Global Industrial Relays Market 2021-2025

The publisher has been monitoring the industrial relays market and it is poised to grow by $ 1.14 bn during 2021-2025, progressing at a CAGR of 6.87% during the forecast period. The 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of PLCs in industries and increasing number of solar projects globally.

The industrial relays market analysis includes product and end-user segments and geographic landscape.

The 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
South America
MEA

This study identifies the increasing importance of smart grid systems as one of the prime reasons driving the industrial relays market growth during the next few years.

The report on 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 Inc., FURUKAWA Co. Ltd., General Electric Co., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and TE Connectivity Ltd. 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 publisher 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 reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product
Electromechanical relays - Market size and forecast 2020-2025
Solid-state relays - Market size and forecast 2020-2025
Hybrid relays - Market size and forecast 2020-2025
Reed relays - Market size and forecast 2020-2025
General-purpose relays - Market size and forecast 2020-2025
Market opportunity by Product

Market Segmentation by End-user

Market segments
Comparison by End-user
Process industries - Market size and forecast 2020-2025
Discrete industries - Market size and forecast 2020-2025
Market opportunity by End-user

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity By Geographical Landscape
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
ABB Ltd.
Broadcom Inc.
Coto Technology Inc.
FURUKAWA Co. Ltd.
General Electric Co.
OMRON Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
TE Connectivity Ltd.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits

Key Finding 1
Key Finding 2
Key Finding 3
Key Finding 5
Key Finding 6
Key Finding 7
Key Finding 8
Key Finding 9
Parent market
Market characteristics
Offerings of vendors included in the market definition
Market segments
Global - Market size and forecast 2020 - 2025 ($ million)
Global market: Year-over-year growth 2020 - 2025 (%)
Five forces analysis 2020 & 2025
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition - Five forces 2020
Product - Market share 2020-2025 (%)
Comparison by Product
Electromechanical relays - Market size and forecast 2020-2025 ($ million)
Electromechanical relays - Year-over-year growth 2020-2025 (%)
Solid-state relays - Market size and forecast 2020-2025 ($ million)
Solid-state relays - Year-over-year growth 2020-2025 (%)
Hybrid relays - Market size and forecast 2020-2025 ($ million)
Hybrid relays - Year-over-year growth 2020-2025 (%)
Reed relays - Market size and forecast 2020-2025 ($ million)
Reed relays - Year-over-year growth 2020-2025 (%)
General-purpose relays - Market size and forecast 2020-2025 ($ million)
General-purpose relays - Year-over-year growth 2020-2025 (%)
Market opportunity by Product
End-user - Market share 2020-2025 (%)
Comparison by End-user
Process industries - Market size and forecast 2020-2025 ($ million)
Process industries - Year-over-year growth 2020-2025 (%)
Discrete industries - Market size and forecast 2020-2025 ($ million)
Discrete industries - Year-over-year growth 2020-2025 (%)
Market opportunity by End-user
Customer landscape
Market share By Geographical Landscape 2020-2025 (%)
Geographic comparison
APAC - Market size and forecast 2020-2025 ($ million)
APAC - Year-over-year growth 2020-2025 (%)
North America - Market size and forecast 2020-2025 ($ million)
North America - Year-over-year growth 2020-2025 (%)
Europe - Market size and forecast 2020-2025 ($ million)
Europe - Year-over-year growth 2020-2025 (%)
South America - Market size and forecast 2020-2025 ($ million)
South America - Year-over-year growth 2020-2025 (%)
MEA - Market size and forecast 2020-2025 ($ million)
MEA - Year-over-year growth 2020-2025 (%)
Key leading countries
Market opportunity By Geographical Landscape ($ million)
Impact of drivers and challenges
Vendor landscape
Landscape disruption
Industry risks
Vendors covered
Market positioning of vendors
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key offerings
ABB Ltd. - Key customers
ABB Ltd. - Segment focus
Broadcom Inc. - Overview
Broadcom Inc. - Business segments
Broadcom Inc. - Key offerings
Broadcom Inc. - Key customers
Broadcom Inc. - Segment focus
Coto Technology Inc. - Overview
Coto Technology Inc. - Product and service
Coto Technology Inc. - Key offerings
Coto Technology Inc. - Key customers
Coto Technology Inc. - Segment focus
FURUKAWA Co. Ltd. - Overview
FURUKAWA Co. Ltd. - Business segments
FURUKAWA Co. Ltd. - Key offerings
FURUKAWA Co. Ltd. - Key customers
FURUKAWA Co. Ltd. - Segment focus
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key offerings
General Electric Co. - Key customers
General Electric Co. - Segment focus
OMRON Corp. - Overview
OMRON Corp. - Business segments
OMRON Corp. - Key offerings
OMRON Corp. - Key customers
OMRON Corp. - Segment focus
Rockwell Automation Inc. - Overview
Rockwell Automation Inc. - Business segments
Rockwell Automation Inc. - Key offerings
Rockwell Automation Inc. - Key customers
Rockwell Automation Inc. - Segment focus
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key offerings
Schneider Electric SE - Key customers
Schneider Electric SE - Segment focus
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key offerings
Siemens AG - Key customers
Siemens AG - Segment focus
TE Connectivity Ltd. - Overview
TE Connectivity Ltd. - Business segments
TE Connectivity Ltd. - Key offerings
TE Connectivity Ltd. - Key customers
TE Connectivity Ltd. - Segment focus
Currency conversion rates for US$
Research Methodology
Validation techniques employed for market sizing
Information sources
List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global industrial relays market: ABB Ltd., Broadcom Inc., Coto Technology Inc., FURUKAWA Co. Ltd., General Electric Co., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and TE Connectivity Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing importance of smart grid systems.`

According to the report, one of the major drivers for this market is the increasing adoption of 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.