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Global Automotive Oil Pressure Switches Market: By Type: Normally Open Type (NO), Normally Closed Type (NC), Normally Open and Closed Type (NOC); By Application; By Sales Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Automotive Oil Pressure Switches Market Outlook
The global automotive oil pressure switches market is expected to grow at a CAGR of 3.8% in the forecast period of 2023-2028.
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The Asia Pacific to be a Significant Regional Market for Automotive Oil Pressure Switches
In the global market, the Asia Pacific has one of the largest shares. The population of this region has grown significantly, particularly in China and India, resulting in increased demand for automobiles and providing a profitable market for automotive oil pressure switches. In addition, rapid urbanisation, improved living standards, and increased disposable income is boosting passenger car sales and production in this region. With the increasing demand for mobility in developing markets such as India and China and growing car ownership, the market for automotive oil pressure switches is growing. Moreover, innovations and technological advancements in the automotive sector are expected to drive the growth of the automotive oil pressure switches industry in the coming years.
Automotive Oil Pressure Switches: Market Segmentation
An oil pressure switch in an automobile is a pressure sensor for oil and safeguard for the engine. It is used to check the lubrication system of engines for accuracy. It is installed in the engine's oil circuit and monitors the oil pressure while turning on or off the warning lights and controlling the oil pressure indicator.
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By type, the market is divided into:
- Normally Open Type (NO)
- Normally Closed Type (NC)
- Normally Open and Closed Type (NOC)
Based on application, the automotive oil pressure switches industry is segmented into:
- Passenger Car
- Light Commercial Vehicles
- Heavy Commercial Vehicles
The various sales channels of automotive oil pressure switches in the market are:
- Manufacturer/Distributor/Service Provider
- Aftermarket
The EMR report looks into the regional markets of automotive oil pressure switches like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Production of Vehicles Boosting the Market Growth of Automotive Oil Pressure Switches
The manufacturing of vehicles and the continual increase in the registration of new automobiles are increasing the sales of automotive oil pressure switches. Although the automotive industry witnessed some turbulence due to unstable economic conditions in the wake of the COVID-19 crisis, the increasing demand for passenger cars in emerging economies is expected to boost the growth of the automotive oil pressure switches industry. Moreover, rapid urbanisation, technological advancements, infrastructure growth, and growing economic conditions are predicted to propel the industry expansion. With the continuous production of a new fleet of vehicles every year, the aftermarket of the automotive oil pressure switch is also expected to witness substantial growth during the forecast period. Furthermore, the increasing use of electronics components in automobiles is boosting the demand for automotive switches, which is anticipated to provide impetus to the market for automotive oil pressure switches in the forecast period.
Key Industry Players in the Global Automotive Oil Pressure Switches Market
The report gives a detailed analysis of the following key players in the global automotive oil pressure switches market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Tecmark Corporation
- Bitron Industrie S.p.A
- Standard Motor Products, Inc.
- Amphenol Automotive Connection Systems (Changzhou) Co., Ltd
- Francisco Albero SAU
- SUCO Robert Scheuffele GmbH & Co. KG
- Sensata Technologies, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Oil Pressure Switches Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Oil Pressure Switches Historical Market (2018-2022)
8.3 Global Automotive Oil Pressure Switches Market Forecast (2023-2028)
8.4 Global Automotive Oil Pressure Switches Market by Type
8.4.1 Normally Open Type (NO)
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Normally Closed Type (NC)
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Normally Open and Closed Type (NOC)
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Automotive Oil Pressure Switches Market by Application
8.5.1 Passenger Car
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Light Commercial Vehicles
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Heavy Commercial Vehicles
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Automotive Oil Pressure Switches Market by Sales Channel
8.6.1 Manufacturer/Distributor/Service Provider
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Aftermarket
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.7 Global Automotive Oil Pressure Switches Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Automotive Oil Pressure Switches Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Automotive Oil Pressure Switches Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Oil Pressure Switches Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Oil Pressure Switches Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Oil Pressure Switches Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Trade Data Analysis (HS Code - 902620)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Tecmark Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Bitron Industrie S.p.A
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Standard Motor Products, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Amphenol Automotive Connection Systems (Changzhou) Co., Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Francisco Albero SAU
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 SUCO Robert Scheuffele GmbH & Co. KG
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Sensata Technologies, Inc.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Others
18 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Automotive Oil Pressure Switches Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Oil Pressure Switches Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Automotive Oil Pressure Switches Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Automotive Oil Pressure Switches Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Automotive Oil Pressure Switches Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Automotive Oil Pressure Switches Historical Market: Breakup by Sales Channel (USD Million), 2018-2022
7. Global Automotive Oil Pressure Switches Market Forecast: Breakup by Sales Channel (USD Million), 2023-2028
8. Global Automotive Oil Pressure Switches Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Automotive Oil Pressure Switches Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Automotive Oil Pressure Switches Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Automotive Oil Pressure Switches Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Automotive Oil Pressure Switches Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Automotive Oil Pressure Switches Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Automotive Oil Pressure Switches Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Automotive Oil Pressure Switches Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Automotive Oil Pressure Switches Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Automotive Oil Pressure Switches Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Automotive Oil Pressure Switches Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Automotive Oil Pressure Switches Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Automotive Oil Pressure Switches Market Structure
Key Questions Answered in the Report
The global automotive oil pressure switches market is projected to grow at a CAGR of 3.8% between 2023 and 2028.
The market is being augmented by the increasing demand for personal mobility solutions, rapid urbanisation, and growing car ownership.
The increasing vehicle production, technological advancements in the automotive industry, and the rising demand for automotive oil pressure switches in aftermarket applications are predicted to propel the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of automotive oil pressure switches are normally open type (NO), normally closed type (NC), and normally open and closed type (NOC).
The major applications of automotive oil pressure switches are passenger cars, light commercial vehicles, and heavy commercial vehicles.
The various sales channels in the market are manufacturer/distributor/service provider and aftermarket.
The major players in the industry are Tecmark Corporation, Bitron Industrie S.p.A, Standard Motor Products, Inc., Amphenol Automotive Connection Systems (Changzhou) Co., Ltd, Francisco Albero SAU, SUCO Robert Scheuffele GmbH & Co. KG, and Sensata Technologies, Inc., among others.
Analyst Review
The global automotive oil pressure switches market is driven by the growing demand for personal mobility solutions. Aided by the increasing vehicle production, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the automotive oil pressure switches industry can be divided into normally open type (NO), normally closed type (NC), and normally open and closed type (NOC). Based on the application, the market can be segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. By sales channels, the market is bifurcated into manufacturer/distributor/service provider and aftermarket. The major regional markets of automotive oil pressure switches are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Tecmark Corporation, Bitron Industrie S.p.A, Standard Motor Products, Inc., Amphenol Automotive Connection Systems (Changzhou) Co., Ltd, Francisco Albero SAU, SUCO Robert Scheuffele GmbH & Co. KG, and Sensata Technologies, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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