Reed Sensor Market 2024 By Size, Share, Trends, Growth Forecast

Summary

Report Description

Global Reed Sensor market is anticipated to reach over USD 2 Billion, growing at a CAGR of over 7% during the forecast period, due to the rising application of reed sensors in automotive industry. Factors, such as low operating cost and capability to work in harsh conditions, are further bolstering the growth of the market.

Based on the type, the market has been bifurcated into Dry Reed Sensor and Mercury Wetted Reed Sensor. Owing to the features, such as low cost when compared with other magnetic devices, and longer life, the dry reed sensor is anticipated to acquire major share in the forecast period. Based on the contact position, the market has been segmented into Form A, Form B, Form C and Others. The demand for form A contact position is expected to increase due to smaller size.

Robotics and Automation Application anticipated to grow at the highest rate during the forecast period

On the basis of application, the market has been segmented into Telecommunication, Automotive & Transportation, Consumer Electronics & Appliances, Safety & Security, Healthcare, Construction, Robotics & Automation and Others. The robotics and automation application segment is expected to grow at the highest CAGR during the forecast period due to the rising usage of sensors to manage conveyor speed, robotic motion and angle.

Geographically, the market has been segmented into Asia Pacific, North America, South America and Middle East & Africa and Europe. Asia Pacific is anticipated to dominate the market during the forecast period due to the increasing demand for consumer appliances and vehicles and elevation penetration of reed sensors in several industries.

Years considered for this report:

Historical Years: 2014-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2024

Objective of the Study:

To analyse and forecast the market size of Global Reed Sensor Market, in terms of value.
To classify and forecast Global Reed Sensor Market based on contact position, type, application and regional distribution.
To identify drivers and challenges for Global Reed Sensor Market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Reed Sensor Market.
To conduct the pricing analysis for Global Reed Sensor Market.
To identify and analyse the profile of leading players involved in the manufacturing of Global Reed Sensor.

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Some of the leading players in the Global Reed Sensor Market are Littelfuse, HSI Sensing, Ryazan Metal Ceramics Instrumentation Plant JSC, Standex-Meder Electronics, PIC GmbH, Coto Technology, Pickering Electronics, Aleph America, STG Germany GmbH, and Zhejiang Xurui Electronic.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Reed Sensor Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Original Equipment Manufacturers
Consumer Electronics Manufacturer
Subcomponent Manufacturer
Suppliers and Distributors
End Users
Market Research Firms
Government Institutions
Industry associations and experts
Potential Investors
Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Reed Sensor Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Contact Position:

Form A
Form B
Form C
Others

Market, By Type:

Dry-Reed Sensor
Mercury-Wetted Reed Sensor

Market, By Application:

Automotive & Transportation
Consumer Electronics & Appliances
Robotics & Automation
Telecommunications
Healthcare
Safety & Security
Construction
Others

Market, By Region:

Asia Pacific

China
India
Japan
Australia
New Zealand
South Korea

Europe

France
Germany
United Kingdom
Italy
Spain
Russia
Netherlands
Poland

North America

United States
Mexico
Canada

South America

Brazil
Argentina
Colombia
Chile

Middle East and Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Reed Sensor Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product Pricing

4.2. Factors Influencing Purchase Decision

4.3. Challenges/Issues Faced Post Purchase

4.4. Technical Feasibility

4.5. Product Awareness

5. Global Reed Sensor Market Overview

6. Global Reed Sensor Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Contact Position (Form A, Form B, Form C and Others)

6.2.2. By Type (Dry Reed Sensor and Mercury Wetted Reed Sensor)

6.2.3. By Application (Telecommunication, Automotive & Transportation, Consumer Electronics & Appliances, Safety & Security, Healthcare, Construction, Robotics & Automation and Others)

6.2.4. By Region

6.2.5. By Company

6.3. Market Attractiveness Index

7. Asia-Pacific Reed Sensor Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Contact Position

7.2.3. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. China Reed Sensor Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Type

7.4.1.2.2. By Contact Position

7.4.1.3. Pricing Analysis

7.4.1.4. Market Attractiveness Index

7.4.2. India Reed Sensor Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Type

7.4.2.2.2. By Contact Position

7.4.2.3. Pricing Analysis

7.4.2.4. Market Attractiveness Index

7.4.3. Japan Reed Sensor Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Type

7.4.3.2.2. By Contact Position

7.4.3.3. Pricing Analysis

7.4.3.4. Market Attractiveness Index

7.4.4. South Korea Reed Sensor Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Type

7.4.4.2.2. By Contact Position

7.4.4.3. Pricing Analysis

7.4.4.4. Market Attractiveness Index

7.4.5. Australia Reed Sensor Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Type

7.4.5.2.2. By Contact Position

7.4.5.3. Pricing Analysis

7.4.5.4. Market Attractiveness Index

7.4.6. New Zealand Reed Sensor Market Outlook

7.4.6.1. Market Size & Forecast

7.4.6.1.1. By Value

7.4.6.2. Market Share & Forecast

7.4.6.2.1. By Type

7.4.6.2.2. By Contact Position

7.4.6.3. Pricing Analysis

7.4.6.4. Market Attractiveness Index

8. Europe Reed Sensor Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Contact Position

8.2.3. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. France Reed Sensor Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Type

8.4.1.2.2. By Contact Position

8.4.1.3. Pricing Analysis

8.4.1.4. Market Attractiveness Index

8.4.2. Germany Reed Sensor Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Type

8.4.2.2.2. By Contact Position

8.4.2.3. Pricing Analysis

8.4.2.4. Market Attractiveness Index

8.4.3. United Kingdom Reed Sensor Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Type

8.4.3.2.2. By Contact Position

8.4.3.3. Pricing Analysis

8.4.3.4. Market Attractiveness Index

8.4.4. Italy Reed Sensor Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Type

8.4.4.2.2. By Contact Position

8.4.4.3. Pricing Analysis

8.4.4.4. Market Attractiveness Index

8.4.5. Spain Reed Sensor Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Type

8.4.5.2.2. By Contact Position

8.4.5.3. Pricing Analysis

8.4.5.4. Market Attractiveness Index

8.4.6. Russia Reed Sensor Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Type

8.4.6.2.2. By Contact Position

8.4.6.3. Pricing Analysis

8.4.6.4. Market Attractiveness Index

8.4.7. Poland Reed Sensor Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Type

8.4.7.2.2. By Contact Position

8.4.7.3. Pricing Analysis

8.4.7.4. Market Attractiveness Index

8.4.8. Netherlands Reed Sensor Market Outlook

8.4.8.1. Market Size & Forecast

8.4.8.1.1. By Value

8.4.8.2. Market Share & Forecast

8.4.8.2.1. By Type

8.4.8.2.2. By Contact Position

8.4.8.3. Pricing Analysis

8.4.8.4. Market Attractiveness Index

9. North America Reed Sensor Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Contact Position

9.2.3. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Reed Sensor Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Type

9.4.1.2.2. By Contact Position

9.4.1.3. Pricing Analysis

9.4.1.4. Market Attractiveness Index

9.4.2. Mexico Reed Sensor Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Type

9.4.2.2.2. By Contact Position

9.4.2.3. Pricing Analysis

9.4.2.4. Market Attractiveness Index

9.4.3. Canada Reed Sensor Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Type

9.4.3.2.2. By Contact Position

9.4.3.3. Pricing Analysis

9.4.3.4. Market Attractiveness Index

10. South America Reed Sensor Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Contact Position

10.2.3. By Country

10.3. Market Attractiveness Index

10.4. South America: Country Analysis

10.4.1. Brazil Reed Sensor Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Type

10.4.1.2.2. By Contact Position

10.4.1.3. Pricing Analysis

10.4.1.4. Market Attractiveness Index

10.4.2. Argentina Reed Sensor Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Type

10.4.2.2.2. By Contact Position

10.4.2.3. Pricing Analysis

10.4.2.4. Market Attractiveness Index

10.4.3. Colombia Reed Sensor Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Type

10.4.3.2.2. By Contact Position

10.4.3.3. Pricing Analysis

10.4.3.4. Market Attractiveness Index

10.4.4. Chile Reed Sensor Market Outlook

10.4.4.1. Market Size & Forecast

10.4.4.1.1. By Value

10.4.4.2. Market Share & Forecast

10.4.4.2.1. By Type

10.4.4.2.2. By Contact Position

10.4.4.3. Pricing Analysis

10.4.4.4. Market Attractiveness Index

11. Middle East and Africa Reed Sensor Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Contact Position

11.2.3. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Reed Sensor Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Type

11.4.1.2.2. By Contact Position

11.4.1.3. Pricing Analysis

11.4.1.4. Market Attractiveness Index

11.4.2. Saudi Arabia Reed Sensor Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Type

11.4.2.2.2. By Contact Position

11.4.2.3. Pricing Analysis

11.4.2.4. Market Attractiveness Index

11.4.3. UAE Reed Sensor Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Type

11.4.3.2.2. By Contact Position

11.4.3.3. Pricing Analysis

11.4.3.4. Market Attractiveness Index

12. Market Dynamics

12.1. Drivers

12.2. Challenges

12.3. Opportunities

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles (Top 10 Companies)

15. Strategic Recommendation

Figures and Tables

Frequently asked questions

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