Outstanding Scope of Digital Relay Market is Estimated to Grow Incredible CAGR till 2025 | International Vendors - OMRON, Phoenix, Siemens, Schneider Electric, ABB, Panasonic

Overview of Global Digital Relay Market:

This report provides in-depth study of "Global Digital Relay Market 2020" using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Digital Relay Market report also provides an in-depth survey of key players in the market organization.

Some of the most important key factors driving the growth of the Global Digital Relay Market are increased renewable capacity addition, substation automation, replacement of older electromechanical relays with new and advanced microprocessor-based relays.

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Firstly, the report provides a basic overview of the Market including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major Market players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2020-2025 market shares for each company.

According to the geographic analysis, APAC is expected to be the largest Digital Relay Market during the forecast period. The growth of Digital Relay in APAC is due to increasing renewable energy capacity addition. Additionally, focus on substation automation under IEC 61850 standard and increased grid infrastructure activities are expected to drive the protective relay market in APAC during the forecast period.

In the end, the report makes some important proposals for a new project of Digital Relay Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Digital Relay market covering all important parameters.

Global Key Vendors:

1 Phoenix

2 Siemens

3 OMRON

4 Schneider Electric

5 ABB

6 HONFA

7 Panasonic

8 IDEC

9 MINGDA

10 CHNT and More...................

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Product Type Segmentation

1 Type I

2 Type II

Industry Segmentation

1 Electricity

2 Automation Control

Latest Technology Industry News:

OMRON Corporation (March 25, 2020) - Start supplying the industry's first simulation software innovating equipment development by integrating robots and control equipment- Improving production capacity and short-term introduction of equipment through prior digital verification - OMRON Corporation will be the first in the industry to provide "Sysmac Studio 3D simulations" from April that can integrate and verify the movements of robots and peripheral devices that make up the facilities. By utilizing OMRON's extensive knowledge and technology of control equipment including robots, OMRON has succeeded in developing software that can reproduce the entire facility digitally and verify the operation with the same accuracy as that of an actual machine. Through this "Sysmac Studio 3D simulations," we will innovate our customers' work efficiencies and their facilities' production capacity.

In recent years, in order to respond flexibly to the diversification of products and fluctuations in demand at manufacturing sites, manufacturing must be sophisticated, including rapid changes in production sites, shorter delivery times for equipment development by simultaneous start-up of production lines at multiple sites, and high-precision assembly. Meanwhile, there is a shortage of skilled engineers to realize these, and efforts are being made to facilitate facility design through advance verification using simulations.

However, since conventional simulators are dedicated software, they are expensive and require expertise. Furthermore, since a software differing from the controller controlling the facility is used for the simulation, it is difficult to match the simulation results with the actual machine operation. In addition, it has been difficult for robots which are increasingly being introduced as a solution to worker shortages to make high-precision simulations linked with peripheral equipment since dedicated controllers are needed for them.

OMRON is working to innovate a variety of manufacturing sites under the strategic concept "innovative-Automation" consisting of three innovations or "i's": "integrated (control evolution)," "intelligent (development of intelligence by ICT)," and "interactive (new harmonization between people and machines)." In the future, by enabling robots and peripheral devices to be controlled and simulated with a single controller, we will accelerate the "integrated (control evolution)" and "intelligent (development of intelligence by ICT)" at the manufacturing site, which will be the key to realizing "innovative-Automation" and will dramatically improve productivity at the manufacturing site.

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Major Points in Table of Contents:

Global Digital Relay Market Report 2020

1 Digital Relay Product Definition

2 Global Digital Relay Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Digital Relay Shipments

2.2 Global Manufacturer Digital Relay Business Revenue

2.3 Global Digital Relay Market Overview

3 Manufacturer Digital Relay Business Introduction

3.1 Phoenix Digital Relay Business Introduction

3.2 Siemens Digital Relay Business Introduction

3.3 OMRON Digital Relay Business Introduction

3.4 Schneider Electric Digital Relay Business Introduction

3.5 ABB Digital Relay Business Introduction

3.6 HONFA Digital Relay Business Introduction

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