Turkey automotive body
controller market is anticipated to grow at a steady CAGR during the forecast
period, 2023-2027. Factors such as an increase in sales of passenger
cars, a
growing automotive industry, and the rise in demand for luxury vehicles are the
primary factors driving the demand for Turkey automotive body controller
market. Also, the surge in adoption of advanced safety and comfort features in
automobiles and the growing popularity of autonomous
vehicles is
further expected to fuel the growth of the Turkey automotive body controller market
over the forecast period.
Increased Demand for Advanced
Features in Automobiles Drives the Market Growth
Due to the increased
disposable income of middle-class families and the highly competitive
automotive market, market players are willing to enhance the functionalities
and performance of automobiles. Automotive industry players are investing in
research and development activities to find innovative features and integrate
advanced functions in automobiles. The government is emphasizing the safety of
passengers while driving and working on lowering road accidents. Automakers
introduce advanced automotive features in automobiles that can collect
information about the expected road traffic and obstacles that can hinder the
smooth driving experiences. The availability of real-time data enables the
passengers to make informed decisions which also increases the passenger safety
while driving. Thus, the increased demand for advanced features such as anti-lock
braking systems,
climate control systems, power steering systems, and others in automobiles to
improve the driving experience is expected to bolster the Turkey automotive
body controller market growth in the coming years.
Favorable Government Policies
Supports the Market Demand
Turkey is home to many global
suppliers and boasts more than 1,000 component suppliers supporting the
original equipment manufacturers. Turkey is the biggest vehicle exporter to European
markets, and almost three-quarter of its production is for foreign markets.
Turkey follows strict technical regulations in the manufacturing and automotive
industry to meet the global as well as European Union requirements. The
automotive industry gets positively influenced by safety regulations
implemented by the government authorities. European Directive has introduced
detailed regulations to make sure that the passengers are safe during driving
by emphasizing vehicle safety and performance. Original equipment manufacturers
have introduced an anti-lock braking system (ABS) and keyless entry for the
passengers. Integration of safety features propels the demand for different
automotive body controllers to provide complete safety to passengers. Therefore,
the growing emphasis on vehicle and passenger safety is expected to boost the
market demand over the next five years.
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Market Segmentation
Turkey automotive body
controller market is segmented into vehicle type, component, range type, application,
regional distribution, and company. Based on vehicle type, the
market is divided into two-wheeler, passenger car, LCV, and M&HCV. Based on
component, the market is divided into hardware and software. Based on range
type, the market is bifurcated into high end and low end. Based on application,
the market is divided into engine control modules, transmission control
modules, powertrain control modules, electronic braking control modules,
steering control module, and others. Turkey automotive body
controller market is studied in major regions namely Marmara, Central Anatolia,
Aegean, Mediterranean, Black Sea, South-Eastern Anatolia, Eastern Anatolia.
Market Players
Visteon, NXP Semiconductors,
Robert Bosch GmbH, Lear Corporation, Infineon Technologies, Denso Corporation,
Aptiv PLC, Hella, Stmicroelectronics, are the major market players operating in
the Turkey automotive body controller market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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·
Vehicle Type
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Component
·
Range Type
·
Application
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Regional scope
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Marmara, Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern
Anatolia, Eastern Anatolia
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Key companies profiled
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Visteon, NXP Semiconductors, Robert Bosch
GmbH, Lear Corporation, Infineon Technologies, Denso Corporation, Aptiv PLC,
Hella, Stmicroelectronics
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Customization scope
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10% free report customization with purchase. Addition or alteration
to regional & segment scope.
|
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Pricing and purchase options
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Avail customized purchase options to meet
your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, Turkey automotive
body controller market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Turkey Automotive
Body Controller Market, By Vehicle Type:
- Two-Wheeler
- Passenger Car
- LCV
- M&HCV
- Turkey Automotive Body Controller Market, By Component:
- Turkey Automotive Body Controller Market, By Range:
- Turkey Automotive Body Controller Market, By Applictaion:
- Engine Control Modules
- Transmission Control Modules
- Powertrain Control Modules
- Electronic Braking Control Modules
- Steering Control Module
- Others
- Turkey Automotive
Body Controller Market, By Region:
- Marmara
- Central Anatolia
- Aegean
- Mediterranean
- Black Sea
- South-Eastern Anatolia
- Eastern Anatolia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Turkey automotive body controller
market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Turkey automotive body controller market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]