Technavio's market study identifies the growth in demand for automotive safety systems to be one of the primary growth factors for the navigation switch market. Automobile manufacturers are increasingly focusing on enhancing the safety and security features of the vehicle and are integrating advanced features to increase safety. As customer safety is of prime importance, vendors are integrating safety systems that prevent and protect passengers and vehicles from potentially dangerous situations. Safety systems such as anti-pinch window and driver assistance systems such as radar systems, cameras, and communication devices are the most common safety systems embedded in automobiles. Our market research analysts estimate that this market will post a revenue of more than USD 1.1 million by 2021.
The introduction of fly-by-wire aircrafts will be one of the key trends contributing towards the growth of the navigation switch market during the next few years. Fly-by-wire technology computerizes vehicle controls and facilitates the electronic transmission of control through a network of actuators placed on the wings and tail of the airship. Fly-by-wire technology (FWB) offers numerous advantages such as reduced maintenance work and aircraft weight, simpler communication with the autopilot systems and automatic flight control systems, and reduced training costs.
Competitive landscape and key vendors
The navigation switch market is moderately concentrated due to the presence of limited established players. The vendors in the market compete intensely in terms of availability, price, quality, and size. Few vendors operate in various product lines and cater to multiple industries while some niche players cater to the limited consumer segment and the defense industry. To increase their cost-effectiveness, the vendors are focusing on setting up their manufacturing facilities in APAC.
The leading vendors in the market are
Segmentation by application and analysis of the navigation switch market
The automobile industry is highly referring electronic systems due to the safety and comfort that cannot be implemented cost-effectively by using bulkier mechanical components. Navigation switches provide features such as tight product tolerances, acoustical adaptation, haptic-on-demand, environmental and process sealing, and electrical and mechanical interface integration. Though the increased usage of electronics in automobiles will reduce the demand for mechanical components, this segment will continue to account for the major shares of the navigation switch market throughout the next four years.
Geographical segmentation and analysis of the navigation switch market
APAC has the highest number of shipments for smartphones due to the emergence of these mobile devices as a gaming platform. The growing demand for LED TVs and PS-based games will significantly contribute to the growth of the navigation switch market in this region.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global navigation switch market?
What are the key market trends impacting the growth of the global navigation switch market?
What are the challenges to market growth?
Who are the key vendors in the global navigation switch market?
What are the market opportunities and threats faced by the vendors in the global navigation switch market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global navigation switch market?
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Navigation switches are controlling components that provide either on-screen navigation or help in controlling various parts in any system. There are industrial as well as consumer grade navigation switches that are button or touch-based. This upcoming market research report on the global navigation switch market furnishes detailed inputs about the primary market drivers and trending market patterns that are augmenting the growth of the hardware and semiconductor industry. Technavio's reports for the hardware and semiconductor industry also follow a scrupulous data collection method and offer an extensive analysis of fast growing market segments like embedded systems.
Our team of market research experts offers an all-inclusive picture of the global navigation switch market for the period of 2017 to 2021 by correctly forecasting the growth outlook based on the data collected from channel partners and stakeholders. This market study also presents a detailed study on various embedded systems based on the interpretation of the data gathered from sources of market intelligence such as vendor briefings, industry journals, and webinars.
This upcoming report on the global navigation switch market also covers vendors like APEM, Avago, C&K, E-Switch, Grayhill, Omron Electronics, Panasonic Electronics Components, and Storm Interface. This market report on the global navigation switch market also covers geographies like the Americas, EMEA, and APAC. According to our team of industry experts, the emergence of gesture based technologies may propel the demand for navigation switches in the coming few years.
The upcoming industry research report for global navigation switch market also shortlists the drivers, future trends, and the pain points that the embedded systems sector currently comes across. This upcoming report on the global navigation switch market also presents insights into the rapidly changing competitive landscape, which is aimed to offer clients a holistic view of the future direction of the hardware and semiconductor industry. Technavio also provides insights into the sectors such as displays, semiconductor equipment, and computing devices.
Our market research methodology for the global navigation switch market
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