Rising Vehicle Electrification Drives Growth in BCM Market

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2026-02-26 19:34:57

The global automotive body control module (BCM) market was valued at US$ 37.2 Bn in 2023 and is projected to reach US$ 59.0 Bn by the end of 2034, expanding at a CAGR of 4.0% from 2024 to 2034. Growth is being driven by rising vehicle electrification, increasing integration of advanced security systems, and expanding adoption of electronic components across vehicle platforms. Analyst Viewpoint...

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