Market Analysis and Insights:
Due to the COVID-19 pandemic, the global magnetic reed switch market size is estimated to be worth US$ 474.79 million in 2022 and is forecast to a readjusted size of US$ 712.30 million by 2028 with a CAGR of 6.99% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Form A accounting for 77.54% of the Magnetic Reed Switch global market in 2021, is projected to value US$ 555.38 million by 2028, growing at a revised 7.16% CAGR from 2022 to 2028. While Automotive segment is altered to a 5.68 % CAGR throughout this forecast period.
North America magnetic reed switch production market size was US$ 190.65 million in 2021, while Europe was US$ 71.33 million. The proportion of the Japan was 24.58% in 2021, while China's percentage was 9.89%, and it is predicted that China market share will reach 11.04% in 2028, trailing a CAGR of 8.54 % through the analysis period.
The global major manufacturers of Magnetic Reed Switch include Standex Electronics, Nippon Aleph, Comus International, RMCIP, Littelfuse, HSI Sensing, PIC, PIT-RADWAR, and Xurui Electronic Tech, etc. In terms of revenue, the global three largest players hold a 76.12% market share in 2021.
Drivers and Restrains:
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
Segment Analysis:
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
- Standex Electronics
- Nippon Aleph
- Comus International
- RMCIP
- Littelfuse
- HSI Sensing
- PIC
- PIT-RADWAR
- Xurui Electronic Tech
Segment by Type
Segment by Application
- Automotive
- Home Appliance
- Office Automation
- Industrial Control
- Others
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- South America
- Mexico
- Brazil
- Argentina
- Rest of South America
TABLE OF CONTENTS
1 MAGNETIC REED SWITCH MARKET OVERVIEW
- 1.1 PRODUCT OVERVIEW AND SCOPE OF MAGNETIC REED SWITCH
- 1.2 MAGNETIC REED SWITCH SEGMENT BY TYPE
- 1.2.1 GLOBAL MAGNETIC REED SWITCH MARKET SIZE GROWTH RATE ANALYSIS BY TYPE: 2022 VS 2028
- 1.2.2 FORM A MAGNETIC REED SWITCH
- 1.2.3 FORM B MAGNETIC REED SWITCH
- 1.2.4 FORM C MAGNETIC REED SWITCH
- 1.3 MAGNETIC REED SWITCH SEGMENT BY APPLICATION
- 1.4 GLOBAL MARKET GROWTH PROSPECTS
- 1.4.1 GLOBAL MAGNETIC REED SWITCH REVENUE ESTIMATES AND FORECASTS (2017-2028)
- 1.4.2 GLOBAL MAGNETIC REED SWITCH PRODUCTION ESTIMATES AND FORECASTS (2017-2028)
- 1.5 GLOBAL MARKET SIZE BY REGION
- 1.5.1 GLOBAL MAGNETIC REED SWITCH MARKET SIZE ESTIMATES AND FORECASTS BY REGION: 2017 VS 2022 VS 2028
- 1.5.2 NORTH AMERICA MAGNETIC REED SWITCH ESTIMATES AND FORECASTS (2017-2028)
- 1.5.3 EUROPE MAGNETIC REED SWITCH ESTIMATES AND FORECASTS (2017-2028)
- 1.5.4 CHINA MAGNETIC REED SWITCH ESTIMATES AND FORECASTS (2017-2028)
- 1.5.5 JAPAN MAGNETIC REED SWITCH ESTIMATES AND FORECASTS (2017-2028)
2 MARKET COMPETITION BY MANUFACTURERS
- 2.1 GLOBAL MAGNETIC REED SWITCH PRODUCTION BY MANUFACTURERS (2019-2021)
- 2.2 GLOBAL MAGNETIC REED SWITCH REVENUE MARKET SHARE BY MANUFACTURERS (2019-2021)
- 2.3 MAGNETIC REED SWITCH MARKET SHARE BY COMPANY TYPE (TIER 1, TIER 2, AND TIER 3)
- 2.4 GLOBAL MAGNETIC REED SWITCH AVERAGE PRICE BY MANUFACTURERS (2019-2021)
- 2.5 GLOBAL TOP MANUFACTURERS HEADQUARTERS AND COMMERCIAL DATE
- 2.6 MAGNETIC REED SWITCH MARKET COMPETITIVE SITUATION AND TRENDS
- 2.6.1 MAGNETIC REED SWITCH MARKET CONCENTRATION RATE
- 2.6.2 GLOBAL 5 AND 10 LARGEST MAGNETIC REED SWITCH PLAYERS MARKET SHARE BY REVENUE
- 2.6.3 MERGERS & ACQUISITIONS, EXPANSION
3 PRODUCTION BY REGION
- 3.1 GLOBAL PRODUCTION OF MAGNETIC REED SWITCH BY REGION (2017-2022)
- 3.2 GLOBAL MAGNETIC REED SWITCH REVENUE MARKET SHARE BY REGION (2017-2022)
- 3.3 GLOBAL MAGNETIC REED SWITCH PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.4 NORTH AMERICA MAGNETIC REED SWITCH PRODUCTION
- 3.4.1 NORTH AMERICA MAGNETIC REED SWITCH PRODUCTION GROWTH RATE (2017-2022)
- 3.4.2 NORTH AMERICA MAGNETIC REED SWITCH PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.5 EUROPE MAGNETIC REED SWITCH PRODUCTION
- 3.5.1 EUROPE MAGNETIC REED SWITCH PRODUCTION GROWTH RATE (2017-2022)
- 3.5.2 EUROPE MAGNETIC REED SWITCH PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.6 CHINA MAGNETIC REED SWITCH PRODUCTION (2017-2022)
- 3.6.1 CHINA MAGNETIC REED SWITCH PRODUCTION GROWTH RATE (2017-2022)
- 3.6.2 CHINA MAGNETIC REED SWITCH PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
- 3.7 JAPAN MAGNETIC REED SWITCH PRODUCTION (2017-2022)
- 3.7.1 JAPAN MAGNETIC REED SWITCH PRODUCTION GROWTH RATE (2017-2022)
- 3.7.2 JAPAN MAGNETIC REED SWITCH PRODUCTION, REVENUE, PRICE AND GROSS MARGIN (2017-2022)
4 MAGNETIC REED SWITCH CONSUMPTION BY REGION
- 4.1 GLOBAL MAGNETIC REED SWITCH CONSUMPTION BY REGION
- 4.1.1 GLOBAL MAGNETIC REED SWITCH CONSUMPTION BY REGION
- 4.1.2 GLOBAL MAGNETIC REED SWITCH CONSUMPTION MARKET SHARE BY REGION
- 4.2 NORTH AMERICA
- 4.2.1 NORTH AMERICA MAGNETIC REED SWITCH CONSUMPTION BY COUNTRY
- 4.2.2 U.S.
- 4.2.3 CANADA
- 4.3 EUROPE
- 4.3.1 EUROPE MAGNETIC REED SWITCH CONSUMPTION BY COUNTRY
- 4.3.2 GERMANY
- 4.3.3 FRANCE
- 4.3.4 U.K.
- 4.3.5 ITALY
- 4.3.6 RUSSIA
- 4.4 ASIA PACIFIC
- 4.4.1 ASIA PACIFIC MAGNETIC REED SWITCH CONSUMPTION BY REGION
- 4.4.2 CHINA
- 4.4.3 JAPAN
- 4.4.4 SOUTH KOREA
- 4.4.5 SOUTHEAST ASIA
- 4.4.6 INDIA
- 4.4.7 AUSTRALIA
- 4.5 LATIN AMERICA
- 4.5.1 LATIN AMERICA MAGNETIC REED SWITCH CONSUMPTION BY COUNTRY
- 4.5.2 MEXICO
- 4.5.3 BRAZIL
- 4.5.4 ARGENTINA
5 SEGMENT BY TYPE
- 5.1 GLOBAL MAGNETIC REED SWITCH PRODUCTION MARKET SHARE BY TYPE (2017-2022)
- 5.2 GLOBAL MAGNETIC REED SWITCH REVENUE MARKET SHARE BY TYPE (2017-2022)
- 5.3 GLOBAL MAGNETIC REED SWITCH PRICE BY TYPE (2017-2022)
6 SEGMENT BY APPLICATION
7 KEY COMPANY PROFILES
- 7.1 STANDEX ELECTRONICS
- 7.1.1 STANDEX ELECTRONICS CORPORATION INFORMATION
- 7.1.2 STANDEX ELECTRONICS INTRODUCTION AND BUSINESS OVERVIEW
- 7.1.3 STANDEX ELECTRONICS MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.1.4 STANDEX ELECTRONICS MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.2 NIPPON ALEPH
- 7.2.1 NIPPON ALEPH CORPORATION INFORMATION
- 7.2.2 NIPPON ALEPH INTRODUCTION AND BUSINESS OVERVIEW
- 7.2.3 NIPPON ALEPH MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.2.4 NIPPON ALEPH MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.3 COMUS INTERNATIONAL
- 7.3.1 COMUS INTERNATIONAL CORPORATION INFORMATION
- 7.3.2 COMUS INTERNATIONAL INTRODUCTION AND BUSINESS OVERVIEW
- 7.3.3 COMUS INTERNATIONAL MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.3.4 COMUS INTERNATIONAL MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.4 RMCIP
- 7.4.1 RMCIP CORPORATION INFORMATION
- 7.4.2 RMCIP INTRODUCTION AND BUSINESS OVERVIEW
- 7.4.3 RMCIP MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.4.4 RMCIP MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.5 LITTELFUSE
- 7.5.1 LITTELFUSE CORPORATION INFORMATION
- 7.5.2 LITTELFUSE INTRODUCTION AND BUSINESS OVERVIEW
- 7.5.3 LITTELFUSE MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.5.4 LITTELFUSE MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.6 HSI SENSING
- 7.6.1 HSI SENSING CORPORATION INFORMATION
- 7.6.2 HSI SENSING INTRODUCTION AND BUSINESS OVERVIEW
- 7.6.3 HSI SENSING MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.6.4 HSI SENSING MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.7 PIC
- 7.7.1 PIC CORPORATION INFORMATION
- 7.7.2 PIC INTRODUCTION AND BUSINESS OVERVIEW
- 7.7.3 PIC MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.7.4 PIC MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.8 PIT-RADWAR
- 7.8.1 PIT-RADWAR CORPORATION INFORMATION
- 7.8.2 PIT-RADWAR INTRODUCTION AND BUSINESS OVERVIEW
- 7.8.3 PIT-RADWAR MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.8.4 PIT-RADWAR MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
- 7.9 XURUI ELECTRONIC
- 7.9.1 XURUI ELECTRONIC CORPORATION INFORMATION
- 7.9.2 XURUI ELECTRONIC INTRODUCTION AND BUSINESS OVERVIEW
- 7.9.3 XURUI ELECTRONIC MAGNETIC REED SWITCH PRODUCTS OFFERED
- 7.9.4 XURUI ELECTRONIC MAGNETIC REED SWITCH SALES, REVENUE AND GROSS MARGIN (2019-2021)
8 MAGNETIC REED SWITCH MANUFACTURING COST ANALYSIS
- 8.1 MAGNETIC REED SWITCH KEY RAW MATERIALS ANALYSIS
- 8.1.1 KEY RAW MATERIALS
- 8.1.2 KEY SUPPLIERS OF RAW MATERIALS
- 8.2 PROPORTION OF MANUFACTURING COST STRUCTURE
- 8.3 MAGNETIC REED SWITCH INDUSTRIAL CHAIN ANALYSIS
9 MARKETING CHANNEL, DISTRIBUTORS AND CUSTOMERS
- 9.1 MARKETING CHANNEL
- 9.2 MAGNETIC REED SWITCH DISTRIBUTORS LIST
- 9.3 MAGNETIC REED SWITCH CUSTOMERS
10 MAGNETIC REED SWITCH MARKET DYNAMICS
- 10.1 MAGNETIC REED SWITCH INDUSTRY TRENDS
- 10.2 MAGNETIC REED SWITCH MARKET DRIVERS
- 10.3 MAGNETIC REED SWITCH MARKET CHALLENGES
11 PRODUCTION AND SUPPLY FORECAST
- 11.1 GLOBAL FORECASTED PRODUCTION OF MAGNETIC REED SWITCH BY REGION (2023-2028)
- 11.2 NORTH AMERICA MAGNETIC REED SWITCH PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.3 EUROPE MAGNETIC REED SWITCH PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.4 CHINA MAGNETIC REED SWITCH PRODUCTION, REVENUE FORECAST (2023-2028)
- 11.5 JAPAN MAGNETIC REED SWITCH PRODUCTION, REVENUE FORECAST (2023-2028)
12 CONSUMPTION AND DEMAND FORECAST
- 12.1 GLOBAL FORECASTED DEMAND ANALYSIS OF MAGNETIC REED SWITCH
- 12.2 NORTH AMERICA FORECASTED CONSUMPTION OF MAGNETIC REED SWITCH BY COUNTRY
- 12.3 EUROPE MARKET FORECASTED CONSUMPTION OF MAGNETIC REED SWITCH BY COUNTRY
- 12.4 ASIA PACIFIC MARKET FORECASTED CONSUMPTION OF MAGNETIC REED SWITCH BY REGION
- 12.5 LATIN AMERICA FORECASTED CONSUMPTION OF MAGNETIC REED SWITCH BY COUNTRY
13 FORECAST BY TYPE AND BY APPLICATION
- 13.1 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY TYPE (2023-2028)
- 13.1.1 GLOBAL FORECASTED PRODUCTION OF MAGNETIC REED SWITCH BY TYPE (2023-2028)
- 13.1.2 GLOBAL FORECASTED REVENUE OF MAGNETIC REED SWITCH BY TYPE (2023-2028)
- 13.1.3 GLOBAL FORECASTED PRICE OF MAGNETIC REED SWITCH BY TYPE (2023-2028)
- 13.2 GLOBAL PRODUCTION, REVENUE AND PRICE FORECAST BY APPLICATION (2023-2028)
14 RESEARCH FINDINGS AND CONCLUSION
15 METHODOLOGY AND DATA SOURCE
- 15.1 METHODOLOGY/RESEARCH APPROACH
- 15.1.1 RESEARCH PROGRAMS/DESIGN
- 15.1.2 MARKET SIZE ESTIMATION
- 15.1.3 MARKET BREAKDOWN AND DATA TRIANGULATION
- 15.2 DATA SOURCE
- 15.2.1 SECONDARY SOURCES
- 15.2.2 PRIMARY SOURCES
- 15.3 AUTHOR LIST
- 15.4 DISCLAIMER