Industry Overview - The reed relay, composed of a reed switch and coil, is a key electronic switching component in modern electrical control systems due to its compact size, rapid response, and high reliability [1][18] - The application of reed relays is expanding in automation control, industrial equipment, and information transmission, driven by China's economic growth and technological advancements [1][18] - The market size of China's reed relay industry is projected to grow from 1.899 billion yuan in 2021 to 2.519 billion yuan in 2024, with a compound annual growth rate (CAGR) of 9.87% [1][18] - By 2025, the market size is expected to reach 3.036 billion yuan, supported by technological innovation and expanding application areas [1][18] Market Demand and Trends - The acceleration of industrial automation, particularly in the new energy sector, smart grid construction, and the rapid development of IoT technology, is creating significant market demand for reed relays [1][18] - The industry is benefiting from national policies promoting energy conservation, emission reduction, and smart manufacturing, presenting new development opportunities [1][18] Industry Structure - The reed relay industry has a relatively complete supply chain, covering upstream raw material supply, midstream research and manufacturing, and downstream application markets [12] - Upstream materials include iron-nickel alloys, glass tubes, precious metals, excitation coils, epoxy resins, and inert gases [12] Key Companies - Major companies in the reed relay industry include Kunshan Guoli Electronics Technology Co., Ltd., Shenzhen Magtech Electronics Co., Ltd., Shanghai Meigaole Electronics Co., Ltd., and Shanghai Standex-Meder Electronics Co., Ltd. [20][21] - Kunshan Guoli Electronics is noted for its vacuum relay products, including reed relays designed for RF and high-power applications, with projected revenue of 778 million yuan in 2024, a 15.43% increase [22] - Shenzhen Magtech focuses on producing various electronic components, including small-sized reed relays and high-voltage relays [24] Future Development Trends - The industry is expected to enhance performance by optimizing reed materials and improving packaging processes to increase environmental resistance [26] - There is a growing demand for miniaturized reed relays driven by the rapid development of consumer electronics and IoT devices [28] - Low-power reed relays are increasingly sought after in green energy sectors, with innovations aimed at reducing energy consumption while maintaining high sensitivity [29]

Core Viewpoint - The dry reed relay industry in China is experiencing significant growth driven by increasing demand in automation control, industrial equipment, and information transmission, with a projected market size increase from 1.899 billion yuan in 2021 to 2.519 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 9.87% [1][18]. Industry Overview - Dry reed relays are electromagnetic switches composed of reed switches and coils, known for their compact size, rapid response, and high reliability, making them essential in modern electrical control systems [1][18]. - The industry has seen a shift from initial applications in telephone communication and household appliances to widespread use in automation control and industrial applications [9]. Market Demand and Growth - The acceleration of industrial automation, particularly in the new energy sector, smart grid construction, and the rapid development of IoT technologies, has created substantial market demand for dry reed relays [1][18]. - The market size for dry reed relays in China is expected to reach 3.036 billion yuan by 2025, driven by technological innovation and expanding application areas [1][18]. Key Companies in the Industry - Major companies in the dry reed relay sector include Guokai Electronics, Shenzhen Magtech Electronics, Shanghai Meigaole Electronics, and others, reflecting a diverse competitive landscape [20][21]. - Guokai Electronics is noted for its high-performance vacuum relays and dry reed relays, with projected revenue of 778 million yuan in 2024, a 15.43% increase year-on-year [22]. Industry Chain Structure - The dry reed relay industry chain includes upstream raw material suppliers (iron-nickel alloys, glass tubes, precious metals), midstream R&D and manufacturing, and downstream applications in various sectors such as safety systems, automation control, and automotive electronics [12][18]. Development Trends - The industry is expected to focus on high performance, miniaturization, and low power consumption in response to market demands, particularly in automotive electronics and IoT applications [26][28][29]. - Innovations in materials and manufacturing processes are anticipated to enhance the reliability and lifespan of dry reed relays, with mechanical lifespans reaching billions of operations [26][29].