Market Overview:
The global DC electromechanical relay market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for relays in various applications, such as aerospace and defense, HVAC, automotive, consumer electronics, and others. In addition, the growing demand for miniaturized relays is also contributing to the growth of this market.
Product Definition:
A DC electromechanical relay is an electrical switch that uses a moving contact arm to open and close an electrical circuit. They are used to control the flow of electricity through a circuit by interrupting or completing the circuit.
PCB Mounting:
PCB mounting is a technique of installing printed circuit boards in electronic devices. It involves soldering and uses mechanical fasteners such as stand-offs, washers, nuts to secure the PCBs in place. The method provides mechanical stability to the installed components and also helps protect them from environmental stress such as vibration, thermal shock, high/low temperature etc.
DIN Rail Mounting:
DIN rail mounting is a device that is used to secure the equipment or machinery to a DIN rail. The term “DIN” refers to Deutsche Industrie-Nord (DI NORD), an industrial group based in Germany that was established in 1883 and specialises in manufacturing machine tools, automation systems, and power transmission products.
Application Insights:
The aerospace and defense application segment led the global DC electromechanical relay market in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing use of relays for controlling and monitoring various functions in aircraft, such as opening and closing of doors, actuation of flaps, actuation of landing gear motors, actuation of cabin lights, control system protection against overloads or tripping out. Reliability is also an important factor for selection between alternative technologies.
Aerospace manufacturing companies are focusing on reducing weightage without compromising with safety requirements while designing new aircraft models; this has resulted in increased use of these products across a wide range from primary flight controls to auxiliary systems on commercial aircrafts. In addition, manufacturers are increasingly using off-the-shelf components that have been proven reliable during testing under simulated conditions before flying actual missions or flights with passengers onboard.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period owing to increasing demand for electronics in emerging economies such as China and India. The growing manufacturing sector, rising disposable income, and rapid urbanization are some of the key factors driving regional growth. Furthermore, favorable government policies aimed at promoting investments in various sectors including energy & utilities; transportation; healthcare & life sciences; industrial automation are expected to drive industry expansion over the coming years.
North America is projected to be one of the most lucrative regions for this market due to early adoption by end-users coupled with presence of numerous manufacturers across U.S.
The European region accounted for more than 20% revenue share in 2016 on account of high product penetration across several applications such as aerospace.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive applications
- Growing demand for electromechanical relays from the industrial sector
- Rising popularity of smart homes and buildings
- Proliferation of Internet of Things (IoT) devices
- Development of next-generation relay technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Electromechanical Relay Market Research Report
By Type
PCB Mounting, DIN Rail Mounting, Panel-mount, Surface-mount, Other
By Application
Aerospace and Defense, HVAC, Automotive, Consumer Electronics, Others
By Companies
Schneider Electric, FUJITSU, ABB, Struthers-Dunn, General Electric, TE Connectivity, Sensata Technologies, Honeywell International, Siemens, Teledyne Relays, Schneider Electric, Omron Corporation, Panasonic, DENSO, ELESTA GmbH, Finder S.p.A, TEC AUTOMATISMES, Matsushita Electric Works
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global DC Electromechanical Relay Market Report Segments:
The global DC Electromechanical Relay market is segmented on the basis of:
Types
PCB Mounting, DIN Rail Mounting, Panel-mount, Surface-mount, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, HVAC, Automotive, Consumer Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- FUJITSU
- ABB
- Struthers-Dunn
- General Electric
- TE Connectivity
- Sensata Technologies
- Honeywell International
- Siemens
- Teledyne Relays
- Schneider Electric
- Omron Corporation
- Panasonic
- DENSO
- ELESTA GmbH
- Finder S.p.A
- TEC AUTOMATISMES
- Matsushita Electric Works
Highlights of The DC Electromechanical Relay Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PCB Mounting
- DIN Rail Mounting
- Panel-mount
- Surface-mount
- Other
- By Application:
- Aerospace and Defense
- HVAC
- Automotive
- Consumer Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DC Electromechanical Relay Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DC electromechanical relay is a type of electronic relay that uses direct current to operate. It has a contacts closure mechanism that uses two conductors, one of which is stationary and the other moves relative to the stationary conductor. The moving conductor creates an electric field that causes the contact closures.
Some of the major players in the dc electromechanical relay market are Schneider Electric, FUJITSU, ABB, Struthers-Dunn, General Electric, TE Connectivity, Sensata Technologies, Honeywell International, Siemens, Teledyne Relays, Schneider Electric, Omron Corporation, Panasonic, DENSO, ELESTA GmbH, Finder S.p.A, TEC AUTOMATISMES, Matsushita Electric Works.
The dc electromechanical relay market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DC Electromechanical Relay Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DC Electromechanical Relay Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DC Electromechanical Relay Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DC Electromechanical Relay Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DC Electromechanical Relay Market Size & Forecast, 2018-2028
4.5.1 DC Electromechanical Relay Market Size and Y-o-Y Growth
4.5.2 DC Electromechanical Relay Market Absolute $ Opportunity
Chapter 5 Global DC Electromechanical Relay Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 DC Electromechanical Relay Market Size Forecast by Type
5.2.1 PCB Mounting
5.2.2 DIN Rail Mounting
5.2.3 Panel-mount
5.2.4 Surface-mount
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global DC Electromechanical Relay Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 DC Electromechanical Relay Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 HVAC
6.2.3 Automotive
6.2.4 Consumer Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DC Electromechanical Relay Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DC Electromechanical Relay Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America DC Electromechanical Relay Analysis and Forecast
9.1 Introduction
9.2 North America DC Electromechanical Relay Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America DC Electromechanical Relay Market Size Forecast by Type
9.6.1 PCB Mounting
9.6.2 DIN Rail Mounting
9.6.3 Panel-mount
9.6.4 Surface-mount
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America DC Electromechanical Relay Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 HVAC
9.10.3 Automotive
9.10.4 Consumer Electronics
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe DC Electromechanical Relay Analysis and Forecast
10.1 Introduction
10.2 Europe DC Electromechanical Relay Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe DC Electromechanical Relay Market Size Forecast by Type
10.6.1 PCB Mounting
10.6.2 DIN Rail Mounting
10.6.3 Panel-mount
10.6.4 Surface-mount
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe DC Electromechanical Relay Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 HVAC
10.10.3 Automotive
10.10.4 Consumer Electronics
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific DC Electromechanical Relay Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific DC Electromechanical Relay Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific DC Electromechanical Relay Market Size Forecast by Type
11.6.1 PCB Mounting
11.6.2 DIN Rail Mounting
11.6.3 Panel-mount
11.6.4 Surface-mount
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific DC Electromechanical Relay Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 HVAC
11.10.3 Automotive
11.10.4 Consumer Electronics
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America DC Electromechanical Relay Analysis and Forecast
12.1 Introduction
12.2 Latin America DC Electromechanical Relay Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America DC Electromechanical Relay Market Size Forecast by Type
12.6.1 PCB Mounting
12.6.2 DIN Rail Mounting
12.6.3 Panel-mount
12.6.4 Surface-mount
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America DC Electromechanical Relay Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 HVAC
12.10.3 Automotive
12.10.4 Consumer Electronics
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) DC Electromechanical Relay Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) DC Electromechanical Relay Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) DC Electromechanical Relay Market Size Forecast by Type
13.6.1 PCB Mounting
13.6.2 DIN Rail Mounting
13.6.3 Panel-mount
13.6.4 Surface-mount
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) DC Electromechanical Relay Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 HVAC
13.10.3 Automotive
13.10.4 Consumer Electronics
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DC Electromechanical Relay Market: Competitive Dashboard
14.2 Global DC Electromechanical Relay Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 FUJITSU
14.3.3 ABB
14.3.4 Struthers-Dunn
14.3.5 General Electric
14.3.6 TE Connectivity
14.3.7 Sensata Technologies
14.3.8 Honeywell International
14.3.9 Siemens
14.3.10 Teledyne Relays
14.3.11 Schneider Electric
14.3.12 Omron Corporation
14.3.13 Panasonic
14.3.14 DENSO
14.3.15 ELESTA GmbH
14.3.16 Finder S.p.A
14.3.17 TEC AUTOMATISMES
14.3.18 Matsushita Electric Works
