Lucintel's latest market report analyzed that surface mount reed relay provides attractive opportunities in the telecommunication, automotive electronic, industrial automation, healthcare, and aerospace & defense markets. The surface mount reed relay market is expected to reach $4 billion by 2028 with a CAGR of 6.4%. In this market, 24 volt is the largest segment by coil voltage, whereas automotive electronics is largest by end use industry.
Based on coil voltage,
the surface mount reed relay market is segmented into 6 volt to 12 volt, 24
volt, and 3 volt to 5 volt. The 24 volt segment accounted for the largest share
of the market in 2023 and is expected to register the highest CAGR during the
forecast period, due to the rising demand for energy-efficient systems, and
increasing penetration of automation as well as expansion of the industrial
control systems market.
Browse in-depth TOC on
“Surface Mount Reed Relay Market”
100 – Figures/Tables
150 – Pages
The Surface Mount Reed
Relay Market is marked by the presence of several big and small players. Some
of the prominent players offering surface mount reed relay include Omron
Corporation, Yageo Corporation (KEMET Corporation), Sensata Technologies,
Standex International, Comus International, Hamilton Electronics, Misensor
Tech, Hasco Relays and Electronics International, Pickering Electronics , Reed
Relays and Electronic.
This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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