Reed Relay Market by Voltage (200 V, 200 V–500 V, 500 V–1 Kv, 1 kV–7.5 kV, & 7.5 kV–10 kV, & Above 10 kV), Application (Industrial, Household Appliances, Test & Measurement, Mining, Automotive, EV, Medical, Renewables), & Geography - Global Forecast to 2030
The reed relay market is projected to reach USD 1,125 million by 2030 from an estimated of USD 352 million in 2022. Reed relays meet the low-level voltage switching needs that all other relay types do not. They offer high-voltage and high RF switching. Likewise, the reed relay can switch very low voltages and currents over its long lifetime. Therefore, these relays, if properly designed, stand up to the high demands of modern electronics.
The growth of the reed relay market is expected to be driven by increasing digitization and automation in the consumer electronics industry, the modernization of electric vehicles, and exceptional features such as high switching frequency and resistance to shock and vibration.
“Renewables: The fastest growing segment of the reed relay market”
By application, the renewables segment is estimated to be the fastest growing segment of the reed relay market from 2022 to 2030. A global tendency towards efficient energy consumption and the expansion of renewables have boosted interest in energy storage solutions. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. Reed relays find extensive application in renewable energy storage systems, and an increase in adoption of renewables energy technologies is expected to drive their fast growth.
“200–250 V power rating: The largest segment by voltage range in the reed relay market”
The 200–250 V segment, by voltage range, is projected to hold the highest market share during the forecast period. Reed relays of this voltage rating can carry current at 2.5 A resulting in a power rating of 50 W. They are designed to stand up and save space in cases where the printed circuit board is limited. The multiple switching features offer high-voltage switching elements and require a much lower level of power to actuate them than other traditional types of relays, thus boosting their demand in the reed relay market.
“China: The fastest-growing geography in the reed relay market”
China is estimated to grow at the fastest rate in the global reed relay market during the forecast period. The geography is the key production base of relays in the world, with its output holding more than 50% of the global total. The Chinese government’s active support has increased the number of value-addition industries, translating into the country’s overall industrial growth in sectors such as telecommunication, wind & solar power, petrochemical processing, automotive, and steel. Moreover, the total electricity consumption in China increased by 6.6% in 2020 because of the growth in industrial power consumption. All these factors are expected to increase the demand for reed relays in the geography.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 million, Tier 2: From USD 500 million to USD 1 million, and Tier 3: < USD 500 million
The leading players in the reed relay market include Standex (US), Pickering Electronics (UK), Coto Technology (US), TE Connectivity (Switzerland), and Bright Toward Industrial Co., Ltd (Taiwan),
Research Coverage:
The report explains, describes, and forecasts the global reed relay market, by application, by voltage, and geography.
It also offers a detailed qualitative and quantitative analysis of the reed relay market. The report provides a thorough review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the reed relay market.
Key Benefits of Buying the Report
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the reed relay market and provides them information on key market drivers, restraints, challenges, and opportunities.
The growth of the reed relay market is expected to be driven by increasing digitization and automation in the consumer electronics industry, the modernization of electric vehicles, and exceptional features such as high switching frequency and resistance to shock and vibration.
“Renewables: The fastest growing segment of the reed relay market”
By application, the renewables segment is estimated to be the fastest growing segment of the reed relay market from 2022 to 2030. A global tendency towards efficient energy consumption and the expansion of renewables have boosted interest in energy storage solutions. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. Reed relays find extensive application in renewable energy storage systems, and an increase in adoption of renewables energy technologies is expected to drive their fast growth.
“200–250 V power rating: The largest segment by voltage range in the reed relay market”
The 200–250 V segment, by voltage range, is projected to hold the highest market share during the forecast period. Reed relays of this voltage rating can carry current at 2.5 A resulting in a power rating of 50 W. They are designed to stand up and save space in cases where the printed circuit board is limited. The multiple switching features offer high-voltage switching elements and require a much lower level of power to actuate them than other traditional types of relays, thus boosting their demand in the reed relay market.
“China: The fastest-growing geography in the reed relay market”
China is estimated to grow at the fastest rate in the global reed relay market during the forecast period. The geography is the key production base of relays in the world, with its output holding more than 50% of the global total. The Chinese government’s active support has increased the number of value-addition industries, translating into the country’s overall industrial growth in sectors such as telecommunication, wind & solar power, petrochemical processing, automotive, and steel. Moreover, the total electricity consumption in China increased by 6.6% in 2020 because of the growth in industrial power consumption. All these factors are expected to increase the demand for reed relays in the geography.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 40%, Tier 2- 35%, and Tier 3- 25%
- By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
- By Region: Asia Pacific- 30%, North America- 40%, Europe- 20%, Rest of the World- 10%.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 million, Tier 2: From USD 500 million to USD 1 million, and Tier 3: < USD 500 million
The leading players in the reed relay market include Standex (US), Pickering Electronics (UK), Coto Technology (US), TE Connectivity (Switzerland), and Bright Toward Industrial Co., Ltd (Taiwan),
Research Coverage:
The report explains, describes, and forecasts the global reed relay market, by application, by voltage, and geography.
It also offers a detailed qualitative and quantitative analysis of the reed relay market. The report provides a thorough review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the reed relay market.
Key Benefits of Buying the Report
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the reed relay market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 REED RELAY MARKET, BY VOLTAGE TYPE
1.3.2 REED RELAY MARKET, BY APPLICATION
1.3.3 REED RELAY MARKET, BY GEOGRAPHY
1.4 MARKET SCOPE
1.4.1 REED RELAY MARKET SEGMENTATION
1.4.2 GEOGRAPHIC SCOPE
1.5 YEARS CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 REED RELAY MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND GEOGRAPHY
FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR REED RELAYS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE ANALYSIS
2.3.3.1 Geographic analysis
2.3.3.2 Country analysis
2.3.3.3 Demand-side assumptions
2.3.3.4 Demand-side calculations
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF RELAYS
FIGURE 8 GLOBAL RELAY MARKET: SUPPLY-SIDE ANALYSIS
2.3.4.1 Supply-side calculations
2.3.4.2 Supply-side assumptions
2.3.5 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 REED RELAY MARKET SNAPSHOT
FIGURE 9 RENEWABLES TO CONTINUE TO DOMINATE GLOBAL REED RELAY MARKET DURING FORECAST PERIOD
FIGURE 10 200 V–500 V SEGMENT TO LEAD GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, DURING FORECAST PERIOD
FIGURE 11 EUROPE DOMINATED REED RELAY MARKET IN 2021
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REED RELAY MARKET
FIGURE 12 INCREASING INVESTMENTS IN POWER GENERATION FROM RENEWABLES AND GROWTH OF EV SEGMENT TO DRIVE MARKET DURING 2022–2030
4.2 EUROPE: REED RELAY MARKET, BY APPLICATION AND COUNTRY, 2021
FIGURE 13 AUTOMOTIVE HELD THE LARGEST SHARE OF THE REED RELAY MARKET IN EUROPE IN 2021
4.3 REED RELAY MARKET, BY GEOGRAPHY
FIGURE 14 CHINA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
4.4 REED RELAY MARKET, BY APPLICATION
FIGURE 15 RENEWABLES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
4.5 REED RELAY MARKET, BY VOLTAGE RANGE
FIGURE 16 200 V–500 V SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 MARKET DYNAMICS FOR REED RELAY MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing adoption of EVs
FIGURE 18 ELECTRIC VEHICLE MARKET, 2022 TO 2030 (THOUSAND UNITS)
5.2.1.2 Rising investments in renewables
FIGURE 19 GLOBAL ANNUAL SOLAR PV CAPACITY, IN GW, 2021
TABLE 2 GLOBAL SOLAR PV CAPACITY ADDITION PROJECTIONS
FIGURE 20 RENEWABLE CAPACITY ADDITION, 2019–2024 (GW)
5.2.1.3 Growing medical and instrumentation industry
5.2.2 RESTRAINTS
5.2.2.1 Lower current rating compared with EMR and SSR
5.2.2.2 Reed relays result in failures such as missing and sticking
5.2.3 OPPORTUNITIES
5.2.3.1 Rising number of EV charging stations
FIGURE 21 ELECTRIC VEHICLE CHARGING STATION MARKET, 2022–2027 (THOUSAND UNITS)
5.2.4 CHALLENGES
5.2.4.1 Lack of investments by governments for grid stability
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR GLOBAL REED RELAY MARKET
FIGURE 22 REVENUE SHIFT FOR RELAY PROVIDERS
5.4 MARKET MAP
FIGURE 23 MARKET MAP: GLOBAL REED RELAY MARKET
TABLE 3 GLOBAL REED RELAY MARKET: ROLE IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS: GLOBAL REED RELAY MARKET
5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.5.2 COMPONENT MANUFACTURERS
5.5.3 RELAY MANUFACTURERS/ASSEMBLERS
5.5.4 DISTRIBUTORS
5.5.5 END-USERS
5.5.6 POST-SALES SERVICES
5.6 TECHNOLOGY ANALYSIS
5.6.1 REED SWITCH TECHNOLOGY
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE OF REED RELAYS
TABLE 4 AVERAGE SELLING PRICE OF REED RELAYS, 2021
TABLE 5 AVERAGE SELLING PRICE OF REED RELAYS OFFERED BY KEY PLAYERS, 2021
5.8 KEY CONFERENCES AND EVENTS, 2022–2024
TABLE 6 GLOBAL REED RELAY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.9 TARIFF, CODES, AND REGULATIONS
5.9.1 TARIFF RELATED TO RELAYS
TABLE 7 IMPORT TARIFF FOR HS 853690 LOW-VOLTAGE PROTECTION EQUIPMENT, 2019
TABLE 8 IMPORT TARIFF FOR HS 8535 HIGH-VOLTAGE PROTECTION EQUIPMENT, 2019
5.10 TRADE ANALYSIS
5.10.1 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE EXCEEDING 1,000 V
5.10.2 IMPORT SCENARIO
TABLE 9 IMPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019–2021 (USD)
5.10.3 EXPORT SCENARIO
TABLE 10 EXPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019–2021 (USD)
5.10.4 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE NOT EXCEEDING 1,000 V
5.10.5 IMPORT SCENARIO
TABLE 11 IMPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD)
5.10.6 EXPORT SCENARIO
TABLE 12 EXPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD)
5.10.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.10.8 CODES AND REGULATIONS RELATED TO REED RELAYS
TABLE 17 REED RELAYS: CODES AND REGULATIONS
5.11 PATENT ANALYSIS
TABLE 18 REED RELAY: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2021–MAY 2022
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS FOR REED RELAY MARKET
TABLE 19 REED RELAY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 THREAT OF SUBSTITUTES
5.12.2 BARGAINING POWER OF SUPPLIERS
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 THREAT OF NEW ENTRANTS
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 20 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.14 BUYING CRITERIA
FIGURE 27 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 CASE STUDY ANALYSIS
5.15.1 RELIANCE UPGRADES TO MORE ROBUST RELAYS FOR CRITICAL APPLICATIONS
5.15.1.1 Problem statement
5.15.1.2 Solution
5.15.2 LITTELFUSE ARC-FLASH RELAY SAVES PLANT FROM CATASTROPHIC DAMAGE
5.15.2.1 Problem statement
5.15.2.2 Solution
6 REED RELAY MARKET, BY APPLICATION
6.1 INTRODUCTION
FIGURE 28 GLOBAL REED RELAY MARKET, BY APPLICATION, 2021
TABLE 22 GLOBAL REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
6.2 INDUSTRIAL
6.2.1 AUTOMATION IN INDUSTRIES LIKELY TO BOOST DEMAND
TABLE 23 INDUSTRIAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.3 HOUSEHOLD APPLIANCES
6.3.1 HIGH CONSUMER SPENDING TO DRIVE DEMAND FOR HOUSEHOLD APPLIANCES
TABLE 24 HOUSEHOLD APPLIANCES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.4 TEST AND MEASUREMENT
6.4.1 FAST ACTUATION TIME TO PROPEL ADOPTION IN TEST AND MEASUREMENT APPLICATIONS
TABLE 25 TEST AND MEASUREMENT: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.5 MINING
6.5.1 RELIABILITY AND SAFETY PROVISION TO ACCELERATE DEMAND
TABLE 26 MINING: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.6 AUTOMOTIVE
6.6.1 CAPABILITY TO SWITCH HIGH LOADS TO DRIVE MARKET GROWTH
6.6.2 EV
6.6.2.1 Battery management systems
6.6.2.2 Charging stations
6.6.3 CONVENTIONAL
TABLE 27 AUTOMOTIVE: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.7 MEDICAL
6.7.1 DEMAND FOR EFFICIENT OPERATIONS LIKELY TO BOOST DEMAND FOR REED RELAYS IN MEDICAL APPLICATIONS
TABLE 28 MEDICAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.8 RENEWABLES
6.8.1 HIGH ADOPTION OF RENEWABLE POWER TO DRIVE DEMAND
6.8.2 SOLAR
6.8.3 WIND
TABLE 29 RENEWABLES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.9 CHARGING STATIONS
6.9.1 NEED FOR CHARGING STATIONS TO CATER TO GROWING EV MARKET TO BOOST DEMAND
TABLE 30 CHARGING STATIONS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.10 OTHERS
TABLE 31 OTHERS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
7 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE
7.1 INTRODUCTION
FIGURE 29 GLOBAL REED RELAY MARKET (VALUE), BY VOLTAGE RANGE, 2021
TABLE 32 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, 2020–2030 (USD MILLION)
7.2 BELOW 200 V
7.2.1 INSTRUMENTATION AND TELECOMMUNICATION REQUIREMENTS TO DRIVE MARKET
7.3 200 V–500 V
7.3.1 HIGH-VOLTAGE SWITCHING ELEMENTS TO BOOST MARKET GROWTH
7.4 500 V–1 KV
7.4.1 EXCELLENT STABILITY OFFRED BY RELAYS IN THIS VOLTAGE RANGE TO ACCELERATE MARKET GROWTH
7.5 1 KV–7.5 KV
7.5.1 HIGH FREQUENCY AND EFFICIENT PERFORMANCE TO PROPEL MARKET GROWTH
7.6 7.5 KV–10 KV
7.6.1 SMALL FOOTPRINT FEATURE TO ENHANCE MARKET GROWTH
7.7 ABOVE 10 KV
7.7.1 HIGH-RELIABILITY APPLICATIONS TO DRIVE MARKET
8 REED RELAY MARKET, BY GEOGRAPHY
8.1 INTRODUCTION
FIGURE 30 GEOGRAPHICAL SNAPSHOT: CHINA TO WITNESS HIGHEST CAGR IN REED RELAY MARKET DURING FORECAST PERIOD
FIGURE 31 REED RELAY MARKET SHARE (VALUE), BY GEOGRAPHY, 2021
TABLE 33 REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
8.2 ASIA PACIFIC (EXCL. CHINA)
FIGURE 32 ASIA PACIFIC (EXCL. CHINA): MARKET SNAPSHOT
8.2.1 BY APPLICATION
TABLE 34 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 35 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 36 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2 BY COUNTRY
TABLE 37 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY COUNTRY 2020–2030 (USD MILLION)
8.2.2.1 India
8.2.2.1.1 Huge amount of electricity generation from renewables to drive market
TABLE 38 INDIA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 39 INDIA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 40 INDIA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2.2 Japan
8.2.2.2.1 Shift from nuclear power to thermal power, renewables, and hydropower to boost market
TABLE 41 JAPAN: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 42 JAPAN: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 43 JAPAN: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2.3 Rest of Asia Pacific
TABLE 44 REST OF ASIA PACIFIC: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 45 REST OF ASIA PACIFIC: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 46 REST OF ASIA PACIFIC: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.3 CHINA
8.3.1 BY APPLICATION
TABLE 47 CHINA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 48 CHINA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 49 CHINA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4 EUROPE
FIGURE 33 EUROPE: MARKET SNAPSHOT
8.4.1 BY APPLICATION
TABLE 50 EUROPE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 51 EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 52 EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2 BY COUNTRY
TABLE 53 EUROPE: REED RELAY MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
8.4.2.1 UK
8.4.2.1.1 Increasing investments in electrical infrastructure to offer growth opportunities for reed relay market players
8.4.2.1.2 By application
TABLE 54 UK: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION
TABLE 55 UK: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 56 UK: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.2 Germany
8.4.2.2.1 Growing renewable energy capacity development to drive market
8.4.2.2.2 By application
TABLE 57 GERMANY: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 58 GERMANY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 59 GERMANY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.3 Poland
8.4.2.3.1 Rising investments in automotive sector to boost market growth
8.4.2.3.2 By application
TABLE 60 POLAND: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 61 POLAND: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 62 POLAND: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.4 France
8.4.2.4.1 Increasing investments in renewable energy to accelerate market growth
8.4.2.4.2 By application
TABLE 63 FRANCE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 64 FRANCE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 65 FRANCE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.5 Italy
8.4.2.5.1 Surging investments in industrial and manufacturing sectors to drive market
8.4.2.5.2 By application
TABLE 66 ITALY: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 67 ITALY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 68 ITALY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.6 Rest of Europe
8.4.2.6.1 By application
TABLE 69 REST OF EUROPE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 70 REST OF EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 71 REST OF EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5 NORTH AMERICA
8.5.1 BY APPLICATION
TABLE 72 NORTH AMERICA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 73 NORTH AMERICA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 74 NORTH AMERICA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2 BY COUNTRY
TABLE 75 NORTH AMERICA: REED RELAY MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
8.5.2.1 US
8.5.2.1.1 Increasing demand for primary energy production to propel market growth
8.5.2.1.2 By application
TABLE 76 US: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 77 US: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 78 US: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2.2 Canada
8.5.2.2.1 Growing investments in electricity utility upgrades to drive market
8.5.2.2.2 By application
TABLE 79 CANADA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 80 CANADA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 81 CANADA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2.3 Mexico
8.5.2.3.1 Rising demand for transmission and distribution networks to contribute to market growth
8.5.2.3.2 By application
TABLE 82 MEXICO: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 83 MEXICO: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 84 MEXICO: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.6 ROW
8.6.1 BY APPLICATION
TABLE 85 ROW: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 86 ROW: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 87 ROW: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES
TABLE 88 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, APRIL 2019–APRIL 2022
9.3 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 89 REED RELAY MARKET: DEGREE OF COMPETITION
FIGURE 34 REED RELAY MARKET SHARE ANALYSIS,
9.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
FIGURE 35 TOP PLAYERS IN REED RELAY MARKET, 2017–2021
9.5 COMPANY EVALUATION QUADRANT
9.5.1 STARS
9.5.2 PERVASIVE PLAYERS
9.5.3 EMERGING LEADERS
9.5.4 PARTICIPANTS
FIGURE 36 COMPETITIVE LEADERSHIP MAPPING: REED RELAY MARKET, 2021
9.6 STARTUP/SME EVALUATION QUADRANT, 2021
9.6.1 PROGRESSIVE COMPANIES
9.6.2 RESPONSIVE COMPANIES
9.6.3 DYNAMIC COMPANIES
9.6.4 STARTING BLOCKS
FIGURE 37 REED RELAY MARKET: START-UP/SME EVALUATION QUADRANT, 2021
9.6.5 COMPETITIVE BENCHMARKING
TABLE 90 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 91 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
9.7 REED RELAY MARKET: COMPANY FOOTPRINT
TABLE 92 COMPANY FOOTPRINT: BY APPLICATION
TABLE 93 COMPANY FOOTPRINT: BY VOLTAGE RANGE
TABLE 94 BY REGION: COMPANY FOOTPRINT
TABLE 95 OVERALL COMPANY FOOTPRINT
9.8 COMPETITIVE SCENARIO
TABLE 96 REED RELAY MARKET: PRODUCT LAUNCHES, MAY 2019–FEBRUARY 2021
TABLE 97 REED RELAY MARKET: DEALS, SEPTEMBER 2022–JANUARY 2020
TABLE 98 REED RELAY MARKET: OTHER DEVELOPMENTS, AUGUST 2020–APRIL 2019
10 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1 KEY PLAYERS
10.1.1 ABB
TABLE 99 ABB: BUSINESS OVERVIEW
FIGURE 38 ABB: COMPANY SNAPSHOT (2021)
TABLE 100 ABB: PRODUCTS OFFERED
TABLE 101 ABB.: DEALS
TABLE 102 ABB: OTHERS
10.1.2 SCHNEIDER ELECTRIC
TABLE 103 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 39 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT (2021)
TABLE 104 SCHNEIDER ELECTRIC: PRODUCTS OFFERED
TABLE 105 SCHNEIDER ELECTRIC: OTHERS
10.1.3 SIEMENS
TABLE 106 SIEMENS: BUSINESS OVERVIEW
FIGURE 40 SIEMENS: COMPANY SNAPSHOT (2021)
TABLE 107 SIEMENS: PRODUCTS OFFERED
TABLE 108 SIEMENS: DEALS
10.1.4 STANDEX ELECTRONICS, INC.
TABLE 109 STANDEX INTERNATIONAL CORPORATION.: BUSINESS OVERVIEW
FIGURE 41 STANDEX ELECTRONICS, INC.: COMPANY SNAPSHOT (2021)
TABLE 110 STANDEX ELECTRONICS, INC.: PRODUCTS OFFERED
TABLE 111 STANDEX ELECTRONICS, INC..: DEALS
10.1.5 TE CONNECTIVITY
TABLE 112 TE CONNECTIVITY: BUSINESS OVERVIEW
FIGURE 42 TE CONNECTIVITY: COMPANY SNAPSHOT (2021)
TABLE 113 TE CONNECTIVITY: PRODUCTS OFFERED
TABLE 114 TE CONNECTIVITY: DEALS
TABLE 115 TE CONNECTIVITY: OTHERS
10.1.6 BRIGHT TOWARD INDUSTRIAL CO., LTD. (TOWARD RELAYS)
TABLE 116 TOWARD RELAYS: BUSINESS OVERVIEW
TABLE 117 TOWARD RELAYS: PRODUCTS OFFERED
10.1.7 PICKERING ELECTRONICS LTD
TABLE 118 PICKERING ELECTRONICS LTD: BUSINESS OVERVIEW
TABLE 119 PICKERING ELECTRONICS LTD: PRODUCTS OFFERED
TABLE 120 PICKERING ELECTRONICS LTD: PRODUCT LAUNCHES
TABLE 121 PICKERING ELECTRONICS LTD: DEALS
10.1.8 COTO TECHNOLOGY, INC.
TABLE 122 COTO TECHNOLOGY, INC.: BUSINESS OVERVIEW
TABLE 123 COTO TECHNOLOGY, INC.: PRODUCTS OFFERED
10.1.9 LITTELFUSE, INC.
TABLE 124 LITTELFUSE, INC.: BUSINESS OVERVIEW
FIGURE 43 LITTELFUSE, INC.: COMPANY SNAPSHOT (2021)
TABLE 125 LITTELFUSE, INC.: PRODUCTS OFFERED
TABLE 126 LITTELFUSE, INC.: PRODUCT LAUNCHES
TABLE 127 LITTELFUSE, INC.: DEALS
TABLE 128 LITTELFUSE, INC.: OTHERS
10.1.10 HVP HIGH VOLTAGE PRODUCTS GMBH
TABLE 129 HVP HIGH VOLTAGE PRODUCTS GMBH: BUSINESS OVERVIEW
TABLE 130 HVP HIGH VOLTAGE PRODUCTS GMBH: PRODUCTS OFFERED
10.1.11 CELDUC
TABLE 131 CELDUC: BUSINESS OVERVIEW
TABLE 132 CELDUC: PRODUCTS OFFERED
TABLE 133 CELDUC: OTHERS
10.1.12 SANYU ELECTRIC, INC.
TABLE 134 TABLE 4 SANYU ELECTRIC, INC.: BUSINESS OVERVIEW
TABLE 135 SANYU ELECTRIC, INC.: PRODUCTS OFFERED
10.1.13 COMUS
TABLE 136 COMUS: BUSINESS OVERVIEW
TABLE 137 COMUS: PRODUCTS OFFERED
10.1.14 AMERICAN RELAYS INC.
TABLE 138 AMERICAN RELAYS INC.: BUSINESS OVERVIEW
10.1.15 ALEPH
TABLE 139 ALEPH: BUSINESS OVERVIEW
TABLE 140 ALEPH: PRODUCTS OFFERED
10.1.16 COSMO ELECTRONICS
TABLE 141 COSMO ELECTRONICS: COMPANY OVERVIEW
TABLE 142 COSMO ELECTRONICS: OTHERS
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 APPENDIX
11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 REED RELAY MARKET, BY VOLTAGE TYPE
1.3.2 REED RELAY MARKET, BY APPLICATION
1.3.3 REED RELAY MARKET, BY GEOGRAPHY
1.4 MARKET SCOPE
1.4.1 REED RELAY MARKET SEGMENTATION
1.4.2 GEOGRAPHIC SCOPE
1.5 YEARS CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 REED RELAY MARKET: RESEARCH DESIGN
2.2 DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.2.2.2 Key data from primary sources
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND GEOGRAPHY
FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR REED RELAYS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3.3 DEMAND-SIDE ANALYSIS
2.3.3.1 Geographic analysis
2.3.3.2 Country analysis
2.3.3.3 Demand-side assumptions
2.3.3.4 Demand-side calculations
2.3.4 SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF RELAYS
FIGURE 8 GLOBAL RELAY MARKET: SUPPLY-SIDE ANALYSIS
2.3.4.1 Supply-side calculations
2.3.4.2 Supply-side assumptions
2.3.5 FORECAST
3 EXECUTIVE SUMMARY
TABLE 1 REED RELAY MARKET SNAPSHOT
FIGURE 9 RENEWABLES TO CONTINUE TO DOMINATE GLOBAL REED RELAY MARKET DURING FORECAST PERIOD
FIGURE 10 200 V–500 V SEGMENT TO LEAD GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, DURING FORECAST PERIOD
FIGURE 11 EUROPE DOMINATED REED RELAY MARKET IN 2021
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REED RELAY MARKET
FIGURE 12 INCREASING INVESTMENTS IN POWER GENERATION FROM RENEWABLES AND GROWTH OF EV SEGMENT TO DRIVE MARKET DURING 2022–2030
4.2 EUROPE: REED RELAY MARKET, BY APPLICATION AND COUNTRY, 2021
FIGURE 13 AUTOMOTIVE HELD THE LARGEST SHARE OF THE REED RELAY MARKET IN EUROPE IN 2021
4.3 REED RELAY MARKET, BY GEOGRAPHY
FIGURE 14 CHINA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
4.4 REED RELAY MARKET, BY APPLICATION
FIGURE 15 RENEWABLES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
4.5 REED RELAY MARKET, BY VOLTAGE RANGE
FIGURE 16 200 V–500 V SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 MARKET DYNAMICS FOR REED RELAY MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing adoption of EVs
FIGURE 18 ELECTRIC VEHICLE MARKET, 2022 TO 2030 (THOUSAND UNITS)
5.2.1.2 Rising investments in renewables
FIGURE 19 GLOBAL ANNUAL SOLAR PV CAPACITY, IN GW, 2021
TABLE 2 GLOBAL SOLAR PV CAPACITY ADDITION PROJECTIONS
FIGURE 20 RENEWABLE CAPACITY ADDITION, 2019–2024 (GW)
5.2.1.3 Growing medical and instrumentation industry
5.2.2 RESTRAINTS
5.2.2.1 Lower current rating compared with EMR and SSR
5.2.2.2 Reed relays result in failures such as missing and sticking
5.2.3 OPPORTUNITIES
5.2.3.1 Rising number of EV charging stations
FIGURE 21 ELECTRIC VEHICLE CHARGING STATION MARKET, 2022–2027 (THOUSAND UNITS)
5.2.4 CHALLENGES
5.2.4.1 Lack of investments by governments for grid stability
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR GLOBAL REED RELAY MARKET
FIGURE 22 REVENUE SHIFT FOR RELAY PROVIDERS
5.4 MARKET MAP
FIGURE 23 MARKET MAP: GLOBAL REED RELAY MARKET
TABLE 3 GLOBAL REED RELAY MARKET: ROLE IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS: GLOBAL REED RELAY MARKET
5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
5.5.2 COMPONENT MANUFACTURERS
5.5.3 RELAY MANUFACTURERS/ASSEMBLERS
5.5.4 DISTRIBUTORS
5.5.5 END-USERS
5.5.6 POST-SALES SERVICES
5.6 TECHNOLOGY ANALYSIS
5.6.1 REED SWITCH TECHNOLOGY
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE OF REED RELAYS
TABLE 4 AVERAGE SELLING PRICE OF REED RELAYS, 2021
TABLE 5 AVERAGE SELLING PRICE OF REED RELAYS OFFERED BY KEY PLAYERS, 2021
5.8 KEY CONFERENCES AND EVENTS, 2022–2024
TABLE 6 GLOBAL REED RELAY MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
5.9 TARIFF, CODES, AND REGULATIONS
5.9.1 TARIFF RELATED TO RELAYS
TABLE 7 IMPORT TARIFF FOR HS 853690 LOW-VOLTAGE PROTECTION EQUIPMENT, 2019
TABLE 8 IMPORT TARIFF FOR HS 8535 HIGH-VOLTAGE PROTECTION EQUIPMENT, 2019
5.10 TRADE ANALYSIS
5.10.1 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE EXCEEDING 1,000 V
5.10.2 IMPORT SCENARIO
TABLE 9 IMPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019–2021 (USD)
5.10.3 EXPORT SCENARIO
TABLE 10 EXPORT SCENARIO FOR HS CODE: 8535, BY COUNTRY, 2019–2021 (USD)
5.10.4 TRADE ANALYSIS RELATED TO ELECTRICAL APPARATUS FOR SWITCHING OR PROTECTING ELECTRICAL CIRCUITS WITH VOLTAGE NOT EXCEEDING 1,000 V
5.10.5 IMPORT SCENARIO
TABLE 11 IMPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD)
5.10.6 EXPORT SCENARIO
TABLE 12 EXPORT SCENARIO FOR HS CODE: 853690, BY COUNTRY, 2019–2021 (USD)
5.10.7 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.10.8 CODES AND REGULATIONS RELATED TO REED RELAYS
TABLE 17 REED RELAYS: CODES AND REGULATIONS
5.11 PATENT ANALYSIS
TABLE 18 REED RELAY: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2021–MAY 2022
5.12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS FOR REED RELAY MARKET
TABLE 19 REED RELAY MARKET: PORTER’S FIVE FORCES ANALYSIS
5.12.1 THREAT OF SUBSTITUTES
5.12.2 BARGAINING POWER OF SUPPLIERS
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 THREAT OF NEW ENTRANTS
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 20 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
5.14 BUYING CRITERIA
FIGURE 27 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 CASE STUDY ANALYSIS
5.15.1 RELIANCE UPGRADES TO MORE ROBUST RELAYS FOR CRITICAL APPLICATIONS
5.15.1.1 Problem statement
5.15.1.2 Solution
5.15.2 LITTELFUSE ARC-FLASH RELAY SAVES PLANT FROM CATASTROPHIC DAMAGE
5.15.2.1 Problem statement
5.15.2.2 Solution
6 REED RELAY MARKET, BY APPLICATION
6.1 INTRODUCTION
FIGURE 28 GLOBAL REED RELAY MARKET, BY APPLICATION, 2021
TABLE 22 GLOBAL REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
6.2 INDUSTRIAL
6.2.1 AUTOMATION IN INDUSTRIES LIKELY TO BOOST DEMAND
TABLE 23 INDUSTRIAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.3 HOUSEHOLD APPLIANCES
6.3.1 HIGH CONSUMER SPENDING TO DRIVE DEMAND FOR HOUSEHOLD APPLIANCES
TABLE 24 HOUSEHOLD APPLIANCES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.4 TEST AND MEASUREMENT
6.4.1 FAST ACTUATION TIME TO PROPEL ADOPTION IN TEST AND MEASUREMENT APPLICATIONS
TABLE 25 TEST AND MEASUREMENT: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.5 MINING
6.5.1 RELIABILITY AND SAFETY PROVISION TO ACCELERATE DEMAND
TABLE 26 MINING: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.6 AUTOMOTIVE
6.6.1 CAPABILITY TO SWITCH HIGH LOADS TO DRIVE MARKET GROWTH
6.6.2 EV
6.6.2.1 Battery management systems
6.6.2.2 Charging stations
6.6.3 CONVENTIONAL
TABLE 27 AUTOMOTIVE: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.7 MEDICAL
6.7.1 DEMAND FOR EFFICIENT OPERATIONS LIKELY TO BOOST DEMAND FOR REED RELAYS IN MEDICAL APPLICATIONS
TABLE 28 MEDICAL: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.8 RENEWABLES
6.8.1 HIGH ADOPTION OF RENEWABLE POWER TO DRIVE DEMAND
6.8.2 SOLAR
6.8.3 WIND
TABLE 29 RENEWABLES: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.9 CHARGING STATIONS
6.9.1 NEED FOR CHARGING STATIONS TO CATER TO GROWING EV MARKET TO BOOST DEMAND
TABLE 30 CHARGING STATIONS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
6.10 OTHERS
TABLE 31 OTHERS: GLOBAL REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
7 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE
7.1 INTRODUCTION
FIGURE 29 GLOBAL REED RELAY MARKET (VALUE), BY VOLTAGE RANGE, 2021
TABLE 32 GLOBAL REED RELAY MARKET, BY VOLTAGE RANGE, 2020–2030 (USD MILLION)
7.2 BELOW 200 V
7.2.1 INSTRUMENTATION AND TELECOMMUNICATION REQUIREMENTS TO DRIVE MARKET
7.3 200 V–500 V
7.3.1 HIGH-VOLTAGE SWITCHING ELEMENTS TO BOOST MARKET GROWTH
7.4 500 V–1 KV
7.4.1 EXCELLENT STABILITY OFFRED BY RELAYS IN THIS VOLTAGE RANGE TO ACCELERATE MARKET GROWTH
7.5 1 KV–7.5 KV
7.5.1 HIGH FREQUENCY AND EFFICIENT PERFORMANCE TO PROPEL MARKET GROWTH
7.6 7.5 KV–10 KV
7.6.1 SMALL FOOTPRINT FEATURE TO ENHANCE MARKET GROWTH
7.7 ABOVE 10 KV
7.7.1 HIGH-RELIABILITY APPLICATIONS TO DRIVE MARKET
8 REED RELAY MARKET, BY GEOGRAPHY
8.1 INTRODUCTION
FIGURE 30 GEOGRAPHICAL SNAPSHOT: CHINA TO WITNESS HIGHEST CAGR IN REED RELAY MARKET DURING FORECAST PERIOD
FIGURE 31 REED RELAY MARKET SHARE (VALUE), BY GEOGRAPHY, 2021
TABLE 33 REED RELAY MARKET, BY GEOGRAPHY, 2020–2030 (USD MILLION)
8.2 ASIA PACIFIC (EXCL. CHINA)
FIGURE 32 ASIA PACIFIC (EXCL. CHINA): MARKET SNAPSHOT
8.2.1 BY APPLICATION
TABLE 34 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 35 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 36 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2 BY COUNTRY
TABLE 37 ASIA PACIFIC (EXCL. CHINA): REED RELAY MARKET, BY COUNTRY 2020–2030 (USD MILLION)
8.2.2.1 India
8.2.2.1.1 Huge amount of electricity generation from renewables to drive market
TABLE 38 INDIA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 39 INDIA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 40 INDIA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2.2 Japan
8.2.2.2.1 Shift from nuclear power to thermal power, renewables, and hydropower to boost market
TABLE 41 JAPAN: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 42 JAPAN: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 43 JAPAN: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.2.2.3 Rest of Asia Pacific
TABLE 44 REST OF ASIA PACIFIC: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 45 REST OF ASIA PACIFIC: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 46 REST OF ASIA PACIFIC: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.3 CHINA
8.3.1 BY APPLICATION
TABLE 47 CHINA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 48 CHINA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 49 CHINA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4 EUROPE
FIGURE 33 EUROPE: MARKET SNAPSHOT
8.4.1 BY APPLICATION
TABLE 50 EUROPE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 51 EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 52 EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2 BY COUNTRY
TABLE 53 EUROPE: REED RELAY MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
8.4.2.1 UK
8.4.2.1.1 Increasing investments in electrical infrastructure to offer growth opportunities for reed relay market players
8.4.2.1.2 By application
TABLE 54 UK: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION
TABLE 55 UK: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 56 UK: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.2 Germany
8.4.2.2.1 Growing renewable energy capacity development to drive market
8.4.2.2.2 By application
TABLE 57 GERMANY: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 58 GERMANY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 59 GERMANY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.3 Poland
8.4.2.3.1 Rising investments in automotive sector to boost market growth
8.4.2.3.2 By application
TABLE 60 POLAND: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 61 POLAND: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 62 POLAND: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.4 France
8.4.2.4.1 Increasing investments in renewable energy to accelerate market growth
8.4.2.4.2 By application
TABLE 63 FRANCE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 64 FRANCE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 65 FRANCE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.5 Italy
8.4.2.5.1 Surging investments in industrial and manufacturing sectors to drive market
8.4.2.5.2 By application
TABLE 66 ITALY: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 67 ITALY: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 68 ITALY: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.4.2.6 Rest of Europe
8.4.2.6.1 By application
TABLE 69 REST OF EUROPE: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 70 REST OF EUROPE: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 71 REST OF EUROPE: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5 NORTH AMERICA
8.5.1 BY APPLICATION
TABLE 72 NORTH AMERICA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 73 NORTH AMERICA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 74 NORTH AMERICA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2 BY COUNTRY
TABLE 75 NORTH AMERICA: REED RELAY MARKET, BY COUNTRY, 2020–2030 (USD MILLION)
8.5.2.1 US
8.5.2.1.1 Increasing demand for primary energy production to propel market growth
8.5.2.1.2 By application
TABLE 76 US: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 77 US: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 78 US: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2.2 Canada
8.5.2.2.1 Growing investments in electricity utility upgrades to drive market
8.5.2.2.2 By application
TABLE 79 CANADA: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 80 CANADA: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 81 CANADA: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.5.2.3 Mexico
8.5.2.3.1 Rising demand for transmission and distribution networks to contribute to market growth
8.5.2.3.2 By application
TABLE 82 MEXICO: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 83 MEXICO: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 84 MEXICO: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
8.6 ROW
8.6.1 BY APPLICATION
TABLE 85 ROW: REED RELAY MARKET, BY APPLICATION, 2020–2030 (USD MILLION)
TABLE 86 ROW: REED RELAY MARKET, BY AUTOMOTIVE APPLICATION, 2020–2030 (USD MILLION)
TABLE 87 ROW: REED RELAY MARKET, BY RENEWABLES APPLICATION, 2020–2030 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES
TABLE 88 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, APRIL 2019–APRIL 2022
9.3 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
TABLE 89 REED RELAY MARKET: DEGREE OF COMPETITION
FIGURE 34 REED RELAY MARKET SHARE ANALYSIS,
9.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
FIGURE 35 TOP PLAYERS IN REED RELAY MARKET, 2017–2021
9.5 COMPANY EVALUATION QUADRANT
9.5.1 STARS
9.5.2 PERVASIVE PLAYERS
9.5.3 EMERGING LEADERS
9.5.4 PARTICIPANTS
FIGURE 36 COMPETITIVE LEADERSHIP MAPPING: REED RELAY MARKET, 2021
9.6 STARTUP/SME EVALUATION QUADRANT, 2021
9.6.1 PROGRESSIVE COMPANIES
9.6.2 RESPONSIVE COMPANIES
9.6.3 DYNAMIC COMPANIES
9.6.4 STARTING BLOCKS
FIGURE 37 REED RELAY MARKET: START-UP/SME EVALUATION QUADRANT, 2021
9.6.5 COMPETITIVE BENCHMARKING
TABLE 90 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 91 REED RELAY MARKET: DETAILED LIST OF KEY START-UPS/SMES
9.7 REED RELAY MARKET: COMPANY FOOTPRINT
TABLE 92 COMPANY FOOTPRINT: BY APPLICATION
TABLE 93 COMPANY FOOTPRINT: BY VOLTAGE RANGE
TABLE 94 BY REGION: COMPANY FOOTPRINT
TABLE 95 OVERALL COMPANY FOOTPRINT
9.8 COMPETITIVE SCENARIO
TABLE 96 REED RELAY MARKET: PRODUCT LAUNCHES, MAY 2019–FEBRUARY 2021
TABLE 97 REED RELAY MARKET: DEALS, SEPTEMBER 2022–JANUARY 2020
TABLE 98 REED RELAY MARKET: OTHER DEVELOPMENTS, AUGUST 2020–APRIL 2019
10 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1 KEY PLAYERS
10.1.1 ABB
TABLE 99 ABB: BUSINESS OVERVIEW
FIGURE 38 ABB: COMPANY SNAPSHOT (2021)
TABLE 100 ABB: PRODUCTS OFFERED
TABLE 101 ABB.: DEALS
TABLE 102 ABB: OTHERS
10.1.2 SCHNEIDER ELECTRIC
TABLE 103 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 39 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT (2021)
TABLE 104 SCHNEIDER ELECTRIC: PRODUCTS OFFERED
TABLE 105 SCHNEIDER ELECTRIC: OTHERS
10.1.3 SIEMENS
TABLE 106 SIEMENS: BUSINESS OVERVIEW
FIGURE 40 SIEMENS: COMPANY SNAPSHOT (2021)
TABLE 107 SIEMENS: PRODUCTS OFFERED
TABLE 108 SIEMENS: DEALS
10.1.4 STANDEX ELECTRONICS, INC.
TABLE 109 STANDEX INTERNATIONAL CORPORATION.: BUSINESS OVERVIEW
FIGURE 41 STANDEX ELECTRONICS, INC.: COMPANY SNAPSHOT (2021)
TABLE 110 STANDEX ELECTRONICS, INC.: PRODUCTS OFFERED
TABLE 111 STANDEX ELECTRONICS, INC..: DEALS
10.1.5 TE CONNECTIVITY
TABLE 112 TE CONNECTIVITY: BUSINESS OVERVIEW
FIGURE 42 TE CONNECTIVITY: COMPANY SNAPSHOT (2021)
TABLE 113 TE CONNECTIVITY: PRODUCTS OFFERED
TABLE 114 TE CONNECTIVITY: DEALS
TABLE 115 TE CONNECTIVITY: OTHERS
10.1.6 BRIGHT TOWARD INDUSTRIAL CO., LTD. (TOWARD RELAYS)
TABLE 116 TOWARD RELAYS: BUSINESS OVERVIEW
TABLE 117 TOWARD RELAYS: PRODUCTS OFFERED
10.1.7 PICKERING ELECTRONICS LTD
TABLE 118 PICKERING ELECTRONICS LTD: BUSINESS OVERVIEW
TABLE 119 PICKERING ELECTRONICS LTD: PRODUCTS OFFERED
TABLE 120 PICKERING ELECTRONICS LTD: PRODUCT LAUNCHES
TABLE 121 PICKERING ELECTRONICS LTD: DEALS
10.1.8 COTO TECHNOLOGY, INC.
TABLE 122 COTO TECHNOLOGY, INC.: BUSINESS OVERVIEW
TABLE 123 COTO TECHNOLOGY, INC.: PRODUCTS OFFERED
10.1.9 LITTELFUSE, INC.
TABLE 124 LITTELFUSE, INC.: BUSINESS OVERVIEW
FIGURE 43 LITTELFUSE, INC.: COMPANY SNAPSHOT (2021)
TABLE 125 LITTELFUSE, INC.: PRODUCTS OFFERED
TABLE 126 LITTELFUSE, INC.: PRODUCT LAUNCHES
TABLE 127 LITTELFUSE, INC.: DEALS
TABLE 128 LITTELFUSE, INC.: OTHERS
10.1.10 HVP HIGH VOLTAGE PRODUCTS GMBH
TABLE 129 HVP HIGH VOLTAGE PRODUCTS GMBH: BUSINESS OVERVIEW
TABLE 130 HVP HIGH VOLTAGE PRODUCTS GMBH: PRODUCTS OFFERED
10.1.11 CELDUC
TABLE 131 CELDUC: BUSINESS OVERVIEW
TABLE 132 CELDUC: PRODUCTS OFFERED
TABLE 133 CELDUC: OTHERS
10.1.12 SANYU ELECTRIC, INC.
TABLE 134 TABLE 4 SANYU ELECTRIC, INC.: BUSINESS OVERVIEW
TABLE 135 SANYU ELECTRIC, INC.: PRODUCTS OFFERED
10.1.13 COMUS
TABLE 136 COMUS: BUSINESS OVERVIEW
TABLE 137 COMUS: PRODUCTS OFFERED
10.1.14 AMERICAN RELAYS INC.
TABLE 138 AMERICAN RELAYS INC.: BUSINESS OVERVIEW
10.1.15 ALEPH
TABLE 139 ALEPH: BUSINESS OVERVIEW
TABLE 140 ALEPH: PRODUCTS OFFERED
10.1.16 COSMO ELECTRONICS
TABLE 141 COSMO ELECTRONICS: COMPANY OVERVIEW
TABLE 142 COSMO ELECTRONICS: OTHERS
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 APPENDIX
11.1 INSIGHTS OF INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
