Automotive Switch Market: 2019 Key Players Are Delphi, Eaton, HELLA, Honeywell, Panasonic, ZF Group, Alps Electric
Automotive Switch Market growing at around 5% CAGR, while the shipments will reach about 850 million units by 2024. Automotive switches market from engine management applications is anticipated to grow at an annual rate of more than 4% over 2016-2024. Spreading awareness of automobile safety while driving has favored the market growth for engine management applications. Anti- lock pressure, traction control, clutch release, and parking brake are some components that are incorporated in safety engine management application.
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