"Market Intelligence for High-Geared Performance"

Automotive Oil Pressure Switches Market Size, Share & Industry Analysis, By Product Type (Normally Open Type, Normally Closed Type, Normally Open and Closed Type), By Vehicle Type (Passenger Cars and Commercial Vehicles) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105087 | Status : Ongoing

 

KEY MARKET INSIGHTS

The automotive oil pressure switch is a protective device for the engine. It is an oil pressure sensor. The oil pressure switch is designed to measure the veracity of the engine's lubrication system. It is mounted in the oil circuit of the engine which monitors the oil pressure and switches on or off on the warning lights or controls the oil pressure indicator. The switch is usually closed until the ignition switch is turned on, the oil pressure warning indicator lights up. Consequently, when the oil pressure drops below the decisive pressure in the engine, it is indicated on the display to the driver. Therefore, the damage to the engine can be prevented, and it also helps to extend the overall life of the vehicle. This infers that the automotive oil pressure switch is the most significant element in the vehicle for safety applications. The oil pressure switch usually involves 1-pin, 2-pin or 3-pin switches. Traditionally, the oil switches used for protection are turned off at the time of ignition to indicate low oil pressure as the engine block is grounded. Moreover, the rise in the vehicle production, owed to the continuous growth in demand, the automotive oil pressure switch market is expected grow at a faster pace during the forecast period.


Up Arrow

Key Market Driver -

Reduction in cost of tires of vehicles is expected to drive the growth of the market in the forecast period.

Down Arrow

Key Market Restraint -

Fluctuation in the rates of raw materials may hinder the growth of the market during the forecast period.


Market Segmentation:


Globally, the Automotive Oil Pressure Switches market is segmented by product type, by vehicle type, and by geographic coverage. Based on product type, the market is further segmented into normally opened type, the normally closed type, and normally opened and closed type. The normally opened and closed type segment holds the largest share in the global market. At the switch of the normally open contact, when the oil pressure in the engine reaches a pre-set decisive intensity, the diaphragm moves and activates the connection of the switch, so that the links are connected together, i.e., the switch is in the closed state (switched ON). However, when the engine oil pressure reaches a pre-set decisive intensity, the switch with normally closed contacts will work in reverse mechanism, thereby deactivating the connected switch contacts, so the contacts are now opened, i.e., the switch is opened (switched OFF). The vehicle type is further segmented into passenger cars and commercial vehicles. The passenger cars segment accounts for the major share in the global market. The sales of automotive oil pressure switches directly depends on the production of vehicles and continuously increase the registration of new automobiles. Due to the unstable market economic conditions, the growth of the automotive industry has slowed down recently. Although, the manufacturing of passenger cars is further expected to increase at a rapid pace in the coming future owing to the increasing production trends in emerging economies when compared with developed economies. This development can be attributed to the growing urbanization and rise in the economic conditions of the respective regions. Also, with the continuous production of new fleet of vehicles ever year, the aftermarket of automotive oil pressure switch is also expected to witness a substantial growth during the forecast period.

Key Players:


Major players operating in the global Automotive Oil Pressure Switches market include Bitron Industrie S.p.A, Tecmark Corporation, Amphenol Advanced Sensors, Standard Motor Products, Inc., Pressure Switches, Inc., and Francisco Albero S.A.U. among others.

Key Insights



  • New Advancements in Automotive Oil Pressure Switches

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the Automotive Oil Pressure Switches market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the maximum share in the global market.  Additionally, the region is also projected to grow with healthy pace and maintain its dominant position over the forecast period. The population of this region, mainly in China and India, has increased significantly, generating greater demand for automobiles every year, thus creating a lucrative demand for the automotive oil pressure switch market in this region. Also, the rapid adoption of advanced technologies by the automotive industry coupled with the rising urbanization, improvement in the living standards, and rise in the disposable income have boosted the sales and production of passenger cars in this region.  Europe holds the second largest share in the global market owing to the presence of prominent automotive manufacturers in this region. Germany is the major contributor for the high demand for automotive oil pressure switches in the European market. The market in North America is also anticipated to hold significant potential owing to the positive outlook of the automotive industry of USA and Canada.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

  DETAILS

By Product Type



  • Normally Open Type

  • Normally Closed Type

  • Normally Open and Closed Type



By Vehicle Type



  • Passenger Cars

  • Commercial Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World






  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Automotive & Transportation Clients
GM
Deloitee
Bosch
Hyundai
KIA
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X