Report Overview:
Reed relays are electromechanical switches that use an electromagnet to control one or more hermetically sealed reed switches. Unlike conventional relays, reed relays feature contacts made of magnetic material that are directly actuated by the electromagnet, eliminating the need for an armature mechanism. These components are encapsulated in glass tubes, providing superior corrosion resistance and long-term reliability. First developed in the 1930s, reed relays offer faster switching speeds and lower power consumption compared to armature-based alternatives, making them ideal for precision applications.
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.
Market Value:
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.
By Applications:
Automatic Test Equipment & Instrumentation
Medical
Telecommunication
EV Battery Management Systems
EV Charging Stations
By Types:
• Less Than 200V
• Less Than 500V
• Less Than 1kV
• Less Than 7.5kV
• Less Than 10kV
• More Than 10kV
Key players include:
• Standex Electronics (U.S.)
• Littelfuse (U.S.)
• Coto Technology (U.S.)
• Pickering Electronics (UK)
• TE Connectivity (Switzerland)
• Cynergy3 (Sensata) (UK)
• Schneider Electric (France)
• Comus International (U.S.)
