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Global Automotive Reed Switches/Sensors Market Size study & Forecast, by Application (Cruise Control, Infotainment Systems, Safety Systems, and Other Applications), Vehicle Type (Passenger Car and Commercial Vehicle) and Regional Analysis, 2022-2029

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LSH 23.05.23

Global Automotive Reed Switches/Sensors Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Automotive Reed Switches/Sensors have been used to alert the driver as an effective passive safety system. Reed sensors for early brake sensing are one of the most common and important applications of automotive reed sensors as mechanisms to alert drivers about potential collisions or accidents while applying brakes. The Automotive Reed Switches/Sensors market is expanding because of factors such as the rising growth across the automotive industry and growing cases of accidents.

Rising automotive manufacturing industry is driving the market growth. According to Statista in 2022, the global automotive manufacturing market was worth around USD 2.86 trillion in 2021. By 2022, the market is estimated to grow and reach around USD 2.95 trillion. Whereas rising demand for effective safety systems and technological advancement and innovations create lucrative opportunities for the market. However, the threat of substitutes hampers market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Automotive Reed Switches/Sensors Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing awareness of the rising cases of accidents, growing demand for safety devices, and growth across the automotive sector. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing penetration of market players and favorable growth activities.

Major market players included in this report are:

  • Aleph America Corporation
  • Coto Technology
  • SMC Corp.
  • TE Connectivity Ltd
  • Littelfuse Inc.
  • Continental AG
  • Reed Relays and Electronics India Limited
  • Standex International Corp.
  • PIC GmbH
  • The Montague Company

Recent Developments in the Market:

  • In July 2018, Hyundai Motor India Ltd (HMIL) announced that its Sriperumbudur-based manufacturing plant would be ready in time to meet the industry's mandatory safety and emission standards in 2019.

Global Automotive Reed Switches/Sensors Market Report Scope:

  • Historical Data: 2019-2020-2021
  • Base Year for Estimation: 2021
  • Forecast period: 2022-2029
  • Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered: Application, Vehicle Type, Region
  • Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
  • Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Application:

  • Cruise Control
  • Infotainment Systems
  • Safety Systems
  • Other Applications

By Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

By Region:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
    • 1.2.1. Automotive Reed Switches/Sensors Market, by Region, 2019-2029 (USD Billion)
    • 1.2.2. Automotive Reed Switches/Sensors Market, by Application, 2019-2029 (USD Billion)
    • 1.2.3. Automotive Reed Switches/Sensors Market, by Vehicle Type, 2019-2029 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Automotive Reed Switches/Sensors Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Automotive Reed Switches/Sensors Market Dynamics

  • 3.1. Automotive Reed Switches/Sensors Market Impact Analysis (2019-2029)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rising growth across automotive industry
      • 3.1.1.2. Growing cases of accidents
    • 3.1.2. Market Challenges
      • 3.1.2.1. Threat of substitute
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising demand for effective safety systems
      • 3.1.3.2. Technological advancement and innovations

Chapter 4. Global Automotive Reed Switches/Sensors Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
  • 4.4. Investment Adoption Model
  • 4.5. Analyst Recommendation & Conclusion
  • 4.6. Top investment opportunity
  • 4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the industry
  • 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Automotive Reed Switches/Sensors Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Automotive Reed Switches/Sensors Market by Application, Performance - Potential Analysis
  • 6.3. Global Automotive Reed Switches/Sensors Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
  • 6.4. Automotive Reed Switches/Sensors Market, Sub-Segment Analysis
    • 6.4.1. Cruise Control,
    • 6.4.2. Infotainment Systems,
    • 6.4.3. Safety Systems,
    • 6.4.4. Other Applications

Chapter 7. Global Automotive Reed Switches/Sensors Market, by Vehicle Type

  • 7.1. Market Snapshot
  • 7.2. Global Automotive Reed Switches/Sensors Market by Vehicle Type, Performance - Potential Analysis
  • 7.3. Global Automotive Reed Switches/Sensors Market Estimates & Forecasts by Vehicle Type 2019-2029 (USD Billion)
  • 7.4. Automotive Reed Switches/Sensors Market, Sub Segment Analysis
    • 7.4.1. Passenger Car
    • 7.4.2. Commercial Vehicle

Chapter 8. Global Automotive Reed Switches/Sensors Market, Regional Analysis

  • 8.1. Automotive Reed Switches/Sensors Market, Regional Market Snapshot
  • 8.2. North America Automotive Reed Switches/Sensors Market
    • 8.2.1. U.S. Automotive Reed Switches/Sensors Market
      • 8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
      • 8.2.1.2. Vehicle Type breakdown estimates & forecasts, 2019-2029
    • 8.2.2. Canada Automotive Reed Switches/Sensors Market
  • 8.3. Europe Automotive Reed Switches/Sensors Market Snapshot
    • 8.3.1. U.K. Automotive Reed Switches/Sensors Market
    • 8.3.2. Germany Automotive Reed Switches/Sensors Market
    • 8.3.3. France Automotive Reed Switches/Sensors Market
    • 8.3.4. Spain Automotive Reed Switches/Sensors Market
    • 8.3.5. Italy Automotive Reed Switches/Sensors Market
    • 8.3.6. Rest of Europe Automotive Reed Switches/Sensors Market
  • 8.4. Asia-Pacific Automotive Reed Switches/Sensors Market Snapshot
    • 8.4.1. China Automotive Reed Switches/Sensors Market
    • 8.4.2. India Automotive Reed Switches/Sensors Market
    • 8.4.3. Japan Automotive Reed Switches/Sensors Market
    • 8.4.4. Australia Automotive Reed Switches/Sensors Market
    • 8.4.5. South Korea Automotive Reed Switches/Sensors Market
    • 8.4.6. Rest of Asia Pacific Automotive Reed Switches/Sensors Market
  • 8.5. Latin America Automotive Reed Switches/Sensors Market Snapshot
    • 8.5.1. Brazil Automotive Reed Switches/Sensors Market
    • 8.5.2. Mexico Automotive Reed Switches/Sensors Market
  • 8.6. Rest of The World Automotive Reed Switches/Sensors Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Aleph America Corporation
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Coto Technology
    • 9.2.3. SMC Corp.
    • 9.2.4. TE Connectivity Ltd
    • 9.2.5. Littelfuse Inc.
    • 9.2.6. Continental AG
    • 9.2.7. Reed Relays and Electronics India Limited
    • 9.2.8. Standex International Corp.
    • 9.2.9. PIC GmbH
    • 9.2.10. The Montague Company

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption
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