"Market Intelligence for High-Geared Performance"

Brake Light Switch Market Size, Share, COVID-19 Impact Analysis, Vehicle Type (Passenger Vehicles and Commercial Vehicles), By Sales Channel (OEM and Aftermarket), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI108010 | Status : Ongoing

 

KEY MARKET INSIGHTS

The overall expansion of the automotive industry has positively impacted the brake light switch market. As the production and sales of vehicles increase, the demand for brake light switches, a crucial safety component, also rises. The brake light switch is a fragmented market with many manufacturers and suppliers who produce and distribute brake light switches to the automotive, marine, and aviation industries. The major players in the market are BOSCH and Continental AG. Factors such as the growing demand for safer and more efficient vehicles are major factors propelling the market growth. The introduction of ADAS in passenger vehicles is a significant factor positively influencing market growth.


In recent years BOSCH has developed electronic brake light switches that run on sensors to detect when the pedal is being pressed and released. Moreover, they are adopted more quickly than traditional hydraulic and mechanical switches with actuators as they are fast, safe, and more reliable. The automotive brake light switch is an essential component of the vehicle system that plays a key role in ensuring the security and safety of both the driver and passengers.

Impact of COVID-19 on the Brake Light Switch Market


COVID-19 significantly impacted the Automotive segment; automakers worldwide faced production slowdowns and temporary closures due to the pandemic. As a result, the overall production of vehicles, including the installation of brake light switches, was significantly reduced. This decline in vehicle production directly impacted the demand for brake light switches.

While the automotive industry has been recovering from the pandemic's impact, the recovery pace has varied across regions. Some markets experienced a faster rebound, while others faced prolonged challenges. The slow recovery of the automotive industry has limited the recovery prospects for the brake light switch market. As the situation improves and the automotive industry gradually recovers, the brake light switch market is expected to regain momentum. The resumption of vehicle production, increased consumer demand, and a focus on road safety are anticipated to drive the market's recovery in the post-pandemic period.

Key Insights


The report will cover the following key insights:


  • Key Industry Developments – Mergers, Acquisitions, and Partnerships.

  • Porter's Five Forces Analysis.

  • Technological Developments.

  • Impact of COVID-19 on the Global Automotive Relay Market.


Analysis by Vehicles 


Passenger cars are the largest and most produced market segment of Automotive Brake Light Switches, making up a significant portion of the vehicle on the road. The growing demand for cars in emerging countries and economic emergence in coming years will lead to the growth of manufacturers of Brake light switches. Technological advancements like modular sensors that electronically control the brake light switch will take over the market, and manufacturers will have high sales and profits. Also, integrating brake light switches with other safety features of vehicles like the ADAS system will drive market growth.

Analysis by Sales Channel 


The vehicle brake light switch market can be analyzed based on OEM and aftermarket. OEM brake light switches are installed during the production and assembly of the vehicle; these switches are produced by key players in the market and supplied to Automotive manufacturers for direct installation. These switches are of the highest quality and have strict quality control. Suppliers with long-term contracts with manufacturers dominate the OEM market; this segment is highly competitive and requires a high level of technical expertise for manufacturing.

Overall, the OEM segment of the market tends to be larger than the aftermarket, as most vehicles are sold with OEM fittings. However, the market will rise rapidly, and the aftermarket segment will grow with it in the coming years due to the increasing age of vehicles on the road and the demand for required aftermarket parts.

Analysis by Region 


To gain extensive insights into the market, Request for Customization


Owing to the increasing vehicle demand in populous countries like China and India, which have a large population and a growing middle-class sector, the Asia-Pacific region is projected to become the dominant market segment. This region is also home to major OEM manufacturers and suppliers, which drive OEM brake light switches market growth. Also rise in E.V. and Hybrids will be a factor in the development of this region.

Key Players Covered


Continental AG (Germany), BOSCH GmbH (Germany), Delphi Technologies (U.K.), Denso Corporation (Japan), HELLA GmbH & Co. KGaA (Germany), Panasonic S.A. (Japan), Valeo S.A. (France).

Segmentation
















By Vehicles


By Sales Channel


By Region



  • Passenger Vehicle

  • Commercial Vehicle




  • OEM

  • Aftermarket




  • North America (U.S., Canada, and Mexico)

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

  • Asia Pacific (India, China, Japan, Rest of APAC)

  • Rest of the World



Key Industry Developments



  • In 2023, Subaru initiated a recall of over 4,000 units of its 2023 Imprezas due to a brake light issue. The affected vehicles may have a brake light switch that was improperly adjusted, potentially causing the brake lights to illuminate without activating the brake pedal. Furthermore, the recalled vehicles may permit drivers to shift out of the park without pressing the brake pedal.

  • In 2021, Continental AG announced the launch of a new brake light switch called "SnapFit," which reduces installation time and improves reliability.





  • 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
Hitachi
KIA
Bosch
Toshiba
GM
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