openPR Logo
Press release

Reed Sensor Market 2019 In-Depth Analysis with Booming Trends Led by SMC Corporation, STG-Germany Group, Bimba Manufacturing Company, Coto Technology, PIC GmbH, Coto Technology

04-19-2019 07:26 AM CET | IT, New Media & Software

Press release from: The Insight Partners

Reed Sensor Market

Reed Sensor Market

The global reed sensor market accounted to US$ 765.07 Mn in 2018 and is expected to grow at a CAGR of 7.8% during the forecast period 2019 – 2027, to account to US$ 1,473.33 Mn by 2027. Europe was the leading geographic reed sensor market and it is anticipated to be the highest revenue contributor throughout the forecast period.

The consumer electronics market in Europe has witnessed aggressive and stable demands in different countries of the region. The NORDIC countries of Europe consist of a large number of Small and Medium scale industries (SMEs) that have steady demands for reed sensor based products.

Get Sample PDF Copy @ http://bit.ly/2VTj58V

The emergence of advanced-driver-assistance systems like adaptive braking, self-parking, backup cameras, and automatic cruise control that further increase the passenger safety in the vehicles. Shared mobility services is another trend buzzing in the automobile ecosystem. A strong internet infrastructure coupled with cars that would be able to communicate with the rider and amongst each other regarding their availabilities and route mapping would form a trend in the upcoming few years.

Top Leading Key Players are :-
- BIMBA MANUFACTURING COMPANY
- COTO TECHNOLOGY
- LITTELFUSE INC.
- PIC GMBH
- PICKERING ELECTRONICS LTD
- RMCIP
- SMC CORPORATION
- STANDEX ELECTRONICS INC.
- STG-GERMANY GROUP
- ZHEJIANG XURUI ELECTRONIC CO. LTD

The exponential growth in data traffic over the internet is out rightly attributed to the growing penetration of smartphones and other consumer electronic devices that can be connected over the internet with the advent of IoT. The advent of IoT has enabled each device to be connected over the internet and the rising adoptions globally would result in more than billions of devices connected over the internet.

Highly advanced sensors are anticipated to be integrated into these vehicles for efficient communications to happen and therefore, these automotive electronic trends are anticipated to present good opportunities for the reed sensor market players to cache in.

Reed Sensor Market - Type Insights

Proximity sensors are capable of detecting an object in their detection range by utilizing a non-contact detection principle. The proximity sensors have a long functional life, high switching rate and provide high reliability as compared to other sensors. The reed proximity sensors have a wide range of applications in appliance doors, passenger vehicles, and access panels. Reed proximity sensor is gaining popularity in the robotics and automation sector, where reed switches are used as proximity sensors for performing various tasks such as controlling conveyor speed, robotic motion, location, and angle. Reed proximity sensor is utilized in mobile devices to provide a sleek design and replace the mechanical buttons.

The reed proximity sensors are gaining popularity for various applications like the consumer, industrial, embedded, communications, and medical among others. The increasing demand for industrial automation and the growing popularity of non-contact sensing technology are the primary factors that are supporting the growth of proximity sensors market whereas limitation in sensing capabilities of the proximity sensors might slow down the growth proximity sensors market.

Buy this premium report @ http://bit.ly/2VUdSxB

Reed Sensor Market - Strategic Insights

Strategic partnership with automotive industry as a part of the enhancement of the sensor offering was observed as the most adopted strategy in global reed sensor market.

2019: HSI Sensing, an Oklahoma-based manufacturer of custom reed switch and sensor technology, launched its complete Sentinel product line in an event held in the US. The Sentinel product line is a high-security product line that is tamper free in nature.

2018: Pickering Electronics to announce the launch of new Series 124 4mm range of ultra-high-density reed relays. These new relays are the lowest profile reed relay on the 4 x 4mm footprint, measuring 9.5mm high. Devices are currently available in 1 Form A with options of 3 or 5 volt coils.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Reed Sensor Market 2019 In-Depth Analysis with Booming Trends Led by SMC Corporation, STG-Germany Group, Bimba Manufacturing Company, Coto Technology, PIC GmbH, Coto Technology here

News-ID: 1710304 • Views: 308

More Releases from The Insight Partners

Automated Parcel Delivery Terminals Market Analysis and Forecasts By Leading Pla …
automated parcel delivery terminals market accounted for US$ 799.0 Mn in 2017 and is expected to grow at a CAGR of 12.0% during the forecast period 2018 – 2025, to account for US$ 1,973.4 Mn in 2025. Automated Parcel Delivery Terminals market operates in a lately introduced highly-competitive marketplace. As leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base,
Detailed Research Report on Automotive Multi-Domain Controller Market to 2027
This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation
Industrial Metrology Market 2019 PROMINENT KEY PLAYERS: Carl Zeiss Corporation, …
Measurement principles applied to manufacture processes to ensure quality as well as the accuracy of the manufactured parts and components. A system of master parts, gauges and single-use machines worked when an entire product was produced in a single factory. Modern global supply chains need a different system. Metrology can be used for many different functions, depending on multiple variables including the purpose of the study or project. Commonly, the
Freight Transport Management Market 2019 Trends, Business Growth, Leading Player …
Efficient freight transportation is essential for the economic growth of any nation. Hence, effectively managing freight transportation becomes crucial for development. Various strategies are incorporated for improving efficiency and freight and commercial transport. These include route planning, freight optimization, order management, and fuel management. The industry, in recent years, has witnessed the advent of machine-to-machine communication and analytics to enhance these operations. Furthermore, the demand shift towards digitization offers significant

All 5 Releases


More Releases for Reed

Global Reed Relay Market Insights, Forecast
This report presents the worldwide Reed Relay market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=60463 Table of Contents: Table of Contents 1 Study Coverage
Global Reed Switch Market Research Report
This report studies the global Reed Switch market status and forecast, categorizes the global Reed Switch market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=77843 Table of Contents: Table of Contents Global Reed Switch Market Research Report 2018 1 Reed Switch Market Overview 1.1
Global Reed switch Industry Report 2015
The Global Reed switch Industry Report 2015 is a professional and in-depth study on the current state of the Reed switch industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Reed switch market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes
Global Reed Switch Market 2012- 2022
Summary Based on products type, the report describes major products type share of regional market. Products mentioned as follows: By Form Form A Form B Form C Based on region, the report describes major regions market by vendor, products and application. Regions mentioned as follows: Europe North America China Japan & Korea Based on application, the report describes major application share of regional market. Application mentioned as follows: Reed Relays Magnetic Sensors Leading vendors in the market are included based on sales; price, sales
Megan Reed + Jennie Ottinger | Rabble-Rousers | May 27
In Rabble-Rousers, Megan Reed’s marching sculptures, watched by the disconcertingly unwholesome crowds in Jennie Ottinger’s paintings, together activate the gallery space into a kind of parade ground for resistance, rebellion, and/or collective merry-making. Through loud, chromatic palettes and vivid textures, both Reed and Ottinger create work that is tactile, vocal and slyly humorous. The viewer is invariably drawn into the rabble-rousing, tangled up into its web of discourse; urged to join
Magnetic Reed Proximity Sensors Market to gain pace in 2017
Bigmarketresearch added Most up-to-date research on "Global Magnetic Reed Proximity Sensors Market Research Report 2017" to its huge collection of research reports. This report studies Magnetic Reed Proximity Sensors in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering ELOBAU BDC ELECTRONIC BERNSTEIN ELOBAU Idem Safety Switches SICK Split by product type, with production, revenue, price,