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Reed Relay Market

Reed Relay Market

by Type (Reed Relay in Single-In-Line (SIL) Package, Reed Relay in Dual-In-Line (DIP) Package, Others) and by Application (Security Systems, Telecom Equipment, Process Control Systems, Automatic Test Equipment, Electronic Instrumentation): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A15862
Pages: NA
Jul 2023 | 1646 Views
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Pandemic disrupted the entire world and affected many industries.

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The reed relay market is expected to grow in the coming years. A reed relay is a type of relay that controls one or more reed switches with the help of an electromagnet. The contacts are made of magnetic material and the electromagnet moves them directly without the use of an armature. The contacts are shielded from corrosion by being enclosed in a long, narrow glass tube. Multiple reed switches can be inserted into a single bobbin and actuated at the same time. Reed switches have been manufactured since the 1930s. Reed relays switch faster than armature-based relays, since the moving parts are small and light, yet switch bounce still exists. They also use less power to operate and have lower contact capacitance. Their present handling capacity is restricted, but they can be used for "dry" switching applications with the right contact materials. They're mechanically simple, which means they last for long time. Because of their hermetic seal, short operating duration, lengthy life of 109 operations, and very constant contact performance, reed relays find new applications outside of the telephone business, such as in automatic test equipment and electrical instrumentation. Reed relays offer a wide range of uses in RF and microwave switching applications. They're also utilised in photomultiplier detectors and other extremely low current handling circuits because of their incredibly low leakage current (in the femtoamperes). Reed switches are still employed as high-voltage relays in place of more expensive Sulphur hexafluoride or vacuum relays, because they can sustain many kilovolts.

COVID-19 Impact Analysis

  • The COVID-19 pandemic impacted the reed relay market and caused a decline in the market growth.
  • The supply chain was hampered and the availability of raw material declined due to restriction on movement of material. This impacted the production activities of reed relay and caused a decline in market growth.
  • Industries were shut down due to the lockdown restriction to prevent the spread of virus. This hampered the market growth for reed relay during the pandemic period.
  • The economy of countries faced a slump due to the pandemic and no new investment and development were done in the reed relay market.
  • The demand for reed relay from the electronic instrumentation industries declined as the pandemic forced industries to initially shut down and when they resumed, the production did not run at optimum capacity.
  • The personal income of individuals declined due to the lockdown, which caused a change in the buying behavior of customers.
  • The lockdown upliftment and the increase in demand for the reed relay causes the market to grow once again. 

Top Impacting Factors

The reed relay market is driven by an increase in the use of reed relays for effective passive safety systems, as well as the increase in demand from end users for use in low-temperature environments and benefits of low operating power. The use of reed sensors in home appliances, HVAC, and smart metres is growing rapidly. The adoption of the Internet of Things, as well as the rise in urbanization and industrialization, have a beneficial impact on the reed relay market. The larger size of the reed relay, as well as quality difficulties and the reed relay's inability to switch more power, are factors that limit market expansion. Furthermore, the rise in demand for low-power reed switches provides attractive potential for reed switch manufacturers. The reed relay is undergoing R&D and the usage of reed sensors in developing technologies is expected to present growth opportunities for the market in the future.

Market Trends

  • On February 20, 2021, Littelfuse announced an enlarged reed relay product portfolio that includes AC voltage ratings, supports AC or DC loads up to 300 VDC, and has a 2,500 VRMS input/output isolation voltage. Single-in-line (SIL) and dual-in-line (DIL) packages are available for these small reed relays. Reed relays switch loads with a voltage separation of up to 2,500 V between the low-voltage control signal and the load circuit. Reed relays are hermetically sealed micro relays with full galvanic (zero leakage current) load disconnect that provide the high reliability required for switching AC/DC signals and loads in demanding environments.
  • On 13th July 2021, Teledyne Relays unveils four new reed relay families for high-reliability applications. New product families are designed for high-voltage, high-isolation, and increased EMI shielding applications. They all have an extraordinarily long life of up to 1 billion cycles, making them excellent for applications requiring high reliability. Teledyne's new products offer among of the quickest switching times, maximum vibration resistance, and widest working temperature ranges on the market. 
  • Pickering Electronics announced the development of a small high voltage relay for use in an ON Semiconductor-designed test rig. Due to its small size, high isolation resistance, hermetically sealed contacts, short operating time, and long-life expectancy, reed relays are often the optimum answer in switching systems for test and measurement applications. 

Key Benefits of Report

  • This study presents the analytical depiction of the reed relay market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the reed relay market share.
  • The current market is quantitatively analyzed to highlight the reed relay market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed reed relay market analysis based on competitive intensity and how the competition will take shape in the coming years.

Reed Relay Market Report Highlights

Aspects Details
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
By Type
  • Reed Relay in Single-In-Line (SIL) Package
  • Reed Relay in Dual-In-Line (DIP) Package
  • Others
By Application
  • Security Systems
  • Telecom Equipment
  • Process Control Systems
  • Automatic Test Equipment
  • Electronic Instrumentation
Key Market Players TE Connectivity Ltd., Standex Electronics, Littelfuse, DARE Electronics, Inc., Eaton Corporation, Coto Technology, Schneider Electric, Hitachi, Ltd., Amphenol FCI, ABB Ltd., General Electric, Siemens AG

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