Reed Sensors - Global Strategic Business Report

Global Reed Sensors Market to Reach $1.7 Billion by 2030

The global market for Reed Sensors estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Automotive, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$750.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronics & Communication segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $324.5 Million, While China is Forecast to Grow at 5.3% CAGR

The Reed Sensors market in the U.S. is estimated at US$324.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$297.5 Million by the year 2030 trailing a CAGR of 5.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 17 Featured) -

• Aleph America Corporation
• Bernstein AG
• Coto Technology USA
• Hnc Group A/S
• HSI Sensing, Inc.
• KEMET Corporation
• Littelfuse, Inc.
• Magnasphere Corp.
• Nte Electronics, Inc.
• PIC GmbH
• Pickering Electronics Ltd.
• Reed Switch Developments Corp.
• Ryazan Metal Ceramics Instrumentation Plant JSC
• Soway Tech Limited
• Standex-Meder Electronics
• STG Germany GmbH
• Yaskawa Electric Corporation
• ZF Electronics TVS (India) Pvt. Ltd.
• Zhejiang Xurui Electronic Co., Ltd

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year