Market Overview

Reed Sensor Market by Type, Contact Position, Application, and Geography - Global Forecast to 2023 - ResearchAndMarkets.com

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The "Reed
Sensor Market by Type, Contact Position (Form A, Form B, Form C),
Application (Automotive & Transportation, Consumer Electronics &
Appliances, Robotics & Automation, Safety & Security), and Geography -
Global Forecast to 2023"
report has been added to ResearchAndMarkets.com's
offering.

The reed sensor market is expected to grow from USD 1.61 billion in 2018
to USD 2.30 billion by 2023, at a CAGR of 7.40% during the forecast
period.

The growth of this market is mainly driven by factors such as use of
reed sensors in the automotive industry; application of reed sensors in
home appliances, HVAC, and smart meters; and benefit of low operating
power and capable of working in harsh environments. Use of reed sensors
in emerging technologies such as the development of electric vehicles
and growth of security systems provide major opportunities for the
growth of the reed sensor market. However, the size of reed sensors
poses restraint for the growth of the market.

The automotive and transportation application accounts for the largest
share of the reed sensor market. The reed sensors are used in vehicles
such as heavy-duty trucks, airplanes, trains, motorcycles, E-cars, and
E-bikes. The reed sensors can be deployed for measurement of brake
pressure, coolant level, windshield, tire pressure monitoring, liquid
level detection, HVAC controls, and emissions, among others. The
increase in safety features and other functionalities in vehicles is
increasing the demand for reed sensors in the automotive and
transportation application.

The major players profiled in this report are as follows:

  • Standex-Meder Electronics (US)
  • Littelfuse (US)
  • HSI Sensing (US)
  • RMCIP (Russia)
  • PIC GmbH (Germany)
  • Coto Technology (US)
  • Pickering Electronics (UK)
  • Aleph America (US)
  • STG Germany GmbH (Germany)
  • Zhejiang Xurui Electronic (China)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Reed Sensor Market, By Contact Position

7 Reed Sensor Market, By Type

8 Reed Sensor Market, By Application

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/dp79gm/reed_sensor?w=4

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