PUBLISHER: The Business Research Company | PRODUCT CODE: 1802502
PUBLISHER: The Business Research Company | PRODUCT CODE: 1802502
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.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp escalation of U.S. tariffs and resulting trade tensions in spring 2025 are significantly affecting the electrical and electronics sector. Key components such as semiconductors, display panels, and rare-earth metals crucial for batteries and motors are now facing heavy duties. Consumer electronics companies are seeing profit margins shrink, as fierce competition makes it difficult to pass on rising costs to consumers. At the same time, industrial electronics firms are experiencing project delays due to shortages of tariff-impacted parts like printed circuit boards. In response, businesses are shifting assembly operations to tariff-exempt nations, building up inventory reserves, and redesigning products to reduce reliance on restricted materials.
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 $1.87 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. 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 $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. 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 forecast of 8.2% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through limited availability of hermetically sealed glass capsules and rare-earth magnet assemblies, primarily sourced from Japan and Sweden, disrupting production of position detection and security systems. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
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.