Global and United States Reed Relay Market Insights, Forecast to 2027

Global and United States Reed Relay Market Insights, Forecast to 2027

  • QYResearch
  • September 2021
  • Power
  • 141 pages

Report Description

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.

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 40%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, Less Than 500V is the largest segment, with a share about 30%. And in terms of application, the largest application is Automatic Test Equipment & Instrumentation, followed by EV Battery Management Systems.

Market Analysis and Insights: Global and United States Reed Relay Market
This report focuses on global and United States Reed Relay market.
In 2020, the global Reed Relay market size was US$ 218.7 million and it is expected to reach US$ 281 million by the end of 2027, with a CAGR of 3.7% during 2021-2027. In United States the Reed Relay market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Reed Relay Scope and Market Size
Reed Relay market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Reed Relay market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Reed Relay market size by players, by Switching Voltage, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Switching Voltage
Less Than 200V
Less Than 500V
Less Than 1kV
Less Than 7.5kV
Less Than 10kV
More Than 10kV

Segment by Application
Automatic Test Equipment & Instrumentation
EV Battery Management Systems
EV Charging Stations

By Region
North America
United States
South Korea
China Taiwan
Latin America
Middle East & Africa
Saudi Arabia

By Company
Standex Electronics
Coto Technology
Pickering Electronics
TE Connectivity
Cynergy3 (Sensata)
Schneider Electric
Sanyu Switch
Cosmo Electronics

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1 Study Coverage
1.1 Reed Relay Product Introduction
1.2 Market by Switching Voltage
1.2.1 Global Reed Relay Market Size Growth Rate by Switching Voltage
1.2.2 Less Than 200V
List of Tables
Table 1. Global Reed Relay Market Size Growth Rate by Switching Voltage, 2016 VS 2021 VS 2027 (US$ Million)
Table 2. Major Manufacturers of Less Than 200V
Table 3. Major Manufacturers of Less Than 500V
Table 4. Major Manufacturers of Less Than 1kV
Table 5. Major Manufacturers of Less Than 7.5kV

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