Reed Sensors Market Size Is Set to Exceed USD 2 Billion by 2024: Top Key Players Are Littelfuse, Standex-Meder Electronics and YASKAWA Europe
Reed Sensor Market is projected to exceed USD 2 billion by 2024 owing to the upsurge in electric vehicles. Automotive giants such as Ford, BMW, Daimler are investing in electric vehicle charging infrastructure and have announced their plans to develop over 400 charging sites across Europe. These components enable safe and efficient charging of electric vehicles. Also, they continually check the correct position of the connector into the port and interrupt the power supply should the need arise to avoid...
View full press release