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Magnetic Reed Switch Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Standex, Nippon Aleph, RMCIP, Littelfuse

08 Jan, 2020 | 115 Pages
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The global magnetic reed switch Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.0% during the review period (2022 to 2027)



Magnetic Reed Switch Market Overview



The reed switch is an electrical switch operated by an applied magnetic field. It covers a pair (or more) of magnetizable, flexible, metal reeds whose end portions are separated by a small gap. The reeds are hermetically sealed in opposite ends of a tubular glass envelope. The two ferrous materials inside the switch pull together when exposed to a magnetic field and hence completing the circuit.Reliability and durability are challenges for reed switch users. Reed switches have numerous inherent disadvantages, including susceptibility to breakage issues during installation and its susceptibility to shock or vibration applications, lower durability, a limited life due to the mechanical nature of the switch, as well as issues due to the contact bounce. When leads on the reed switches are soldered into the circuit, they bend significantly, which can easily crack the glass enclosure of the switch, making the switch unusable. Therefore, reed switch manufacturers carefully provide specific installation instructions, in order to limit this breakage.Reed Switch have been used as an effective passive safety system to alert the driver. Reed Switch for early brake sensing is one of the major and common usages of automotive reed Switch as mechanisms to alert drivers about possible collision or accident, during the application of brakes.



Industry News



February 2017, Standex Electronics, Inc., a U.S.-based reed switch device manufacturing company, acquired Oki Sensor Device Corporation, a Japan-based electronic components manufacturing company. Through this acquisition, Standex Electronics, Inc. could expand its presence in the Asia Pacific market.



Who are the Major Players in Magnetic Reed Switch Market?



Top Key players in the Magnetic Reed Switch Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Magnetic Reed Switch Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Standex, Nippon Aleph, RMCIP, Littelfuse, Coto Technology, HSI Sensing, Comus International, PIC, PIT-RADWAR, Misensor, STG and others.



Global Magnetic Reed Switch Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.



What are the major Applications, Types and Regions for Magnetic Reed Switch Market?



Magnetic Reed Switch Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented int




  • Form A Reed Switch

  • Form B Reed Switch

  • Form C Reed Switch

  • Dry-Reed Sensor

  • Mercury-Wetted Reed Sensor



By Applications it is segmented into




  • Automotive

  • Home Appliance

  • Office Automation

  • Industrial Control

  • Other



Magnetic Reed Switch Market Regional Analysis



The growing automobile sector in the Asia-Pacific region, with India and China emerging as automotive part manufacture hubs for the western automobile giants, is expected to drive the market for reed switches in this region.Over the past couple of years, the reed switch market in the Asia-Pacific region had grown rapidly, with a global share of around 35%, followed by North America and Europe. In a nutshell, automobile manufacturers are now focusing on sourcing more reliable sensors, like the reed switches that are also economically feasible.



The report offers in-depth assessment of the growth and other aspects of the Magnetic Reed Switch Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.



What is our Magnetic Reed Switch Market report scope?



























































Report Attributes



Report Details



Report Title



Magnetic Reed Switch Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Standex, Nippon Aleph, RMCIP, Littelfuse



Forecast Period 2022 to 2027 CAGR



CAGR of 12.0% during the review period (2022 to 2027).



By Type




  • Form A Reed Switch

  • Form B Reed Switch

  • Form C Reed Switch

  • Dry-Reed Sensor

  • Mercury-Wetted Reed Sensor

  • Others



By Application




  • Automotive

  • Home Appliance

  • Office Automation

  • Industrial Control

  • Others



By Companies



Standex, Nippon Aleph, RMCIP, Littelfuse, Coto Technology, HSI Sensing, Comus International, PIC, PIT-RADWAR, Misensor, STG and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



115



Customization Available



Yes, the report can be customized as per your needs






   



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Magnetic Reed Switch Report




  • Evaluate Magnetic Reed Switch market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Magnetic Reed Switch market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



FAQ -



What is the study period of this market?



The Magnetic Reed Switch Market is studied from 2017 - 2027.



 What is the growth rate of Magnetic Reed Switch Market?



The Magnetic Reed Switch Market is growing at a CAGR of 12.0% over the next 5 years.



What regions does this Magnetic Reed Switch Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. Magnetic Reed Switch Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Magnetic Reed Switch

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Magnetic Reed Switch industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Magnetic Reed Switch Market Size, 2016 to 2021

      2. Global Magnetic Reed Switch Market Size by Type, 2016 to 2021

      3. Global Magnetic Reed Switch Market Size by Application, 2016 to 2021

      4. Global Magnetic Reed Switch Market Size by Region, 2016 to 2021



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Magnetic Reed Switch Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Magnetic Reed Switch Analysis

    2. Major Players of Magnetic Reed Switch

    3. Magnetic Reed Switch Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Magnetic Reed Switch

      3. Labor Cost of Magnetic Reed Switch



    4. Market Distributors of Magnetic Reed Switch

    5. Major Downstream Buyers of Magnetic Reed Switch Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Magnetic Reed Switch Market, by Type

    1. Global Magnetic Reed Switch Value and Market Share by Type (2016 - 2021)

    2. Global Magnetic Reed Switch Production and Market Share by Type (2016 - 2021)

    3. Global Magnetic Reed Switch Value and Growth Rate by Type (2016 - 2021)

      1. Global Magnetic Reed Switch Value and Growth Rate of Form A Reed Switch

      2. Global Magnetic Reed Switch Value and Growth Rate of Form B Reed Switch

      3. Global Magnetic Reed Switch Value and Growth Rate of Form C Reed Switch

      4. Global Magnetic Reed Switch Value and Growth Rate of Other



    4. Global Magnetic Reed Switch Price Analysis by Type (2016 - 2021)



  5. Magnetic Reed Switch Market, by Application

    1. Downstream Market Overview

    2. Global Magnetic Reed Switch Consumption and Market Share by Application (2016 - 2021)

    3. Global Magnetic Reed Switch Consumption and Growth Rate by Application (2016 - 2021)

      1. Automotive Global Magnetic Reed Switch Consumption and Growth Rate (2016-2021)

      2. Home Appliance Global Magnetic Reed Switch Consumption and Growth Rate (2016-2021)

      3. Office Automation Global Magnetic Reed Switch Consumption and Growth Rate (2016-2021)

      4. Industrial Control Global Magnetic Reed Switch Consumption and Growth Rate (2016-2021)

      5. Other Global Magnetic Reed Switch Consumption and Growth Rate (2016-2021)





  6. Global Magnetic Reed Switch Market Analysis by Regions

    1. Global Magnetic Reed Switch Sales, Revenue and Market Share by Regions

      1. Global Magnetic Reed Switch Sales by Regions (2016 - 2021)

      2. Global Magnetic Reed Switch Revenue by Regions (2016 - 2021)



    2. North America Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    3. Europe Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. Asia-Pacific Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. Middle East and Africa Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    6. South America Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  7. North America Magnetic Reed Switch Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Magnetic Reed Switch Sales, Revenue and Market Share by Countries

      1. North America Magnetic Reed Switch Sales by Countries (2016 - 2021)

      2. North America Magnetic Reed Switch Revenue by Countries (2016 - 2021



    3. United States Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. Canada Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. Mexico Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  8. Europe Magnetic Reed Switch Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Magnetic Reed Switch Sales, Revenue and Market Share by Countries

      1. Europe Magnetic Reed Switch Sales by Countries (2016 - 2021)

      2. Europe Magnetic Reed Switch Revenue by Countries (2016 - 2021)



    3. Germany Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. UK Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. France Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    6. Italy Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    7. Spain Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    8. Russia Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  9. Asia Pacific Magnetic Reed Switch Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Magnetic Reed Switch Sales, Revenue and Market Share by Countries

      1. Asia Pacific Magnetic Reed Switch Sales by Countries (2016 - 2021)

      2. Asia Pacific Magnetic Reed Switch Revenue by Countries (2016 - 2021)



    3. China Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. Japan Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. South Korea Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    6. India Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    7. Southeast Asia Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    8. Australia Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  10. Middle East and Africa Magnetic Reed Switch Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Magnetic Reed Switch Sales, Revenue and Market Share by Countries

      1. Middle East and Africa Magnetic Reed Switch Sales by Countries (2016 - 2021)

      2. Middle East and Africa Magnetic Reed Switch Revenue by Countries (2016 - 2021)


      Application_List

    3. Saudi Arabia Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. UAE Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. Egypt Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    6. Nigeria Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    7. South Africa Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  11. South America Magnetic Reed Switch Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Magnetic Reed Switch Sales, Revenue and Market Share by Countries

      1. South America Magnetic Reed Switch Sales by Countries (2016 - 2021)

      2. South America Magnetic Reed Switch Revenue by Countries (2016 - 2021)



    3. Brazil Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    4. Argentina Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    5. Columbia Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)

    6. Chile Magnetic Reed Switch Sales and Growth Rate (2016 - 2021)



  12. Competitive Landscape

    1. Standex

      1. Standex Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Standex Production, Value, Price, Gross Margin 2016 - 2021



    2. Nippon Aleph

      1. Nippon Aleph Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Nippon Aleph Production, Value, Price, Gross Margin 2016 - 2021



    3. RMCIP

      1. RMCIP Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. RMCIP Production, Value, Price, Gross Margin 2016 - 2021



    4. Littelfuse

      1. Littelfuse Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Littelfuse Production, Value, Price, Gross Margin 2016 - 2021



    5. Coto Technology

      1. Coto Technology Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Coto Technology Production, Value, Price, Gross Margin 2016 - 2021



    6. HSI Sensing

      1. HSI Sensing Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. HSI Sensing Production, Value, Price, Gross Margin 2016 - 2021



    7. Comus International

      1. Comus International Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Comus International Production, Value, Price, Gross Margin 2016 - 2021



    8. PIC

      1. PIC Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. PIC Production, Value, Price, Gross Margin 2016 - 2021



    9. PIT-RADWAR

      1. PIT-RADWAR Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. PIT-RADWAR Production, Value, Price, Gross Margin 2016 - 2021



    10. Misensor

      1. Misensor Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. Misensor Production, Value, Price, Gross Margin 2016 - 2021



    11. STG

      1. STG Basic Information

      2. Magnetic Reed Switch Product Introduction

      3. STG Production, Value, Price, Gross Margin 2016 - 2021





  13. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  14. Global Magnetic Reed Switch Market Forecast

    1. Global Magnetic Reed Switch Market Value & Volume Forecast, by Type (2021 - 2025)

      1. Global Magnetic Reed Switch Value and Growth Rate of Form A Reed Switch

      2. Global Magnetic Reed Switch Value and Growth Rate of Form B Reed Switch

      3. Global Magnetic Reed Switch Value and Growth Rate of Form C Reed Switch



    2. Global Magnetic Reed Switch Market Value & Volume Forecast, by Application (2021 - 2025)

      1. Automotive Global Magnetic Reed Switch Consumption and Growth Rate (2021-2025)

      2. Home Appliance Global Magnetic Reed Switch Consumption and Growth Rate (2021-2025)

      3. Office Automation Global Magnetic Reed Switch Consumption and Growth Rate (2021-2025)

      4. Industrial Control Global Magnetic Reed Switch Consumption and Growth Rate (2021-2025)

      5. Other Global Magnetic Reed Switch Consumption and Growth Rate (2021-2025)



    3. Magnetic Reed Switch Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2021 - 2025)

      2. Asia Pacific Market Value and Consumption Forecast (2021 - 2025)

      3. Middle East and Africa Market Value and Consumption Forecast (2021 - 2025)

      4. South America Market Value and Consumption Forecast (2021 - 2025)





  15. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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