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Reed Switch Device Market Report 2025

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    Report

  • 200 Pages
  • April 2025
  • Region: Global
  • The Business Research Company
  • ID: 5989710
This Reed Switch Device market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The reed switch device market size has grown strongly in recent years. It will grow from $20.69 billion in 2024 to $22.12 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to increased use of reed switches in industrial applications, increased adoption of reed switches in consumer electronics, expanded use of reed switches in transportation systems, increased adoption of reed switches in aerospace and defense, expanded use of reed switches in HVAC systems.

The reed switch device market size is expected to see strong growth in the next few years. It will grow to $28.65 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growth in the automotive industry, increasing demand for reed switches in security systems and alarms, rising adoption of reed switches in robotics and automation, expanding electronics and communications sector, growing demand for reed switches in medical devices. Major trends in the forecast period include integration with advanced sensors to bring efficiency, new product launches or approval, technological advancements such as ferromagnetic reeds, ongoing research and innovation, increasing investments.

An upsurge in the number of electronic products is poised to drive the growth of the reed switch device market. Electronic products encompass devices with electronic circuits designed for controlling and manipulating electric current, converting it from one form to another, and capable of generating or emitting electromagnetic or sonic radiation. The escalating adoption of new technologies and digital transformation is fueling the proliferation of electronic products. Reed switches, utilized in electronics to open or close circuits in response to a magnetic field, find widespread application in security systems, reed relays, and proximity sensors. For instance, according to the Japan Electronics and Information Technology Industries Association in February 2024, consumer electronic equipment production surged to $201.91 million (¥31,685 million), up from $149.27 million (¥23,425 million) in January 2023. Hence, the increasing production of electronic products is expected to spur high demand for the reed switch device market.

Prominent companies in the reed switch device market are prioritizing the adoption of miniaturized and compact power components, such as subminiature flange-mount reed sensors, to remain competitive and cater to evolving consumer demands. Subminiature flange-mount reed sensors boast high sensitivity and reliability in detecting the presence or absence of a magnetic field. For example, in August 2023, Littelfuse Inc., a US-based electronic manufacturing company, introduced its latest offerings, the 59155 and 59156 series of subminiature flange-mount reed sensors. These sensors, typically featuring open contacts, can switch 120 Vac or 170 Vdc at 10 W. Their compact case design enables mounting with an M2 screw tightened to a maximum torque of 0.1 Nm or via adhesive mounting. These sensors find application in diverse fields, including factory automation, process equipment, security and access control, and primary and small appliances. Their advantages include contactless activation, customizable and space-saving design, high adjustability, and standard cable configurations.

In February 2024, Standex International Corporation, a US-based industrial electronic and electromechanical component manufacturing company, acquired Sanyu Switch Co., Ltd. for an undisclosed sum. This acquisition aims to bolster Standex's global presence in electronic and electromechanical components, particularly in reed switch technology, enhance its product portfolio, and broaden its market reach. Sanyu Switch Co. Ltd. is a Japan-based manufacturer specializing in reed relays, test sockets, and testing systems.

Major companies operating in the reed switch device market are ZF Friedrichshafen AG, Honeywell International Inc., TE Connectivity Ltd., Molex Incorporated, TTI Inc., SMC Corporation, Yaskawa Electric Corporation, RS GROUP, Littelfuse Inc., STG Germany GmbH, Pepperl+Fuchs Inc., Crydom Inc., Comus International, Coto Technology, Hermetic Switch Inc., Elesta GmbH, Hamlin Electronics, Dytran Instruments, Standex Electronics Inc., Euroswitch S.p.A., Reed Relays and Electronics India Ltd., Dongan Electric Manufacturing, Pickering Electronics, Soway Tech Limited, PIC GmbH, Nippon Aleph, Magnelink Inc., Spektrum Fluid Power Pvt Ltd, Filpro Sensors Pvt Ltd., Ryazan Metal Ceramics Instrumentation Plant JSC.

North America was the largest region in the reed switch device market in 2024. The regions covered in the reed switch device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the reed switch device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A reed switch comprises two ferromagnetic blades, or reeds, enclosed in a glass tube. These reeds are positioned with a small gap between them. When an external magnetic field is introduced, the reeds either close to make contact or move apart, interrupting an electrical circuit. This mechanism facilitates the detection of magnetic fields, allowing for the activation or deactivation of electrical circuits without requiring direct mechanical contact.

Reed switch devices come in three main types normally open (A-type), normally closed (B-type), and changeover (C-type). In a normally open (A-type) reed switch, the switch remains open (non-conductive) in its default state when no magnetic field is present. These products are distributed through various channels such as direct sales and distributors. They find application in magnetic sensors, reed relays, reed switches, and reed sensors across diverse industry verticals including electronics, communication, automobiles, security, robotics and automation, marine and weather monitoring, the Internet of Things (IoT), and others.

The reed switch device market research report is one of a series of new reports that provides reed switch device market statistics, including reed switch device industry global market size, regional shares, competitors with a reed switch device market share, detailed reed switch device market segments, market trends, and opportunities, and any further data you may need to thrive in reed switch device industry. This reed switch device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The reed switch devices market consists of sales of reed switch-based proximity sensors, fluid level sensors, and flow sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Reed Switch Device Market Characteristics3. Reed Switch Device Market Trends and Strategies4. Reed Switch Device Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market
5. Global Reed Switch Device Growth Analysis and Strategic Analysis Framework
5.1. Global Reed Switch Device PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Reed Switch Device Market Growth Rate Analysis
5.4. Global Reed Switch Device Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Reed Switch Device Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Reed Switch Device Total Addressable Market (TAM)
6. Reed Switch Device Market Segmentation
6.1. Global Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Normally Open (a-Type)
  • Normally Closed (B-Type)
  • Changeover (C-Type)
6.2. Global Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Direct Sales
  • Distributor
6.3. Global Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Magnetic Sensors
  • Reed Relays
  • Reed Switches
  • Reed Sensors
6.4. Global Reed Switch Device Market, Segmentation by Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Electronics and Communication
  • Automobile
  • Security
  • Robotics and Automation
  • Marine and Weather
  • Internet of Things (IoT)
  • Other Industry Verticals
6.5. Global Reed Switch Device Market, Sub-Segmentation of Normally Open (a-Type), by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Single Pole Normally Open Reed Switches
  • Double Pole Normally Open Reed Switches
  • High Sensitivity Normally Open Reed Switches
  • Low Power Normally Open Reed Switches
6.6. Global Reed Switch Device Market, Sub-Segmentation Off Normally Closed (B-Type), by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Single Pole Normally Closed Reed Switches
  • Double Pole Normally Closed Reed Switches
  • Latching Normally Closed Reed Switches
  • High-temperature Normally Closed Reed Switches
6.7. Global Reed Switch Device Market, Sub-Segmentation of Changeover (C-Type), by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Single Pole Changeover Reed Switches
  • Double Pole Changeover Reed Switches
  • Hermetically Sealed Changeover Reed Switches
  • High-Sensitivity Changeover Reed Switches
  • Magnetic Latching Changeover Reed Switches
7. Reed Switch Device Market Regional and Country Analysis
7.1. Global Reed Switch Device Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Reed Switch Device Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Reed Switch Device Market
8.1. Asia-Pacific Reed Switch Device Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Reed Switch Device Market
9.1. China Reed Switch Device Market Overview
9.2. China Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Reed Switch Device Market
10.1. India Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Reed Switch Device Market
11.1. Japan Reed Switch Device Market Overview
11.2. Japan Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Reed Switch Device Market
12.1. Australia Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Reed Switch Device Market
13.1. Indonesia Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Reed Switch Device Market
14.1. South Korea Reed Switch Device Market Overview
14.2. South Korea Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Reed Switch Device Market
15.1. Western Europe Reed Switch Device Market Overview
15.2. Western Europe Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Reed Switch Device Market
16.1. UK Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Reed Switch Device Market
17.1. Germany Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Reed Switch Device Market
18.1. France Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Reed Switch Device Market
19.1. Italy Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Reed Switch Device Market
20.1. Spain Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Reed Switch Device Market
21.1. Eastern Europe Reed Switch Device Market Overview
21.2. Eastern Europe Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Reed Switch Device Market
22.1. Russia Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Reed Switch Device Market
23.1. North America Reed Switch Device Market Overview
23.2. North America Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Reed Switch Device Market
24.1. USA Reed Switch Device Market Overview
24.2. USA Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Reed Switch Device Market
25.1. Canada Reed Switch Device Market Overview
25.2. Canada Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Reed Switch Device Market
26.1. South America Reed Switch Device Market Overview
26.2. South America Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Reed Switch Device Market
27.1. Brazil Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Reed Switch Device Market
28.1. Middle East Reed Switch Device Market Overview
28.2. Middle East Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Reed Switch Device Market
29.1. Africa Reed Switch Device Market Overview
29.2. Africa Reed Switch Device Market, Segmentation by Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Reed Switch Device Market, Segmentation by Distribution Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Reed Switch Device Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Reed Switch Device Market Competitive Landscape and Company Profiles
30.1. Reed Switch Device Market Competitive Landscape
30.2. Reed Switch Device Market Company Profiles
30.2.1. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Honeywell International Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. TE Connectivity Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Molex Incorporated Overview, Products and Services, Strategy and Financial Analysis
30.2.5. TTI Inc. Overview, Products and Services, Strategy and Financial Analysis
31. Reed Switch Device Market Other Major and Innovative Companies
31.1. SMC Corporation
31.2. Yaskawa Electric Corporation
31.3. RS GROUP
31.4. Littelfuse Inc.
31.5. STG Germany GmbH
31.6. Pepperl+Fuchs Inc.
31.7. Crydom Inc.
31.8. Comus International
31.9. Coto Technology
31.10. Hermetic Switch Inc.
31.11. Elesta GmbH
31.12. Hamlin Electronics
31.13. Dytran Instruments
31.14. Standex Electronics Inc.
31.15. Euroswitch S.p.a.
32. Global Reed Switch Device Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Reed Switch Device Market34. Recent Developments in the Reed Switch Device Market
35. Reed Switch Device Market High Potential Countries, Segments and Strategies
35.1 Reed Switch Device Market in 2029 - Countries Offering Most New Opportunities
35.2 Reed Switch Device Market in 2029 - Segments Offering Most New Opportunities
35.3 Reed Switch Device Market in 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Reed Switch Device Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on reed switch device market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for reed switch device ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The reed switch device market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product Type: Normally Open (a-Type); Normally Closed (B-Type); Changeover (C-Type)
2) By Distribution Channel: Direct Sales; Distributor
3) By Application: Magnetic Sensors; Reed Relays; Reed switches; Reed Sensors
4) By Industry Vertical: Electronics and Communication; Automobile; Security; Robotics and Automation; Marine and Weather; Internet of Things (IoT); Other Industry Verticals

Subsegments:

1) By Normally Open (a-Type): Single Pole Normally Open Reed Switches; Double Pole Normally Open Reed Switches; High Sensitivity Normally Open Reed Switches; Low Power Normally Open Reed Switches
2) By Normally Closed (B-Type): Single Pole Normally Closed Reed Switches; Double Pole Normally Closed Reed Switches; Latching Normally Closed Reed Switches; High-temperature Normally Closed Reed Switches
3) By Changeover (C-Type): Single Pole Changeover Reed Switches; Double Pole Changeover Reed Switches; Hermetically Sealed Changeover Reed Switches; High-Sensitivity Changeover Reed Switches; Magnetic Latching Changeover Reed Switches

Key Companies Mentioned: ZF Friedrichshafen AG; Honeywell International Inc.; TE Connectivity Ltd.; Molex Incorporated; TTI Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

The major companies featured in this Reed Switch Device market report include:
  • ZF Friedrichshafen AG
  • Honeywell International Inc.
  • TE Connectivity Ltd.
  • Molex Incorporated
  • TTI Inc.
  • SMC Corporation
  • Yaskawa Electric Corporation
  • RS GROUP
  • Littelfuse Inc.
  • STG Germany GmbH
  • Pepperl+Fuchs Inc.
  • Crydom Inc.
  • Comus International
  • Coto Technology
  • Hermetic Switch Inc.
  • Elesta GmbH
  • Hamlin Electronics
  • Dytran Instruments
  • Standex Electronics Inc.
  • Euroswitch S.p.A.
  • Reed Relays and Electronics India Ltd.
  • Dongan Electric Manufacturing
  • Pickering Electronics
  • Soway Tech Limited
  • PIC GmbH
  • Nippon Aleph
  • Magnelink Inc.
  • Spektrum Fluid Power Pvt Ltd
  • Filpro Sensors Pvt Ltd.
  • Ryazan Metal Ceramics Instrumentation Plant JSC

Table Information