Reed sensor market to grow at CAGR of 7.40% from 2018 to 2023
Automotive & transportation application to hold significant share of reed sensor market by 2023
The automotive and transportation application accounts for the largest share of the reed sensor market. The reed sensors are used in vehicles such as heavy-duty trucks, airplanes, trains, motorcycles, E-cars, and E-bikes. The reed sensors can be deployed for measurement of brake pressure, coolant level, windshield, tire pressure monitoring, liquid level detection, HVAC controls, and emissions, among others. The increase in safety features and other functionalities in vehicles is increasing the demand for reed sensors in the automotive and transportation application.
Market in APAC to grow at highest CAGR during forecast period
The reed sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for reed sensors. The rise in disposable income in APAC countries has led to the increase in the demand for vehicles and consumer appliances, which, in turn, increased the growth of the reed sensor market in this region. The increasing penetration of reed sensors and the influx of global players, along with the emergence of native players, are contributing to the growth of the market. As a result, APAC holds a significant share in the overall reed sensor market.
Breakdown of the profiles of primary participants:
- By Company: Tier 1 = 45 %, Tier 2 = 35%, and Tier 3 = 20%
- By Designation: C-Level Executives = 50%, Manager Level = 30%, and Others = 20%
- By Region: North America = 43%, Europe = 29%, APAC = 21%, and RoW = 7%
The major players profiled in this report are as follows:
- Standex-Meder Electronics (US)
- Littelfuse (US)
- HSI Sensing (US)
- RMCIP (Russia)
- PIC GmbH (Germany)
- Coto Technology (US)
- Pickering Electronics (UK)
- Aleph America (US)
- STG Germany GmbH (Germany)
- Zhejiang Xurui Electronic (China)
Research Coverage
In this report, the reed sensor market has been segmented by contact position, type, application, and geography. The market has been segmented on the basis of contact position into Form A, Form B, Form C, and others. The reed sensor market, by type, has been segmented into dry reed sensor and mercury-wetted reed sensor. Based on application, the market has been segmented into telecommunications, automotive and transportation, consumer electronics and appliances, safety and security, healthcare, construction, robotics and automation, and others. The study also forecasts the size of the market in 4 main regions—North America, Europe, APAC, and RoW.
Reasons to buy the report
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the reed sensor market comprehensively and provides the closest approximation of the overall market size and those of the subsegments across different contact positions, types, applications, and regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for the growth of the market.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, and product launches, partnerships, and mergers and acquisitions carried out by the major players in the market.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Scope of Market
1.3.1 Geographic Scope
1.4 Years Considered
1.5 Currency
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Sampling Techniques and Data Collection Methods
2.1.2.2 Primary Sources
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Reed Sensor Market
4.2 Reed Sensor Market, By Application and Region
4.3 Reed Sensor Market, By Contact Position
4.4 Reed Sensor Market in APAC, By Application and Country
4.5 Geographic Analysis of Reed Sensor Market
5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Use of Reed Sensors in Automotive Industry
5.3.1.2 Reed Sensor Applications in Home Appliances, HVAC, and Smart Meters
5.3.1.3 Benefit of Low Operating Power and Capable of Working in Harsh Environments
5.3.2 Restraints
5.3.2.1 Size of Reed Sensors
5.3.3 Opportunities
5.3.3.1 Use of Reed Sensors in Emerging Technologies
5.3.4 Challenges
5.3.4.1 Efficiency and Reliability of Reed Sensors
6 Reed Sensor Market, By Contact Position
6.1 Introduction
6.2 Form A
6.3 Form B
6.4 Form C
6.5 Others
7 Reed Sensor Market, By Type
7.1 Introduction
7.2 Dry-Reed Sensor
7.3 Mercury-Wetted Reed Sensor
8 Reed Sensor Market, By Application
8.1 Introduction
8.2 Automotive & Transportation
8.3 Consumer Electronics & Appliances
8.4 Robotics & Automation
8.5 Telecommunications
8.6 Healthcare
8.7 Safety & Security
8.8 Construction
8.9 Others
9 Geographic Analysis
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Rest of APAC
9.5 RoW
9.5.1 Middle East and Africa
9.5.2 South America
10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis, 2017
10.3 Competitive Scenario
10.3.1 Product Launch
10.3.2 Acquisitions
10.3.3 Partnerships and Agreements
11 Company Profiles
11.1 Key Playkers
11.1.1 Littelfuse
11.1.2 HSI Sensing
11.1.3 Ryazan Metal Ceramics Instrumentation Plant JSC (RMCIP)
11.1.4 Standex-Meder Electronics
11.1.5 PIC GmbH
11.1.6 Coto Technology
11.1.7 Pickering Electronics
11.1.8 Aleph America
11.1.9 Stg Germany GmbH
11.1.10 Zhejiang Xurui Electronic
11.2 Other Key Companies
11.2.1 Magnasphere
11.2.2 Nte Electronics
11.2.3 Multice Group
11.2.4 Zf Electronics Tvs
11.2.5 Kemet
11.2.6 Reed Switch Developments Corp.
11.2.7 Yaskawa Electric Corporation
11.2.8 Soway Tech Limited
11.2.9 Hnc Group
11.2.10 Bernstein Ag
12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables (66 Tables)
Table 1 Reed Sensor Market, By Contact Position, 2015–2023 (USD Million)
Table 2 Reed Sensor Market, By Type, 2015–2023 (USD Million)
Table 3 Reed Sensor Market, By Type, 2015–2023 (Million Units)
Table 4 Reed Sensor Market, By Application, 2015–2023 (USD Million)
Table 5 Reed Sensor Market, By Application, 2015–2023 (Million Units)
Table 6 Reed Sensor Market for Automotive & Transportation Application, By Type, 2015–2023 (USD Million)
Table 7 Reed Sensor Market for Automotive & Transportation Application, By Region, 2015–2023 (USD Million)
Table 8 Reed Sensor Market for Consumer Electronics & Appliances Application, By Type, 2015–2023 (USD Million)
Table 9 Reed Sensor Market for Consumer Electronics & Appliances Application, By Region, 2015–2023 (USD Million)
Table 10 Reed Sensor Market for Robotics & Automation Application, By Type, 2015–2023 (USD Million)
Table 11 Reed Sensor Market for Robotics & Automation Application, By Region, 2015–2023 (USD Million)
Table 12 Reed Sensor Market for Telecommunications Application, By Type, 2015–2023 (USD Million)
Table 13 Reed Sensor Market for Telecommunications Application, By Region, 2015–2023 (USD Million)
Table 14 Reed Sensor Market for Healthcare Application, By Type, 2015–2023 (USD Million)
Table 15 Reed Sensor Market for Healthcare Application, By Region, 2015–2023 (USD Million)
Table 16 Reed Sensor Market for Safety & Security Application, By Type, 2015–2023 (USD Million)
Table 17 Reed Sensor Market for Safety & Security Application, By Region, 2015–2023 (USD Million)
Table 18 Reed Sensor Market for Construction Application, By Type, 2015–2023 (USD Million)
Table 19 Reed Sensor Market for Construction Application, By Region, 2015–2023 (USD Million)
Table 20 Reed Sensor Market for Other Applications, By Type, 2015–2023 (USD Million)
Table 21 Reed Sensor Market for Other Applications, By Region, 2015–2023 (USD Million)
Table 22 Reed Sensor Market, By Region, 2015–2023 (USD Million)
Table 23 Reed Sensor Market in North America, By Country, 2015–2023 (USD Million)
Table 24 Reed Sensor Market in North America, By Application, 2015–2023 (USD Million)
Table 25 Reed Sensor Market in North America for Automotive & Transportation Application, By Country, 2015–2023 (USD Million)
Table 26 Reed Sensor Market in North America for Consumer Electronics & Appliances Application, By Country, 2015–2023 (USD Million)
Table 27 Reed Sensor Market in North America for Robotics & Automation Application, By Country, 2015–2023 (USD Million)
Table 28 Reed Sensor Market in North America for Telecommunications Application, By Country, 2015–2023 (USD Million)
Table 29 Reed Sensor Market in North America for Healthcare Application, By Country, 2015–2023 (USD Million)
Table 30 Reed Sensor Market in North America for Safety & Security Application, By Country, 2015–2023 (USD Million)
Table 31 Reed Sensor Market in North America for Construction Application, By Country, 2015–2023 (USD Million)
Table 32 Reed Sensor Market in North America for Other Applications, By Country, 2015–2023 (USD Million)
Table 33 Reed Sensor Market in Europe, By Country, 2015–2023 (USD Million)
Table 34 Reed Sensor Market in Europe, By Application, 2015–2023 (USD Million)
Table 35 Reed Sensor Market in Europe for Automotive & Transportation Application, By Country, 2015–2023 (USD Million)
Table 36 Reed Sensor Market in Europe for Consumer Electronics & Appliances Application, By Country, 2015–2023 (USD Million)
Table 37 Reed Sensor Market in Europe for Robotics & Automation Application, By Country, 2015–2023 (USD Million)
Table 38 Reed Sensor Market in Europe for Telecommunications Application, By Country, 2015–2023 (USD Million)
Table 39 Reed Sensor Market in Europe for Healthcare Application, By Country, 2015–2023 (USD Million)
Table 40 Reed Sensor Market in Europe for Safety & Security Application, By Country, 2015–2023 (USD Million)
Table 41 Reed Sensor Market in Europe for Construction Application, By Country, 2015–2023 (USD Million)
Table 42 Reed Sensor Market in Europe for Other Application, By Country, 2015–2023 (USD Million)
Table 43 Reed Sensor Market in APAC, By Country, 2015–2023 (USD Million)
Table 44 Reed Sensor Market in APAC, By Application, 2015–2023 (USD Million)
Table 45 Reed Sensor Market in APAC for Automotive & Transportation Application, By Country, 2015–2023 (USD Million)
Table 46 Reed Sensor Market in APAC for Consumer Electronics & Appliances Application, By Country, 2015–2023 (USD Million)
Table 47 Reed Sensor Market in APAC for Robotics & Automation Application, By Country, 2015–2023 (USD Million)
Table 48 Reed Sensor Market in APAC for Telecommunications Application, By Country, 2015–2023 (USD Million)
Table 49 Reed Sensor Market in APAC for Healthcare Application, By Country, 2015–2023 (USD Million)
Table 50 Reed Sensor Market in APAC for Safety & Security Application, By Country, 2015–2023 (USD Million)
Table 51 Reed Sensor Market in APAC for Construction Application, By Country, 2015–2023 (USD Million)
Table 52 Reed Sensor Market in APAC for Other Application, By Country, 2015–2023 (USD Million)
Table 53 Reed Sensor Market in RoW, By Region, 2015–2023 (USD Million)
Table 54 RoW Reed Sensor Market, By Application, 2015–2023 (USD Million)
Table 55 Reed Sensor Market in RoW for Automotive & Transportation Application, By Country, 2015–2023 (USD Million)
Table 56 Reed Sensor Market in RoW for Consumer Electronics & Appliances Application, By Country, 2015–2023 (USD Million)
Table 57 Reed Sensor Market in RoW for Robotics & Automation Application, By Country, 2015–2023 (USD Million)
Table 58 Reed Sensor Market in RoW for Telecommunications Application, By Country, 2015–2023 (USD Million)
Table 59 Reed Sensor Market in RoW for Healthcare Application, By Country, 2015–2023 (USD Million)
Table 60 Reed Sensor Market in RoW for Safety & Security Application, By Country, 2015–2023 (USD Million)
Table 61 Reed Sensor Market in RoW for Construction Application, By Country, 2015–2023 (USD Million)
Table 62 Reed Sensor Market in RoW for Other Applications, By Country, 2015–2023 (USD Million)
Table 63 Top 5 Players in Reed Sensor Market: 2017
Table 64 Product Launches (2015–2017)
Table 65 Acquisitions (2016–2018)
Table 66 Partnerships and Agreements (2016–2017)
List of Figures (37 Figures)
Figure 1 Markets Covered
Figure 2 Reed Sensor Market: Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Process Flow of Market Size Estimation
Figure 8 Reed Sensor Market: Market Size Analysis (2015–2023)
Figure 9 Reed Sensor Market, By Application: Market for Robotics & Automation Application to Grow at Highest CAGR During Forecast Period
Figure 10 Reed Sensor Market, By Contact Position (2018 vs 2023): Form A to Hold Largest Share of Reed Sensor Market By 2023
Figure 11 Reed Sensor Market, By Region, 2017
Figure 12 Use of Reed Sensors in Automotive & Transportation Application Drives Reed Sensor Market
Figure 13 North America Held Largest Share of Reed Sensor Market for Healthcare Application in 2017
Figure 14 Form A to Hold Largest Size of Reed Sensor Market During Forecast Period
Figure 15 China Held Largest Share of Reed Sensor Market in 2017
Figure 16 China to Grow at Highest CAGR From 2018 to 2023
Figure 17 Value Chain Analysis: Reed Sensor Market
Figure 18 Reed Sensor Application in Household Appliances Drives Reed Sensor Market
Figure 19 Production Statistics of Passenger Cars (2012–2017)
Figure 20 Form A to Dominate Reed Sensor Market During Forecast Period
Figure 21 Dry Reed Sensor to Dominate Reed Sensor Market During Forecast Period
Figure 22 Automotive & Transportation to Hold Largest Size of Reed Sensor Market During Forecast Period
Figure 23 Dry Reed Sensor Market to Dominate Market for Consumer Electronics & Appliances Application During Forecast Period
Figure 24 North America to Hold Largest Size in Reed Sensor Market for Healthcare Application During Forecast Period
Figure 25 Dry Reed Sensor to Dominate Market for Construction Application During Forecast Period
Figure 26 APAC to Dominate Reed Sensor Market During Forecast Period
Figure 27 North America: Snapshot of Reed Sensor Market
Figure 28 US to Dominate Reed Sensor Market in North America for Healthcare Application From 2018 to 2023
Figure 29 Europe: Snapshot of Reed Sensor Market
Figure 30 Reed Sensor Market in the UK for Healthcare Application to Grow at Highest CAGR From 2018 to 2023
Figure 31 RoE to Hold Largest Size of Reed Sensor Market in Europe for Construction Application From 2018 to 2023
Figure 32 APAC: Snapshot of Reed Sensor Market
Figure 33 China to Dominate Reed Sensor Market for Telecommunications Application During Forecast Period
Figure 34 South America to Dominate Reed Sensor Market in RoW for Automotive & Transportation Application From 2018 to 2023
Figure 35 Key Developments in Reed Sensor Market (2015–2018)
Figure 36 Littelfuse: Business Overview
Figure 37 Standex-Meder Electronics: Business Overview
Companies Mentioned
- Aleph America
- Bernstein Ag
- Coto Technology
- Hnc Group
- HSI Sensing
- Kemet
- Littelfuse
- Magnasphere
- Multice Group
- Nte Electronics
- PIC GmbH
- Pickering Electronics
- Reed Switch Developments Corp.
- Ryazan Metal Ceramics Instrumentation Plant JSC (RMCIP)
- Soway Tech Limited
- Standex-Meder Electronics
- Stg Germany GmbH
- Yaskawa Electric Corporation
- Zf Electronics Tvs
- Zhejiang Xurui Electronic
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 123 |
| Published | August 2018 |
| Forecast Period | 2018 - 2023 |
| Estimated Market Value ( USD | $ 1.61 billion |
| Forecasted Market Value ( USD | $ 2.3 billion |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
