Global Large-scale Reed Switch Market: Overview

The global large-scale reed switch market size was significantly robust in 2020 and is expected to register a relatively steady revenue CAGR over the forecast period. Robust market revenue growth can be attributed to increasing applications of reed switches across various end-use industries including consumer electronics, telecommunications, automotive, healthcare, construction, security, and robotics & automation. Some other key factors driving market growth are increasing use of security systems such as burglar alarms and access control systems in residential and commercial buildings, technological advancements in automotive safety solutions, and surging demand for high-performance consumer electronic devices.

A large-scale reed switch is an electromagnetic switch that controls electricity flow in a circuit using a magnetic field. A reed switch consists of two or more ferrous reeds that magnetize and enable an electrical current to pass through. These switches are specifically designed for use in low-to-high-temperature environments and offer high corrosion-resistance and high operating speed. Unlike mechanical switches, these switches do not lead to mechanical wear and tear as there is no physical pressure applied. Reed switches must be hermetically sealed for safety, particularly in environments with harsh temperatures.

Global Large-scale Reed Switch Market: Dynamics
Drivers: Advantages of reed switches over mechanical switches

Rising preference for reed switches over mechanical switches is one of the key factors driving global market growth. Reed switches offer several advantages over mechanical switches such as better operating speed, enhanced resistance to atmospheric corrosion, and zero mechanical wear and tear due to absence of physical pressure. Unlike mechanical switches, reed switches operate within a magnetic field and do not require voltage supply.

Restraints: Disadvantages associated with reed switches

Global large-scale reed switch market growth is expected to be restrained due to certain disadvantages associated with reed switches. Faults in designing of a reed switch could potentially impact performance, leading to false signal responses. Moreover, exposure to mechanical shock or vibration could result in breakage of the glass capsule encasing the switch and hamper its magnetic sensitivity.

Global Large-scale Reed Switch Market: Type Outlook

The form A (SPST) segment dominated other type segments in terms of revenue share in the global large-scale reed switch market. Form A reed switches act as proximity sensors in various mechanical system, and are widely used in door and window sensors and security alarm systems as a result. 

Global Large-scale Reed Switch Market: Regional Outlook

Based on regional analysis, the North America large-scale reed switch market is expected to dominate other regional markets in terms of revenue share over the forecast period. North America market revenue growth is driven by the growing smart home trend, increasing use of advanced industrial control systems, and thriving consumer electronics and automotive industries across countries in the region, and the trend is expected to continue over the forecast period.

Companies Profiled in the Report:

Standex-Meder Electronics, Inc., Littelfuse, Inc., Harbin Electric Group, OKI Group, Nippon Aleph Corporation, SMC Corporation of America, Omron Corporation, HSI Sensing, Coto Technology, SparkFun Electronics Corporation, PIC GmbH, STG Germany GmbH, Comus International, Thomas White (Leicester) Limited, and Ryazan Metal Ceramics Instrumentation Plant JSC (RMCIP) are among the major companies operating in the global large-scale reed switch market.

In November 2020, consumer electronics company, TE Connectivity, designed its all-new liquid level switches for advanced industrial liquid level monitoring. Based on the reed switch technology, these switches deliver lower contact resistance, high electrical load capacity, and extended product life. These switches are mostly deployed in Heating, Ventilation, And Air Conditioning (HVAC) and wastewater systems.

Report Scope & Segments Covered in the Report:

This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2028. The global large-scale reed switch market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global large-scale reed switch market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.

For the purpose of this report, the global large-scale reed switch market is segmented based on type, application, end-use industry, and region:

Type Outlook (Revenue, USD Billion; 2018-2028)

  • Form A (Single Pole, Single Throw [SPST])
  • Form B (Single Pole, Single Throw [SPST])
  • Form C (Single Pole, Double Throw [SPDT])
  • Latch Type
  • Others

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Relay Applications
  • Magnetic Sensing
  • Position Sensing
  • Temperature Sensing
  • Pulse Sensing
  • Others

End-use Industry Outlook (Revenue, USD Billion; 2018-2028)

  • Consumer Electronics
  • Telecommunication
  • Healthcare
  • Automotive
  • Construction & Security
  • Robotics & Automation
  • Industrial Controls
  • Marine & Weather
  • Others

Region Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Singapore
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East & Africa

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