Global Reed Sensor Market: Key Drivers and Future Prospects 2024 to 2033 | Exactitude Consultancy [Yahoo! Finance]
Standex International Corporation (SXI)
Last standex international corporation earnings: 2/3 04:13 pm
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Source: Yahoo! Finance
Luton, Bedfordshire, United Kingdom, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Reed sensors are increasingly popular due to their simplicity, reliability, and low cost. These sensors also offer the advantage of zero power consumption, making them ideal for use in harsh environments. They are utilized across various sectors such as telecommunications, automotive, consumer electronics, safety and security, healthcare, construction, robotics, and automation. A major driver for market growth is the widespread adoption of reed sensors in low-power metering applications. These sensors are used in products like electricity and heat meters, where they track the rotation of a magnet attached to a shaft. The meter converts each rotation into an electrical signal. In 2023, the global market for smart meters (which includes gas, water, and electricity meters) was valued at approximately $25 billion and is projected to grow at a CAGR of around 8-10% by 2028. The low power consumption of reed sensors ma
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News
- STANDEX ACQUIRES CUSTOM BIOGENIC SYSTEMSPR Newswire
- Northern Edge Advisors Represents Amran and Narayan in $462 Million Sale to Standex [Yahoo! Finance]Yahoo! Finance
- Northern Edge Advisors Represents Amran and Narayan in $462 Million Sale to StandexBusiness Wire
- Standex International Co. (NYSE: SXI) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $220.00 price target on the stock.MarketBeat
- Standex International Co. (NYSE: SXI) had its price target raised by analysts at Benchmark Co. from $210.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
SXI
Earnings
- 10/29/24 - Beat
SXI
Sec Filings
- 11/22/24 - Form 4
- 11/20/24 - Form 144
- 11/12/24 - Form 4
- SXI's page on the SEC website