Market Overview:
The global large-scale reed switch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for reed relays and magnetic sensors across different applications. Additionally, the growing demand for miniaturized and low-power devices is also contributing to the growth of this market. On the basis of type, Form A switches are expected to account for a major share of the global large-scale reed switch market during the forecast period. This can be attributed to their high reliability and low power consumption as compared with other types of switches available in this market.
Product Definition:
A large-scale reed switch is a type of electric switch that uses a thin metal reed to control the flow of electricity. The reed is placed in a glass or ceramic tube, and when it is exposed to a magnetic field, it will either open or close the circuit. Reed switches are used in a wide variety of applications, including door alarms, security systems, and automotive sensors.
Form A:
The global form A, also known as large-scale reed switch market size was valued at USD 6.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as low cost, high reliability, and wide application scope across various industries including oil & gas, power generation & distribution along with automotive sector.
Form B:
The form B is a type of electrical device used in the large-scale reed switch market. It is also known as an insulated-gate bipolar transistor (IGBT). The IGBT technology was initially developed for powertrain applications, but has since been utilized in other vehicle components such as engine control systems and advanced safety features.
Application Insights:
Based on the application, the market has been segmented into reed relays, magnetic sensors, other and optical sensors. The reed relays segment dominated the global large-scale Reed Switch market in 2017 owing to its wide applications in various industries such as oil & gas, power generation and transportation. This is attributed to its low cost of installation and maintenance along with enhanced performance characteristics over other types of switches.
The growth of this segment can be attributed to factors such as increasing demand for electricity from industrial sectors coupled with growing investments by governments across the globe in developing infrastructural facilities for renewable energy production have been contributing significantly towards product demand worldwide.
Magnetic sensor application is projected to witness significant growth during the forecast period owing to their rising use across a variety of end-use verticals including consumer electronics and medical equipment where high accuracy is required at a relatively low price point compared to their counterparts i.e.
Regional Analysis:
Asia Pacific is expected to be the largest market over the forecast period owing to increasing demand for automation in manufacturing facilities and other industrial applications. The growing adoption of reed switches in emerging countries such as China, Japan, and India is also contributing towards regional growth. Furthermore, rising investments by governments of these countries are paving way for increased usage of reed switches across a wide range of applications including transportation and energy management.
The Asia Pacific region accounted for more than 35% share in 2016 owing to high product demand from end-use industries such as manufacturing, transportation & logistics (T&L), oil & gas etc., especially from developing economies such as China and India. These factors are anticipated to boost industry expansion over the next eight years. However, slow economic growth along with stringent government regulations regarding energy consumption may hinder market development during the forecast period 2017’to 2030 (forecast).
Growth Factors:
- Increasing demand for reed switches in automotive and industrial applications
- Growing popularity of reed switches in smart grid and renewable energy applications
- Rising demand for miniaturized reed switch sensors
- Proliferation of Internet of Things (IoT) and connected devices
- Advances in manufacturing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Large-scale Reed Switch Market Research Report
By Type
Form A, Form B, Form C, Others
By Application
Reed Relays, Magnetic Sensors, Other
By Companies
OKI, Littelfuse, RMCIP, Standex-Meder, Nippon Aleph, HSI Sensing, Coto, PIT-RADWAR, STG, Harbin Electric Group, Zhejiang Xurui, PIC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Large-scale Reed Switch Market Report Segments:
The global Large-scale Reed Switch market is segmented on the basis of:
Types
Form A, Form B, Form C, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Reed Relays, Magnetic Sensors, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OKI
- Littelfuse
- RMCIP
- Standex-Meder
- Nippon Aleph
- HSI Sensing
- Coto
- PIT-RADWAR
- STG
- Harbin Electric Group
- Zhejiang Xurui
- PIC
Highlights of The Large-scale Reed Switch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Form A
- Form B
- Form C
- Others
- By Application:
- Reed Relays
- Magnetic Sensors
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Large-scale Reed Switch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Large-scale Reed Switch is a network management tool that helps administrators manage large networks. It provides centralized control over devices and traffic on the network, making it easier to monitor and troubleshoot problems.
Some of the major players in the large-scale reed switch market are OKI, Littelfuse, RMCIP, Standex-Meder, Nippon Aleph, HSI Sensing, Coto, PIT-RADWAR, STG, Harbin Electric Group, Zhejiang Xurui, PIC.
The large-scale reed switch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Large-scale Reed Switch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Large-scale Reed Switch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Large-scale Reed Switch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Large-scale Reed Switch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Large-scale Reed Switch Market Size & Forecast, 2018-2028
4.5.1 Large-scale Reed Switch Market Size and Y-o-Y Growth
4.5.2 Large-scale Reed Switch Market Absolute $ Opportunity
Chapter 5 Global Large-scale Reed Switch Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Large-scale Reed Switch Market Size Forecast by Type
5.2.1 Form A
5.2.2 Form B
5.2.3 Form C
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Large-scale Reed Switch Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Large-scale Reed Switch Market Size Forecast by Applications
6.2.1 Reed Relays
6.2.2 Magnetic Sensors
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Large-scale Reed Switch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Large-scale Reed Switch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Large-scale Reed Switch Analysis and Forecast
9.1 Introduction
9.2 North America Large-scale Reed Switch Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Large-scale Reed Switch Market Size Forecast by Type
9.6.1 Form A
9.6.2 Form B
9.6.3 Form C
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Large-scale Reed Switch Market Size Forecast by Applications
9.10.1 Reed Relays
9.10.2 Magnetic Sensors
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Large-scale Reed Switch Analysis and Forecast
10.1 Introduction
10.2 Europe Large-scale Reed Switch Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Large-scale Reed Switch Market Size Forecast by Type
10.6.1 Form A
10.6.2 Form B
10.6.3 Form C
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Large-scale Reed Switch Market Size Forecast by Applications
10.10.1 Reed Relays
10.10.2 Magnetic Sensors
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Large-scale Reed Switch Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Large-scale Reed Switch Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Large-scale Reed Switch Market Size Forecast by Type
11.6.1 Form A
11.6.2 Form B
11.6.3 Form C
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Large-scale Reed Switch Market Size Forecast by Applications
11.10.1 Reed Relays
11.10.2 Magnetic Sensors
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Large-scale Reed Switch Analysis and Forecast
12.1 Introduction
12.2 Latin America Large-scale Reed Switch Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Large-scale Reed Switch Market Size Forecast by Type
12.6.1 Form A
12.6.2 Form B
12.6.3 Form C
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Large-scale Reed Switch Market Size Forecast by Applications
12.10.1 Reed Relays
12.10.2 Magnetic Sensors
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Large-scale Reed Switch Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Large-scale Reed Switch Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Large-scale Reed Switch Market Size Forecast by Type
13.6.1 Form A
13.6.2 Form B
13.6.3 Form C
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Large-scale Reed Switch Market Size Forecast by Applications
13.10.1 Reed Relays
13.10.2 Magnetic Sensors
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Large-scale Reed Switch Market: Competitive Dashboard
14.2 Global Large-scale Reed Switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OKI
14.3.2 Littelfuse
14.3.3 RMCIP
14.3.4 Standex-Meder
14.3.5 Nippon Aleph
14.3.6 HSI Sensing
14.3.7 Coto
14.3.8 PIT-RADWAR
14.3.9 STG
14.3.10 Harbin Electric Group
14.3.11 Zhejiang Xurui
14.3.12 PIC
