Reed Sensor Market Size, Share, Up-coming Trends, Analysis, Manufactures, Regions, Leading Players, Outlook –Future and Forecast 2023

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The Reed Sensor Market is expected to grow from USD 1.61 billion in 2018 to USD 2.30 billion by 2023, at a CAGR of 7.40% during the forecast period. This report spread across 122 Pages, Profiling 10 Companies and Supported with 66 Tables and 37 figures are now available in this research.

               

Top Key Players Profiled in the Reed Sensor Market:

  • Standex-Meder Electronics (US)
  • Littelfuse (US)
  • HSI Sensing (US)
  • RMCIP (Russia)
  • PIC GmbH (Germany)
  • Coto Technology (US)
  • Pickering Electronics (UK)
  • Aleph America (US)
  • STG Germany GmbH (Germany)
  • Zhejiang Xurui Electronic (China)

 

The automotive and transportation application accounts for the largest share of the reed sensor market. The reed sensors are used in vehicles such as heavy-duty trucks, airplanes, trains, motorcycles, E-cars, and E-bikes. The reed sensors can be deployed for measurement of brake pressure, coolant level, windshield, tire pressure monitoring, liquid level detection, HVAC controls, and emissions, among others.

 

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The reed sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for reed sensors. The rise in disposable income in APAC countries has led to the increase in the demand for vehicles and consumer appliances, which, in turn, increased the growth of the reed sensor market in this region.

 

Table of Contents:

1 Introduction

1.1 Study Objectives

1.2 Definition

1.3 Scope of Market

1.3.1 Geographic Scope

1.4 Years Considered

1.5 Currency

1.6 Stakeholders

 

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.1.1 Secondary Sources

2.1.2 Primary Data

2.1.2.1 Sampling Techniques and Data Collection Methods

2.1.2.2 Primary Sources

2.1.2.3 Key Industry Insights

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

2.2.2 Top-Down Approach

2.3 Market Breakdown and Data Triangulation

2.4 Research Assumptions

 

3 Executive Summary

…more

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