Automotive Steering Wheel Switch Market to Reach $2.2 Billion, Globally, by 2032 at 2.3% CAGR: Allied Market Research [Yahoo! Finance]
Standard Motor Products, Inc. (SMP)
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Source: Yahoo! Finance
sales and production, and ongoing technological advancements in the automotive industry. WILMINGTON, Del. Aug. 27, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Automotive Steering Wheel Switch Market by Type (Split and Modular) and Vehicle Type (Passenger Vehicles and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2023-2032" . According to the report, the automotive steering wheel switch market was valued at $1.8 billion in 2022, and is estimated to reach $2.2 billion by 2032, growing at a CAGR of 2.3% from 2023 to 2032. Prime determinants of growth The global automotive steering wheel switch market is experiencing growth due to several factors such as surge in demand for driver assistance and other safety features, rise in vehicle sales and production, and technological advancements in the automotive industry. Moreover, increase in aftermarket demand and advancements in the electric vehicle technology are expected to offer re
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SMP
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- 10/30/24 - Beat
SMP
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- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- SMP's page on the SEC website