According to study, “World
Reed Switch Market Research Report 2024(Covering USA, EU, China, South
East Asia, Japan and etc)” the key companies operating in the world reed switch
market areGE-Ding Information Inc., OKI Sensor Device Corporation, Nippon Aleph
Corp., StandexMeder Electronics Inc., Hamlin Electronics, Harbin Electric
Group, Reed Relays and Electronics India Limited, Comus International, Thomas
White (Leicester) Limited, SMC Corporation of America, STG Germany GmbH, Ryazan
Metal Ceramics Instrumentation Plant JSC (RMCIP), PIC GmbH, Omron Corporation, Reed
Switch Development Corporation, Littelfuse, Inc., PIT-RADWAR, SparkFun
Electronics Corporation, Feitengda, Coto Technology, HSI Sensing, Bimba
Manufacturing Company, HE, XURUI.
Reed switch is an electrical switch functioned by an
applied magnetic field. It is used to control the flow of electricity in a
circuit. It is made from two or more ferrous reeds enclosed within a small
glass tube-like envelope, which become magnetized and move together/separate
when a magnetic field is moved towards the switch. Owing to its simple &
unique structure, reed switches are used in numerous applications including
medical electronics, ignition assemblies, test & measurement equipment,
telecom, garage door openers, automotive, security (door sensors, control
panels, window sensors, and others), general purpose, appliances, fitness equipment
and others.
The key benefits are ability to switch up to 10,000
volts, ability to switch as low as 10 nano volts without signal loss, ability
to switch currents up to 5 amps, no switching noise, ability to offer a
latching feature and no power consumption when in off state.
Based on type, reed switch market is segmented into Form
A SPST (single pole, single throw), Form B SPST (single pole, single throw),
Form C SPDT (single pole, double throw), and latch type. Form A SPST are normal
open reed switch that interactions close in the presence of a magnetic field.
However, Form B SPST are closed reed switch that interactions open in the
presence of a magnetic field. Form C SPDT are stated as break-before-make reed,
these are generally closed contact opens and then an open contact closes.Based
on product type, market is segmented into ultra-miniature, super
ultra-miniature and large-scale. Based on application, market is segmented into
relay application, temperature sensing, position sensing, pulse sensing and
others. In addition, based on end-use, market is segmented into automotive,
consumer electronics, telecommunication, building automation and others.
The reed switch market is driven by evolution of
internet of things (IoT), increase in usage for automotive safety solutions and
industrial/home automation. However, some functional issues associated with
reed switches may impact the market. Moreover, high demand for smaller, better
& durable switches and various emerging technology & its applications
are requiring more advanced reed switch are key opportunities for market.
Based on geography, Japan and China countries hold
major share in reed switch market owing to rise in demand & consumption of
reed switch in an extensive range of applications in major end-use industries
in the countries. EU and USA are expected to witness lucrative growth due to
increase in number of end-use industry players and rapidly expanding industrial
base over the forecast period. The market is projected to grow at a CAGR of
approximately 9.0% over the next five years, will reach US $380 million in
2024, from US $230 million in 2019.
For more information on the research
report, refer to below link:
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