PUBLISHER: The Business Research Company | PRODUCT CODE: 1670887
PUBLISHER: The Business Research Company | PRODUCT CODE: 1670887
A reed sensor is an electronic component designed for sensing and detecting the presence or absence of a magnetic field. This passive device is comprised of two ferromagnetic reed contacts enclosed in a glass envelope, with a small gap separating them. Reed sensors come in various shapes and sizes, possess resistance to vibration, and can fulfill diverse application requirements such as position sensing, pulse counting, coil application, and temperature sensing.
The main types of reed sensors include ultra-miniature, dry-reed, and mercury-wetted. Ultra-miniature reed sensors are exceptionally small in size. They are available in various mounts, including panel-mounted, surface-mounted, thread-mounted, screw-mounted, and others. These sensors offer different contact positions such as Form A, Form B, Form C, and others. They find applications across various industry verticals, including automotive, electronics, information technology and telecommunications, healthcare, robotics and automation, aerospace, construction, safety and security, among others.
The reed sensor market research report is one of a series of new reports from The Business Research Company that provides reed sensor market statistics, including reed sensor industry global market size, regional shares, competitors with a reed sensor market share, detailed reed sensor market segments, market trends and opportunities, and any further data you may need to thrive in the reed sensor industry. This reed sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The reed sensor market size has grown strongly in recent years. It will grow from $1.74 billion in 2024 to $1.9 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to electronics miniaturization, automotive industry adoption, telecommunications expansion, industrial automation growth, and security system development
The reed sensor market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to IoT and connected devices, automotive industry advancements, rise in home automation, safety and security needs, and advancements in material science. Major trends in the forecast period include advancements in magnet technology, enhanced sensing capabilities, AI and machine learning integration, energy harvesting solutions, increased reliability and longevity.
The growing demand for electric vehicles is anticipated to drive the expansion of the reed sensor market in the future. Electric vehicles are designed to be more environmentally friendly and energy-efficient than traditional internal combustion engine vehicles. Reed sensors play a crucial role in electric vehicles by providing position and proximity sensing, which enhances functionality, safety, and efficiency while ensuring reliable and accurate sensing capabilities for vehicle operations. For instance, in April 2023, the International Energy Agency, a France-based intergovernmental organization, reported that electric cars comprised 14% of new car sales in 2022, a notable increase from about 9% in 2021. Thus, the rising demand for electric vehicles is fueling the growth of the reed sensor market.
The escalating demand for consumer electronics is anticipated to be a driving force behind the growth of the reed sensor market. Consumer electronics encompass a wide range of electronic devices designed for every day, personal, or professional use. Reed sensors contribute significantly to the realm of consumer electronics by providing reliable and efficient proximity and position sensing capabilities, enhancing the overall functionality of various devices. For example, data from the Japan Electronics and Information Technology Industries Association revealed robust electronic equipment production, reaching $52,36,535 million, with consumer electronics production totaling $2,178,430 million in May 2023. This growth, compared to the figures from May 2022, underscores the increasing reliance on reed sensors within the consumer electronics sector.
Leading companies in the reed sensor market are creating innovative, specialized products such as low-profile designs to maintain their market position. A low-profile design refers to a compact form factor that reduces the height and volume of a component, allowing for more efficient use of space in electronic devices and enabling closer arrangement of components on a printed circuit board (PCB). For example, in May 2024, StandexMeder Electronics GmbH, a US-based industrial technology company, unveiled the MK33 SMD Reed Switch Series, which is engineered for high performance in a compact size with a bare-glass construction. This cost-effective switch boasts exceptional reliability, featuring a 10 VA power rating and a maximum height of 2.3 mm, making it the lowest-profile switch in their SMD lineup. Available in lengths of 10 and 14 mm, it can handle voltage levels up to 200 VDC/VAC, with switching currents of 0.5 A and 1 A carry current. Its reduced height creates additional space in constrained designs and optimizes PCB layouts, enabling closer switch arrays for compact sensor solutions, such as liquid-level sensors.
Prominent companies in the reed sensor market are increasingly concentrating on developing innovative products that are compact and highly reliable, such as ultra-small reed switches, to secure a competitive advantage. An ultra-small reed switch is a compact electromechanical device that utilizes magnetic fields to open or close electrical circuits, commonly used in applications with limited space, including smartphones, security systems, and medical devices. For instance, in January 2024, Littelfuse Corporation, a US-based electronics manufacturing company, launched the MATE-12B reed switch series, an ultra-small reed switch designed for applications requiring high reliability and long service life. Measuring 12.7 mm x 1.8 mm, this normally open switch can handle switching voltages up to 200 VDC and is capable of enduring millions of cycles, making it ideal for automatic test equipment, appliances, and limit switching applications. Its high insulation resistance and low contact resistance enhance its performance in various challenging environments. This series aims to improve efficiency and extend service life for end users while conserving valuable PCB space.
In March 2022, Standex Electronics Inc., a US-based manufacturer of electro-magnetic components, acquired Sensor Solutions Corporation for $9.7 million. This acquisition aims to broaden Standex Electronics Inc.'s product portfolio, enhance profitability, and reinforce its position in the sensor market. Sensor Solutions Corporation, a US-based manufacturer and designer of reed sensors and magnetic field sensors, brings valuable expertise to further strengthen the market presence of Standex Electronics Inc.
Major companies operating in the reed sensor market include ZF Friedrichshafen AG, Schneider Electric SE, TE Connectivity, Madison Company Inc., Yaskawa Electric Corporation, Littelfuse Inc., KEMET Corporation, AirTAC International Group, GEMU Group, Standex Electronics Inc., HNC Electric Ltd., PIC GmbH, HSI Sensing, Coto Technology Inc., Bernstein AG, Pickering Electronics Ltd., Aleph America Corporation, MagneLink Inc., Misensor Tech (Shanghai) Co. Ltd., Sensor Measurement PTY Ltd., Zhejiang Xurui Electronics Co Ltd., Hamilton Electronics Pvt. Ltd., Sigma Enterprises, Ryazan Metal Ceramics Instrumentation Plant JSC, STG Germany GmbH.
Asia-Pacific was the largest region in the reed sensor market in 2024. The regions covered in the reed sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the reed sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The reed sensor market consists of sales of standard reed sensors, high-power reed sensors, high-pressure reed sensors, latching reed sensors, proximity sensors, and magnetic level sensors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Reed Sensor Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on reed sensor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for reed sensor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The reed sensor market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.