Press release
Reed Sensors Market Size, Share, Development by 2023
A reed sensor is a hermetically sealed electromagnetic sensor operated by an applied magnetic field generated by either a permanent magnet or current carrying coil. Reed sensors are used for sensing and detecting movement, proximity, metal detection, and liquid level and flow measurement. It consists of 2 or more metal reed contacts (blades) that are hermetically sealed inside a glass capsule containing inert gas to prevent the activation of contacts. The contacts can be normally open, which closes in the presence of magnetic field, and normally closed, which opens when a magnetic field is applied.
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Global Reed Sensors Market: Forecast by Type / Application / Region
The market in APAC is expected to hold the largest share by 2025. The region has a high potential for Reed Sensorss. The growing need for energy saving and improving operational efficiency in refineries and commercial spaces drives the market for Reed Sensorss in APAC. The growing electricity demand backed by rebounded growth in the economy is expected to establish more power plants, which, in turn, is expected to propel the demand for Reed Sensorss in the power generation industry in the next few years.
The worldwide market for Reed Sensors is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$ in 2023, from x million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Reed Sensors in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
Oki
Littelfuse (Hamlin)
Standex
RMCIP
Nippon Aleph
HSI Sensing
Coto
PIT-RADWAR
PIC
STG
Harbin Electric Group
Zhejiang Xurui
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Related Information:
United States Reed Sensors Market 2018 Forecast to 2023
Europe Reed Sensors Market 2018 Forecast to 2023
North America Reed Sensors Market 2018 Forecast to 2023
Asia-Pacific Reed Sensors Market 2018 Forecast to 2023
China Reed Sensors Market 2018 Forecast to 2023
EMEA Reed Sensors Market 2018 Forecast to 2023
Global Reed Sensors Market 2018 Forecast to 2023
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