Press release
Industrial Relays 2018 Global Market Expected to Grow at CAGR 7.05 % and Forecast to 2022
Industrial Relays Market
About Industrial Relays
Industrial relays can be segmented into five product type categories, such as electromechanical relays, solid state relays, hybrid relays, reed relays, and general-purpose relays. Among these the electromechanical relays market segment accounted for the major share of the industrial relays market, in 2016. The mechanical build of these relays and the support from these relays over various applications from low-voltage to high voltage current, will contribute to the growth of the electromechanical relays market segment in the coming years. The industrial relays market has the presence of several vendors. The level of competition among the players in this market is based on the need to set up brand value and introduce new technologies. The manufacturers should comply with the regulatory standards and they have the need to introduce quality products and focus on innovations.
Technavio’s analysts forecast the global industrial relays market to grow at a CAGR of 7.05% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial relays market for 2018-2022. To calculate the market size, the report considers the revenue generated from the industrial relays.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Industrial Relays Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• General Electric
• OMRON
• Rockwell Automation
• Schneider Electric
• Siemens
Other prominent vendors
• Alstom
• Broadcom
• Coto Technology
• Crydom
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Market driver
• Growing importance of smart grid systems
• For a full, detailed list, view our report
Market trend
• Recent advances and personnel education in the field of relays
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
• Segmentation by product type
• Comparison by product type
• Electromechanical relays – Market size and forecast 2017-2022
• Solid state relays – Market size and forecast 2017-2022
• Hybrid relays – Market size and forecast 2017-2022
• Reed relays – Market size and forecast 2017-2022
• General purpose relays – Market size and forecast 2017-2022
• Market opportunity by product
PART 08: MARKET SEGMENTATION BY FEATURE
• Segmentation by feature
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
• Segmentation by end-user
• Comparison by end-user
• Process industries – Market size and forecast 2017-2022
• Discrete industries – Market size and forecast 2017-2022
• Market opportunity by end-user
PART 11: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• APAC – Market size and forecast 2017-2022
• EMEA – Market size and forecast 2017-2022
• Americas – Market size and forecast 2017-2022
• Market opportunity
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 14: MARKET TRENDS
• Recent advances and personnel education in the field of relays
• Innovations in the field of contacts used in switches and relays
• Substitute for electromechanical relays
PART 15: VENDOR LANDSCAPE
• Overview
• Landscape disruption
PART 16: VENDOR ANALYSIS
• Vendors covered
• Vendor classification
• Market positioning of vendors
• ABB
• General Electric
• OMRON
• Rockwell Automation
• Schneider Electric
• Siemens
Continued…….
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