Reed Relay market

Reed Relay Market - Global Outlook and Forecast 2022-2028

  • 21 January 2022
  • Energy and Natural Resources
  • 76 Pages
  • Report code : PMR-6791276

  • 4.7 (158)

Reed Relay Market

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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

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