+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Industrial Relays Market 2023-2027

  • PDF Icon

    Report

  • 182 Pages
  • September 2023
  • Region: Global
  • TechNavio
  • ID: 5470955
1h Free Analyst Time

Emergence of Digitalization and Industry 4.0 is a Key Trend Gaining Market Momentum

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The global industrial relays market is forecasted to grow by USD 1.40 billion during 2022-2027, accelerating at a CAGR of 6.39% during the forecast period. The market is driven by the increasing adoption of programmable logic controllers (PLCs) in industries, enhanced reliability and durability of industrial relays, and the increasing importance of smart grid systems.

This report on the industrial relays market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

The global industrial relays market is segmented as below:

By Product

  • Electromechanical relays
  • Solid-state relays
  • Hybrid relays
  • Reed relays
  • General-purpose relays

By End-user

  • Process industries
  • Discrete industries

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the emergence of digitalization and Industry 4.0 as one of the prime reasons driving the industrial relays market growth during the next few years. Also, growing emphasis on energy efficiency and rising IoT integration will lead to sizable demand in the market.

The report on the industrial relays market covers the following areas:

  • Industrial relays market sizing
  • Industrial relays market forecast
  • Industrial relays market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial relays market vendors that include ABB Ltd., Broadcom Inc., Coto Technology, Eaton Corp. Plc, Electroswitch Power Switches and Relays, Fujitsu Ltd., General Electric Co., IMO Precision Controls Ltd., Littelfuse Inc., Nissin Electric Co. Ltd., OMRON Corp., Panasonic Holdings Corp., Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TE Connectivity Ltd., Teledyne Technologies Inc., WEG Equipamentos Eletricos S.A., and Standex International Corp.. Also, the industrial relays market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global industrial relays market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on global industrial relays market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 End-User Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - End-User Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
  • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
  • Exhibit 32: Chart on Comparison by Product
  • Exhibit 33: Data Table on Comparison by Product
6.3 Electromechanical relays - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Electromechanical relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Electromechanical relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Electromechanical relays - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Electromechanical relays - Year-over-year growth 2022-2027 (%)
6.4 Solid-state relays - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Solid-state relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Solid-state relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Solid-state relays - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Solid-state relays - Year-over-year growth 2022-2027 (%)
6.5 Hybrid relays - Market size and forecast 2022-2027
  • Exhibit 42: Chart on Hybrid relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 43: Data Table on Hybrid relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 44: Chart on Hybrid relays - Year-over-year growth 2022-2027 (%)
  • Exhibit 45: Data Table on Hybrid relays - Year-over-year growth 2022-2027 (%)
6.6 Reed relays - Market size and forecast 2022-2027
  • Exhibit 46: Chart on Reed relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 47: Data Table on Reed relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 48: Chart on Reed relays - Year-over-year growth 2022-2027 (%)
  • Exhibit 49: Data Table on Reed relays - Year-over-year growth 2022-2027 (%)
6.7 General-purpose relays - Market size and forecast 2022-2027
  • Exhibit 50: Chart on General-purpose relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 51: Data Table on General-purpose relays - Market size and forecast 2022-2027 ($ million)
  • Exhibit 52: Chart on General-purpose relays - Year-over-year growth 2022-2027 (%)
  • Exhibit 53: Data Table on General-purpose relays - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
  • Exhibit 54: Market opportunity by Product ($ million)
  • Exhibit 55: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
7.1 Market segments
  • Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
  • Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
  • Exhibit 58: Chart on Comparison by End-user
  • Exhibit 59: Data Table on Comparison by End-user
7.3 Process industries - Market size and forecast 2022-2027
  • Exhibit 60: Chart on Process industries - Market size and forecast 2022-2027 ($ million)
  • Exhibit 61: Data Table on Process industries - Market size and forecast 2022-2027 ($ million)
  • Exhibit 62: Chart on Process industries - Year-over-year growth 2022-2027 (%)
  • Exhibit 63: Data Table on Process industries - Year-over-year growth 2022-2027 (%)
7.4 Discrete industries - Market size and forecast 2022-2027
  • Exhibit 64: Chart on Discrete industries - Market size and forecast 2022-2027 ($ million)
  • Exhibit 65: Data Table on Discrete industries - Market size and forecast 2022-2027 ($ million)
  • Exhibit 66: Chart on Discrete industries - Year-over-year growth 2022-2027 (%)
  • Exhibit 67: Data Table on Discrete industries - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by End-user
  • Exhibit 68: Market opportunity by End-user ($ million)
  • Exhibit 69: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 73: Chart on Geographic comparison
  • Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
  • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
  • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
  • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
  • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
  • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
  • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Canada - Market size and forecast 2022-2027
  • Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
  • Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
  • Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
  • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
  • Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 115: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 119: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 121: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 122: Matrix on vendor position and classification
12.3 ABB Ltd.
  • Exhibit 123: ABB Ltd. - Overview
  • Exhibit 124: ABB Ltd. - Business segments
  • Exhibit 125: ABB Ltd. - Key offerings
  • Exhibit 126: ABB Ltd. - Segment focus
12.4 Broadcom Inc.
  • Exhibit 127: Broadcom Inc. - Overview
  • Exhibit 128: Broadcom Inc. - Business segments
  • Exhibit 129: Broadcom Inc. - Key news
  • Exhibit 130: Broadcom Inc. - Key offerings
  • Exhibit 131: Broadcom Inc. - Segment focus
12.5 Coto Technology
  • Exhibit 132: Coto Technology - Overview
  • Exhibit 133: Coto Technology - Product / Service
  • Exhibit 134: Coto Technology - Key offerings
12.6 Eaton Corp. Plc
  • Exhibit 135: Eaton Corp. Plc - Overview
  • Exhibit 136: Eaton Corp. Plc - Business segments
  • Exhibit 137: Eaton Corp. Plc - Key news
  • Exhibit 138: Eaton Corp. Plc - Key offerings
  • Exhibit 139: Eaton Corp. Plc - Segment focus
12.7 Fujitsu Ltd.
  • Exhibit 140: Fujitsu Ltd. - Overview
  • Exhibit 141: Fujitsu Ltd. - Business segments
  • Exhibit 142: Fujitsu Ltd. - Key news
  • Exhibit 143: Fujitsu Ltd. - Key offerings
  • Exhibit 144: Fujitsu Ltd. - Segment focus
12.8 General Electric Co.
  • Exhibit 145: General Electric Co. - Overview
  • Exhibit 146: General Electric Co. - Business segments
  • Exhibit 147: General Electric Co. - Key news
  • Exhibit 148: General Electric Co. - Key offerings
  • Exhibit 149: General Electric Co. - Segment focus
12.9 IMO Precision Controls Ltd.
  • Exhibit 150: IMO Precision Controls Ltd. - Overview
  • Exhibit 151: IMO Precision Controls Ltd. - Product / Service
  • Exhibit 152: IMO Precision Controls Ltd. - Key offerings
12.10 Littelfuse Inc.
  • Exhibit 153: Littelfuse Inc. - Overview
  • Exhibit 154: Littelfuse Inc. - Business segments
  • Exhibit 155: Littelfuse Inc. - Key offerings
  • Exhibit 156: Littelfuse Inc. - Segment focus
12.11 Nissin Electric Co. Ltd.
  • Exhibit 157: Nissin Electric Co. Ltd. - Overview
  • Exhibit 158: Nissin Electric Co. Ltd. - Business segments
  • Exhibit 159: Nissin Electric Co. Ltd. - Key offerings
  • Exhibit 160: Nissin Electric Co. Ltd. - Segment focus
12.12 OMRON Corp.
  • Exhibit 161: OMRON Corp. - Overview
  • Exhibit 162: OMRON Corp. - Business segments
  • Exhibit 163: OMRON Corp. - Key news
  • Exhibit 164: OMRON Corp. - Key offerings
  • Exhibit 165: OMRON Corp. - Segment focus
12.13 Panasonic Holdings Corp.
  • Exhibit 166: Panasonic Holdings Corp. - Overview
  • Exhibit 167: Panasonic Holdings Corp. - Business segments
  • Exhibit 168: Panasonic Holdings Corp. - Key news
  • Exhibit 169: Panasonic Holdings Corp. - Key offerings
  • Exhibit 170: Panasonic Holdings Corp. - Segment focus
12.14 Rockwell Automation Inc.
  • Exhibit 171: Rockwell Automation Inc. - Overview
  • Exhibit 172: Rockwell Automation Inc. - Business segments
  • Exhibit 173: Rockwell Automation Inc. - Key news
  • Exhibit 174: Rockwell Automation Inc. - Key offerings
  • Exhibit 175: Rockwell Automation Inc. - Segment focus
12.15 Schneider Electric SE
  • Exhibit 176: Schneider Electric SE - Overview
  • Exhibit 177: Schneider Electric SE - Business segments
  • Exhibit 178: Schneider Electric SE - Key news
  • Exhibit 179: Schneider Electric SE - Key offerings
  • Exhibit 180: Schneider Electric SE - Segment focus
12.16 Siemens AG
  • Exhibit 181: Siemens AG - Overview
  • Exhibit 182: Siemens AG - Business segments
  • Exhibit 183: Siemens AG - Key news
  • Exhibit 184: Siemens AG - Key offerings
  • Exhibit 185: Siemens AG - Segment focus
12.17 TE Connectivity Ltd.
  • Exhibit 186: TE Connectivity Ltd. - Overview
  • Exhibit 187: TE Connectivity Ltd. - Business segments
  • Exhibit 188: TE Connectivity Ltd. - Key offerings
  • Exhibit 189: TE Connectivity Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 190: Inclusions checklist
  • Exhibit 191: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 192: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 193: Research methodology
  • Exhibit 194: Validation techniques employed for market sizing
  • Exhibit 195: Information sources
13.5 List of abbreviations
  • Exhibit 196: List of abbreviations
List of Exhibits
Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Global Market Characteristics
Exhibit 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 5: Executive Summary - Chart on Market Segmentation by Product
Exhibit 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 7: Executive Summary - Chart on Incremental Growth
Exhibit 8: Executive Summary - Data Table on Incremental Growth
Exhibit 9: Executive Summary - Chart on Vendor Market Positioning
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
Exhibit 12: Offerings of vendors included in the market definition
Exhibit 13: Market segments
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 18: Historic Market Size - Data Table on global industrial relays market 2017 - 2021 ($ million)
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
Exhibit 20: Historic Market Size - End-User Segment 2017 - 2021 ($ million)
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
Exhibit 34: Chart on Electromechanical relays - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Electromechanical relays - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Electromechanical relays - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Electromechanical relays - Year-over-year growth 2022-2027 (%)
Exhibit 38: Chart on Solid-state relays - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Solid-state relays - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Solid-state relays - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Solid-state relays - Year-over-year growth 2022-2027 (%)
Exhibit 42: Chart on Hybrid relays - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Hybrid relays - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Hybrid relays - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Hybrid relays - Year-over-year growth 2022-2027 (%)
Exhibit 46: Chart on Reed relays - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Reed relays - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Reed relays - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Reed relays - Year-over-year growth 2022-2027 (%)
Exhibit 50: Chart on General-purpose relays - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on General-purpose relays - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on General-purpose relays - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on General-purpose relays - Year-over-year growth 2022-2027 (%)
Exhibit 54: Market opportunity by Product ($ million)
Exhibit 55: Data Table on Market opportunity by Product ($ million)
Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
Exhibit 58: Chart on Comparison by End-user
Exhibit 59: Data Table on Comparison by End-user
Exhibit 60: Chart on Process industries - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Process industries - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Process industries - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Process industries - Year-over-year growth 2022-2027 (%)
Exhibit 64: Chart on Discrete industries - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Discrete industries - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Discrete industries - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Discrete industries - Year-over-year growth 2022-2027 (%)
Exhibit 68: Market opportunity by End-user ($ million)
Exhibit 69: Data Table on Market opportunity by End-user ($ million)
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
Exhibit 119: Overview on factors of disruption
Exhibit 120: Impact of key risks on business
Exhibit 121: Vendors covered
Exhibit 122: Matrix on vendor position and classification
Exhibit 123: ABB Ltd. - Overview
Exhibit 124: ABB Ltd. - Business segments
Exhibit 125: ABB Ltd. - Key offerings
Exhibit 126: ABB Ltd. - Segment focus
Exhibit 127: Broadcom Inc. - Overview
Exhibit 128: Broadcom Inc. - Business segments
Exhibit 129: Broadcom Inc. - Key news
Exhibit 130: Broadcom Inc. - Key offerings
Exhibit 131: Broadcom Inc. - Segment focus
Exhibit 132: Coto Technology - Overview
Exhibit 133: Coto Technology - Product / Service
Exhibit 134: Coto Technology - Key offerings
Exhibit 135: Eaton Corp. Plc - Overview
Exhibit 136: Eaton Corp. Plc - Business segments
Exhibit 137: Eaton Corp. Plc - Key news
Exhibit 138: Eaton Corp. Plc - Key offerings
Exhibit 139: Eaton Corp. Plc - Segment focus
Exhibit 140: Fujitsu Ltd. - Overview
Exhibit 141: Fujitsu Ltd. - Business segments
Exhibit 142: Fujitsu Ltd. - Key news
Exhibit 143: Fujitsu Ltd. - Key offerings
Exhibit 144: Fujitsu Ltd. - Segment focus
Exhibit 145: General Electric Co. - Overview
Exhibit 146: General Electric Co. - Business segments
Exhibit 147: General Electric Co. - Key news
Exhibit 148: General Electric Co. - Key offerings
Exhibit 149: General Electric Co. - Segment focus
Exhibit 150: IMO Precision Controls Ltd. - Overview
Exhibit 151: IMO Precision Controls Ltd. - Product / Service
Exhibit 152: IMO Precision Controls Ltd. - Key offerings
Exhibit 153: Littelfuse Inc. - Overview
Exhibit 154: Littelfuse Inc. - Business segments
Exhibit 155: Littelfuse Inc. - Key offerings
Exhibit 156: Littelfuse Inc. - Segment focus
Exhibit 157: Nissin Electric Co. Ltd. - Overview
Exhibit 158: Nissin Electric Co. Ltd. - Business segments
Exhibit 159: Nissin Electric Co. Ltd. - Key offerings
Exhibit 160: Nissin Electric Co. Ltd. - Segment focus
Exhibit 161: OMRON Corp. - Overview
Exhibit 162: OMRON Corp. - Business segments
Exhibit 163: OMRON Corp. - Key news
Exhibit 164: OMRON Corp. - Key offerings
Exhibit 165: OMRON Corp. - Segment focus
Exhibit 166: Panasonic Holdings Corp. - Overview
Exhibit 167: Panasonic Holdings Corp. - Business segments
Exhibit 168: Panasonic Holdings Corp. - Key news
Exhibit 169: Panasonic Holdings Corp. - Key offerings
Exhibit 170: Panasonic Holdings Corp. - Segment focus
Exhibit 171: Rockwell Automation Inc. - Overview
Exhibit 172: Rockwell Automation Inc. - Business segments
Exhibit 173: Rockwell Automation Inc. - Key news
Exhibit 174: Rockwell Automation Inc. - Key offerings
Exhibit 175: Rockwell Automation Inc. - Segment focus
Exhibit 176: Schneider Electric SE - Overview
Exhibit 177: Schneider Electric SE - Business segments
Exhibit 178: Schneider Electric SE - Key news
Exhibit 179: Schneider Electric SE - Key offerings
Exhibit 180: Schneider Electric SE - Segment focus
Exhibit 181: Siemens AG - Overview
Exhibit 182: Siemens AG - Business segments
Exhibit 183: Siemens AG - Key news
Exhibit 184: Siemens AG - Key offerings
Exhibit 185: Siemens AG - Segment focus
Exhibit 186: TE Connectivity Ltd. - Overview
Exhibit 187: TE Connectivity Ltd. - Business segments
Exhibit 188: TE Connectivity Ltd. - Key offerings
Exhibit 189: TE Connectivity Ltd. - Segment focus
Exhibit 190: Inclusions checklist
Exhibit 191: Exclusions checklist
Exhibit 192: Currency conversion rates for US$
Exhibit 193: Research methodology
Exhibit 194: Validation techniques employed for market sizing
Exhibit 195: Information sources
Exhibit 196: List of abbreviations

Executive Summary

The research team recognizes the following companies as the key players in the global industrial relays market: ABB Ltd., Broadcom Inc., Coto Technology, Eaton Corp. Plc, Electroswitch Power Switches and Relays, Fujitsu Ltd., General Electric Co., IMO Precision Controls Ltd., Littelfuse Inc., Nissin Electric Co. Ltd., OMRON Corp., Panasonic Holdings Corp., Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, TE Connectivity Ltd., Teledyne Technologies Inc., WEG Equipamentos Eletricos S.A., and Standex International Corp.

One of the report's analysts commented on the report, saying: 'The latest trend gaining momentum in the market is emergence of digitalization and Industry 4.0.'

According to the report, one of the major drivers for this market is the increasing adoption of programmable logic controllers (PLCs) in industries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Broadcom Inc.
  • Coto Technology
  • Eaton Corp. PLC
  • Electroswitch Power Switches and Relays
  • Fujitsu Ltd.
  • General Electric Co.
  • IMO Precision Controls Ltd.
  • Littelfuse Inc.
  • Nissin Electric Co. Ltd.
  • OMRON Corp.
  • Panasonic Holdings Corp.
  • Phoenix Contact GmbH and Co. KG
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • TE Connectivity Ltd.
  • Teledyne Technologies Inc.
  • WEG Equipamentos Eletricos SA
  • Standex International Corp.