Reed switches/sensors market is anticipated to grow at a CAGR of 9.5% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for automation across the globe. The development in automation across sectors has raised increasing demand for sensors that provide reliable responses in a variety of applications. For instance, in August 2023, Littelfuse, Inc. released its newest products, the 59155 and 59156. The globe’s smallest subminiature flange mount reed sensors offer contactless activation, minimal dimensions, and versatility, making them suitable for various sectors with tight spacing requirements. The 59155 and 59156 are miniature reed sensors with a switchable voltage of 120 Vac/170 Vdc, suitable for various applications including small appliances, security, and IoT.
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The global reed switches/sensors market is segmented on the reed sensor type, reed sensor mount type, and application. Based on the reed sensor type, the market is sub-segmented into high-temperature reed sensors, high-voltage reed sensors, metal detection reed sensors, dry-reed sensor
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Reed Switches/Sensors Market Report Segment
By Reed Sensor Type
- High-Temperature Reed Sensor
- High Voltage Reed Sensor
- Metal Detection Reed Sensor
- Dry-Reed Sensor
- Mercury-Wetted Reed Sensor
- Others (Ultra-Miniature)
By Reed Sensor Mount Type
- Panel Mount
- Screw Mount
- Surface Mount
- Thread Mount
By Application
- Automotive & Transportation
- Consumer Electronics & Appliances
- Cruise Control
- Infotainment Systems
- Safety Systems
- Others(Robotics & Automation, and Telecommunications)
Global Reed Switches/Sensors Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global reed switches/sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.
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