Reed Relay Market

A reed relay is a type of relay that uses an electromagnet to control one or more reed switches. The contacts are of magnetic material and the electromagnet acts directly on them without requiring an armature to move them. Sealed in a long, narrow glass tube, the contacts are protected from corrosion. The glass envelope may contain multiple reed switches or multiple reed switches can be inserted into a single bobbin and actuate simultaneously. Reed switches have been manufactured since the 1930s.

Compared with armature-based relays, reed relays can switch much faster, as the moving parts are small and lightweight, although switch bounce is still present. Also, they require less operating power and have lower contact capacitance. Their current handling capacity is limited but, with appropriate contact materials, they are suitable for "dry" switching applications. They are mechanically simple, making for reliability and long life.

Reed Relay Market contains market size and forecasts of Reed Relay in global, including the following market information:

Global Reed Relay Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Reed Relay Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Reed Relay companies in 2021 (%)

The global Reed Relay market was valued at 233.2 million in 2021 and is projected to reach US$ 297.5 million by 2028, at a CAGR of 3.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Less Than 200V Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Reed Relay include Standex Electronics, Littelfuse, Coto Technology, Pickering Electronics, TE Connectivity, Cynergy3 (Sensata), Schneider Electric, Comus and Celduc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Reed Relay manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Reed Relay Market, by Switching Voltage, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Reed Relay Market Segment Percentages, by Switching Voltage, 2021 (%)

Less Than 200V

Less Than 500V

Less Than 1kV

Less Than 7.5kV

Less Than 10kV

More Than 10kV

Global Reed Relay Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Reed Relay Market Segment Percentages, by Application, 2021 (%)

Automatic Test Equipment & Instrumentation

Medical

Telecommunication

EV Battery Management Systems

EV Charging Stations

Others

Global Reed Relay Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Reed Relay Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Reed Relay revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Reed Relay revenues share in global market, 2021 (%)

Key companies Reed Relay sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Reed Relay sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Standex Electronics

Littelfuse

Coto Technology

Pickering Electronics

TE Connectivity

Cynergy3 (Sensata)

Schneider Electric

Comus

Celduc

Yaskawa

Sanyu Switch

Cosmo Electronics