MarketResearchNest.com
adds “Global Reed Switch Device Market
2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”new
report to its research database.
Reed Switch Device consists of a pair of ferromagnetic
reeds, which overlap at their free ends (contact area) at a very small distance
and are hermetically sealed in a glass tube. When in the presence of a magnetic
field, the reeds become magnetized to opposite polarity, thus attracting each
other and closing contact. Like many other great inventions, reed switches were
born at Bell Laboratories, invented there in the mid-1930s by Walter B. Elwood.
Today, reed switches are still in common uses.
Scope of the Report:
In the last several years, the Reed Switch Device industry
has enjoyed a double-digit production growth rate annually. In 2016, the global
production of Reed Switch Device is about 1.5 billion units.
In the next five years, the global production of Reed Switch
will maintain an annual growth rate more than 10%. In 2021, the global
production of Reed Switch Device is expected to beyond 2.7 billion units.
The market concentration degree is relative high, as the top
10 manufacturers occupied more than 90% of the total market. The cooperation
between companies is more and more, despite fierce competition. Due to the
global economy recovery trend, investors are still optimistic about this area.
In Asia, Japan is the largest supplier of Reed Switch
Device, as the largest manufacturer, OKI located in Japan. In Europe and USA,
the manufacturers can supply excellent products with good performance. While
the price from USA and Europe is also higher than in Japan.
China domestic Reed Switch Device industry developed faster
than the global market. Besides, some manufacturers built plants in China, due
to the low cost of labor and materials.
The worldwide market for Reed Switch Device is expected to
grow at a CAGR of roughly 9.0% over the next five years, will reach 380 million
US$ in 2024, from 230 million US$ in 2019, according to a new GIR (Global Info
Research) study.
This report focuses on the Reed Switch Device in global
market, especially in North America, Europe and Asia-Pacific, South America,
Middle East and Africa. This report categorizes the market based on
manufacturers, regions, type and application.
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Market Segment by
Manufacturers, this report covers
·
OKI
·
Littelfuse (Hamlin)
·
RMCIP
·
Standex-Meder
·
Nippon Aleph
·
HSI Sensing
·
Coto
·
PIT-RADWAR
·
PIC
·
STG
·
Harbin Electric Group
·
Zhejiang Xurui
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Market Segment by
Type, covers
·
Form A
·
Form B
·
Form C
Market Segment by
Applications, can be divided into
·
Reed
Relays
·
Magnetic
Sensors
·
Other
Market Segment by
Regions, regional analysis covers
·
North America (United States, Canada and Mexico)
·
Europe (Germany, France, UK, Russia and Italy)
·
Asia-Pacific (China, Japan, Korea, India and
Southeast Asia)
·
South America (Brazil, Argentina, Colombia)
·
Middle East and Africa (Saudi Arabia, UAE,
Egypt, Nigeria and South Africa)
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The content of the
study subjects, includes a total of 15 chapters:
Chapter 1, to describe Reed Switch Device product scope,
market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Reed Switch
Device, with price, sales, revenue and global market share of Reed Switch
Device in 2017 and 2018.
Chapter 3, the Reed Switch Device competitive situation,
sales, revenue and global market share of top manufacturers are analyzed
emphatically by landscape contrast.
Chapter 4, the Reed Switch Device breakdown data are shown
at the regional level, to show the sales, revenue and growth by regions, from
2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the
country level, with sales, revenue and market share for key countries in the
world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and
application, with sales market share and growth rate by type, application, from
2014 to 2019.
Chapter 12, Reed Switch Device market forecast, by regions,
type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Reed Switch Device sales
channel, distributors, customers, research findings and conclusion, appendix
and data source.
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