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Relay-Global Market Insights and Sales Trends 2024

Relay-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1816448

No of Pages : 125

Synopsis
A relay is an electrically operated switch. It consists of a set of input terminals for a single or multiple control signals, and a set of operating contact terminals. The switch may have any number of contacts in multiple contact forms, such as make contacts, break contacts, or combinations thereof.
Relays are used where it is necessary to control a circuit by an independent low-power signal, or where several circuits must be controlled by one signal. Relays were first used in long-distance telegraph circuits as signal repeaters: they refresh the signal coming in from one circuit by transmitting it on another circuit. Relays were used extensively in telephone exchanges and early computers to perform logical operations.
The traditional form of a relay uses an electromagnet to close or open the contacts, but other operating principles have been invented, such as in solid-state relays which use semiconductor properties for control without relying on moving parts. Relays with calibrated operating characteristics and sometimes multiple operating coils are used to protect electrical circuits from overload or faults; in modern electric power systems these functions are performed by digital instruments still called protective relays.
The global Relay market size is expected to reach US$ 8688.4 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Relay in various end use industries. The expanding demands from the Industrial Control, Home Appliance, Telecommunication and Automobile, are propelling Relay market. Electromechanical Relay, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solid State Relay segment is estimated at % CAGR for the next seven-year period.
Global relay key players include Xiamen Hongfa Electroacoustic, Omron, TE Connectivity, Panasonic, Song Chuan Precision, etc. Global top 5 manufacturers hold a share about 43%.
Asia-Pacific is the largest market, with a share about 36%, followed by Europe and North America, both have a share about 52 percent.In terms of product, electromechanical relay is the largest segment, with a share over 58%. And in terms of application, the largest application is automobile, followed by home appliance.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Relay, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Relay market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Relay market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Relay sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Relay covered in this report include Xiamen Hongfa Electroacoustic, Omron, TE Connectivity, Panasonic, Song Chuan Precision, Fujitsu, Schneider Electric, Eaton and Sanyou Relays, etc.
The global Relay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Xiamen Hongfa Electroacoustic
Omron
TE Connectivity
Panasonic
Song Chuan Precision
Fujitsu
Schneider Electric
Eaton
Sanyou Relays
Finder
Honeywell
Rockwell Automation
Ningbo Forward Relay
Teledyne
CHINT
ABB
Fuji Electric
Zhejiang HKE
Hella
Guizhou Space Appliance
Coto Technology
Songle Electrical
Meder(Standex Electronics)
Radiall
Global Relay market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Relay market, Segment by Type:
Electromechanical Relay
Solid State Relay
Thermal Relay
Others
Global Relay market, by Application
Industrial Control
Home Appliance
Telecommunication
Automobile
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Relay manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Relay in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Relay Market Overview
1.1 Relay Product Overview
1.2 Relay Market Segment by Type
1.2.1 Electromechanical Relay
1.2.2 Solid State Relay
1.2.3 Thermal Relay
1.2.4 Others
1.3 Global Relay Market Size by Type
1.3.1 Global Relay Market Size Overview by Type (2018-2029)
1.3.2 Global Relay Historic Market Size Review by Type (2018-2023)
1.3.3 Global Relay Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Relay Sales Breakdown by Type (2018-2023)
1.4.2 Europe Relay Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Relay Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Relay Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Relay Sales Breakdown by Type (2018-2023)
2 Global Relay Market Competition by Company
2.1 Global Top Players by Relay Sales (2018-2023)
2.2 Global Top Players by Relay Revenue (2018-2023)
2.3 Global Top Players by Relay Price (2018-2023)
2.4 Global Top Manufacturers Relay Manufacturing Base Distribution, Sales Area, Product Type
2.5 Relay Market Competitive Situation and Trends
2.5.1 Relay Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Relay Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Relay as of 2022)
2.7 Date of Key Manufacturers Enter into Relay Market
2.8 Key Manufacturers Relay Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Relay Status and Outlook by Region
3.1 Global Relay Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Relay Historic Market Size by Region
3.2.1 Global Relay Sales in Volume by Region (2018-2023)
3.2.2 Global Relay Sales in Value by Region (2018-2023)
3.2.3 Global Relay Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Relay Forecasted Market Size by Region
3.3.1 Global Relay Sales in Volume by Region (2024-2029)
3.3.2 Global Relay Sales in Value by Region (2024-2029)
3.3.3 Global Relay Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Relay by Application
4.1 Relay Market Segment by Application
4.1.1 Industrial Control
4.1.2 Home Appliance
4.1.3 Telecommunication
4.1.4 Automobile
4.1.5 Others
4.2 Global Relay Market Size by Application
4.2.1 Global Relay Market Size Overview by Application (2018-2029)
4.2.2 Global Relay Historic Market Size Review by Application (2018-2023)
4.2.3 Global Relay Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Relay Sales Breakdown by Application (2018-2023)
4.3.2 Europe Relay Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Relay Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Relay Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Relay Sales Breakdown by Application (2018-2023)
5 North America Relay by Country
5.1 North America Relay Historic Market Size by Country
5.1.1 North America Relay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Relay Sales in Volume by Country (2018-2023)
5.1.3 North America Relay Sales in Value by Country (2018-2023)
5.2 North America Relay Forecasted Market Size by Country
5.2.1 North America Relay Sales in Volume by Country (2024-2029)
5.2.2 North America Relay Sales in Value by Country (2024-2029)
6 Europe Relay by Country
6.1 Europe Relay Historic Market Size by Country
6.1.1 Europe Relay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Relay Sales in Volume by Country (2018-2023)
6.1.3 Europe Relay Sales in Value by Country (2018-2023)
6.2 Europe Relay Forecasted Market Size by Country
6.2.1 Europe Relay Sales in Volume by Country (2024-2029)
6.2.2 Europe Relay Sales in Value by Country (2024-2029)
7 Asia-Pacific Relay by Region
7.1 Asia-Pacific Relay Historic Market Size by Region
7.1.1 Asia-Pacific Relay Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Relay Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Relay Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Relay Forecasted Market Size by Region
7.2.1 Asia-Pacific Relay Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Relay Sales in Value by Region (2024-2029)
8 Latin America Relay by Country
8.1 Latin America Relay Historic Market Size by Country
8.1.1 Latin America Relay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Relay Sales in Volume by Country (2018-2023)
8.1.3 Latin America Relay Sales in Value by Country (2018-2023)
8.2 Latin America Relay Forecasted Market Size by Country
8.2.1 Latin America Relay Sales in Volume by Country (2024-2029)
8.2.2 Latin America Relay Sales in Value by Country (2024-2029)
9 Middle East and Africa Relay by Country
9.1 Middle East and Africa Relay Historic Market Size by Country
9.1.1 Middle East and Africa Relay Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Relay Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Relay Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Relay Forecasted Market Size by Country
9.2.1 Middle East and Africa Relay Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Relay Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Xiamen Hongfa Electroacoustic
10.1.1 Xiamen Hongfa Electroacoustic Company Information
10.1.2 Xiamen Hongfa Electroacoustic Introduction and Business Overview
10.1.3 Xiamen Hongfa Electroacoustic Relay Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Xiamen Hongfa Electroacoustic Relay Products Offered
10.1.5 Xiamen Hongfa Electroacoustic Recent Development
10.2 Omron
10.2.1 Omron Company Information
10.2.2 Omron Introduction and Business Overview
10.2.3 Omron Relay Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Omron Relay Products Offered
10.2.5 Omron Recent Development
10.3 TE Connectivity
10.3.1 TE Connectivity Company Information
10.3.2 TE Connectivity Introduction and Business Overview
10.3.3 TE Connectivity Relay Sales, Revenue and Gross Margin (2018-2023)
10.3.4 TE Connectivity Relay Products Offered
10.3.5 TE Connectivity Recent Development
10.4 Panasonic
10.4.1 Panasonic Company Information
10.4.2 Panasonic Introduction and Business Overview
10.4.3 Panasonic Relay Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Panasonic Relay Products Offered
10.4.5 Panasonic Recent Development
10.5 Song Chuan Precision
10.5.1 Song Chuan Precision Company Information
10.5.2 Song Chuan Precision Introduction and Business Overview
10.5.3 Song Chuan Precision Relay Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Song Chuan Precision Relay Products Offered
10.5.5 Song Chuan Precision Recent Development
10.6 Fujitsu
10.6.1 Fujitsu Company Information
10.6.2 Fujitsu Introduction and Business Overview
10.6.3 Fujitsu Relay Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fujitsu Relay Products Offered
10.6.5 Fujitsu Recent Development
10.7 Schneider Electric
10.7.1 Schneider Electric Company Information
10.7.2 Schneider Electric Introduction and Business Overview
10.7.3 Schneider Electric Relay Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Schneider Electric Relay Products Offered
10.7.5 Schneider Electric Recent Development
10.8 Eaton
10.8.1 Eaton Company Information
10.8.2 Eaton Introduction and Business Overview
10.8.3 Eaton Relay Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Eaton Relay Products Offered
10.8.5 Eaton Recent Development
10.9 Sanyou Relays
10.9.1 Sanyou Relays Company Information
10.9.2 Sanyou Relays Introduction and Business Overview
10.9.3 Sanyou Relays Relay Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sanyou Relays Relay Products Offered
10.9.5 Sanyou Relays Recent Development
10.10 Finder
10.10.1 Finder Company Information
10.10.2 Finder Introduction and Business Overview
10.10.3 Finder Relay Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Finder Relay Products Offered
10.10.5 Finder Recent Development
10.11 Honeywell
10.11.1 Honeywell Company Information
10.11.2 Honeywell Introduction and Business Overview
10.11.3 Honeywell Relay Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Honeywell Relay Products Offered
10.11.5 Honeywell Recent Development
10.12 Rockwell Automation
10.12.1 Rockwell Automation Company Information
10.12.2 Rockwell Automation Introduction and Business Overview
10.12.3 Rockwell Automation Relay Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Rockwell Automation Relay Products Offered
10.12.5 Rockwell Automation Recent Development
10.13 Ningbo Forward Relay
10.13.1 Ningbo Forward Relay Company Information
10.13.2 Ningbo Forward Relay Introduction and Business Overview
10.13.3 Ningbo Forward Relay Relay Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Ningbo Forward Relay Relay Products Offered
10.13.5 Ningbo Forward Relay Recent Development
10.14 Teledyne
10.14.1 Teledyne Company Information
10.14.2 Teledyne Introduction and Business Overview
10.14.3 Teledyne Relay Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Teledyne Relay Products Offered
10.14.5 Teledyne Recent Development
10.15 CHINT
10.15.1 CHINT Company Information
10.15.2 CHINT Introduction and Business Overview
10.15.3 CHINT Relay Sales, Revenue and Gross Margin (2018-2023)
10.15.4 CHINT Relay Products Offered
10.15.5 CHINT Recent Development
10.16 ABB
10.16.1 ABB Company Information
10.16.2 ABB Introduction and Business Overview
10.16.3 ABB Relay Sales, Revenue and Gross Margin (2018-2023)
10.16.4 ABB Relay Products Offered
10.16.5 ABB Recent Development
10.17 Fuji Electric
10.17.1 Fuji Electric Company Information
10.17.2 Fuji Electric Introduction and Business Overview
10.17.3 Fuji Electric Relay Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Fuji Electric Relay Products Offered
10.17.5 Fuji Electric Recent Development
10.18 Zhejiang HKE
10.18.1 Zhejiang HKE Company Information
10.18.2 Zhejiang HKE Introduction and Business Overview
10.18.3 Zhejiang HKE Relay Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Zhejiang HKE Relay Products Offered
10.18.5 Zhejiang HKE Recent Development
10.19 Hella
10.19.1 Hella Company Information
10.19.2 Hella Introduction and Business Overview
10.19.3 Hella Relay Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Hella Relay Products Offered
10.19.5 Hella Recent Development
10.20 Guizhou Space Appliance
10.20.1 Guizhou Space Appliance Company Information
10.20.2 Guizhou Space Appliance Introduction and Business Overview
10.20.3 Guizhou Space Appliance Relay Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Guizhou Space Appliance Relay Products Offered
10.20.5 Guizhou Space Appliance Recent Development
10.21 Coto Technology
10.21.1 Coto Technology Company Information
10.21.2 Coto Technology Introduction and Business Overview
10.21.3 Coto Technology Relay Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Coto Technology Relay Products Offered
10.21.5 Coto Technology Recent Development
10.22 Songle Electrical
10.22.1 Songle Electrical Company Information
10.22.2 Songle Electrical Introduction and Business Overview
10.22.3 Songle Electrical Relay Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Songle Electrical Relay Products Offered
10.22.5 Songle Electrical Recent Development
10.23 Meder(Standex Electronics)
10.23.1 Meder(Standex Electronics) Company Information
10.23.2 Meder(Standex Electronics) Introduction and Business Overview
10.23.3 Meder(Standex Electronics) Relay Sales, Revenue and Gross Margin (2018-2023)
10.23.4 Meder(Standex Electronics) Relay Products Offered
10.23.5 Meder(Standex Electronics) Recent Development
10.24 Radiall
10.24.1 Radiall Company Information
10.24.2 Radiall Introduction and Business Overview
10.24.3 Radiall Relay Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Radiall Relay Products Offered
10.24.5 Radiall Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Relay Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Relay Industrial Chain Analysis
11.4 Relay Market Dynamics
11.4.1 Relay Industry Trends
11.4.2 Relay Market Drivers
11.4.3 Relay Market Challenges
11.4.4 Relay Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Relay Distributors
12.3 Relay Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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