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Market growth is being driven by increasing demand from key sectors including automatic test equipment, medical devices, and electric vehicle systems. The AsiaPacific region currently dominates the market with a 49% share, followed by Europe and North America. Within product segments, relays with switching voltages below 500V account for approximately 32% of total sales. Industry leaders such as Standex Electronics, Littelfuse, and Coto Technology continue to innovate, particularly for emerging applications in EV battery management systems and charging infrastructure.
The global Reed Relay market size was valued at USD 222 million in 2024. The market is projected to grow from USD 231 million in 2025 to USD 291 million by 2032, exhibiting a CAGR of 4.0% during the forecast period.
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• Less Than 200V
• Less Than 500V
• Less Than 1kV
• Less Than 7.5kV
• Less Than 10kV
• More Than 10kV
• Cargill, Incorporated (U.S.)
• ADM (U.S.)
• Roquette Frères (France)
• Ingredion Incorporated (U.S.)
• Avebe (Netherlands)
• Tate & Lyle (U.K.)
• Emsland Group (Germany)
• Sanwa Starch Co., Ltd. (Japan)