Global Relay Market Growth 2019-2024
Table of Contents
2019-2024 Global Relay Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Relay Consumption 2014-2024
- 2.1.2 Relay Consumption CAGR by Region
- 2.2 Relay Segment by Type
- 2.2.1 Electromagnetic
- 2.2.2 SSR & Power Module
- 2.2.3 Combined Relay
- 2.2.4 Others
- 2.3 Relay Consumption by Type
- 2.3.1 Global Relay Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Relay Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Relay Sale Price by Type (2014-2019)
- 2.4 Relay Segment by Application
- 2.4.1 Automotive
- 2.4.2 Industrial
- 2.4.3 Communications
- 2.4.4 Household Appliance
- 2.4.5 Others
- 2.5 Relay Consumption by Application
- 2.5.1 Global Relay Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Relay Value and Market Share by Application (2014-2019)
- 2.5.3 Global Relay Sale Price by Application (2014-2019)
3 Global Relay by Players
- 3.1 Global Relay Sales Market Share by Players
- 3.1.1 Global Relay Sales by Players (2017-2019)
- 3.1.2 Global Relay Sales Market Share by Players (2017-2019)
- 3.2 Global Relay Revenue Market Share by Players
- 3.2.1 Global Relay Revenue by Players (2017-2019)
- 3.2.2 Global Relay Revenue Market Share by Players (2017-2019)
- 3.3 Global Relay Sale Price by Players
- 3.4 Global Relay Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Relay Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Relay Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Relay by Regions
- 4.1 Relay by Regions
- 4.1.1 Global Relay Consumption by Regions
- 4.1.2 Global Relay Value by Regions
- 4.2 Americas Relay Consumption Growth
- 4.3 APAC Relay Consumption Growth
- 4.4 Europe Relay Consumption Growth
- 4.5 Middle East & Africa Relay Consumption Growth
5 Americas
- 5.1 Americas Relay Consumption by Countries
- 5.1.1 Americas Relay Consumption by Countries (2014-2019)
- 5.1.2 Americas Relay Value by Countries (2014-2019)
- 5.2 Americas Relay Consumption by Type
- 5.3 Americas Relay Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Relay Consumption by Countries
- 6.1.1 APAC Relay Consumption by Countries (2014-2019)
- 6.1.2 APAC Relay Value by Countries (2014-2019)
- 6.2 APAC Relay Consumption by Type
- 6.3 APAC Relay Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Relay by Countries
- 7.1.1 Europe Relay Consumption by Countries (2014-2019)
- 7.1.2 Europe Relay Value by Countries (2014-2019)
- 7.2 Europe Relay Consumption by Type
- 7.3 Europe Relay Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Relay by Countries
- 8.1.1 Middle East & Africa Relay Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Relay Value by Countries (2014-2019)
- 8.2 Middle East & Africa Relay Consumption by Type
- 8.3 Middle East & Africa Relay Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Relay Distributors
- 10.3 Relay Customer
11 Global Relay Market Forecast
- 11.1 Global Relay Consumption Forecast (2019-2024)
- 11.2 Global Relay Forecast by Regions
- 11.2.1 Global Relay Forecast by Regions (2019-2024)
- 11.2.2 Global Relay Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Relay Forecast by Type
- 11.8 Global Relay Forecast by Application
12 Key Players Analysis
- 12.1 Omron
- 12.1.1 Company Details
- 12.1.2 Relay Product Offered
- 12.1.3 Omron Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Omron News
- 12.2 TE Connectivity
- 12.2.1 Company Details
- 12.2.2 Relay Product Offered
- 12.2.3 TE Connectivity Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 TE Connectivity News
- 12.3 Panasonic
- 12.3.1 Company Details
- 12.3.2 Relay Product Offered
- 12.3.3 Panasonic Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Panasonic News
- 12.4 Fujitsu
- 12.4.1 Company Details
- 12.4.2 Relay Product Offered
- 12.4.3 Fujitsu Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Fujitsu News
- 12.5 Teledyne
- 12.5.1 Company Details
- 12.5.2 Relay Product Offered
- 12.5.3 Teledyne Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Teledyne News
- 12.6 ABB
- 12.6.1 Company Details
- 12.6.2 Relay Product Offered
- 12.6.3 ABB Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 ABB News
- 12.7 Schneider Electric
- 12.7.1 Company Details
- 12.7.2 Relay Product Offered
- 12.7.3 Schneider Electric Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Schneider Electric News
- 12.8 Eaton
- 12.8.1 Company Details
- 12.8.2 Relay Product Offered
- 12.8.3 Eaton Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Eaton News
- 12.9 Honeywell
- 12.9.1 Company Details
- 12.9.2 Relay Product Offered
- 12.9.3 Honeywell Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Honeywell News
- 12.10 Fuji Electric
- 12.10.1 Company Details
- 12.10.2 Relay Product Offered
- 12.10.3 Fuji Electric Relay Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Fuji Electric News
- 12.11 Sharp
- 12.12 Rockwell Automation
- 12.13 Finder
- 12.14 Hella
- 12.15 Hongfa
- 12.16 Song Chuan
- 12.17 Sanyou
- 12.18 Ningbo Forward
- 12.19 CHINT Electrics
- 12.20 Delixi
- 12.21 Hu Gong
- 12.22 Songle Relay
- 12.23 Tianyi Electrical
- 12.24 Qunli Electric
- 12.25 Ningbo Huike
13 Research Findings and Conclusion
A relay is an electrically operated switch. Many relays use an electromagnet to mechanically operate a switch, but other operating principles are also used, such as solid-state relays. Relays are used where it is necessary to control a circuit by a low-power signal (with complete electrical isolation between control and controlled circuits), or where several circuits must be controlled by one signal. The first relays were used in long distance telegraph circuits as amplifiers: they repeated the signal coming in from one circuit and re-transmitted it on another circuit. Relays were used extensively in telephone exchanges and early computers to perform logical operations.
In the coming years there is an increasing demand for Relay in the regions of North America and Europe that is expected to drive the market for more advanced Relay. Increasing of automotive, household appliance fields expenditures, More-intense competition, Launches in introducing new products, Retrofitting and renovation of old technology, Increasing adoption of Relay will drive growth in United States and Europe markets.
Globally, the Relay industry market is low concentrated as the manufacturing technology of Relay is relatively matures than some high-tech equipment. And some enterprises, like Omron, TE Connectivity, Panasonic, Hongfa, etc. are well-known for the wonderful performance of their Relay and related services. At the same time, China, occupied 52.68% revenue market share in 2016, is remarkable in the global Relay industry because of the lowest cost of raw material and labor.
The consumption volume of Relay is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Relay industry may not keep that fast. But it is surely forecasted that the market of Relay is still promising.
According to this study, over the next five years the Relay market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 7450 million by 2024, from US$ 5880 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Relay business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Relay market by product type, application, key manufacturers and key regions and countries.
This study considers the Relay value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electromagnetic
SSR & Power Module
Combined Relay
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Industrial
Communications
Household Appliance
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Omron
TE Connectivity
Panasonic
Fujitsu
Teledyne
ABB
Schneider Electric
Eaton
Honeywell
Fuji Electric
Sharp
Rockwell Automation
Finder
Hella
Hongfa
Song Chuan
Sanyou
Ningbo Forward
CHINT Electrics
Delixi
Hu Gong
Songle Relay
Tianyi Electrical
Qunli Electric
Ningbo Huike
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Relay consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Relay market by identifying its various subsegments.
Focuses on the key global Relay manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Relay with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Relay submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.