Press release
Global Industrial monitoring relays market to grow at a CAGR of 6.06% during the period 2018-2022
About Industrial Monitoring RelaysThe global industrial monitoring relays market is a key segment of the global industrial relays market. From a top-down perspective, Technavio has analyzed the global industrial relays market as the parent market to set the context in which the global industrial monitoring relays market will be analyzed. The need for protecting circuits and ensuring the safety of equipment in industries is expected to drive the growth of the global industrial relays market during the forecast period.
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Research analysts forecast the global industrial monitoring relays market to grow at a CAGR of 6.06% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial monitoring relays market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Industrial Monitoring 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.
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Key vendors
• ABB
• Eaton
• General Electric
• Rockwell Automation
• Schneider Electric
• Siemens
Other prominent vendors
• ALSTOM
• Banner Engineering
• BENDER
• Broyce Control
• Coto Technology
• Danfoss
• Electro-Sensors
• Finder
• Fuji Electric
• Fujitsu
• Macromatic Industrial Controls
• OMRON
• PHOENIX CONTACT
• Pilz
• Process control systems
• SEL
• Shenler
• TE Connectivity
• Texas Instruments
• WEG
Market driver
• Growing need for safe and reliable monitoring device for power equipment
• For a full, detailed list, view our report
Market trend
• Emergence of loT-based monitoring 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.
It is crucial for market players to take leaps strategically and update themselves with recent trends, opportunities, and emerging investment pockets. We, at “Research Beam”, adhere to these factors and offer a wide range of reports that are detailed and enable our clients to achieve their goals with long term planning coupled with competitive advantage.
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