Reed Sensors Switches Market in France by End-user and Application - Forecast and Analysis 2022-2026

Published: Mar 2022 Pages: 120 SKU: IRTNTR72708

The reed sensors switches market share in France is expected to increase by 876.24 thousand units from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.86%.

This reed sensors switches market in France research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers reed sensors switches market in France segmentation by end-user (electronics and communications, automotive, robotics and automation, security, and others) and application (temperature sensing, relay application, and others). The reed sensors switches market in France report also offers information on several market vendors, including CELDUC Groupe, IMI Norgren Herion Pvt. Ltd., Littelfuse Inc., Omega Fusibili Spa, PIC GmbH, Reed Switch Developments Corp., SENSATA TECHNOLOGIES HOLDING PLC, SMC Corp., Standex Electronics Inc., and TE Connectivity Ltd. among others.

What will the Reed Sensors Switches Market Size in France be During the Forecast Period?

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Reed Sensors Switches Market In France: Key Drivers, Trends, and Challenges

The reed sensor applications in the electronics industry is notably driving the reed sensors switches market growth in France, although factors such as technical constraints may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the reed sensors switches industry in France. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Reed Sensors Switches Market Driver in France

The reed sensor applications in the electronics industry is one of the key drivers supporting the reed sensors switches market growth in France. The use of reed sensors in appliances, such as air conditioners, coffee makers, laundry dryers, refrigerators, freezers, and microwave ovens, helps end-users use resources more efficiently. For instance, an air conditioner can accumulate up to 15 gallons (60 liters) of water in a day. They must be mounted on these appliances to prevent the overflow of water in the unit. These sensors can be mounted and positioned to detect the overflow of water accurately and alert users or turn on a water pump. Vendors such as Standex Electronics Inc. offer reed sensors that can be used in household appliances, including air conditioners, dishwashers, and coffee makers. Thus, the applications of reed sensors in a wide range of home appliances will positively impact the growth of the reed sensors switches market in France during the forecast period.

Key Reed Sensors Switches Market Trend in France

The increase in industrial automation is another factor supporting the reed sensors switches market growth in France. Significantly, the country aims to promote an industrial sector that combines automation of manufacturing, artificial intelligence, and connected objects within the span of five years. The primary aim of Industry 4.0 includes smart factories that are equipped with industrial robots, smart sensors, IoT, and other advanced technological features that will result in zero downtime and maximize efficiency. In industrial settings, reed sensors are used as proximity sensors, which enable the control of robotic motion, location, speed, and angle. They are deployed in hydraulic or pneumatic cylinders for end position sensing. Thus, the application of robots in industrial automation is expected to increase the demand for reed sensors, which, in turn, will drive the growth of the market during the forecast period

Key Reed Sensors Switches Market Challenge in France

Technical constraints is one of the factors hindering the reed sensors switches market growth in France. Reed sensor switches are prone to quality issues due to breakage, both in manufacturing and in shock and vibration applications. Also, size issues and reliability issues due to the bounce effect are some of the technical drawbacks which hinder the adoption of reed sensor switches and other sensor switches such as hall-effect technology. As improvements were made to Hall-effect technology, they started to replace reed switches in some battery-powered applications such as cell phones, laptops, consumer electronics, and white goods. This was driven by designers who continue to demand higher reliability and higher performance switching. Thus, the adoption of other sensor switches owing to technical constraints may negatively impact the growth of the market during the forecast period.

This reed sensors switches market in France analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the sensors switches market in France as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the reed sensors switches market in France during the forecast period.

Who are the Major Reed Sensors Switches Market Vendors in France?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • CELDUC Groupe
  • IMI Norgren Herion Pvt. Ltd.
  • Littelfuse Inc.
  • Omega Fusibili Spa
  • PIC GmbH
  • Reed Switch Developments Corp.
  • SENSATA TECHNOLOGIES HOLDING PLC
  • SMC Corp.
  • Standex Electronics Inc.
  • TE Connectivity Ltd.

 

This statistical study of the reed sensors switches market in France encompasses successful business strategies deployed by the key vendors. The reed sensors switches market in France is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • CELDUC Groupe is a privately held company that is headquartered in France. It is a global company and information regarding its financials is limited. Its revenue from the reed sensors switches market in France contributes to its overall revenues, along with its other offerings, but is not a key revenue stream for the company.
  • CELDUC Groupe - The company offers REED switch magnetic sensors using different technologies.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The reed sensors switches market in France forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Reed Sensors Switches Market in France Value Chain Analysis

Our report provides extensive information on the value chain analysis for the reed sensors switches market in France, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the industrial machinery market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Aftermarket and service
  • Industry innovations

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

What are the Revenue-generating End-user Segments in the Reed Sensors Switches Market in France?

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The reed sensors switches market share growth in France by the electronics and communications segment will be significant during the forecast period. Reed sensors switches are used in various applications such as gesture recognition devices. Also, the increased demand for energy-efficient devices is driving the adoption of reed sensor switches as they are inherently energy-saving devices. They do not require power for operation and can reliably switch extremely low current signal loads in the range of a few femto-amps. Even when the sensor is in an actuated state, the resistance across the contacts is so low in the order of a few milliohms that unnecessary battery drain is avoided. Thus, with the growing demand and manufacture of electronics devices and advancement in communication technologies, it is anticipated that the market in focus will grow positively during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the reed sensors switches market size in France and actionable market insights on post COVID-19 impact on each segment.

 

Reed Sensors Switches Market Scope in France 

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.86%

Market growth 2022-2026

876.24 th units

Market structure

Fragmented

YoY growth (%)

6.74

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

CELDUC Groupe, IMI Norgren Herion Pvt. Ltd., Littelfuse Inc., Omega Fusibili Spa, PIC GmbH, Reed Switch Developments Corp., SENSATA TECHNOLOGIES HOLDING PLC, SMC Corp., Standex Electronics Inc., and TE Connectivity Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Reed Sensors Switches Market in France Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive reed sensors switches market growth in France during the next five years
  • Precise estimation of the reed sensors switches market size in France and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the reed sensors switches industry in France 
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of reed sensors switches market vendors in France 

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***1. Executive Summary                           

                **1.1     Market Overview            

                                *Exhibit 01:  Key Finding 1

                                *Exhibit 02:  Key Finding 2

                                *Exhibit 03:  Key Finding 6

                                *Exhibit 04:  Key Finding 7

***2. Market Landscape

                **2.1 Market ecosystem             

                                *2.1.1 Parent Market

                                *Exhibit 05  Parent market

                                *Exhibit 06:  Market characteristics

                **2.2 Value Chain Analysis          

                                *Exhibit 07:  Value Chain Analysis: industrial machinery market

                                *2.2.1    Inputs

                                *2.2.2    Inbound logistics

                                *2.2.3    Operations

                                *2.2.4    Outbound logistics

                                *2.2.5    Marketing and sales

                                *2.2.6    Aftermarket and service

                                *2.2.7    Industry innovations

***3. Market Sizing                       

                **3.1 Market definition

                                *Exhibit 08:  Offerings of vendors included in the market definition

                **3.2 Market segment analysis 

                                *Exhibit 09:  Market segments

                **3.3 Market size 2021 

                **3.4 Market outlook: Forecast for 2021 - 2026 

                                *3.4.1Estimating growth rates for emerging and high-growth markets

                                *3.4.2Estimating growth rates for mature markets

                                *Exhibit 10:  Global - Market size and forecast 2021 - 2026($ thousand)

                                *Exhibit 11:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                          

                **4.1 Five Forces Summary        

                                *Exhibit 12:  Five forces analysis 2021 - 2026

                **4.2 Bargaining power of buyers           

                                *Exhibit 13: Bargaining power of the buyer

                **4.3 Bargaining power of suppliers       

                                *Exhibit 14: Bargaining power of the supplier

                **4.4 Threat of new entrants    

                                *Exhibit 15: Threat of new entrants

                **4.5 Threat of substitutes         

                                *Exhibit 16: Threat of substitutes

                **4.6 Threat of rivalry   

                                *Exhibit 17: Threat of rivalry

                **4.7 Market condition

                                *Exhibit 18: Market condition - Five forces 2021

***5. Market Segmentation by Application

                **5.1 Market segments

                                *Exhibit 19: Application- Market share 2021 - 2026 (%)

                **5.2 Comparison by Application             

                                *Exhibit 20:  Comparison by Application

                **5.3 Temperature sensing - Market size and forecast 2021-2026              

                                *Exhibit 21:  Temperature sensing - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 22:  Temperature sensing - Year-over-year growth 2021-2026 (%)

                **5.4 Relay application - Market size and forecast 2021-2026       

                                *Exhibit 23:  Relay application - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 24:  Relay application - Year-over-year growth 2021-2026 (%)

                **5.5 Others - Market size and forecast 2020-2025           

                                *Exhibit 25:  Others - Market size and forecast 2020-2025 ($ thousand)

                                *Exhibit 26:  Others - Year-over-year growth 2020-2025 (%)

                **5.6 Market opportunity by Application              

                                *Exhibit 27:  Market opportunity by Application

***6 Market Segmentation by End-user

                **6.1 Market segments

                                *Exhibit 28:  End-user Market share 2021-2026 (%)

                **6.2 Comparison by End-user  

                                *Exhibit 29:  Comparison by End-user

                **6.3     Electronics and communications - Market size and forecast 2021-2026    

                                *Exhibit 30:  Electronics and communications - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 31:  Electronics and communications - Year-over-year growth 2021-2026 (%)

                **6.4     Automotive - Market size and forecast 2021-2026             

                                *Exhibit 32:  Automotive - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 33:  Automotive - Year-over-year growth 2021-2026 (%)

                **6.5     Robotics and automation - Market size and forecast 2021-2026   

                                *Exhibit 34:  Robotics and automation - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 35:  Robotics and automation - Year-over-year growth 2021-2026 (%)

                **6.6     Security - Market size and forecast 2021-2026     

                                *Exhibit 36:  Security - Market size and forecast 2021-2026 ($ thousand)

                                *Exhibit 37:  Security - Year-over-year growth 2021-2026 (%)

                **6.7 Others - Market size and forecast 2020-2025           

                                *Exhibit 38:  Others - Market size and forecast 2020-2025 ($ thousand)

                                *Exhibit 39:  Others - Year-over-year growth 2020-2025 (%)

                **6.8 Market opportunity by End user   

                                *Exhibit 40:  Market opportunity by End user

***7. Customer landscape                         

                                *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                **7.1 Overview

                                *Exhibit 41:  Customer landscape

***8. Drivers, Challenges, and Trends                   

                **8.1 Market drivers     

                                *8.1.1    Reed sensor applications in the electronics industry

                                *8.1.2    Adoption in low-power metering applications

                                *8.1.3    Adoption of home monitoring and surveillance systems

                **8.2 Market challenges              

                                *8.2.1    Technical constraints

                                *8.2.2    Availability of Substitutes

                                *8.2.3    Slowdown in the global automotive industry

                                *Exhibit 42:  Impact of drivers and challenges

                **8.3 Market trends      

                                *8.3.1    Increase in industrial automation

                                *8.3.2    Improved cost-effectiveness of reed sensor switches

                                *8.3.3    Increasing deployment of reed sensors in medical and healthcare devices

***9. Vendor Landscape                             

                **9.1 Overview

                                *Exhibit 43:  Vendor landscape

                **9.2 Landscape disruption        

                                *Exhibit 44:  Landscape disruption

                                *Exhibit 45: Industry Risk

                **9.3 Competitive Landscape    

***10. Vendor Analysis               

                **10.1 Vendors covered              

                                *Exhibit 46: Vendors covered

                **10.2 Market positioning of vendors    

                                *Exhibit 47: ?Market positioning of vendors?

                **10.3  CELDUC Groupe

                                *Exhibit 48:  CELDUC Groupe - Overview

                                *Exhibit 49:  CELDUC Groupe - Product and service

                                *Exhibit 50:  CELDUC Groupe - Key offerings

                **10.4  IMI Norgren Herion Pvt. Ltd.       

                                *Exhibit 51:  IMI Norgren Herion Pvt. Ltd. - Overview

                                *Exhibit 52:  IMI Norgren Herion Pvt. Ltd. - Product and service

                                *Exhibit 53:  IMI Norgren Herion Pvt. Ltd. - Product and service

                **10.5  Littelfuse Inc.    

                                *Exhibit 54:  Littelfuse Inc. - Overview

                                *Exhibit 55:  Littelfuse Inc. - Business segments

                                *Exhibit 56:  Littelfuse Inc. - Key offering

                                *Exhibit 57:  Littelfuse Inc. - Segment focus

                **10.6  Omega Fusibili Spa         

                                *Exhibit 58:  Omega Fusibili Spa - Overview

                                *Exhibit 59:  Omega Fusibili Spa - Product and service

                                *Exhibit 60:  Omega Fusibili Spa - Key offerings

                **10.7  PIC GmbH           

                                *Exhibit 61:  PIC GmbH - Overview

                                *Exhibit 62:  PIC GmbH - Product and service

                                *Exhibit 63:  PIC GmbH - Key offerings

                **10.8  Reed Switch Developments Corp.            

                                *Exhibit 64:  Reed Switch Developments Corp. - Overview

                                *Exhibit 65:  Reed Switch Developments Corp. - Product and service

                                *Exhibit 66:  Reed Switch Developments Corp. - Key offerings

                **10.9  SENSATA TECHNOLOGIES HOLDING PLC

                                *Exhibit 67:  SENSATA TECHNOLOGIES HOLDING PLC - Overview

                                *Exhibit 68:  SENSATA TECHNOLOGIES HOLDING PLC - Business segments

                                *Exhibit 69:  SENSATA TECHNOLOGIES HOLDING PLC - Key offerings

                                *Exhibit 70:  SENSATA TECHNOLOGIES HOLDING PLC - Segment focus

                *10.10   SMC Corp.

                                *Exhibit 71:  SMC Corp. - Overview

                                *Exhibit 72:  SMC Corp. - Business segments

                                *Exhibit 73:  SMC Corp. - Key offerings

                **10.11                Standex Electronics Inc.

                                *Exhibit 74:  Standex Electronics Inc. - Overview

                                *Exhibit 75:  Standex Electronics Inc. - Product and service

                                *Exhibit 76:  Standex Electronics Inc. - Key offerings

                **10.12                TE Connectivity Ltd.       

                                *Exhibit 77:  TE Connectivity Ltd. - Overview

                                *Exhibit 78:  TE Connectivity Ltd. - Business segments

                                *Exhibit 79:  TE Connectivity Ltd. - Key offerings

                                *Exhibit 80:  TE Connectivity Ltd. - Segment focus

***11. Appendix                            

                **11.1 Scope of the report         

                                *11.1.1 ????Market definition

                                *11.1.2 ????Objectives

                                *11.1.3 ????Notes and caveats

                **11.2 Currency conversion rates for US$            

                                *Exhibit 81: ?Currency conversion rates for US$?

                **11.3 Research Methodology 

                                *Exhibit 82: ?Research Methodology

                                *Exhibit 83: ??Validation techniques employed for market sizing?

                                *Exhibit 84: ??Information sources

                **11.4 List of abbreviations        

                                *Exhibit 85: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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