Global Reed Sensors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Reed Sensors market size was valued at USD 1975.9 million in 2023 and is forecast to a readjusted size of USD 2784.8 million by 2030 with a CAGR of 5.0% during review period.
A reed sensor is a hermetically sealed electromagnetic sensor operated by an applied magnetic field generated by either a permanent magnet or current-carrying coil. Reed sensors are used for sensing and detecting movement, proximity, metal detection, and liquid level and flow measurement. It consists of 2 or more metal reed contacts (blades) that are hermetically sealed inside a glass capsule containing inert gas to prevent the activation of contacts. The contacts can be normally open, which closes in the presence of magnetic field, and normally closed, which opens when a magnetic field is applied.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Reed Sensors. Europe also plays important roles in global market, with market size of 39 million USD in 2017 and has a market share about 14.5%. The Asia-Pacific will occupy for more market share in following years, especially in Japan (with a revenue market share 30.7%) and China (with a revenue market share 16.3%).
The Global Info Research report includes an overview of the development of the Reed Sensors industry chain, the market status of Reed Relays (Form A, Form B), Magnetic Sensors (Form A, Form B), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Reed Sensors.
Regionally, the report analyzes the Reed Sensors markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Reed Sensors market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Reed Sensors market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Reed Sensors industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Form A, Form B).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Reed Sensors market.
Regional Analysis: The report involves examining the Reed Sensors market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Reed Sensors market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Reed Sensors:
Company Analysis: Report covers individual Reed Sensors manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Reed Sensors This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Reed Relays, Magnetic Sensors).
Technology Analysis: Report covers specific technologies relevant to Reed Sensors. It assesses the current state, advancements, and potential future developments in Reed Sensors areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Reed Sensors market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Reed Sensors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Form A
Form B
Form C
Others
Market segment by Application
Reed Relays
Magnetic Sensors
Others
Major players covered
Oki
Littelfuse (Hamlin)
Standex
RMCIP
Nippon Aleph
HSI Sensing
Coto
PIT-RADWAR
PIC
STG
Harbin Electric Group
Zhejiang Xurui
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Reed Sensors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Reed Sensors, with price, sales, revenue and global market share of Reed Sensors from 2019 to 2024.
Chapter 3, the Reed Sensors competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Reed Sensors breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Reed Sensors market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Reed Sensors.
Chapter 14 and 15, to describe Reed Sensors sales channel, distributors, customers, research findings and conclusion.