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Global Two-wheeler Ignition Switch Market 2019-2023

Global Two-wheeler Ignition Switch Market 2019-2023

About this market

The premium motorcycle makers shitting focus to Asia for manufacturing to drive market growth. Motorcycles hold a significant share in the global two-wheeler market. New technologies and electrical connections that need to be activated with ignition switches are increasing in premium motorcycles. The inclusion of new technologies is raising manufacturing costs. The ongoing trend of shifting manufacturing plants to Asian countries, including India and China, will prove hugely beneficial for motorcycle manufacturers. Technavio’s analysts have predicted that the Two-wheeler Ignition Switch market will register a CAGR of almost 8% by 2023.

Market Overview

Increase in two-wheeler sales in Asian market

The global two-wheeler ignition switch market depends on the production volume of two-wheelers. As Asia is the largest market for two-wheelers, the region holds a significant share of the two-wheeler ignition switch market. In Asia, the growing need for daily commuting, especially in India and China among others, is seeing a surge in demand for two-wheelers. Consequently, demand for two-wheeler ignition switches is going up.

Increasing lead time for electrical components

Supply chain and its visibility play an important role in the upstream side of every manufacturing process. The automotive industry, which makes use of multiple components has a complex supply chain and this renders it difficult to maintain supply chain visibility.

For the detailed list of factors that will drive and challenge the growth of the two-wheeler ignition switch market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including UNO Minda and Zadi the competitive environment is quite intense. Factors such as the premium motorcycle makers shitting focus to Asia for manufacturing and the increase in two-wheeler sales in Asian market, will provide considerable growth opportunities to two-wheeler ignition switch manufactures. JPM Group, Sandhar, Spark Minda, UNO Minda, and Zadi are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive components market
      • Table Segments of global automotive components market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Key-enabled - Market size and forecast 2018-2023
      • Table Key-enabled - Market size and forecast 2018-2023 ($ millions)
      • Table Key-enabled - Year-over-year growth 2019-2023 (%)
    • Keyless - Market size and forecast 2018-2023
      • Table Keyless - Market size and forecast 2018-2023 ($ millions)
      • Table Keyless - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
      • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of keyless ignition system in two-wheelers
    • Development of biometric-based ignition system
    • Premium motorcycle makers shifting focus to Asia for manufacturing
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • JPM Group
      • Table JPM Group - Vendor overview
      • Table JPM Group - Product segments
      • Table JPM Group - Key offerings
    • Sandhar
      • Table Sandhar - Vendor overview
      • Table Sandhar - Business segments
      • Table Sandhar - Organizational developments
      • Table Sandhar - Segment focus
      • Table Sandhar - Key offerings
    • Spark Minda
      • Table Spark Minda - Vendor overview
      • Table Spark Minda - Business segments
      • Table Spark Minda - Organizational developments
      • Table Spark Minda - Geographic focus
      • Table Spark Minda - Segment focus
      • Table Spark Minda - Key offerings
    • UNO Minda
      • Table UNO Minda - Vendor overview
      • Table UNO Minda - Business segments
      • Table UNO Minda - Organizational developments
      • Table UNO Minda - Geographic focus
      • Table UNO Minda - Segment focus
      • Table UNO Minda - Key offerings
    • Zadi
      • Table Zadi - Vendor overview
      • Table Zadi - Product segments
      • Table Zadi - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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