Market Share of Reed Switches Sensors Industry
The automotive reed switches/sensors market is highly fragmented in nature, due to the presence of many regional players. However, some of the major players, like Continental AG, Standex International Corp., Littelfuse Inc., and PIC GmbH, captured significant shares in the market.
The reed switch manufacturers are currently focusing on making the existing switches smaller, better, and durable. These developments are expected to accelerate the demand for the aforementioned type of reed switches in the market.
Reed Switches/Sensors Market Leaders
Aleph America Corporation
Continental AG
Standex International Corp.
TE Connectivity Ltd
*Disclaimer: Major Players sorted in no particular order
