Market Overview:
The global automotive reed switches market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric and hybrid vehicles, rising vehicle production, and growing demand for advanced safety features in vehicles. The global automotive reed switches market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into surface mount reed switches, through hole reed switches, threaded panel mount reed switches, and others (including sub-miniature). On the basis of application, the market is divided into commercial vehicles and passenger cars.
Product Definition:
An automotive reed switch is a type of electrical switch that uses a pair of metal contacts, called reeds, that are made to touch each other by the application of a magnetic field. When the magnet is removed, the contacts spring back to their original positions. Reed switches are often used as proximity sensors in automobiles because they can be triggered by objects passing near them without making physical contact.
Surface Mount:
Surface mount reed switches are small, single-sided semiconductor devices used in printed circuit boards for on/off purposes. They are available in a variety of forms and have applications across numerous sectors. Reed switches can be characterized as linear or nonlinear depending upon their internal construction; linear type is preferred by manufacturers while selecting components for automotive applications owing to its high accuracy and reliability features.
Through Hole:
The through hole is the part of an integrated circuit (IC) where the drill bit comes in direct contact with the IC. The term “through-hole” is used for referring to a single pin or lead that extends through one side of an IC and makes electrical contact on the other side. Through hole components are fabricated in factories by using automated machinery, which drills a large number of holes at once to produce components as per customer requirements.
Application Insights:
The commercial vehicles segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for passenger cars by mid-level income groups across developing countries such as China, India and Brazil. These countries are registering significant growth in their automotive sectors which, in turn, is expected to boost industry expansion over the coming years.
Passenger car drivers generally prefer open highways with fewest possible interruptions while traveling long distances; this factor has led to increased adoption of reed switches on dashboards of passenger cars for comfort and safety during long trips or highway driving experience enthusiasts¢â‚¬â„¢ delightfully unpredictable moments when they push all limits off road on twisty mountain roads or through hairpin turns at high speeds down winding country lanes (yes that's right!).
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising disposable income, increasing vehicle production, and favorable government regulations. China is a major contributor to regional growth owing to its large population and market size. In addition, growing demand for commercial vehicles in India will drive the Asia Pacific reed switches market over the forecast period.
North America was estimated at USD X million in 2017 owing to high demand from key markets including Mexico and Canada followed by Europe due to high automotive production across countries such as Germany, Italy, Spain etc.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand from the Asia Pacific region
- Growing automotive electronics market
- Technological advancements in reed switches
- Stringent government regulations for vehicle emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Reed Switches Market Research Report
By Type
Surface Mount, Through Hole, Threaded Panel, Others
By Application
Commercial Vehicles, Passenger Cars
By Companies
Bimba Manufacturing, Aleph, TE Connectivity, Thomas White, SMC Corporation, Comus International, Coto Technology, GE-Ding Information, Standex-Meder Electronics, Hamlin Electronics, STG, OKI Sensor Device, Reed Switch Development Corporation
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Reed Switches Market Report Segments:
The global Automotive Reed Switches market is segmented on the basis of:
Types
Surface Mount, Through Hole, Threaded Panel, Others
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
Commercial Vehicles, Passenger Cars
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:
- Bimba Manufacturing
- Aleph
- TE Connectivity
- Thomas White
- SMC Corporation
- Comus International
- Coto Technology
- GE-Ding Information
- Standex-Meder Electronics
- Hamlin Electronics
- STG
- OKI Sensor Device
- Reed Switch Development Corporation
Highlights of The Automotive Reed 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:
- Surface Mount
- Through Hole
- Threaded Panel
- Others
- By Application:
- Commercial Vehicles
- Passenger Cars
- 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 Reed 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Reed Switches are used in automotive applications to turn on and off various electrical systems within the car. They are also used to control the brightness of headlights, taillights, and other vehicle lighting.
Some of the major companies in the automotive reed switches market are Bimba Manufacturing, Aleph, TE Connectivity, Thomas White, SMC Corporation, Comus International, Coto Technology, GE-Ding Information, Standex-Meder Electronics, Hamlin Electronics, STG, OKI Sensor Device, Reed Switch Development Corporation.
The automotive reed 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 Reed 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 Reed Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Reed 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 Reed 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 Reed Switches Market Size & Forecast, 2018-2028
4.5.1 Automotive Reed Switches Market Size and Y-o-Y Growth
4.5.2 Automotive Reed Switches Market Absolute $ Opportunity
Chapter 5 Global Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Type
5.2.1 Surface Mount
5.2.2 Through Hole
5.2.3 Threaded Panel
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Reed 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 Reed 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 Automotive Reed Switches Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Type
9.6.1 Surface Mount
9.6.2 Through Hole
9.6.3 Threaded Panel
9.6.4 Others
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 Automotive Reed Switches Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger Cars
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 Automotive Reed Switches Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Type
10.6.1 Surface Mount
10.6.2 Through Hole
10.6.3 Threaded Panel
10.6.4 Others
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 Automotive Reed Switches Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger Cars
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 Automotive Reed Switches Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Type
11.6.1 Surface Mount
11.6.2 Through Hole
11.6.3 Threaded Panel
11.6.4 Others
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 Automotive Reed Switches Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger Cars
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 Automotive Reed Switches Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Reed Switches 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 Automotive Reed Switches Market Size Forecast by Type
12.6.1 Surface Mount
12.6.2 Through Hole
12.6.3 Threaded Panel
12.6.4 Others
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 Automotive Reed Switches Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger Cars
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) Automotive Reed Switches Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Reed Switches 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) Automotive Reed Switches Market Size Forecast by Type
13.6.1 Surface Mount
13.6.2 Through Hole
13.6.3 Threaded Panel
13.6.4 Others
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) Automotive Reed Switches Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger Cars
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 Reed Switches Market: Competitive Dashboard
14.2 Global Automotive Reed Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bimba Manufacturing
14.3.2 Aleph
14.3.3 TE Connectivity
14.3.4 Thomas White
14.3.5 SMC Corporation
14.3.6 Comus International
14.3.7 Coto Technology
14.3.8 GE-Ding Information
14.3.9 Standex-Meder Electronics
14.3.10 Hamlin Electronics
14.3.11 STG
14.3.12 OKI Sensor Device
14.3.13 Reed Switch Development Corporation
