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Reed Switches Market: Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Overview:

Reed switches are unique devices with hermetically sealed technology and are designed to be used in almost any environmental condition. Due to its simple and unique structure, reed switches are used in several applications including test and measurement equipment, medical electronics, telecom, automotive, security, appliances, general purpose and others. The overall reed switches market is highly driven by the superior operational benefits offered by these switches as compared to conventional mechanical switches. Some of the major benefits offered by reed switches include:

  • Ability to switch up to 10,000 volts
  • Ability to switch currents up to 5 Amps
  • Ability to switch as low as 10 nano volts without signal loss
  • Ability to offer a latching feature
  • No switching noise
  • No power consumption when in off state

Persistent growth in automotive and transportation sectors is the major factor driving the reed switches market. Reed switches play important role in several vital processes including read outs on the dashboard, brakes, coolant measurement, windshield, emission, tire pressure and others. Due to such important applications, it is widely used in automobiles, recreational vehicles, heavy-duty trucks, airplanes, boats, trains, electric vehicles and several others. Growing household appliances and consumer electronics market is another vital factor responsible for reed switches market growth. Reed switches are used in several home appliances and electronics such as HVAC & plumbing, security (door sensors, window sensors, control panels and others), fitness equipment, ignition assemblies, garage door openers and several others. Reed switches have greatly contributed to the development of telecommunications technology. Reed switches are capable of switching low power signals, which is crucial for various applications within the telecommunication sector.

With consistently growing competition in the market, numerous manufacturers are focusing on research & development to service wide application areas. For instance, in 2017, Madison Company, Inc. developed an advanced reed switch-based technology that offers very tight tolerances, ultra-high resolution and consistent repeatable measurements in fluid level sensor designs. With advancement in technology and wide application area, reed switches market is set to witness an upswing in the coming years.

The global reed switches market is segmented on the following basis:

  • Product Type:
    • Form A
    • Form B
    • Form C
  • Application:
    • Automotive & Transportation
    • Security & Safety
    • Medical
    • Commercial
    • Telecommunications
    • Others (Agriculture, Construction, Forestry, Renewable Energy etc.)
  • Geography:
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • South Asia
      • Rest of Asia Pacific
    • Rest of the World (RoW)
      • Latin America
      • Middle East & Africa (MEA)

Key players identified in reed switches market include but are not limited to:

Oki Electric Industry Co., Ltd., Univer Manufacturing Co. Ltd, GE-Ding Information, Inc., Littelfuse, Inc., RMCIP, Standex-Meder Electronics, Inc., Madison Company, Inc., Nippon Aleph Corporation, HSI Sensing, Inc., Coto Technology, Inc., PIT-RADWAR S.A., PIC GmbH, STG, Inc., Harbin Electric Corporation, Zhejiang Xurui Electronic Co., Ltd.,Pickering Electronics Ltd. and others.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Apr 2018
Category:  Semiconductor & Electronics
Report ID:   59074
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
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