The body control module (BCM) in automotive is a processor-based power distribution component that supervises and controls functions related to the car body such as interior lights, security, windows, door locks and access control, and others. The central BCM also operates as a gateway for bus and network interfaces to interact with remote electronic control units (ECU) for other systems. Moreover, controlling signal of various loads comes directly from remote ECU via CAN/LIN communication or directly from the central body module. The BCM does not control any engine-related functions.
Based on parameter, the market is segmented into type, vehicle type, application, and region. At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global BCMmarket in 2019, whereas south Koreais expected to grow at a significant rate in Asia pacific during the forecast period.
The global BCM market is a very dynamic market and is expected to witness growth during the forecast period. The development of new and diversified technologies provides lucrative opportunities for the growth of the global BCM market.
The market is segmented into type, vehicle type, and application. On the basis of type, the market is categorized into CAN bus and LIN bus. On the basis of vehicle type, it is divided into passenger vehicle, electric vehicle and commercial vehicle. Passenger vehicle segment is further divided into hatchback, sedan, and sport utility vehicles. Whereas commercial vehicle segment is categorized into light commercial vehicle and heavy commercial vehicle. Also, on the basis of application, the market is segmented into interior and exterior. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Global body control module market trends are decided on the basis of forecast from 2020 to 2027.Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players such as Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Mitsubishi Electric Corporation, and Renesas Electronics Corporation are also provided in this report.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Technology
By Vehicle Type
By Component
By Region
Based on parameter, the market is segmented into type, vehicle type, application, and region. At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global BCMmarket in 2019, whereas south Koreais expected to grow at a significant rate in Asia pacific during the forecast period.
The global BCM market is a very dynamic market and is expected to witness growth during the forecast period. The development of new and diversified technologies provides lucrative opportunities for the growth of the global BCM market.
The market is segmented into type, vehicle type, and application. On the basis of type, the market is categorized into CAN bus and LIN bus. On the basis of vehicle type, it is divided into passenger vehicle, electric vehicle and commercial vehicle. Passenger vehicle segment is further divided into hatchback, sedan, and sport utility vehicles. Whereas commercial vehicle segment is categorized into light commercial vehicle and heavy commercial vehicle. Also, on the basis of application, the market is segmented into interior and exterior. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Global body control module market trends are decided on the basis of forecast from 2020 to 2027.Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players such as Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Mitsubishi Electric Corporation, and Renesas Electronics Corporation are also provided in this report.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents the analytical depiction of the automotive HVAC system marketalong with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Technology
- Automatic
- Manual
By Vehicle Type
- Passenger Car
- Commercial Vehicle
- Electric Vehicle
By Component
- Evaporator
- Compressor
- Condenser
- Receiver-drier
- Expansion Valve
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: BODY CONTROL MODULE MARKET, BY TYPE
CHAPTER 5: BODY CONTROL MODULE MARKET, BY VEHICLE TYPE
CHAPTER 6: BODY CONTROL MODULE MARKET, BY APPLICATION
CHAPTER 7: BODY CONTROL MODULE MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
Executive Summary
According to the report titled, 'Body Control Module Market by Type, Vehicle Type, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027.' the global body control module market was valued at $23.59 billion in 2019, and is projected to reach $30.13 billion by 2027, registering a CAGR of 3.1% from 2020 to 2027. By bus type, the CAN type segment was the highest revenue contributor in 2019, accounting for $15.14 billion, and is estimated to reach $18.77 billion by 2027, registering a CAGR of 2.7% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major BCM market share.Asia-Pacific is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. In Asia-Pacific, China dominated the global body control module market in 2019, whereas South Korea is expected to grow at a significant rate during the forecast period.
Body control module (BCM) in the automotive industry is a processor-based power distribution component, which supervises, and controls functions related to the car body such as interior lights, security, windows, door locks & access control, and others. In addition, central BCM operates as a gateway for bus and network interfaces to interact with remote electronic control units (ECU) for other systems; however, BCM does not control any engine-related functions. Moreover, controlling signal of various loads comes directly from remote ECU via CAN/LIN communication or directly from the central body module.
Control of various loads comes directly from remote ECU via CAN/LIN communication or directly from the central body module. The BCM does not control any engine-related functions. Furthermore, the BCMs include interior and exterior applications of the vehicles body such as sunroof control unit, anti-lock braking system, automotive seats, active steering, and others. The global BCM market is segmented on the basis of type, vehicle type, application, and region.
Currently, the body control module market has witnessed steady growth. Rise in demand for safety, comfort, and convenience features in vehicles globally, increase in purchasing power, and changes in lifestyles are the key factors that boost the sales of automobiles in the developing economies.
There is an increase in demand for vehicles with luxurious features in Europe and North America. Automotive manufacturing and sales ratio is high in Asia-Pacific, which boosts the growth of the body controlling modules market. Moreover, the companies such as HELLA, Robert BOSCH, Continental AG, and others are prominent body control modules manufacturers. Therefore, the use of BCM in luxurious vehicles is expected to boost the body control module market in the near future along with the need for driver assist system for vehicles.
The global body control module market is driven by increase in demand for advanced safety, comfort, and convenience features in vehicles, stringent regulations set by governments; and a rise in demand for automotive. However, surge in complexity is expected to restrict the market growth.
According to Pranav Padalkar, Lead Analyst, Automotive and Transportation, “By type, the CAN bus type segment is dominating the market, in terms of revenue. In addition, by vehicle type segment, the electric vehicle segment will dominate the global body control module market in 2027. Furthermore, by application, the exterior segment is expected to dominate the market in terms of revenue. Region-wise, Asia-Pacific is anticipated to be the highest revenue contributor, and the same regions expected to lead in the future, followed by LAMEA, North America, and Europe.”
KEY FINDINGS OF THE STUDY
- In 2019, by type, the CAN bus type segment generated the highest revenue.
- In 2019, by vehicle type, the passenger car vehicle segment was the highest revenue contributor.
- In 2019, by application, the interior segment was the highest revenue contributor.
- In 2019, region-wise, Asia-Pacific contributed the highest revenue, followed by LAMEA, North America, and Europe.
The key players analyzed in the body control module market report include Continental AG (Germany), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Delphi Automotive PLC (UK), HELLA, Texas Instruments Inc., Mouser Electronics, Infineon Technologies AG, Mitsubishi Electric Corporation, and Renesas Electronics Corporation.
Companies Mentioned
- Continental AG (Germany)
- Denso Corporation (Japan)
- Robert Bosch GmbH (Germany)
- Delphi Automotive PLC (UK)
- HELLA
- Texas Instruments Inc.
- Mouser Electronics
- Infineon Technologies AG
- Mitsubishi Electric Corporation
- Renesas Electronics Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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