Prof Research published a new market report on reed switch device. It presents the largest 11 manufacturers in the reed switch device market. The report is a professional and in-depth study on the current state of the global reed switch device market. The report provides key statistics on the market of the reed switch device. It is a valuable source of guidance and direction for companies and individuals interested in the reed switch device industry.

The global reed switch device market was valued to be 311.33 million USD in 2020. The reed switch device production value is anticipated to have a growth with the CAGR of 3.01% in the coming years to reach 372.05 million USD in 2026.

Standex Electronics is the largest manufacturer of reed switch device in the world, it has a market share of 41.07% in value. Standex Electronics is a worldwide market leader in the design, development and manufacture of standard reed switch-based sensor solutions and custom electro-magnetic components, including magnetics products.

Littelfuse is the second-largest manufacturer of reed switch device in the world, it has a market share of 17.65% in value. Littelfuse, Inc. is a global manufacturer of technologies in circuit protection, power control and sensing. The Company's product portfolio includes fuses, semiconductors, polymers, ceramics, relays and sensors. It conducts its business through three reportable segments: Electronics, Automotive, and Industrial

RMCIP is the third-largest manufacturer of reed switch device in the world, it has a market share of 9.04% in value. Established on September 19, 1963, Ryazan Metal Ceramics Instrumentation Plant JSC (RMCIP) is the only factory in Russia and CIS-countries, producing sealed magnetically operated contacts (reed switches).

Nippon Aleph is the fourth largest manufacturer of reed switch device in the world, it has a market share of 7.68% in value. Aleph is a specialized manufacturer of reed switches, reed relays, proximity sensors, liquid level sensors, photo sensors and other detection sensing devices, including; security equipment and information terminals.