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

Published: | Report ID: 9046 | Report Format : PDF

Overview:

Reed switches are unique devices with hermetically sealed technology and are designed to be used in almost any environmental condition. Due to their 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 market for reed switches is highly driven by the superior operational benefits offered by these switches as compared to conventional mechanical switches.

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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 ten nanovolts without signal loss
  • ability to offer a latching feature
  • There is no switching noise.
  • When turned off, there is no power consumption.

Persistent growth in the automotive and transportation sectors is the major factor driving the reed switch market. Reed switches play an important role in several vital processes, including readouts 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 markets are another vital factor responsible for the reed switch market growth. Reed switches are used in several home appliances and electronics, such as HVAC and 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 telecommunications sector.

With consistently growing competition in the market, numerous manufacturers are focusing on research and 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 advancements in technology and a wide range of applications, the reed switch market is set to witness an upswing in the coming years.

The global reed switch 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 and Africa (MEA)

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Key players identified in the reed switch 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-RADWARE S.A., PIC GmbH, STG, Inc., Harbin Electric Corporation, Zhejiang Xurui Electronic Co., Ltd., Pickering Electronics Ltd.,

Frequently Asked Questions

What is the size of Reed Switches Market?

The market for Reed Switches is expected to reach US$ XX in 2026.

What is the Reed Switches Market CAGR?

The Reed Switches market is expected to see significant CAGR growth over the coming years,at XX%

What is the Forecast period considered for Reed Switches Market?

The report is forecasted from 2018-2026.

What is the base year considered for Reed Switches Market?

The base year of this report is 2017.

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