controller Market to be dominated by Passenger Car till 2027
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:
- Visteon
- NXP Semiconductors
- Robert Bosch GmbH
- Lear Corporation
- Infineon Technologies
- Denso Corporation
- Aptiv PLC
- Hella
- Stmicroelectronics
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“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.
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