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Global Reed Switch Device Market Research Report 2024
Synopsis
Reed Switch Device consists of a pair of ferromagnetic reeds, which overlap at their free ends (contact area) at a very small distance and are hermetically sealed in a glass tube. When in the presence of a magnetic field, the reeds become magnetized to opposite polarity, thus attracting each other and closing contact. Like many other great inventions, reed switches were born at Bell Laboratories, invented there in the mid-1930s by Walter B. Elwood. Today, reed switches are still in common uses.
The global Reed Switch Device market was valued at US$ 315 million in 2023 and is anticipated to reach US$ 576.1 million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.
Global Reed Switch Device key players include OKI, Littelfuse (Hamlin), RMCIP, Standex-Meder, etc. Global top four manufacturers hold a share over 60%.
Japan is the largest market, with a share about 50%, followed by China, and Europe, both have a share over 30 percent.
In terms of product, Form A is the largest segment, with a share over 60%. And in terms of application, the largest application is Reed Relays, followed by Magnetic Sensors.
This report aims to provide a comprehensive presentation of the global market for Reed Switch Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reed Switch Device.
Report Scope
The Reed Switch Device market size, estimations, and forecasts are provided in terms of output/shipments (M Unit) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Reed Switch Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Reed Switch Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
OKI
Littelfuse (Hamlin)
RMCIP
Standex-Meder
Nippon Aleph
HSI Sensing
Coto
PIT-RADWAR
PIC
STG
Harbin Electric Group
Zhejiang Xurui
Segment by Type
Form A
Form B
Form C
Other
Segment by Application
Reed Relays
Magnetic Sensors
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Reed Switch Device manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Reed Switch Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Reed Switch Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Reed Switch Device consists of a pair of ferromagnetic reeds, which overlap at their free ends (contact area) at a very small distance and are hermetically sealed in a glass tube. When in the presence of a magnetic field, the reeds become magnetized to opposite polarity, thus attracting each other and closing contact. Like many other great inventions, reed switches were born at Bell Laboratories, invented there in the mid-1930s by Walter B. Elwood. Today, reed switches are still in common uses.
The global Reed Switch Device market was valued at US$ 315 million in 2023 and is anticipated to reach US$ 576.1 million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.
Global Reed Switch Device key players include OKI, Littelfuse (Hamlin), RMCIP, Standex-Meder, etc. Global top four manufacturers hold a share over 60%.
Japan is the largest market, with a share about 50%, followed by China, and Europe, both have a share over 30 percent.
In terms of product, Form A is the largest segment, with a share over 60%. And in terms of application, the largest application is Reed Relays, followed by Magnetic Sensors.
This report aims to provide a comprehensive presentation of the global market for Reed Switch Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reed Switch Device.
Report Scope
The Reed Switch Device market size, estimations, and forecasts are provided in terms of output/shipments (M Unit) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Reed Switch Device market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Reed Switch Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
OKI
Littelfuse (Hamlin)
RMCIP
Standex-Meder
Nippon Aleph
HSI Sensing
Coto
PIT-RADWAR
PIC
STG
Harbin Electric Group
Zhejiang Xurui
Segment by Type
Form A
Form B
Form C
Other
Segment by Application
Reed Relays
Magnetic Sensors
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Reed Switch Device manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Reed Switch Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Reed Switch Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Reed Switch Device Market Overview
1.1 Product Definition
1.2 Reed Switch Device Segment by Type
1.2.1 Global Reed Switch Device Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Form A
1.2.3 Form B
1.2.4 Form C
1.2.5 Other
1.3 Reed Switch Device Segment by Application
1.3.1 Global Reed Switch Device Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Reed Relays
1.3.3 Magnetic Sensors
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Reed Switch Device Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Reed Switch Device Production Estimates and Forecasts (2019-2030)
1.4.4 Global Reed Switch Device Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Reed Switch Device Production Market Share by Manufacturers (2019-2024)
2.2 Global Reed Switch Device Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Reed Switch Device, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Reed Switch Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Reed Switch Device Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Reed Switch Device, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Reed Switch Device, Product Offered and Application
2.8 Global Key Manufacturers of Reed Switch Device, Date of Enter into This Industry
2.9 Reed Switch Device Market Competitive Situation and Trends
2.9.1 Reed Switch Device Market Concentration Rate
2.9.2 Global 5 and 10 Largest Reed Switch Device Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Reed Switch Device Production by Region
3.1 Global Reed Switch Device Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Reed Switch Device Production Value by Region (2019-2030)
3.2.1 Global Reed Switch Device Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Reed Switch Device by Region (2025-2030)
3.3 Global Reed Switch Device Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Reed Switch Device Production by Region (2019-2030)
3.4.1 Global Reed Switch Device Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Reed Switch Device by Region (2025-2030)
3.5 Global Reed Switch Device Market Price Analysis by Region (2019-2024)
3.6 Global Reed Switch Device Production and Value, Year-over-Year Growth
3.6.1 North America Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Reed Switch Device Production Value Estimates and Forecasts (2019-2030)
4 Reed Switch Device Consumption by Region
4.1 Global Reed Switch Device Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Reed Switch Device Consumption by Region (2019-2030)
4.2.1 Global Reed Switch Device Consumption by Region (2019-2024)
4.2.2 Global Reed Switch Device Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Reed Switch Device Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Reed Switch Device Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Reed Switch Device Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Reed Switch Device Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Reed Switch Device Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Reed Switch Device Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Reed Switch Device Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Reed Switch Device Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Reed Switch Device Production by Type (2019-2030)
5.1.1 Global Reed Switch Device Production by Type (2019-2024)
5.1.2 Global Reed Switch Device Production by Type (2025-2030)
5.1.3 Global Reed Switch Device Production Market Share by Type (2019-2030)
5.2 Global Reed Switch Device Production Value by Type (2019-2030)
5.2.1 Global Reed Switch Device Production Value by Type (2019-2024)
5.2.2 Global Reed Switch Device Production Value by Type (2025-2030)
5.2.3 Global Reed Switch Device Production Value Market Share by Type (2019-2030)
5.3 Global Reed Switch Device Price by Type (2019-2030)
6 Segment by Application
6.1 Global Reed Switch Device Production by Application (2019-2030)
6.1.1 Global Reed Switch Device Production by Application (2019-2024)
6.1.2 Global Reed Switch Device Production by Application (2025-2030)
6.1.3 Global Reed Switch Device Production Market Share by Application (2019-2030)
6.2 Global Reed Switch Device Production Value by Application (2019-2030)
6.2.1 Global Reed Switch Device Production Value by Application (2019-2024)
6.2.2 Global Reed Switch Device Production Value by Application (2025-2030)
6.2.3 Global Reed Switch Device Production Value Market Share by Application (2019-2030)
6.3 Global Reed Switch Device Price by Application (2019-2030)
7 Key Companies Profiled
7.1 OKI
7.1.1 OKI Reed Switch Device Corporation Information
7.1.2 OKI Reed Switch Device Product Portfolio
7.1.3 OKI Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.1.4 OKI Main Business and Markets Served
7.1.5 OKI Recent Developments/Updates
7.2 Littelfuse (Hamlin)
7.2.1 Littelfuse (Hamlin) Reed Switch Device Corporation Information
7.2.2 Littelfuse (Hamlin) Reed Switch Device Product Portfolio
7.2.3 Littelfuse (Hamlin) Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Littelfuse (Hamlin) Main Business and Markets Served
7.2.5 Littelfuse (Hamlin) Recent Developments/Updates
7.3 RMCIP
7.3.1 RMCIP Reed Switch Device Corporation Information
7.3.2 RMCIP Reed Switch Device Product Portfolio
7.3.3 RMCIP Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.3.4 RMCIP Main Business and Markets Served
7.3.5 RMCIP Recent Developments/Updates
7.4 Standex-Meder
7.4.1 Standex-Meder Reed Switch Device Corporation Information
7.4.2 Standex-Meder Reed Switch Device Product Portfolio
7.4.3 Standex-Meder Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Standex-Meder Main Business and Markets Served
7.4.5 Standex-Meder Recent Developments/Updates
7.5 Nippon Aleph
7.5.1 Nippon Aleph Reed Switch Device Corporation Information
7.5.2 Nippon Aleph Reed Switch Device Product Portfolio
7.5.3 Nippon Aleph Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Nippon Aleph Main Business and Markets Served
7.5.5 Nippon Aleph Recent Developments/Updates
7.6 HSI Sensing
7.6.1 HSI Sensing Reed Switch Device Corporation Information
7.6.2 HSI Sensing Reed Switch Device Product Portfolio
7.6.3 HSI Sensing Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.6.4 HSI Sensing Main Business and Markets Served
7.6.5 HSI Sensing Recent Developments/Updates
7.7 Coto
7.7.1 Coto Reed Switch Device Corporation Information
7.7.2 Coto Reed Switch Device Product Portfolio
7.7.3 Coto Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Coto Main Business and Markets Served
7.7.5 Coto Recent Developments/Updates
7.8 PIT-RADWAR
7.8.1 PIT-RADWAR Reed Switch Device Corporation Information
7.8.2 PIT-RADWAR Reed Switch Device Product Portfolio
7.8.3 PIT-RADWAR Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.8.4 PIT-RADWAR Main Business and Markets Served
7.7.5 PIT-RADWAR Recent Developments/Updates
7.9 PIC
7.9.1 PIC Reed Switch Device Corporation Information
7.9.2 PIC Reed Switch Device Product Portfolio
7.9.3 PIC Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.9.4 PIC Main Business and Markets Served
7.9.5 PIC Recent Developments/Updates
7.10 STG
7.10.1 STG Reed Switch Device Corporation Information
7.10.2 STG Reed Switch Device Product Portfolio
7.10.3 STG Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.10.4 STG Main Business and Markets Served
7.10.5 STG Recent Developments/Updates
7.11 Harbin Electric Group
7.11.1 Harbin Electric Group Reed Switch Device Corporation Information
7.11.2 Harbin Electric Group Reed Switch Device Product Portfolio
7.11.3 Harbin Electric Group Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Harbin Electric Group Main Business and Markets Served
7.11.5 Harbin Electric Group Recent Developments/Updates
7.12 Zhejiang Xurui
7.12.1 Zhejiang Xurui Reed Switch Device Corporation Information
7.12.2 Zhejiang Xurui Reed Switch Device Product Portfolio
7.12.3 Zhejiang Xurui Reed Switch Device Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Zhejiang Xurui Main Business and Markets Served
7.12.5 Zhejiang Xurui Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Reed Switch Device Industry Chain Analysis
8.2 Reed Switch Device Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Reed Switch Device Production Mode & Process
8.4 Reed Switch Device Sales and Marketing
8.4.1 Reed Switch Device Sales Channels
8.4.2 Reed Switch Device Distributors
8.5 Reed Switch Device Customers
9 Reed Switch Device Market Dynamics
9.1 Reed Switch Device Industry Trends
9.2 Reed Switch Device Market Drivers
9.3 Reed Switch Device Market Challenges
9.4 Reed Switch Device Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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