Global Reed Sensor Market is expected to grow from USD 1.55 billion in 2017 to USD 2.37 billion by 2023 | Reed Sensor Market is growing at a compound annual growth rate (CAGR) of 7.43% during the forecast period | Reed Sensor Industry
The prominent market players operating in the global reed sensor market as identified by MRFR are Littelfuse Inc. (US), RMCIP (Russia), STG Germany GmbH (Germany), HSI Sensing (US), Standex Electronics, Inc. (US), Coto Technology (US), PIC GmbH (Germany), America Corporation (US), Pickering Electronics Ltd (UK), and Zhejiang Xurui Electronic (China) among others.
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Reed sensor market is analyzed based on type, application, and mount type.
- Based on the type, the reed sensors market is divided into ultra-miniature, metal detection reed sensor, high-voltage reed sensor, dry-reed sensor, high-temperature reed sensor, and mercury-wetted reed sensor.
- Based on the mount type, the reed sensor market is bifurcated into panel mount, surface mount, screw mount, and thread mount.
- Based on application, the reed sensor market is segmented into automotive & transportation, consumer electronics & appliances, telecommunications, safety & security, healthcare, robotics & automation, construction, and others.
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