PUBLISHER: TechNavio | PRODUCT CODE: 1748556
PUBLISHER: TechNavio | PRODUCT CODE: 1748556
The two-wheeler ignition switch market is forecasted to grow by USD 306.8 mn during 2024-2029, accelerating at a CAGR of 6.7% during the forecast period. The report on the two-wheeler ignition switch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by integration of ignition switches with other features in two-wheelers, increasing electronic content in two-wheelers, and rising two-wheeler sales worldwide.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 5.8% |
CAGR | 6.7% |
Incremental Value | $306.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's two-wheeler ignition switch market is segmented as below:
By Type
By Application
By Vehicle Type
By End-user
By Geographical Landscape
This study identifies the development of keyless ignition systems in two-wheelers as one of the prime reasons driving the two-wheeler ignition switch market growth during the next few years. Also, development of biometric-based ignition systems and shift to asian manufacturing bases by premium motorcycle makers will lead to sizable demand in the market.
The report on the two-wheeler ignition switch market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading two-wheeler ignition switch market vendors that include Honeywell International Inc., JPM Group, JS Enterprises, Kunal International, Minda Industries Ltd., Prakant Electronics Pvt. Ltd., Rado Products India, Sandhar Technologies Ltd., Sonu Auto Electronics, Swiss Auto Pvt. Ltd., and Ultra Tech Components India Pvt. Ltd. Also, the two-wheeler ignition switch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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