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Market Research Report

Reed switch device Market, By Product Type, By Application, By Distribution Channel, By Industry Vertical, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published by Coherent Market Insights Product code 959469
Published Content info 130 Pages
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Reed switch device Market, By Product Type, By Application, By Distribution Channel, By Industry Vertical, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Published: September 3, 2020 Content info: 130 Pages
Description

Title:
Reed switch device Market, By Product Type (Normally Open (A-Type), Normally Closed (B-Type), and Changeover (C-Type)), By Application (Reed Relays and Magnetic Sensors), By Distribution Channel (Direct Sales and Distributor), By Industry Vertical (Electronics & Communications, Automotive, Security, Robotics & Automation, Marine & Weather, Internet of Things (IoT), and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027.

A reed switch is made of two ferromagnetic blades, which are hermetically sealed in a glass tube filled with inert gas such as nitrogen to reduce blade corrosion. These blades are protected from corrosion and other environmental parameters using rhodium or ruthenium. Reed switch devices are mainly divided into three types, normally open (A-Type), normally closed (B-Type), and changeover (C-Type). As per its application, type of reed switch device changes.

Market Dynamics

Reed switch device are mainly used to detect the opening of a door, when used as proximity sensor. Normally open reed switch device is used when the door is closed so that when the door opens, magnetic field changes and circuit becomes complete, which will trigger the alarm. Due to its simple construction and low cost operation, it remains as a good alternative for other proximity sensors. Increasing demand for security devices across the globe will drive growth of the global reed switch device market during the forecast period. According to Coherent Market Insights' analysis, the global security door market is expected to register a CAGR of 7.2% over the forecast period.

Due to government initiatives to reduce carbon footprints, governments across the globe are providing incentives for electric vehicles. For instance, the government of Norway provides various advantages to electric car owners and sellers such as no sales tax for electric car companies to sell vehicles in Norway, annual tax reduction to electric car owners, and others. Due to these factors, the electric vehicle market is expected to witness growth over the forecast period. Reed switch device is used in electric vehicles at charging points. Increasing demand for electric vehicle will, in turn, increase demand for reed switch devices.

Key features of the study:

  • This report provides an in-depth analysis of the global reed switch device market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
  • It profiles leading players in the global reed switch device market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the global reed switch device market include Littelfuse, Inc., RMCIP, Standex Electronics, Inc., Nippon Aleph, HSI Sensing, Inc., Coto Technology USA, PIT-RADWAR S.A., PIC GmbH, STG Germany GmbH, Harbin Electric Group, Zhejiang Xurui, Zippy Technology Corp., Honeywell International Inc., Molex Incorporated, and others
  • These key market players are focusing on collaborating with other market leaders to launch new products to meet the increasing consumer requirements
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global reed switch device market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reed switch device market

Detailed Segmentation:

  • Global Reed Switch Device Market, By Product Type:
    • Normally Open (A-Type)
    • Normally Closed (B-Type)
    • Changeover (C-Type)
  • Global Reed Switch Device Market, By Distribution Channel:
    • Direct Sales
    • Distributor
  • Global Reed Switch Device Market, By Industry Vertical:
    • Electronics & Communications
    • Automotive
    • Security
    • Robotics & Automation
    • Marine & Weather
    • Internet of Things (IoT)
    • Others
  • Global Reed Switch Device Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  • Company Profiles
    • Littelfuse, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • RMCIP
    • Standex Electronics, Inc.
    • Nippon Aleph
    • HSI Sensing, Inc.
    • Coto Technology USA
    • PIT-RADWAR S.A.
    • PIC GmbH
    • STG Germany GmbH
    • Harbin Electric Group
    • Zhejiang Xurui
    • Zippy Technology Corp.
    • Honeywell International Inc.
    • Molex Incorporated
  • Browse all the market data tables and figures on "Global Reed Switch Device Market- Forecast to 2027"
Table of Contents

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By Application
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Industry Vertical
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New System Launch/Approvals

4. Impact of COVID-19 Pandemic on Global Reed Switch Device Market

  • Short Term and Long Term Impact, by Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa

5. Global Reed Switch Device Market, By Product Type, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2019 and 2027 (%)
    • Segment Trends
  • Normally Open (A-Type)
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Normally Closed (B-Type)
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Changeover (C-Type)
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)

6. Global Reed Switch Device Market, By Application, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2019 and 2027 (%)
    • Segment Trends
  • Reed Relays
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Magnetic Sensors
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)

7. Global Reed Switch Device Market, By Distribution Channel, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2019 and 2027 (%)
    • Segment Trends
  • Direct Sales
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Distributor
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)

8. Global Reed Switch Device Market, By Industry Vertical, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, 2019 and 2027 (%)
    • Segment Trends
  • Electronics & Communications
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Automotive
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Security
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Robotics & Automation
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Marine & Weather
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Internet of Things (IoT)
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)
  • Others
    • Introduction
    • Market Size and Forecast, 2020-2027, (US$ Million)

9. Global Reed Switch Device Market, By Region, 2017-2027 (US$ Million)

  • Introduction
    • Market Share Analysis, By Region, 2019 and 2027 (%)
  • North America
    • Regional Trends
    • Market Size and Forecast, By Product Type, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Application, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Distribution Channel, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Industry Vertical, 2020-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • U.S.
    • Canada
  • Europe
    • Regional Trends
    • Market Size and Forecast, By Product Type, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Application, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Distribution Channel, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Industry Vertical, 2020-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • U.K.
    • Spain
    • Germany
    • Italy
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Regional Trends
    • Market Size and Forecast, By Product Type, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Application, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Distribution Channel, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Industry Vertical, 2020-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Regional Trends
    • Market Size and Forecast, By Product Type, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Application, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Distribution Channel, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Industry Vertical, 2020-2027 (US$ Million)
    • Market Share Analysis, By Country, 2019 and 2027 (%)
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • Regional Trends
    • Regional Trends
    • Market Size and Forecast, By Product Type, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Application, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Distribution Channel, 2020-2027 (US$ Million)
    • Market Size and Forecast, By Industry Vertical, 2020-2027 (US$ Million)
    • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

10. Competitive Landscape

  • Company Profiles
    • Auto Parts Warehouse
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • RMCIP
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Standex Electronics, Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Nippon Aleph
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • HSI Sensing, Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Coto Distribution Channel USA
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • PIT-RADWAR S.A.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • PIC GmbH
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • STG Germany GmbH
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Harbin Electric Group
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Zhejiang Xurui
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Zippy Distribution Channel Corp.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Honeywell International Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates
    • Molex Incorporated
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/Updates

11. Section

  • References
  • Research Methodology
  • About us and Sales Contact
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