Global Two-wheeler Ignition Switch Market 2024-2028

Global Two-wheeler Ignition Switch Market 2024-2028


The two-wheeler ignition switch market is forecasted to grow by USD 292.99 mn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the two-wheeler ignition switch market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the integration of ignition switches with other features in two-wheelers, increasing electronic content in two-wheelers, and rising two-wheeler sales worldwide.

Technavio's two-wheeler ignition switch market is segmented as below:

By Type
  • Key-enabled
  • Keyless
By Application
  • Fuel two-wheeler
  • Electric two-wheeler
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the development of keyless ignition systems in two-wheelers as one of the prime reasons driving the two-wheeler ignition switch market growth during the next few years. Also, the development of biometric-based ignition systems and the shift to asian manufacturing bases by premium motorcycle makers will lead to sizable demand in the market.

The report on the two-wheeler ignition switch market covers the following areas:
  • Two-wheeler ignition switch market sizing
  • Two-wheeler ignition switch market forecast
  • Two-wheeler ignition switch market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading two-wheeler ignition switch market vendors that include Guangzhou Haijiguang Commercial and Trading Co. Ltd., Honeywell International Inc., JPM Group, JS Enterprises, Kunal International, Minda Corp. Ltd., Minda Industries Ltd., Prakant Electronics Pvt. Ltd., Rado Products India, Sandhar Technologies Ltd, Shubham Industries, Sonu Auto Electronics, Swiss Auto Pvt. Ltd., and Ultra Tech Components India Pvt. Ltd. Also, the two-wheeler ignition switch market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global two-wheeler ignition switch market 2018 - 2022
      • Table Historic Market Size – Data Table on global two-wheeler ignition switch market 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Key-enabled - Market size and forecast 2023-2028
      • Table Chart on Key-enabled - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Key-enabled - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Key-enabled - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Key-enabled - Year-over-year growth 2023-2028 (%)
    • Keyless - Market size and forecast 2023-2028
      • Table Chart on Keyless - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Keyless - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Keyless - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Keyless - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Fuel two-wheeler - Market size and forecast 2023-2028
      • Table Chart on Fuel two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Fuel two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Fuel two-wheeler - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Fuel two-wheeler - Year-over-year growth 2023-2028 (%)
    • Electric two-wheeler - Market size and forecast 2023- 2028
      • Table Chart on Electric two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Electric two-wheeler - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Electric two-wheeler - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Electric two-wheeler - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Integration of ignition switches with other features in two-wheelers
      • Increasing electronic content in two-wheelers
      • Rising two-wheeler sales worldwide
    • Market challenges
      • Recalls due to faulty ignition switches add to manufacturing costs
      • Increasing demand for electric two-wheelers
      • Increasing lead time for electrical components
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Development of keyless ignition systems in two-wheelers
      • Development of biometric-based ignition systems
      • Shift to Asian manufacturing bases by premium motorcycle makers
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Guangzhou Haijiguang Commercial and Trading Co. Ltd.
      • Table Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Overview
      • Table Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Product / Service
      • Table Guangzhou Haijiguang Commercial and Trading Co. Ltd. - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • JPM Group
      • Table JPM Group - Overview
      • Table JPM Group - Product / Service
      • Table JPM Group - Key offerings
    • JS Enterprises
      • Table JS Enterprises - Overview
      • Table JS Enterprises - Product / Service
      • Table JS Enterprises - Key offerings
    • Kunal International
      • Table Kunal International - Overview
      • Table Kunal International - Product / Service
      • Table Kunal International - Key offerings
    • Minda Corp. Ltd.
      • Table Minda Corp. Ltd. - Overview
      • Table Minda Corp. Ltd. - Product / Service
      • Table Minda Corp. Ltd. - Key news
      • Table Minda Corp. Ltd. - Key offerings
    • Minda Industries Ltd.
      • Table Minda Industries Ltd. - Overview
      • Table Minda Industries Ltd. - Product / Service
      • Table Minda Industries Ltd. - Key offerings
    • Prakant Electronics Pvt. Ltd.
      • Table Prakant Electronics Pvt. Ltd. - Overview
      • Table Prakant Electronics Pvt. Ltd. - Product / Service
      • Table Prakant Electronics Pvt. Ltd. - Key offerings
    • Rado Products India
      • Table Rado Products India - Overview
      • Table Rado Products India - Product / Service
      • Table Rado Products India - Key offerings
    • Sandhar Technologies Ltd
      • Table Sandhar Technologies Ltd - Overview
      • Table Sandhar Technologies Ltd - Product / Service
      • Table Sandhar Technologies Ltd - Key offerings
    • Shubham Industries
      • Table Shubham Industries - Overview
      • Table Shubham Industries - Product / Service
      • Table Shubham Industries - Key offerings
    • Sonu Auto Electronics
      • Table Sonu Auto Electronics - Overview
      • Table Sonu Auto Electronics - Product / Service
      • Table Sonu Auto Electronics - Key offerings
    • Swiss Auto Pvt. Ltd.
      • Table Swiss Auto Pvt. Ltd. - Overview
      • Table Swiss Auto Pvt. Ltd. - Product / Service
      • Table Swiss Auto Pvt. Ltd. - Key offerings
    • Ultra Tech Components India Pvt. Ltd
      • Table Ultra Tech Components India Pvt. Ltd - Overview
      • Table Ultra Tech Components India Pvt. Ltd - Product / Service
      • Table Ultra Tech Components India Pvt. Ltd - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings