Argentina Automotive Reed Switches/Sensors Market

Argentina Automotive Reed Switches/Sensors Market by Applications (Cruise Control, Infotainment Systems, Safety Systems, and Others), Vehicle Types (Passenger Cars and Commercial Vehicles), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1724
  • Author: Growth Market Reports
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  • No. Of Pages: 220
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The Argentina automotive reed switches/sensors market size is expected to expand at a robust CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing manufacturing of automotive reed switches that consumes less power.

A reed switch in an automobile is an electrical switch that is activated by a magnetic field. It consists of a pair of magnetizable, flexible metal reeds with a small gap between their end sections. Reeds are hermetically sealed in a tubular glass envelope with opposite ends. When exposed to a magnetic field, the two ferrous components inside the switch pull together that completes the circuit. The reeds split and the switch opens when the magnetic field is eliminated. It is an excellent non-contact switch. These switches are built with a high level of dependability. The ferrous metal contacts are sealed in an atmosphere with a predetermined pressure or vacuum, which is chosen precisely for their intended application areas.


Argentina Automotive Reed Switches-Sensors Market Key Takeaways

The automotive reed sensor is a device with a permanent magnet that detects and senses movement. In the presence of a magnetic field, it features a reed switch to provide mechanical protection and vibration resistance. Reed sensors come in hundreds of different forms and sizes to meet a wide range of application requirements. For metal deduction and flow measurement, the reed sensor is connected to a securely potted reed switch. Automotive reed sensors come in a variety of contact types, including A, B, C, D, and E, with power ratings ranging from 1 to 100 watts. Magnets trigger reed sensors, which are utilised for proximity detection. The reed sensor has a low resistance of up to 50 milli, but it also has a high resistance of up to 100 milli. Automotive reed sensor is operated from -50 °C to +150°C with no exceptional additions, modifications, and cost.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing consumer preference for safer driving experience has encouraged the manufacturers to seek better safety sensors, such as pedal angle sensors, ABS, and EBS is anticipated to boost the market growth.
  • Rising innovation in the automotive industry to monitor oil level is expected to positive impact on the market growth in the coming years.
  • Growing government initiatives to safeguard the endangered species is expected to boost the market growth.
  • Growing deployment of reed sensors for measurement of liquid level detection, brake pressure, tire pressure monitoring, and coolant level is projected to drive the market expansion in the coming years.
  • Numerous drawbacks of automotive reed switches such as susceptibility to breakage issues during installation and lower durability can restrict the market growth during the forecast period.
  • Rising challenges in reliability and durability of automotive reed switch users can hamper the market expansion.
  • Technological advancements in the automotive reed sensor and switch equipment is expected to create opportunities for the market growth.

Scope of the Report

The report on the Argentina automotive reed switches/sensors market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Reed Switches/Sensors Market - Argentina Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Cruise Control, Infotainment Systems, Safety Systems, and Others) and Vehicle Types (Passenger Cars and Commercial Vehicles)

Geographical Zone

Argentina

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Aleph America Corporation, Continental AG, Standex International Corp., PIC GmbH, and TE Connectivity Ltd.

Argentina Automotive Reed Switches/Sensors Market Segment Insights

Safety systems segment is projected to account for a large market share

On the basis of applications, the market is segmented into cruise control, infotainment systems, safety systems, and others. The safety systems segment is expected to constitute a key market share during the forecast period. Reed sensors have been used as an effective passive safety system to alert the driver. These sensors are utilised to notify the driver as a passive safety device. Increasing use of reed switches for early braking and rising use of these switches to warn drivers of the possibility of a collision or accident are anticipated to fuel the market growth.

Commercial vehicles segment to expand at a substantial CAGR

In terms of vehicle types, the market is bifurcated into passenger cars and commercial vehicles. The commercial vehicle segment is anticipated to register at a substantial CAGR during the forecast period due to rising demand for safety features in commercial vehicles owing to increasing number of accidents.


Argentina Automotive Reed Switches-Sensors Market By Vehicle Types

Segments

Segments Covered in the Report
The Argentina automotive reed switches/sensors market has been segmented on the basis of

Applications
  • Cruise Control
  • Infotainment Systems
  • Safety Systems
  • Others
Vehicle Types
  • Passenger Cars
  • Commercial Vehicles
Country
  • Argentina
Key Players
  • Aleph America Corporation
  • Continental AG
  • Standex International Corp.
  • PIC GmbH
  • TE Connectivity Ltd

Competitive Landscape

Key players competing in the Argentina automotive reed switches/sensors market include Aleph America Corporation, Continental AG, Standex International Corp., PIC GmbH, and TE Connectivity Ltd.

Argentina Automotive Reed Switches-Sensors Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Reed Switches/Sensors Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Reed Switches/Sensors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Reed Switches/Sensors Market - Supply Chain
  4.5. Global Automotive Reed Switches/Sensors Market Forecast
     4.5.1. Automotive Reed Switches/Sensors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Reed Switches/Sensors Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Reed Switches/Sensors Market Absolute $ Opportunity
5. Global Automotive Reed Switches/Sensors Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     5.3.1. Cruise Control Infotainment Systems Safety Systems Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automotive Reed Switches/Sensors Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automotive Reed Switches/Sensors Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
7. North America Automotive Reed Switches/Sensors Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automotive Reed Switches/Sensors Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     7.4.1. Cruise Control Infotainment Systems Safety Systems Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
8. Latin America Automotive Reed Switches/Sensors Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automotive Reed Switches/Sensors Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     8.4.1. Cruise Control Infotainment Systems Safety Systems Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
9. Europe Automotive Reed Switches/Sensors Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automotive Reed Switches/Sensors Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     9.4.1. Cruise Control Infotainment Systems Safety Systems Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Reed Switches/Sensors Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automotive Reed Switches/Sensors Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     10.4.1. Cruise Control Infotainment Systems Safety Systems Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Reed Switches/Sensors Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automotive Reed Switches/Sensors Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automotive Reed Switches/Sensors Market Size and Volume Forecast by Applications
     11.4.1. Cruise Control Infotainment Systems Safety Systems Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automotive Reed Switches/Sensors Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automotive Reed Switches/Sensors Market: Market Share Analysis
  12.2. Automotive Reed Switches/Sensors Distributors and Customers
  12.3. Automotive Reed Switches/Sensors Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Aleph America Corporation Continental AG Standex International Corp. PIC GmbH TE Connectivity Ltd
Segments Covered in the Report
The Argentina automotive reed switches/sensors market has been segmented on the basis of

Applications
  • Cruise Control
  • Infotainment Systems
  • Safety Systems
  • Others
Vehicle Types
  • Passenger Cars
  • Commercial Vehicles
Country
  • Argentina
Key Players
  • Aleph America Corporation
  • Continental AG
  • Standex International Corp.
  • PIC GmbH
  • TE Connectivity Ltd

Key players competing in the Argentina automotive reed switches/sensors market include Aleph America Corporation, Continental AG, Standex International Corp., PIC GmbH, and TE Connectivity Ltd.

Argentina Automotive Reed Switches-Sensors Market By Key Players

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