Body Control Module Market Size

Body Control Module Market size was over USD 35.84 billion in 2024 and is poised to exceed USD 73.68 billion by 2037, growing at over 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of body control module is evaluated at USD 37.47 billion. The market growth is mainly owing to the increased demand for advanced vehicle safety, comfort and convenience, stringent regulations from the government; increasing demand for automobiles. At the same time, research is also being conducted on manufacturing low-cost control modules, which is expected to spur market growth. Demand for active safety features such as driver assistance systems in automobiles is increasing and is expected to drive the growth of market during the forecast period. Rising demand for electric and hybrid vehicles, increasing global sales of automobiles, and increasing need for advanced driver assistance features in new vehicles are expected to boost the growth of the market in the near future. Between 2012 and the year 2021, around 18 million electric vehicles were sold worldwide.

In addition to this, as the population increases, the demand for automobiles is increasing year by year. As a result, more and more people are taking out auto loans to buy new cars. The global body control module market is expected to escalate during the forecast period owing to the ease of choosing auto finance with easy EMI options and digital approvals. For instance, it was noted that US auto loans reached nearly USD 1 trillion in the year 2019, up 6.5% from the year 2018. Hence, this is anticipated to be a prime factor to fuel the growth of the global market notably over the forecast period. The Automotive Central Body Control Module (BCM) is a processor-based power distribution center that controls many body-related functions, including: Such as door modules, interior and exterior lighting, windows, security, door locks and access control, and various security features. In general, a Body Control Module (BCM) is a type of embedded system used to control the vehicle's electrical system. These factors are predicted to present the potential for market expansion over the projected period.