Global and United States Reed Relay Market Insights, Forecast to 2027
- September 2021
- 141 pages
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
Middle East & Africa
Product Type & Applications
- Standex Electronics
- Coto Technology
- Pickering Electronics
- TE Connectivity
- Cynergy3 (Sensata)
- Schneider Electric
- Sanyu Switch
- Cosmo Electronics
- Reed Relay
- Automatic Test Equipment & Instrumentation
- EV Battery Management Systems
- EV Charging Stations
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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
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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