A reed relay is a type of relay that uses an electromagnet to control one or more reed switches. The contacts are of magnetic material and the electromagnet acts directly on them without requiring an armature to move them. Sealed in a long, narrow glass tube, the contacts are protected from corrosion. The glass envelope may contain multiple reed switches or multiple reed switches can be inserted into a single bobbin and actuate simultaneously. Reed switches have been manufactured since the 1930s.
Compared with armature-based relays, reed relays can switch much faster, as the moving parts are small and lightweight, although switch bounce is still present. Also, they require less operating power and have lower contact capacitance. Their current handling capacity is limited but, with appropriate contact materials, they are suitable for "dry" switching applications. They are mechanically simple, making for reliability and long life.
According to our (Global Info Research) latest study, the global Reed Relay market size was valued at USD 233.2 million in 2022 and is forecast to a readjusted size of USD 297.5 million by 2029 with a CAGR of 3.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Reed Relay key players include Standex Electronics, Littelfuse, Coto Technology, Pickering Electronics, Sanyu Switch, etc. Global top five manufacturers hold a share about 50%. Asia-Pacific is the largest market, with a share about 49%, followed by Europe and North America, both have a share about 40 percent. In terms of Switching Voltaget, Less Than 500V is the largest segment, with a share about 32%. And in terms of application, the largest application is Automatic Test Equipment & Instrumentation, followed by EV Battery Management Systems.
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This report is a detailed and comprehensive analysis for global Reed Relay market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Switching Voltage and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market segment by Switching Voltage
Less Than 200V
Less Than 500V
Less Than 1kV
Less Than 7.5kV
Less Than 10kV
More Than 10kV
Market segment by Application
Automatic Test Equipment & Instrumentation
Medical
Telecommunication
EV Battery Management Systems
EV Charging Stations
Others
Major players covered
Standex Electronics
Littelfuse
Coto Technology
Pickering Electronics
TE Connectivity
Cynergy3 (Sensata)
Schneider Electric
Comus
Celduc
Yaskawa
Sanyu Switch
Cosmo Electronics
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Reed Relay
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Reed Relay product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Reed Relay, with price, sales, revenue and global market share of Reed Relay from 2018 to 2023.
Chapter 3, the Reed Relay competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Reed Relay breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Reed Relay market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Reed Relay.
Chapter 14 and 15, to describe Reed Relay sales channel, distributors, customers, research findings and conclusion.
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