Reed Relay Market by Voltage, Application, & Geography

Description

The reed relay market is projected to reach USD 1,125 million by 2030 from an estimated of USD 352 million in 2022. Reed relays meet the low-level voltage switching needs that all other relay types do not. They offer high-voltage and high RF switching. Likewise, the reed relay can switch very low voltages and currents over its long lifetime. Therefore, these relays, if properly designed, stand up to the high demands of modern electronics.

The growth of the reed relay market is expected to be driven by increasing digitization and automation in the consumer electronics industry, the modernization of electric vehicles, and exceptional features such as high switching frequency and resistance to shock and vibration.

"Renewables: The fastest growing segment of the reed relay market"

By application, the renewables segment is estimated to be the fastest growing segment of the reed relay market from 2022 to 2030. A global tendency towards efficient energy consumption and the expansion of renewables have boosted interest in energy storage solutions. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. Reed relays find extensive application in renewable energy storage systems, and an increase in adoption of renewables energy technologies is expected to drive their fast growth.

"200-250 V power rating: The largest segment by voltage range in the reed relay market"

The 200-250 V segment, by voltage range, is projected to hold the highest market share during the forecast period. Reed relays of this voltage rating can carry current at 2.5 A resulting in a power rating of 50 W. They are designed to stand up and save space in cases where the printed circuit board is limited. The multiple switching features offer high-voltage switching elements and require a much lower level of power to actuate them than other traditional types of relays, thus boosting their demand in the reed relay market.

"China: The fastest-growing geography in the reed relay market"

China is estimated to grow at the fastest rate in the global reed relay market during the forecast period. The geography is the key production base of relays in the world, with its output holding more than 50% of the global total. The Chinese government's active support has increased the number of value-addition industries, translating into the country's overall industrial growth in sectors such as telecommunication, wind & solar power, petrochemical processing, automotive, and steel. Moreover, the total electricity consumption in China increased by 6.6% in 2020 because of the growth in industrial power consumption. All these factors are expected to increase the demand for reed relays in the geography.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 40%, Tier 2- 35%, and Tier 3- 25%

By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%

By Region: Asia Pacific- 30%, North America- 40%, Europe- 20%, Rest of the World- 10%.

Note: Others includes sales managers, engineers, and regional managers.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 million, Tier 2: From USD 500 million to USD 1 million, and Tier 3: < USD 500 million

The leading players in the reed relay market include Standex (US), Pickering Electronics (UK), Coto Technology (US), TE Connectivity (Switzerland), and Bright Toward Industrial Co., Ltd (Taiwan),

Research Coverage:

The report explains, describes, and forecasts the global reed relay market, by application, by voltage, and geography.

It also offers a detailed qualitative and quantitative analysis of the reed relay market. The report provides a thorough review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the reed relay market.

Key Benefits of Buying the Report

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the reed relay market and provides them information on key market drivers, restraints, challenges, and opportunities.

Product Code: EP 8519

1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
- 1.3.1 REED RELAY MARKET, BY VOLTAGE TYPE
- 1.3.2 REED RELAY MARKET, BY APPLICATION
- 1.3.3 REED RELAY MARKET, BY GEOGRAPHY
1.4 MARKET SCOPE
- 1.4.1 REED RELAY MARKET SEGMENTATION
- 1.4.2 GEOGRAPHIC SCOPE
1.5 YEARS CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
- FIGURE 1 REED RELAY MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
- FIGURE 2 DATA TRIANGULATION
- 2.2.1 SECONDARY DATA
  - 2.2.1.1 Key data from secondary sources
- 2.2.2 PRIMARY DATA
  - 2.2.2.1 Breakdown of primaries
  - 2.2.2.2 Key data from primary sources
- FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND GEOGRAPHY
- FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR REED RELAYS
2.3 MARKET SIZE ESTIMATION
- 2.3.1 BOTTOM-UP APPROACH
- FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
- 2.3.2 TOP-DOWN APPROACH
- FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
- 2.3.3 DEMAND-SIDE ANALYSIS
  - 2.3.3.1 Geographic analysis
  - 2.3.3.2 Country analysis
  - 2.3.3.3 Demand-side assumptions
  - 2.3.3.4 Demand-side calculations
- 2.3.4 SUPPLY-SIDE ANALYSIS
- FIGURE 7 MARKET KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF RELAYS
- FIGURE 8 GLOBAL RELAY MARKET: SUPPLY-SIDE ANALYSIS
  - 2.3.4.1 Supply-side calculations
  - 2.3.4.2 Supply-side assumptions
- 2.3.5 FORECAST

3 EXECUTIVE SUMMARY

TABLE 1 REED RELAY MARKET SNAPSHOT
FIGURE 9 RENEWABLES TO CONTINUE TO DOMINATE GLOBAL REED RELAY MARKET DURING FORECAST PERIOD
FIGURE 10 200 V-500 V SEGMENT TO LEAD GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, DURING FORECAST PERIOD
FIGURE 11 EUROPE DOMINATED REED RELAY MARKET IN 2021

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REED RELAY MARKET
- FIGURE 12 INCREASING INVESTMENTS IN POWER GENERATION FROM RENEWABLES AND GROWTH OF EV SEGMENT TO DRIVE MARKET DURING 2022-2030
4.2 EUROPE: REED RELAY MARKET, BY APPLICATION AND COUNTRY, 2021
- FIGURE 13 AUTOMOTIVE HELD THE LARGEST SHARE OF THE REED RELAY MARKET IN EUROPE IN 2021
4.3 REED RELAY MARKET, BY GEOGRAPHY
- FIGURE 14 CHINA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
4.4 REED RELAY MARKET, BY APPLICATION
- FIGURE 15 RENEWABLES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
4.5 REED RELAY MARKET, BY VOLTAGE RANGE
- FIGURE 16 200 V-500 V SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
- FIGURE 17 MARKET DYNAMICS FOR REED RELAY MARKET
- 5.2.1 DRIVERS
  - 5.2.1.1 Increasing adoption of EVs
- FIGURE 18 ELECTRIC VEHICLE MARKET, 2022 TO 2030 (THOUSAND UNITS)
  - 5.2.1.2 Rising investments in renewables
- FIGURE 19 GLOBAL ANNUAL SOLAR PV CAPACITY, IN GW, 2021
- TABLE 2 GLOBAL SOLAR PV CAPACITY ADDITION PROJECTIONS
- FIGURE 20 RENEWABLE CAPACITY ADDITION, 2019-2024 (GW)
  - 5.2.1.3 Growing medical and instrumentation industry
- 5.2.2 RESTRAINTS
  - 5.2.2.1 Lower current rating compared with EMR and SSR
  - 5.2.2.2 Reed relays result in failures such as missing and sticking
- 5.2.3 OPPORTUNITIES
  - 5.2.3.1 Rising number of EV charging stations
- FIGURE 21 ELECTRIC VEHICLE CHARGING STATION MARKET, 2022-2027 (THOUSAND UNITS)
- 5.2.4 CHALLENGES
  - 5.2.4.1 Lack of investments by governments for grid stability
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR GLOBAL REED RELAY MARKET
- FIGURE 22 REVENUE SHIFT FOR RELAY PROVIDERS
5.4 MARKET MAP
- FIGURE 23 MARKET MAP: GLOBAL REED RELAY MARKET
- TABLE 3 GLOBAL REED RELAY MARKET: ROLE IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
- FIGURE 24 VALUE CHAIN ANALYSIS: GLOBAL REED RELAY MARKET
- 5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
- 5.5.2 COMPONENT MANUFACTURERS
- 5.5.3 RELAY MANUFACTURERS/ASSEMBLERS
- 5.5.4 DISTRIBUTORS
- 5.5.5 END-USERS
- 5.5.6 POST-SALES SERVICES
5.6 TECHNOLOGY ANALYSIS
- 5.6.1 REED SWITCH TECHNOLOGY
5.7 PRICING ANALYSIS
- 5.7.1 AVERAGE SELLING PRICE OF REED RELAYS
- TABLE 4 AVERAGE SELLING PRICE OF REED RELAYS, 2021
- TABLE 5 AVERAGE SELLING PRICE OF REED RELAYS OFFERED BY KEY PLAYERS, 2021
5.8 KEY CONFERENCES AND EVENTS, 2022-2024
- TABLE 6 GLOBAL REED RELAY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.9 TARIFF, CODES, AND REGULATIONS
- 5.9.1 TARIFF RELATED TO RELAYS
- TABLE 7 IMPORT TARIFF FOR HS 853690 LOW-VOLTAGE PROTECTION EQUIPMENT, 2019
- TABLE 8 IMPORT TARIFF FOR HS 8535 HIGH-VOLTAGE PROTECTION EQUIPMENT, 2019
5.10 TRADE ANALYSIS
- 5.10.1 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE EXCEEDING 1,000 V
- 5.10.2 IMPORT SCENARIO
- TABLE 9 IMPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019-2021 (USD)
- 5.10.3 EXPORT SCENARIO
- TABLE 10 EXPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019-2021 (USD)
- 5.10.4 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE NOT EXCEEDING 1,000 V
- 5.10.5 IMPORT SCENARIO
- TABLE 11 IMPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019-2021 (USD)
- 5.10.6 EXPORT SCENARIO
- TABLE 12 EXPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019-2021 (USD)
- 5.10.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.10.8 CODES AND REGULATIONS RELATED TO REED RELAYS
- TABLE 17 REED RELAYS: CODES AND REGULATIONS
5.11 PATENT ANALYSIS
- TABLE 18 REED RELAY: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2021-MAY 2022
5.12 PORTER'S FIVE FORCES ANALYSIS
- FIGURE 25 PORTER'S FIVE FORCES ANALYSIS FOR REED RELAY MARKET
- TABLE 19 REED RELAY MARKET: PORTER'S FIVE FORCES ANALYSIS
- 5.12.1 THREAT OF SUBSTITUTES
- 5.12.2 BARGAINING POWER OF SUPPLIERS
- 5.12.3 BARGAINING POWER OF BUYERS
- 5.12.4 THREAT OF NEW ENTRANTS
- 5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
- FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
- TABLE 20 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.14 BUYING CRITERIA
- FIGURE 27 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
- TABLE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 CASE STUDY ANALYSIS
- 5.15.1 RELIANCE UPGRADES TO MORE ROBUST RELAYS FOR CRITICAL APPLICATIONS
  - 5.15.1.1 Problem statement
  - 5.15.1.2 Solution
- 5.15.2 LITTELFUSE ARC-FLASH RELAY SAVES PLANT FROM CATASTROPHIC DAMAGE
  - 5.15.2.1 Problem statement
  - 5.15.2.2 Solution

6 REED RELAY MARKET, BY APPLICATION

6.1 INTRODUCTION
- FIGURE 28 GLOBAL REED RELAY MARKET, BY APPLICATION, 2021
- TABLE 22 GLOBAL REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
6.2 INDUSTRIAL
- 6.2.1 AUTOMATION IN INDUSTRIES LIKELY TO BOOST DEMAND
- TABLE 23 INDUSTRIAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.3 HOUSEHOLD APPLIANCES
- 6.3.1 HIGH CONSUMER SPENDING TO DRIVE DEMAND FOR HOUSEHOLD APPLIANCES
- TABLE 24 HOUSEHOLD APPLIANCES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.4 TEST AND MEASUREMENT
- 6.4.1 FAST ACTUATION TIME TO PROPEL ADOPTION IN TEST AND MEASUREMENT APPLICATIONS
- TABLE 25 TEST AND MEASUREMENT: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.5 MINING
- 6.5.1 RELIABILITY AND SAFETY PROVISION TO ACCELERATE DEMAND
- TABLE 26 MINING: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.6 AUTOMOTIVE
- 6.6.1 CAPABILITY TO SWITCH HIGH LOADS TO DRIVE MARKET GROWTH
- 6.6.2 EV
  - 6.6.2.1 Battery management systems
  - 6.6.2.2 Charging stations
- 6.6.3 CONVENTIONAL
- TABLE 27 AUTOMOTIVE: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.7 MEDICAL
- 6.7.1 DEMAND FOR EFFICIENT OPERATIONS LIKELY TO BOOST DEMAND FOR REED RELAYS IN MEDICAL APPLICATIONS
- TABLE 28 MEDICAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.8 RENEWABLES
- 6.8.1 HIGH ADOPTION OF RENEWABLE POWER TO DRIVE DEMAND
- 6.8.2 SOLAR
- 6.8.3 WIND
- TABLE 29 RENEWABLES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.9 CHARGING STATIONS
- 6.9.1 NEED FOR CHARGING STATIONS TO CATER TO GROWING EV MARKET TO BOOST DEMAND
- TABLE 30 CHARGING STATIONS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
6.10 OTHERS
- TABLE 31 OTHERS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)

7 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE

7.1 INTRODUCTION
- FIGURE 29 GLOBAL REED RELAY MARKET (VALUE), BY VOLTAGE RANGE, 2021
- TABLE 32 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, 2020-2030 (USD MILLION)
7.2 BELOW 200 V
- 7.2.1 INSTRUMENTATION AND TELECOMMUNICATION REQUIREMENTS TO DRIVE MARKET
7.3 200 V-500 V
- 7.3.1 HIGH-VOLTAGE SWITCHING ELEMENTS TO BOOST MARKET GROWTH
7.4 500 V-1 KV
- 7.4.1 EXCELLENT STABILITY OFFRED BY RELAYS IN THIS VOLTAGE RANGE TO ACCELERATE MARKET GROWTH
7.5 1 KV-7.5 KV
- 7.5.1 HIGH FREQUENCY AND EFFICIENT PERFORMANCE TO PROPEL MARKET GROWTH
7.6 7.5 KV-10 KV
- 7.6.1 SMALL FOOTPRINT FEATURE TO ENHANCE MARKET GROWTH
7.7 ABOVE 10 KV
- 7.7.1 HIGH-RELIABILITY APPLICATIONS TO DRIVE MARKET

8 REED RELAY MARKET, BY GEOGRAPHY

8.1 INTRODUCTION
- FIGURE 30 GEOGRAPHICAL SNAPSHOT: CHINA TO WITNESS HIGHEST CAGR IN REED RELAY MARKET DURING FORECAST PERIOD
- FIGURE 31 REED RELAY MARKET SHARE (VALUE), BY GEOGRAPHY, 2021
- TABLE 33 REED RELAY MARKET, BY GEOGRAPHY, 2020-2030 (USD MILLION)
8.2 ASIA PACIFIC (EXCL. CHINA)
- FIGURE 32 ASIA PACIFIC (EXCL. CHINA): MARKET SNAPSHOT
- 8.2.1 BY APPLICATION
- TABLE 34 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 35 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 36 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
- 8.2.2 BY COUNTRY
- TABLE 37 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY COUNTRY 2020-2030 (USD MILLION)
  - 8.2.2.1 India
    - 8.2.2.1.1 Huge amount of electricity generation from renewables to drive market
- TABLE 38 INDIA: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 39 INDIA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 40 INDIA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.2.2.2 Japan
    - 8.2.2.2.1 Shift from nuclear power to thermal power, renewables, and hydropower to boost market
- TABLE 41 JAPAN: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 42 JAPAN: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 43 JAPAN: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.2.2.3 Rest of Asia Pacific
- TABLE 44 REST OF ASIA PACIFIC: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 45 REST OF ASIA PACIFIC: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 46 REST OF ASIA PACIFIC: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
8.3 CHINA
- 8.3.1 BY APPLICATION
- TABLE 47 CHINA: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 48 CHINA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 49 CHINA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
8.4 EUROPE
- FIGURE 33 EUROPE: MARKET SNAPSHOT
- 8.4.1 BY APPLICATION
- TABLE 50 EUROPE: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 51 EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 52 EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
- 8.4.2 BY COUNTRY
- TABLE 53 EUROPE: REED RELAY MARKET, BY COUNTRY, 2020-2030 (USD MILLION)
  - 8.4.2.1 UK
    - 8.4.2.1.1 Increasing investments in electrical infrastructure to offer growth opportunities for reed relay market players
    - 8.4.2.1.2 By application
- TABLE 54 UK: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION
- TABLE 55 UK: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 56 UK: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.4.2.2 Germany
    - 8.4.2.2.1 Growing renewable energy capacity development to drive market
    - 8.4.2.2.2 By application
- TABLE 57 GERMANY: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 58 GERMANY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 59 GERMANY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.4.2.3 Poland
    - 8.4.2.3.1 Rising investments in automotive sector to boost market growth
    - 8.4.2.3.2 By application
- TABLE 60 POLAND: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 61 POLAND: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 62 POLAND: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.4.2.4 France
    - 8.4.2.4.1 Increasing investments in renewable energy to accelerate market growth
    - 8.4.2.4.2 By application
- TABLE 63 FRANCE: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 64 FRANCE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 65 FRANCE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.4.2.5 Italy
    - 8.4.2.5.1 Surging investments in industrial and manufacturing sectors to drive market
    - 8.4.2.5.2 By application
- TABLE 66 ITALY: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 67 ITALY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 68 ITALY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.4.2.6 Rest of Europe
    - 8.4.2.6.1 By application
- TABLE 69 REST OF EUROPE: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 70 REST OF EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 71 REST OF EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
8.5 NORTH AMERICA
- 8.5.1 BY APPLICATION
- TABLE 72 NORTH AMERICA: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 73 NORTH AMERICA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 74 NORTH AMERICA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
- 8.5.2 BY COUNTRY
- TABLE 75 NORTH AMERICA: REED RELAY MARKET, BY COUNTRY, 2020-2030 (USD MILLION)
  - 8.5.2.1 US
    - 8.5.2.1.1 Increasing demand for primary energy production to propel market growth
    - 8.5.2.1.2 By application
- TABLE 76 US: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 77 US: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 78 US: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.5.2.2 Canada
    - 8.5.2.2.1 Growing investments in electricity utility upgrades to drive market
    - 8.5.2.2.2 By application
- TABLE 79 CANADA: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 80 CANADA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 81 CANADA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
  - 8.5.2.3 Mexico
    - 8.5.2.3.1 Rising demand for transmission and distribution networks to contribute to market growth
    - 8.5.2.3.2 By application
- TABLE 82 MEXICO: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 83 MEXICO: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 84 MEXICO: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)
8.6 ROW
- 8.6.1 BY APPLICATION
- TABLE 85 ROW: REED RELAY MARKET, BY APPLICATION, 2020-2030 (USD MILLION)
- TABLE 86 ROW: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020-2030 (USD MILLION)
- TABLE 87 ROW: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020-2030 (USD MILLION)

9 COMPETITIVE LANDSCAPE

9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES
- TABLE 88 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, APRIL 2019-APRIL 2022
9.3 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
- TABLE 89 REED RELAY MARKET: DEGREE OF COMPETITION
- FIGURE 34 REED RELAY MARKET SHARE ANALYSIS,
9.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
- FIGURE 35 TOP PLAYERS IN REED RELAY MARKET, 2017-2021
9.5 COMPANY EVALUATION QUADRANT
- 9.5.1 STARS
- 9.5.2 PERVASIVE PLAYERS
- 9.5.3 EMERGING LEADERS
- 9.5.4 PARTICIPANTS
- FIGURE 36 COMPETITIVE LEADERSHIP MAPPING: REED RELAY MARKET, 2021
9.6 STARTUP/SME EVALUATION QUADRANT, 2021
- 9.6.1 PROGRESSIVE COMPANIES
- 9.6.2 RESPONSIVE COMPANIES
- 9.6.3 DYNAMIC COMPANIES
- 9.6.4 STARTING BLOCKS
- FIGURE 37 REED RELAY MARKET: START-UP/SME EVALUATION QUADRANT, 2021
- 9.6.5 COMPETITIVE BENCHMARKING
- TABLE 90 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
- TABLE 91 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
9.7 REED RELAY MARKET: COMPANY FOOTPRINT
- TABLE 92 COMPANY FOOTPRINT: BY APPLICATION
- TABLE 93 COMPANY FOOTPRINT: BY VOLTAGE RANGE
- TABLE 94 BY REGION: COMPANY FOOTPRINT
- TABLE 95 OVERALL COMPANY FOOTPRINT
9.8 COMPETITIVE SCENARIO
- TABLE 96 REED RELAY MARKET: PRODUCT LAUNCHES, MAY 2019-FEBRUARY 2021
- TABLE 97 REED RELAY MARKET: DEALS, SEPTEMBER 2022-JANUARY 2020
- TABLE 98 REED RELAY MARKET: OTHER DEVELOPMENTS, AUGUST 2020-APRIL 2019

10 COMPANY PROFILES

(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
10.1 KEY PLAYERS
- 10.1.1 ABB
- TABLE 99 ABB: BUSINESS OVERVIEW
- FIGURE 38 ABB: COMPANY SNAPSHOT (2021)
- TABLE 100 ABB: PRODUCTS OFFERED
- TABLE 101 ABB.: DEALS
- TABLE 102 ABB: OTHERS
- 10.1.2 SCHNEIDER ELECTRIC
- TABLE 103 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
- FIGURE 39 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT (2021)
- TABLE 104 SCHNEIDER ELECTRIC: PRODUCTS OFFERED
- TABLE 105 SCHNEIDER ELECTRIC: OTHERS
- 10.1.3 SIEMENS
- TABLE 106 SIEMENS: BUSINESS OVERVIEW
- FIGURE 40 SIEMENS: COMPANY SNAPSHOT (2021)
- TABLE 107 SIEMENS: PRODUCTS OFFERED
- TABLE 108 SIEMENS: DEALS
- 10.1.4 STANDEX ELECTRONICS, INC.
- TABLE 109 STANDEX INTERNATIONAL CORPORATION.: BUSINESS OVERVIEW
- FIGURE 41 STANDEX ELECTRONICS, INC.: COMPANY SNAPSHOT (2021)
- TABLE 110 STANDEX ELECTRONICS, INC.: PRODUCTS OFFERED
- TABLE 111 STANDEX ELECTRONICS, INC..: DEALS
- 10.1.5 TE CONNECTIVITY
- TABLE 112 TE CONNECTIVITY: BUSINESS OVERVIEW
- FIGURE 42 TE CONNECTIVITY: COMPANY SNAPSHOT (2021)
- TABLE 113 TE CONNECTIVITY: PRODUCTS OFFERED
- TABLE 114 TE CONNECTIVITY: DEALS
- TABLE 115 TE CONNECTIVITY: OTHERS
- 10.1.6 BRIGHT TOWARD INDUSTRIAL CO., LTD. (TOWARD RELAYS)
- TABLE 116 TOWARD RELAYS: BUSINESS OVERVIEW
- TABLE 117 TOWARD RELAYS: PRODUCTS OFFERED
- 10.1.7 PICKERING ELECTRONICS LTD
- TABLE 118 PICKERING ELECTRONICS LTD: BUSINESS OVERVIEW
- TABLE 119 PICKERING ELECTRONICS LTD: PRODUCTS OFFERED
- TABLE 120 PICKERING ELECTRONICS LTD: PRODUCT LAUNCHES
- TABLE 121 PICKERING ELECTRONICS LTD: DEALS
- 10.1.8 COTO TECHNOLOGY, INC.
- TABLE 122 COTO TECHNOLOGY, INC.: BUSINESS OVERVIEW
- TABLE 123 COTO TECHNOLOGY, INC.: PRODUCTS OFFERED
- 10.1.9 LITTELFUSE, INC.
- TABLE 124 LITTELFUSE, INC.: BUSINESS OVERVIEW
- FIGURE 43 LITTELFUSE, INC.: COMPANY SNAPSHOT (2021)
- TABLE 125 LITTELFUSE, INC.: PRODUCTS OFFERED
- TABLE 126 LITTELFUSE, INC.: PRODUCT LAUNCHES
- TABLE 127 LITTELFUSE, INC.: DEALS
- TABLE 128 LITTELFUSE, INC.: OTHERS
- 10.1.10 HVP HIGH VOLTAGE PRODUCTS GMBH
- TABLE 129 HVP HIGH VOLTAGE PRODUCTS GMBH: BUSINESS OVERVIEW
- TABLE 130 HVP HIGH VOLTAGE PRODUCTS GMBH: PRODUCTS OFFERED
- 10.1.11 CELDUC
- TABLE 131 CELDUC: BUSINESS OVERVIEW
- TABLE 132 CELDUC: PRODUCTS OFFERED
- TABLE 133 CELDUC: OTHERS
- 10.1.12 SANYU ELECTRIC, INC.
- TABLE 134 TABLE 4 SANYU ELECTRIC, INC.: BUSINESS OVERVIEW
- TABLE 135 SANYU ELECTRIC, INC.: PRODUCTS OFFERED
- 10.1.13 COMUS
- TABLE 136 COMUS: BUSINESS OVERVIEW
- TABLE 137 COMUS: PRODUCTS OFFERED
- 10.1.14 AMERICAN RELAYS INC.
- TABLE 138 AMERICAN RELAYS INC.: BUSINESS OVERVIEW
- 10.1.15 ALEPH
- TABLE 139 ALEPH: BUSINESS OVERVIEW
- TABLE 140 ALEPH: PRODUCTS OFFERED
- 10.1.16 COSMO ELECTRONICS
- TABLE 141 COSMO ELECTRONICS: COMPANY OVERVIEW
- TABLE 142 COSMO ELECTRONICS: OTHERS
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

11 APPENDIX

11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS

Reed Relay Market by Voltage (200 V, 200-500 V, 500 V-1 Kv, 1-7.5 kV, & 7.5-10 kV, & Above 10 kV), Application (Industrial, Household Appliances, Test & Measurement, Mining, Automotive, EV, Medical, Renewables), & Geography - Global Forecast to 2030