Market Overview:
The global automotive neutral safety switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The global automotive neutral safety switches market is segmented on the basis of type, application, and region. Some of key players operating in this market include TE Connectivity Ltd., Honeywell International Inc., Eaton Corporation Plc.
Product Definition:
An automotive Neutral Safety Switch, sometimes called a "kill switch," is a safety device used in vehicles with manual transmissions. The purpose of the Neutral Safety Switch is to prevent the vehicle from being started while it is in gear. This prevents the vehicle from accidentally being driven while someone is trying to change gears.
Push On Automotive Neutral Safety Switches:
The global push on automotive neutral safety switches market size was valued at USD 5.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising demand for automobiles, increasing production capacities, and growing sales of luxury cars are some of the factors that are anticipated to drive growth in this industry during the forecast period.
Safety has always been one of the primary concerns across all industries.
Push Off Automotive Neutral Safety Switches:
The push off automotive neutral safety switches are a group of three or more buttons that when pushed simultaneously with the brake pedal, causes all the hazard lights to go off and also puts the vehicle in park.
These switches are located on either side of the steering wheel, usually within easy reach of each hand.
Application Insights:
Passenger car application segment led the market in 2017 and is projected to maintain its dominance over the forecast period. The introduction of advanced safety systems has resulted in a decline in the number of fatalities on roads. As a result, automotive manufacturers are focusing on enhancing passenger safety by deploying neutral safety switches that prevent vehicle rollback situations.
The commercial vehicle application segment is expected to register significant growth over the forecast period owing to increasing demand for trucks and buses from various end-use industries such as mining, construction, etc. Moreover, growing emphasis towards improving road infrastructure across developing countries including China India & Brazil will further boost product demand over the next eight years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to stringent regulations by government organizations, such as National Highway Traffic Safety Administration (NHTSA), and Department of Transportation (DOT). These organizations have laid down rules for manufacturers about safety features in vehicles, which are then followed strictly by them.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing demand from developing countries such as India and China. Furthermore, rising disposable income coupled with growing consumer awareness regarding vehicle safety features will drive regional product demand further. Increasing penetration of electric vehicles across these regions will also contribute significantly towards industry growth over the forecast period (2018-2030).
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Growing automotive industry in developing countries
- Rising vehicle production in Asia Pacific region
- Technological advancements in automotive safety switches
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Neutral Safety Switches Market Research Report
By Type
Push On Automotive Neutral Safety Switches, Push Off Automotive Neutral Safety Switches, Normally Opened Automotive Neutral Safety Switches, Normally Closed Automotive Neutral Safety Switche
By Application
Passenger Car, Commercial Vehicle
By Companies
Pricol, JC Whitney, Mitsubishi Neutral Safety Switch Parts, Nisaan Neutral Safety Switch Parts, M & M Machine Craft, M D Industries, M V D Auto Components, Macas Automotive, Machino Plastic, Pricol
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Neutral Safety Switches Market Report Segments:
The global Automotive Neutral Safety Switches market is segmented on the basis of:
Types
Push On Automotive Neutral Safety Switches, Push Off Automotive Neutral Safety Switches, Normally Opened Automotive Neutral Safety Switches, Normally Closed Automotive Neutral Safety Switche
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pricol
- JC Whitney
- Mitsubishi Neutral Safety Switch Parts
- Nisaan Neutral Safety Switch Parts
- M & M Machine Craft
- M D Industries
- M V D Auto Components
- Macas Automotive
- Machino Plastic
- Pricol
Highlights of The Automotive Neutral Safety Switches Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Push On Automotive Neutral Safety Switches
- Push Off Automotive Neutral Safety Switches
- Normally Opened Automotive Neutral Safety Switches
- Normally Closed Automotive Neutral Safety Switche
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Neutral Safety Switches Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive neutral safety switches are a type of switch used in automobiles to turn off the engine when the car is stopped on a hill or in traffic.
Some of the major companies in the automotive neutral safety switches market are Pricol, JC Whitney, Mitsubishi Neutral Safety Switch Parts, Nisaan Neutral Safety Switch Parts, M & M Machine Craft, M D Industries, M V D Auto Components, Macas Automotive, Machino Plastic, Pricol.
The automotive neutral safety switches market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Neutral Safety Switches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Neutral Safety Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Neutral Safety Switches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Neutral Safety Switches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Neutral Safety Switches Market Size & Forecast, 2020-2028
4.5.1 Automotive Neutral Safety Switches Market Size and Y-o-Y Growth
4.5.2 Automotive Neutral Safety Switches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Push On Automotive Neutral Safety Switches
5.2.2 Push Off Automotive Neutral Safety Switches
5.2.3 Normally Opened Automotive Neutral Safety Switches
5.2.4 Normally Closed Automotive Neutral Safety Switche
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Neutral Safety Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Neutral Safety Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Push On Automotive Neutral Safety Switches
9.6.2 Push Off Automotive Neutral Safety Switches
9.6.3 Normally Opened Automotive Neutral Safety Switches
9.6.4 Normally Closed Automotive Neutral Safety Switche
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Push On Automotive Neutral Safety Switches
10.6.2 Push Off Automotive Neutral Safety Switches
10.6.3 Normally Opened Automotive Neutral Safety Switches
10.6.4 Normally Closed Automotive Neutral Safety Switche
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Push On Automotive Neutral Safety Switches
11.6.2 Push Off Automotive Neutral Safety Switches
11.6.3 Normally Opened Automotive Neutral Safety Switches
11.6.4 Normally Closed Automotive Neutral Safety Switche
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Push On Automotive Neutral Safety Switches
12.6.2 Push Off Automotive Neutral Safety Switches
12.6.3 Normally Opened Automotive Neutral Safety Switches
12.6.4 Normally Closed Automotive Neutral Safety Switche
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Push On Automotive Neutral Safety Switches
13.6.2 Push Off Automotive Neutral Safety Switches
13.6.3 Normally Opened Automotive Neutral Safety Switches
13.6.4 Normally Closed Automotive Neutral Safety Switche
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Neutral Safety Switches Market: Competitive Dashboard
14.2 Global Automotive Neutral Safety Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pricol
14.3.2 JC Whitney
14.3.3 Mitsubishi Neutral Safety Switch Parts
14.3.4 Nisaan Neutral Safety Switch Parts
14.3.5 M & M Machine Craft
14.3.6 M D Industries
14.3.7 M V D Auto Components
14.3.8 Macas Automotive
14.3.9 Machino Plastic
14.3.10 Pricol
