Global Magnetic Reed Switch Market Growth 2019-2024

Published On: Mar 2019

Format: PDF

Publisher: LP infomation

Pages: 166

Report ID: 236782

Magnetic Reed Switch 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.
The main market players are OKI, Littelfuse, RMCIP, Standex-Meder, Nippon Aleph, HIS Sensing, Coto, PIT-RADWAR, PIC, STG, Harbin Electric Group, Zhejiang Xurui Company and etc.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Magnetic Reed Switch. Europe also plays important roles in global market, with market size of 39 million USD in 2017 and has a market share about 14.5%. The Asia-Pacific will occupy for more market share in following years, especially in Japan (with a revenue market share 30.7%) and China (with a revenue market share 16.3%).

Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography. The industry is fragmented.

Despite fierce competition, due to the global recovery trend, investors are still optimistic about this area; more new investment will enter into this field in future.


According to this study, over the next five years the Magnetic Reed Switch market will register a 12.0% CAGR in terms of revenue, the global market size will reach US$ 530 million by 2024, from US$ 270 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Magnetic Reed Switch business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Reed Switch market by product type, application, key manufacturers and key regions and countries.

This study considers the Magnetic Reed Switch value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Form A
Form B
Form C
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Reed Relays
Magnetic Sensors
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Oki
Littelfuse (Hamlin)
Standex
RMCIP
Nippon Aleph
HSI Sensing
Coto
PIT-RADWAR
PIC
STG
Harbin Electric Group
Zhejiang Xurui

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Magnetic Reed Switch consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Magnetic Reed Switch market by identifying its various subsegments.
Focuses on the key global Magnetic Reed Switch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Magnetic Reed Switch with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Magnetic Reed Switch submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global Magnetic Reed Switch Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Magnetic Reed Switch Consumption 2014-2024
2.1.2 Magnetic Reed Switch Consumption CAGR by Region
2.2 Magnetic Reed Switch Segment by Type
2.2.1 Form A
2.2.2 Form B
2.2.3 Form C
2.2.4 Other
2.3 Magnetic Reed Switch Consumption by Type
2.3.1 Global Magnetic Reed Switch Consumption Market Share by Type (2014-2019)
2.3.2 Global Magnetic Reed Switch Revenue and Market Share by Type (2014-2019)
2.3.3 Global Magnetic Reed Switch Sale Price by Type (2014-2019)
2.4 Magnetic Reed Switch Segment by Application
2.4.1 Reed Relays
2.4.2 Magnetic Sensors
2.4.3 Other
2.5 Magnetic Reed Switch Consumption by Application
2.5.1 Global Magnetic Reed Switch Consumption Market Share by Application (2014-2019)
2.5.2 Global Magnetic Reed Switch Value and Market Share by Application (2014-2019)
2.5.3 Global Magnetic Reed Switch Sale Price by Application (2014-2019)

3 Global Magnetic Reed Switch by Players
3.1 Global Magnetic Reed Switch Sales Market Share by Players
3.1.1 Global Magnetic Reed Switch Sales by Players (2017-2019)
3.1.2 Global Magnetic Reed Switch Sales Market Share by Players (2017-2019)
3.2 Global Magnetic Reed Switch Revenue Market Share by Players
3.2.1 Global Magnetic Reed Switch Revenue by Players (2017-2019)
3.2.2 Global Magnetic Reed Switch Revenue Market Share by Players (2017-2019)
3.3 Global Magnetic Reed Switch Sale Price by Players
3.4 Global Magnetic Reed Switch Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Magnetic Reed Switch Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Magnetic Reed Switch Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Magnetic Reed Switch by Regions
4.1 Magnetic Reed Switch by Regions
4.1.1 Global Magnetic Reed Switch Consumption by Regions
4.1.2 Global Magnetic Reed Switch Value by Regions
4.2 Americas Magnetic Reed Switch Consumption Growth
4.3 APAC Magnetic Reed Switch Consumption Growth
4.4 Europe Magnetic Reed Switch Consumption Growth
4.5 Middle East & Africa Magnetic Reed Switch Consumption Growth

5 Americas
5.1 Americas Magnetic Reed Switch Consumption by Countries
5.1.1 Americas Magnetic Reed Switch Consumption by Countries (2014-2019)
5.1.2 Americas Magnetic Reed Switch Value by Countries (2014-2019)
5.2 Americas Magnetic Reed Switch Consumption by Type
5.3 Americas Magnetic Reed Switch Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Magnetic Reed Switch Consumption by Countries
6.1.1 APAC Magnetic Reed Switch Consumption by Countries (2014-2019)
6.1.2 APAC Magnetic Reed Switch Value by Countries (2014-2019)
6.2 APAC Magnetic Reed Switch Consumption by Type
6.3 APAC Magnetic Reed Switch Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Magnetic Reed Switch by Countries
7.1.1 Europe Magnetic Reed Switch Consumption by Countries (2014-2019)
7.1.2 Europe Magnetic Reed Switch Value by Countries (2014-2019)
7.2 Europe Magnetic Reed Switch Consumption by Type
7.3 Europe Magnetic Reed Switch Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Magnetic Reed Switch by Countries
8.1.1 Middle East & Africa Magnetic Reed Switch Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Magnetic Reed Switch Value by Countries (2014-2019)
8.2 Middle East & Africa Magnetic Reed Switch Consumption by Type
8.3 Middle East & Africa Magnetic Reed Switch Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Magnetic Reed Switch Distributors
10.3 Magnetic Reed Switch Customer

11 Global Magnetic Reed Switch Market Forecast
11.1 Global Magnetic Reed Switch Consumption Forecast (2019-2024)
11.2 Global Magnetic Reed Switch Forecast by Regions
11.2.1 Global Magnetic Reed Switch Forecast by Regions (2019-2024)
11.2.2 Global Magnetic Reed Switch Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Magnetic Reed Switch Forecast by Type
11.8 Global Magnetic Reed Switch Forecast by Application

12 Key Players Analysis
12.1 Oki
12.1.1 Company Details
12.1.2 Magnetic Reed Switch Product Offered
12.1.3 Oki Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Oki News
12.2 Littelfuse (Hamlin)
12.2.1 Company Details
12.2.2 Magnetic Reed Switch Product Offered
12.2.3 Littelfuse (Hamlin) Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Littelfuse (Hamlin) News
12.3 Standex
12.3.1 Company Details
12.3.2 Magnetic Reed Switch Product Offered
12.3.3 Standex Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Standex News
12.4 RMCIP
12.4.1 Company Details
12.4.2 Magnetic Reed Switch Product Offered
12.4.3 RMCIP Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 RMCIP News
12.5 Nippon Aleph
12.5.1 Company Details
12.5.2 Magnetic Reed Switch Product Offered
12.5.3 Nippon Aleph Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Nippon Aleph News
12.6 HSI Sensing
12.6.1 Company Details
12.6.2 Magnetic Reed Switch Product Offered
12.6.3 HSI Sensing Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 HSI Sensing News
12.7 Coto
12.7.1 Company Details
12.7.2 Magnetic Reed Switch Product Offered
12.7.3 Coto Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Coto News
12.8 PIT-RADWAR
12.8.1 Company Details
12.8.2 Magnetic Reed Switch Product Offered
12.8.3 PIT-RADWAR Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 PIT-RADWAR News
12.9 PIC
12.9.1 Company Details
12.9.2 Magnetic Reed Switch Product Offered
12.9.3 PIC Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 PIC News
12.10 STG
12.10.1 Company Details
12.10.2 Magnetic Reed Switch Product Offered
12.10.3 STG Magnetic Reed Switch Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 STG News
12.11 Harbin Electric Group
12.12 Zhejiang Xurui

13 Research Findings and Conclusion