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.
Scope of the Report:
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.
The worldwide market for Relay is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 7450 million US$ in 2024, from 5880 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Relay in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electromagnetic
SSR & Power Module
Combined Relay
Others
Market Segment by Applications, can be divided into
Automotive
Industrial
Communications
Household Appliance
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Relay product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Relay, with price, sales, revenue and global market share of Relay in 2017 and 2018.
Chapter 3, the Relay competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Relay breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Relay market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Relay sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Relay . Industry analysis & Market Report on Relay is a syndicated market report, published as Global Relay Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Relay market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.