Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Magnetic Reed Proximity Sensors Market by Type (Analog Type, Digital Type), By Application (Aerospace & Defense, Automotive, Food & Beverage, Pharmaceuticals, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Magnetic Reed Proximity Sensors Market by Type (Analog Type, Digital Type), By Application (Aerospace & Defense, Automotive, Food & Beverage, Pharmaceuticals, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130472 3300 Electronics & Semiconductor 377 244 Pages 4.6 (43)

Market Overview:

The global magnetic reed proximity sensors 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 these sensors in various applications, such as aerospace & defense, automotive, food & beverage, pharmaceuticals and others. Additionally, the growing demand for miniaturized and low-power sensors is also contributing to the growth of this market.

Global Magnetic Reed Proximity Sensors Industry Outlook

Product Definition:

A Magnetic Reed Proximity Sensor is a device that uses a magnet and two reed switches to detect the presence or absence of a metal object. The sensor is usually mounted on the end of an arm, which can be extended to reach the desired object. When the magnet is close to the reed switches, they close and send a signal to indicate that the object is present. Magnetic Reed Proximity Sensors are often used in industrial applications where it is necessary to detect the presence or absence of metal objects.

Analog Type:

Analog type is a technology used in magnetic reed proximity sensors to measure the time between two consecutive pulses. It provides an output signal with a continuous range of values from 0 to 1023 seconds and has advantages such as low cost, immunity against electromagnetic interference, and easy installation over other types of sensors.

Digital Type:

Digital type is a method to represent any type of information with the use of two or more values. The most common digital types are Boolean, BCD (Binary Coded Decimal), and 8-bit. These three main digital types are used in various applications such as medical equipment, automobile diagnostic systems, consumer electronics devices among others.

BCD stands for “Binary Coded Decimal” which represents numbers using only 0.

Application Insights:

The aerospace and defense application segment accounted for the largest revenue share of over 40% in 2017. The growing demand for advanced technologies that enhance aircraft safety is expected to be a key factor driving the growth of this segment. Moreover, increasing air traffic across various airports globally is further anticipated to propel market growth over the forecast period.

Magnetic reed proximity sensors are used in numerous applications including automotive, food and beverage, pharmaceuticals, machine tools and robotics equipment manufacturing industries owing to their enhanced accuracy level as compared with other conventional proximity sensor solutions. These sensors provide reliable solutions in harsh environments such as industrial areas or warehouses where there is a high risk of getting damaged by other types of contact switches due to magnetic fields or electric fields generated by metal objects near them.

The others application segment includes energy storage systems, heavy machinery manufacturing facilities automation installations etc.

Regional Analysis:

North America is expected to be the key regional market over the forecast period owing to its well-established manufacturing sector and growing industrial automation. The U.S.-based companies are engaged in extensive R&D activities for developing advanced sensors, which will help them in gaining a competitive edge. Moreover, these players are also involved in strategic initiatives such as alliances and joint ventures with other sensor manufacturers to expand their product portfolio. For instance, In January 2016, Honeywell International Inc., a multinational conglomerate company based in the U.S., acquired Bendix Brake & Signal Ltd., an Ontario-based automotive safety systems manufacturer for USD billion (USD X million).

The Asia Pacific region is projected to witness significant growth over the coming years due to increasing demand from end-use industries such as automotive and consumer electronics coupled with rising investments by foreign players seeking opportunities offered by this region’s fast developing economy and abundant resources of raw material like rare earth elements (REE).

Growth Factors:

  • Increasing demand for miniaturization in various industrial and consumer electronics applications
  • Growing trend of automation across different industry verticals
  • Proliferation of Internet of Things (IoT) and connected devices
  • Rising demand for safety and security features in automobiles and other transportation vehicles
  • Increasing adoption of magnetic Reed proximity sensors in medical devices

Scope Of The Report

Report Attributes

Report Details

Report Title

Magnetic Reed Proximity Sensors Market Research Report

By Type

Analog Type, Digital Type

By Application

Aerospace & Defense, Automotive, Food & Beverage, Pharmaceuticals, Others

By Companies


Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Magnetic Reed Proximity Sensors Market Report Segments:

The global Magnetic Reed Proximity Sensors market is segmented on the basis of:


Analog Type, Digital Type

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.


Aerospace & Defense, Automotive, Food & Beverage, Pharmaceuticals, Others

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:

  5. Idem Safety Switches
  6. SICK
  7. ...

Global Magnetic Reed Proximity Sensors Market Overview

Highlights of The Magnetic Reed Proximity Sensors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Analog Type
    2. Digital Type
  1. By Application:

    1. Aerospace & Defense
    2. Automotive
    3. Food & Beverage
    4. Pharmaceuticals
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Magnetic Reed Proximity Sensors 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.

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  • Business Expansion Strategies
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  • Understanding Competition Scenario
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Global Magnetic Reed Proximity Sensors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Magnetic Reed Proximity Sensors are a type of sensor that uses the principles of magnetism to detect objects. They use a magnetic field to sense the presence of nearby objects, and can be used in a variety of applications including security, manufacturing, and logistics. Magnetic Reed Proximity Sensors are often less expensive than other types of sensors, making them an attractive option for smaller businesses or projects.

Some of the major companies in the magnetic reed proximity sensors market are ELOBAU, BDC ELECTRONIC, BERNSTEIN, ELOBAU, Idem Safety Switches, SICK.

The magnetic reed proximity sensors market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Magnetic Reed Proximity Sensors Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Magnetic Reed Proximity Sensors Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Magnetic Reed Proximity Sensors Market - Supply Chain
   4.5. Global Magnetic Reed Proximity Sensors Market Forecast
      4.5.1. Magnetic Reed Proximity Sensors Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Magnetic Reed Proximity Sensors Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Magnetic Reed Proximity Sensors Market Absolute $ Opportunity

5. Global Magnetic Reed Proximity Sensors Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      5.3.1. Analog Type
      5.3.2. Digital Type
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Magnetic Reed Proximity Sensors Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      6.3.1. Aerospace & Defense
      6.3.2. Automotive
      6.3.3. Food & Beverage
      6.3.4. Pharmaceuticals
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Magnetic Reed Proximity Sensors Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Magnetic Reed Proximity Sensors Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Magnetic Reed Proximity Sensors Demand Share Forecast, 2019-2029

9. North America Magnetic Reed Proximity Sensors Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      9.4.1. Aerospace & Defense
      9.4.2. Automotive
      9.4.3. Food & Beverage
      9.4.4. Pharmaceuticals
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      9.7.1. Analog Type
      9.7.2. Digital Type
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Magnetic Reed Proximity Sensors Demand Share Forecast, 2019-2029

10. Latin America Magnetic Reed Proximity Sensors Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      10.4.1. Aerospace & Defense
      10.4.2. Automotive
      10.4.3. Food & Beverage
      10.4.4. Pharmaceuticals
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      10.7.1. Analog Type
      10.7.2. Digital Type
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Magnetic Reed Proximity Sensors Demand Share Forecast, 2019-2029

11. Europe Magnetic Reed Proximity Sensors Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      11.4.1. Aerospace & Defense
      11.4.2. Automotive
      11.4.3. Food & Beverage
      11.4.4. Pharmaceuticals
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      11.7.1. Analog Type
      11.7.2. Digital Type
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Magnetic Reed Proximity Sensors Demand Share, 2019-2029

12. Asia Pacific Magnetic Reed Proximity Sensors Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      12.4.1. Aerospace & Defense
      12.4.2. Automotive
      12.4.3. Food & Beverage
      12.4.4. Pharmaceuticals
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      12.7.1. Analog Type
      12.7.2. Digital Type
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Magnetic Reed Proximity Sensors Demand Share, 2019-2029

13. Middle East & Africa Magnetic Reed Proximity Sensors Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Magnetic Reed Proximity Sensors Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Application
      13.4.1. Aerospace & Defense
      13.4.2. Automotive
      13.4.3. Food & Beverage
      13.4.4. Pharmaceuticals
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Magnetic Reed Proximity Sensors Market Size and Volume Forecast by Type
      13.7.1. Analog Type
      13.7.2. Digital Type
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Magnetic Reed Proximity Sensors Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Magnetic Reed Proximity Sensors Market: Market Share Analysis
   14.2. Magnetic Reed Proximity Sensors Distributors and Customers
   14.3. Magnetic Reed Proximity Sensors Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ELOBAU Overview Financials Developments Strategic Outlook
      14.4.2. BDC ELECTRONIC Overview Financials Developments Strategic Outlook
      14.4.3. BERNSTEIN Overview Financials Developments Strategic Outlook
      14.4.4. ELOBAU Overview Financials Developments Strategic Outlook
      14.4.5. Idem Safety Switches Overview Financials Developments Strategic Outlook
      14.4.6. SICK Overview Financials Developments Strategic Outlook
      14.4.7. ... Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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