Body Control Module Market To Attain Revenue USD 44.11 Bn By 2032

The global body control module market revenue was evaluated at USD 32.79 billion in 2022 and is expected to attain around USD 44.11 billion by 2032, growing at a CAGR of 3.01% from 2023 to 2032.

Body Control Module Market Size and Growth Rate From 2023 To 2032


The body control module is a critical element that can perform various tasks. It reads data from input devices. Based on this, the output devices are controlled using a LIN (Local Interconnect Network) or CAN (Controller Area Network), which is used for communication between various modules in the vehicle. Numerous electronic systems in the car control multiple functions, and all these electronic modules are controlled by the BCM.

The global body control module market is growing due to increased demand for advanced safety and comfort in vehicles, strict safety regulations imposed by the government on the automotive industry, and an increase in demand for automotive components. Moreover, the growing use of several electronic components in automotive vehicles creates complexity in controlling the units. Therefore, it increases the number of separate control modules for automotive parts for organizing electronic content, influencing industry growth.

Covid 19 Impact:

The body control module market is rapidly approaching pre-COVID levels, and a healthy growth rate is expected over the forecast period, fueled by economic recovery in most developing countries. The frequent suspension of public transportation systems and the virus's highly contagious nature increased the demand for passenger cars, resulting in an order for Body Control Module products. However, the anticipated third and subsequent pandemic waves create a bleak outlook.

Body Control Module Market Report Scope:

Report Coverage Details
Market Revenue in 2023 USD 33.78 Billion
Projected Forecast Revenue by 2032 USD 44.11 Billion
Growth Rate from 2023 to 2032 CAGR of 3.01%
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa


Market Dynamics:

Drivers:

Automated software boosting the control module market growth

Automotive SW market analysis combines a functional grouping of SW functionality with a value chain perspective. The market can be divided into several SW domains along the technology stack from a practical standpoint. The operating system and middleware are the low-level SW components that enable HW/SW separation and implement low-level functions. Powertrain, chassis, energy, body, ADAS/AD, infotainment, middleware, OS, connectivity, security, and connected services are the functional domains for SW functions running on ECUs, DCUs, or smart sensors. They examined how the SW development effort will evolve by 2030 for each part, based on the complexity of the SW functions and the influence of ACES trends.           

Restrains:

Technical failures and costly repairs hinder market growth.

The damage to the automotive electric control unit may invalidate the setting of engine fuels and timings, affecting the vehicle's performance negatively. This uses intermittent faults in cars, such as a fire or stall, and ECU failure causes fuel efficiency, acceleration, and power reduction. The control units are complex, and most interrelated controls influence each other. Therefore, if the control unit completely fails or is tampered with, it may cause vehicles to operate.

Opportunities:

Increase demand for electric vehicles future for the body control module market

The demand for electric and hybrid vehicles is increasing due to the increased need for pollution control systems and the implementation of stringent emission standards. Electric cars require body-controlling units to manage the electric energy and other equipment, such as the powertrain, battery, and transmission system. The growing trend of using eco-friendly and fuel-efficient vehicles boosts the growth of the body control module industry. Furthermore, the consistent support and massive funding from various governments for developing advanced technology in vehicles are expected to create a lucrative opportunity for the body control module market to expand.

Functionality Landscape:

Based on the functionality of the market is categorized into High-end BCM and low-end BCM systems. The high-end BCM segment dominates the market with an market share. The rising demand for concierge body functions inside the vehicle and handling such critical functions is imposing OEMs to use high-end body control modules in their vehicle variants. High-end BCM is installed with a higher configuration microcontroller and hardware component, making it capable of handling complex body control functions. These features make it the preferred choice for OEM for high-end variants of vehicle models.

Component Landscape:

Based on components, the market is categorized into hardware and software. The hardware component dominates the market with market share in 2022. This segment is influenced by most components' hardware, such as printed circuit boards, microcontrollers, input-output devices, bus transceivers, etc. The software segment is estimated to grow with a market share in the forecast period due to technological development.

Regional Landscape:

The Asia-Pacific region leads the "Global Body Control Module Market" due to the region's rapid adoption of new technology. North America and Europe are expected to increase due to proactive government support for developing novel technology over the forecast period. The global body control module market is expected to have a bright future due to high demand for passenger and heavy commercial vehicles, increased production of automotive vehicles, and the inclusion of more electronic units during the forecast period.

Due to rising demand for in-vehicle infotainment and communication apps in passenger vehicles, Asia Pacific will dominate the market with a revenue share in 2022. The rapid growth of the automotive industry in countries such as India, China, and South Korea provides numerous opportunities to incorporate ECU into new vehicles. Furthermore, rising demand for personal cars is driving automobile production and creating new avenues for market growth in this region.

Recent Development:

  • In 2021, Aptive PLC launched the next-generation ADAS platform for electric vehicles and automated cars.
  • In 2021, Motherson collaborated with Marelli automotive lighting to create a new tool room in India delicate to lighting applications.
  • In 2019, Toyota motor corporation announced that they agreed to establish a joint venture for research and advanced development of next-generation, In-vehicle semiconductors. Two companies will study the details and aim to establish a new company in April 2020, Toyota holds a 51% stake.

Major Key Players:

  • Continental AG
  • Delphi Automotive PLC
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Denso Corporation
  • HELLA
  • Mouser Electronics
  • Infineon Technologies AG
  • Harman International 
  • Tata Elxsi
  • Renesas Electronics Corporation

Market Segmentation:

By Functionality

  • High End
  • Low End

By Component

  • Hardware
  • Software

By MCU Bit Size

  • 8-bit
  • 16-bit
  • 32-bit

By Vehicle Type

  • Light-duty Vehicles
  • heavy Vehicles 

By Communication Protocol

  • CAN
  • LIN
  • FlexRay

By Distribution Channel

  • Relays
  • Fuses

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

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