Two-wheeler Ignition Switch Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 156 SKU: IRTNTR73845

Two-wheeler Ignition Switch Market 2024-2028

The two-wheeler ignition switch market size is estimated to grow at a CAGR of 6.78% between 2023 and 2028. The market size is forecast to increase by USD 292.99 million. The accelerated growth of the market is due to various factors including the integration of ignition switches with other features in two-wheelers, increasing electronic content in two-wheelers and rising two-wheeler sales worldwide. 

The report includes a comprehensive outlook on the Two-wheeler Ignition Switch Market, offering forecasts for the industry segmented by Type which comprises key-enabled, and keyless. Additionally, it categorizes Application into fuel two-wheeler, and electric two-wheeler and covers Geography regions, including APAC, Europe, North America, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.

What will be the size of the Two-wheeler Ignition Switch Market During the Forecast Period?

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Two-wheeler Ignition Switch Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Two-wheeler Ignition Switch Market Driver

Increasing electronic content in two-wheelers is notably driving the market growth. The ignition switch's main purpose is to activate the main electrical system of the vehicle. It provides power to the starter solenoid and ignition system components and is usually combined with the starter switch that activates the starter motor. Technological advancements have increased the number of electrical and electronic components in two-wheelers. With the increase in electrical components, a greater number of electrical systems need to be activated by the ignition switch. This pushes up the number of components or wires used in ignition switches to raise their cost.

However, as ignition switch manufacturers that supply two-wheeler OEMs are few, the increase in cost is shared between other stakeholders downstream in the value chain. This helps two-wheeler ignition switch manufacturers report higher profit margins. Therefore, increasing electronic content in two-wheelers will give a boost growth of the two-wheeler ignition switch market during the forecast period.

Key Two-wheeler Ignition Switch Market Trends

Shift to Asian manufacturing bases by premium motorcycle makers is an emerging trend shaping the market growth.  Motorcycles hold a significant share in the global two-wheeler market. New technologies and electrical connections that need to be activated with ignition switches are increasing in premium motorcycles. The inclusion of new technologies is raising manufacturing costs. The ongoing trend of shifting manufacturing plants to Asian countries, including India and China, will prove hugely beneficial for motorcycle manufacturers. In addition, labour costs in Asia are lower compared to European and American countries. These factors are encouraging manufacturers to shift their plants to Asian countries

Furthermore, KTM is expected to start manufacturing the Husqvarna motorcycles from its plant in Pune in early 2019. It has entered into a partnership with Bajaj for manufacturing and distributing its products. Such new manufacturing plants in countries such as India and China will support component manufacturers, including makers of ignition switches, which, in turn, is expected to drive the growth of the two-wheeler ignition switch market during the forecast period.

Major Two-wheeler Ignition Switch Market Challenge

Recalls due to faulty ignition switches add to manufacturing costs is a significant challenge hindering the market growth. Product recalls because of defective components or improper assembly are one of the major challenges faced by the automotive industry. These recalls are initiated to preempt any damage to the vehicle and injury to the rider or user. However, product recalls add to the costs of manufacturers and suppliers involved in the upstream value chain of an automotive product. Recall costs are shared among all stakeholders present across the value chain of the product.

Moreover, add-on costs accruing from recalls of defective products pose a challenge for manufacturers and adversely affect the market they operate. Therefore, product recalls that add to the costs of two-wheeler ignition switch manufacturers will restrict the growth of the two-wheeler ignition switch market during the forecast period.

Two-wheeler Ignition Switch Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Two-wheeler Ignition Switch Market Customer Landscape

Who are the Major Two-wheeler Ignition Switch Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Honeywell International Inc - The company offers two-wheeler ignition switches such as HONEYWELL S87B1008 Direct spark ignition switches.

The research report also includes detailed analyses of the competitive landscape of the market and information about 14 market companies, including:

  • Guangzhou Haijiguang Commercial and Trading Co. Ltd.
  • JPM Group
  • JS Enterprises
  • Kunal International
  • Minda Corp. Ltd.
  • Minda Industries Ltd.
  • Prakant Electronics Pvt. Ltd.
  • Rado Products India
  • Sandhar Technologies Ltd
  • Shubham Industries
  • Sonu Auto Electronics
  • Swiss Auto Pvt. Ltd.
  • Ultra Tech Components India Pvt. Ltd

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What are the Largest-Growing Segments in the Two-wheeler Ignition Switch Market?

 The key-enabled segment is estimated to witness significant growth during the forecast period. The increasing demand for two-wheelers will significantly impact the prospects of the key-enabled segment in the two-wheeler ignition switch market. Along with the strong demand for two-wheelers, the need to reduce vehicular emissions is rising.

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The key-enabled segment was the largest and was valued at USD 655.28 million in 2018. Electric two-wheelers are also fitted with multiple electrical components, but ignition switches are not required for their activation. Ignition switches are those that assist in the ignition of internal combustion engine vehicles. Thus, the growing popularity of electric two-wheelers is challenging the growth of the two-wheeler ignition switch market. However, the market under review is being supported by improvements in the design of ignition switches. Technological advancements in ignition switches to enhance vehicle security are also driving the two-wheeler ignition switch market by the key-enabled segment. Thus, technological developments and design changes in key-enabled ignition switches will boost this segment and expand the growth of the two-wheeler ignition switch market during the forecast period.

Which are the Key Regions for the Two-wheeler Ignition Switch Market?

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APAC is estimated to contribute 86% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Promising economic growth in emerging economies of APAC, including China and India, is expected to throw open several market opportunities for two-wheelers and attract global automobile manufacturers to the region. Advancements in technology and mass production systems are the points of investment for market incumbents, and these factors are contributing to the increasing revenue of the two-wheeler ignition switch market in APAC. Ignition switches are being differentiated among models based on their placement in two-wheelers. Most two-wheeler ignition switch manufacturers are from APAC, especially from India.

For instance, UNO Minda, Spark Minda, JPM Group, and Sandhar are headquartered in India. The growing demand for two-wheelers amid technological advancements is expected to have a trickle-down effect on the two-wheeler ignition switch market in APAC. In terms of value, therefore, the region is expected to remain the dominant market for two-wheeler ignition switches during the forecast period.

Segment Overview

The two-wheeler ignition switch market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Key-enabled
    • Keyless
  • Application Outlook 
    • Fuel two-wheeler
    • Electric two-wheeler
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Two-wheeler Ignition Switch Market Scope

Report Coverage

Details

Page number

156

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market Growth 2024-2028

USD 292.99 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.45

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 86%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Guangzhou Haijiguang Commercial and Trading Co. Ltd., Honeywell International Inc., JPM Group, JS Enterprises, Kunal International, Minda Corp. Ltd., Minda Industries Ltd., Prakant Electronics Pvt. Ltd., Rado Products India, Sandhar Technologies Ltd, Shubham Industries, Sonu Auto Electronics, Swiss Auto Pvt. Ltd., and Ultra Tech Components India Pvt. Ltd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Two-wheeler Ignition Switch Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global two-wheeler ignition switch market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global two-wheeler ignition switch market 2018 - 2022 ($ million)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Key-enabled - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Key-enabled - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Key-enabled - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Key-enabled - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Key-enabled - Year-over-year growth 2023-2028 (%)
    • 6.4 Keyless - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Keyless - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Keyless - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Keyless - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Keyless - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Fuel two-wheeler - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Fuel two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Fuel two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Fuel two-wheeler - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Fuel two-wheeler - Year-over-year growth 2023-2028 (%)
    • 7.4 Electric two-wheeler - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Electric two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Electric two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Electric two-wheeler - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Electric two-wheeler - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 56: Market opportunity by Application ($ million)
      • Exhibit 57: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 87: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.12 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Guangzhou Haijiguang Commercial and Trading Co. Ltd.
              • Exhibit 111: Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Overview
              • Exhibit 112: Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Product / Service
              • Exhibit 113: Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Key offerings
            • 12.4 Honeywell International Inc.
              • Exhibit 114: Honeywell International Inc. - Overview
              • Exhibit 115: Honeywell International Inc. - Business segments
              • Exhibit 116: Honeywell International Inc. - Key news
              • Exhibit 117: Honeywell International Inc. - Key offerings
              • Exhibit 118: Honeywell International Inc. - Segment focus
            • 12.5 JPM Group
              • Exhibit 119: JPM Group - Overview
              • Exhibit 120: JPM Group - Product / Service
              • Exhibit 121: JPM Group - Key offerings
            • 12.6 JS Enterprises
              • Exhibit 122: JS Enterprises - Overview
              • Exhibit 123: JS Enterprises - Product / Service
              • Exhibit 124: JS Enterprises - Key offerings
            • 12.7 Kunal International
              • Exhibit 125: Kunal International - Overview
              • Exhibit 126: Kunal International - Product / Service
              • Exhibit 127: Kunal International - Key offerings
            • 12.8 Minda Corp. Ltd.
              • Exhibit 128: Minda Corp. Ltd. - Overview
              • Exhibit 129: Minda Corp. Ltd. - Product / Service
              • Exhibit 130: Minda Corp. Ltd. - Key news
              • Exhibit 131: Minda Corp. Ltd. - Key offerings
            • 12.9 Minda Industries Ltd.
              • Exhibit 132: Minda Industries Ltd. - Overview
              • Exhibit 133: Minda Industries Ltd. - Product / Service
              • Exhibit 134: Minda Industries Ltd. - Key offerings
            • 12.10 Prakant Electronics Pvt. Ltd.
              • Exhibit 135: Prakant Electronics Pvt. Ltd. - Overview
              • Exhibit 136: Prakant Electronics Pvt. Ltd. - Product / Service
              • Exhibit 137: Prakant Electronics Pvt. Ltd. - Key offerings
            • 12.11 Rado Products India
              • Exhibit 138: Rado Products India - Overview
              • Exhibit 139: Rado Products India - Product / Service
              • Exhibit 140: Rado Products India - Key offerings
            • 12.12 Sandhar Technologies Ltd
              • Exhibit 141: Sandhar Technologies Ltd - Overview
              • Exhibit 142: Sandhar Technologies Ltd - Product / Service
              • Exhibit 143: Sandhar Technologies Ltd - Key offerings
            • 12.13 Shubham Industries
              • Exhibit 144: Shubham Industries - Overview
              • Exhibit 145: Shubham Industries - Product / Service
              • Exhibit 146: Shubham Industries - Key offerings
            • 12.14 Sonu Auto Electronics
              • Exhibit 147: Sonu Auto Electronics - Overview
              • Exhibit 148: Sonu Auto Electronics - Product / Service
              • Exhibit 149: Sonu Auto Electronics - Key offerings
            • 12.15 Swiss Auto Pvt. Ltd.
              • Exhibit 150: Swiss Auto Pvt. Ltd. - Overview
              • Exhibit 151: Swiss Auto Pvt. Ltd. - Product / Service
              • Exhibit 152: Swiss Auto Pvt. Ltd. - Key offerings
            • 12.16 Ultra Tech Components India Pvt. Ltd
              • Exhibit 153: Ultra Tech Components India Pvt. Ltd - Overview
              • Exhibit 154: Ultra Tech Components India Pvt. Ltd - Product / Service
              • Exhibit 155: Ultra Tech Components India Pvt. Ltd - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 156: Inclusions checklist
                • Exhibit 157: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 158: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 159: Research methodology
                • Exhibit 160: Validation techniques employed for market sizing
                • Exhibit 161: Information sources
              • 13.5 List of abbreviations
                • Exhibit 162: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              two-wheeler ignition switch market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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