Electromechanical Relay - Global Market Outlook (2017-2026)

SKU ID : SMRC- 13819721

Publishing Date : 19-Jul-2019

No. of pages : 185

PRICE
4190
7540

  • According to report, the Global Electromechanical Relay Market is accounted for $6.80 billion in 2017 and is expected to reach $11.58 billion by 2026 growing at a CAGR of 6.1% during the forecast. The factors driving the market growth are rising demand for consumer electronic products and high growth in the emerging economies. However, emergence of solid-state relay is restraining the market.

    Electromechanical relay is a switch used to control high power devices. It controls the electric circuit by opening or closing the contacts of that circuit. The electromechanical relay is widely used in kitchen electronic appliances that need to be switched ON/OFF. These relays can work on both AC and DC supply sources.

    By Type, the heavy duty and high voltage relays segment is driven by machine control, control starters and other components which are made of durable and long-lasting materials. Based on the geography, Asia Pacific is having a huge demand due to increasing its uses in industry and commercial sector for power system protection and government subsidies for power protection.

    Some of the key players in the Electromechanical Relay market are ABB Ltd., Ashida Electronics Pvt. Ltd., DARE Electronics, Inc., Eaton Corporation, Fujitsu, General Electric, Honeywell International, Leone Systems, Omron Corporation, Panasonic, Rockwell Automation, Schneider Electric, Siemens, TE Connectivity and Teledyne Relays.

    Types Covered:
    • Aerospace/MIL-SPEC Relays
    • Contactor
    • General Purpose Relay
    • Heavy Duty and High Voltage Relays
    • Power Relay
    • Reed Relays
    • Time-Delay Relay
    • Other Types

    Product Types Covered:
    • Cost structures
    • Manufacturing processes
    • Raw materials

    Applications Covered:
    • Factory Automation
    • Heating, ventilation, and air conditioning
    • Motor Controls
    • Railways routing and signaling
    • Temperature Controllers
    • Wireless technology
    • Other Applications

    End Users Covered:
    • Aerospace
    • Automotive
    • Communication and Technology
    • Consumer Electronics
    • Industrial Automation
    • Other End Users

    Regions Covered:
    • North America
    o US
    o Canada
    o Mexico
    • Europe
    o Germany
    o UK
    o Italy
    o France
    o Spain
    o Rest of Europe
    • Asia Pacific
    o Japan
    o China
    o India
    o Australia
    o New Zealand
    o South Korea
    o Rest of Asia Pacific
    • South America
    o Argentina
    o Brazil
    o Chile
    o Rest of South America
    • Middle East & Africa
    o Saudi Arabia
    o UAE
    o Qatar
    o South Africa
    o Rest of Middle East & Africa

    What our report offers:
    - Market share assessments for the regional and country level segments
    - Market share analysis of the top industry players
    - Strategic recommendations for the new entrants
    - Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
    - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
    - Strategic recommendations in key business segments based on the market estimations
    - Competitive landscaping mapping the key common trends
    - Company profiling with detailed strategies, financials, and recent developments
    - Supply chain trends mapping the latest technological advancements

    Free Customization Offerings:
    All the customers of this report will be entitled to receive one of the following free customization options:
    • Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
    • Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
    • Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports