The global body control module market is projected to grow at a CAGR of 2.6% during the forecast period, to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. Factors such as increasing body electronic functions in modern vehicles and cost benefits associated with body control module would drive the growth of the market.
The major market players include Bosch (Germany), Continental (Germany), Lear Corporation (US), Aptiv (UK), Denso Corporation (Japan), NXP (Netherlands), Visteon (US), Autoliv (Sweden), Infineon (Germany) and Hella (Germany). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to expand their presence in the global market. Companies and new product launches have helped the key players innovate their offerings and broaden their customer base.
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Infineon (Germany) is a leading player in the global body control module market. The company offers varieties of body control module to its customers. In September 2018, Infineon introduced two new System Basis Chip (SBC) families: Lite and Mid-Range+. They are the first SBCs on the market supporting the ISO CAN FD protocol for communication at 5 Mbit/s for a large variety of automotive applications. The new Infineon Lite SBCs are the entry-level SBCs at optimized system costs. They incorporate one CAN transceiver to address a broad range of applications such as in-cabin wireless charger, NO x sensor, gear shifter, or light control units. The Mid-Range+ SBCs are more powerful devices with one CAN and up to two LIN transceivers to support e.g. body control modules and gateway modules. Also, in November 2016, Infineon introduced a new protocol variant CAN FD (CAN Flexible Data-rate) that allows a higher data bandwidth and transmission speed. This saves time in programming, tests, and diagnostic routines as well as for software updates over the air (SOTA). The TLE925x CAN FD transceivers are used, for example, in body control modules and gateways, in power steering, engine and transmission control units as well as in radar and camera-based driver assistance systems.
In the body control module market, Continental is a major player. In March 2019, Continental started operation of its new research and development (R&D) center in Chongqing. The lab would focus on the development of car body and powertrain products and automotive electronics products including solutions, in particular, the development and testing in the areas of smart keys, car body controllers, and transmission controllers. Also, in March 2017, Continental and Cypress Semiconductor announced a partnership that would allow Continental to use Cypress’ automotive microcontrollers (MCUs) for its next-generation body electronics platform. The Traveo II MCU Family supports a variety of Continental’s products, including central body control modules, door, window, and sunroof control units, seat control units, smartphone terminals, and wireless power charging units. Featuring advanced peripherals, including support for the CAN-FD, Ethernet, and FlexRay communication protocols, Traveo II MCUs offer scalability and pin-compatibility from the low-end to the high-end.
Body Control Module Market by Functionality (High End & Low End), Component (Hardware & Software), MCU Bit Size (8 bit, 16 bit & 32 bit), Communication Protocol, Power Distribution Component, Vehicle, Electric Vehicle, and Region - Global Forecast to 2027
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