The global Body Control Module Market is projected to grow at a CAGR of 2.6% to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. The body control module is the processor-based power distribution center that supervises and controls the function related to vehicle body like lights, windows, door locks, security, access, and comfort controls. The body control module also acts as a gateway for the bus and network interfaces to interact with remote modules for other systems. Monitoring of various loads comes directly from remote ECU via CAN, LIN, and Flexray communication protocols.
By Functionality: High-end BCM is the fastest-growing segment of the body control module market during the forecast period
High-end BCM is installed with higher configuration microcontrollers and other hardware components making it capable of handling complex body control functions. These features make it a preferred choice for OEM for their high-end variants of vehicle models. People nowadays are preferring to buy vehicles installed with advanced body control functions such as power windows, automatic trunk openers, keyless entry, etc. The installation rate of high-end BCM in vehicles has increased in the last few years, and the trend is expected to remain the same in the future.
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By Vehicle Type: Heavy-duty vehicle is expected to be the fastest-growing segment in the body control module market
The heavy-duty vehicle includes trucks and buses. Trucks are installed with a single BCM, whereas buses are installed with two BCM. The road transportation sector across the globe is boosting. Road conditions in the developing region are improving. Transportation companies in developing regions are focusing on buying trucks that cater to their commercial benefits. On the other hand, public transportation in developing and other countries is increasing, resulting in increased sales of buses. Governments and transportation authorities across the globe are emphasizing developing environment-friendly vehicles. These are a few of the factors that are contributing to the growth of the heavy-duty vehicle market for the body control module.
By Region: RoW is expected to be the fastest-growing region by 2027 in the body control module market
Most Tier I, II suppliers, and OEMs are focusing on the automotive market of the Rest of the world. Countries in the rest of the world category are becoming self-dependent and economically stable. The production of vehicles in this region is increasing day by day. People in these countries are also looking out for high featured vehicles. This is the reason for the growth of the body control module in the rest of the world region.
Key Players:
The major market players include Bosch (Germany), Continental (Germany), Lear Corporation (US), Hella (Germany), and Aptiv (UK), among others.
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