The global Automotive Reed Sensors & Switches market was valued at US$ 95 million in 2022 and is projected to reach US$ 127.4 million by 2035, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The reed switch is an electrical switch operated by an applied magnetic field.
This report aims to provide a comprehensive presentation of the global market for Automotive Reed Sensors & Switches, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Reed Sensors & Switches. This report contains market size and forecasts of Automotive Reed Sensors & Switches in global, including the following market information:
Global Automotive Reed Sensors & Switches Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global Automotive Reed Sensors & Switches Market Sales, 2018-2023, 2024-2035, (K Units)
Global top five Automotive Reed Sensors & Switches companies in 2022 (%)
The growing automobile sector in the Asia-Pacific region, with India and China emerging as automotive part manufacture hubs for the western automobile giants, is expected to drive the market for reed switches in this region. Over the past couple of years, the reed switch market in the Asia-Pacific region has grown rapidly, with a global share of around 35%, followed by North America and Europe. In a nutshell, automobile makers are now focusing on sourcing for more reliable sensors, like that of reed switches that are also economically feasible.
We surveyed the Automotive Reed Sensors & Switches manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Reed Sensors & Switches Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Automotive Reed Sensors & Switches Market Segment Percentages, by Type, 2022 (%)
- Surface Mount
- Through Hole
- Others
Global Automotive Reed Sensors & Switches Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Automotive Reed Sensors & Switches Market Segment Percentages, by Application, 2022 (%)
- Passenger Car
- Commercial Vehicle
Global Automotive Reed Sensors & Switches Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Automotive Reed Sensors & Switches Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive Reed Sensors & Switches revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automotive Reed Sensors & Switches revenues share in global market, 2022 (%)
- Key companies Automotive Reed Sensors & Switches sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Automotive Reed Sensors & Switches sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- TE Connectivity
- Coto Technology
- Littelfuse
- OKI Sensor Device
- PIC GmbH
- SMC Corporation
- Standex International
- STG Germany GmbH
- White Thomas
- Comus International
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Reed Sensors & Switches, market overview.
Chapter 2: Global Automotive Reed Sensors & Switches market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Reed Sensors & Switches manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Reed Sensors & Switches in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Reed Sensors & Switches capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
