Market Overview:
The global PCB double relays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the PCB double relays market can be attributed to the increasing demand for miniaturization and automation in various applications such as industrial, electronic equipment, automobile, railway, and others. In addition, the growing demand for energy-efficient and reliable systems is also fueling the growth of the PCB double relays market.
Product Definition:
PCB Double Relays are a type of relay that has two coils, each of which can be energized independently. This allows the relay to be used for switching two circuits simultaneously, or for combining two signals into one. PCB Double Relays are often used in electrical and electronic equipment, where they can be used to control or switch power to different parts of the device.
Open:
Open is a new technology that was introduced in the PCB double relays market. It has been used by few manufacturers but now most of the companies have started using it. The major factor that has driven its usage is cost reduction and better quality of boards due to less use of chemicals during production.
It uses an open network for communication which reduces the need for installing extra hardware on top of devices leading to lower costs.
Sealed:
Sealed is a technology used in PCB double relays. It helps to protect the relay from dust, moisture, and other particles that may enter into it during the assembly and transportation. The product also provides reliability to the system by offering an excellent performance under adverse environmental conditions for a long duration of time. Sealed products are manufactured with high precision using advanced technologies across different regions.
Application Insights:
The railway application segment accounted for the largest revenue share of over 40% in 2017. The segment is projected to witness significant growth owing to rising demand from countries, such as China, India and Australia. These countries are investing heavily in the development of railways infrastructure which is likely to provide a major impetus towards industry growth during the forecast period.
Electronic equipment application segment was valued at USD 391 million in 2017 and is expected to grow at a CAGR of XX% over the forecast period due largelyto increasing use of PCB double relays for switching applications across various industries including telecom, IT & electronics and automotive among others.
Regional Analysis:
Asia Pacific is expected to be the largest market over the forecast period owing to increasing demand from industries such as industrial, railway and others. The regional market growth can be attributed to rising investments in new manufacturing facilities by companies such as Siemens AG, Panasonic Corporation, Samsung Group and LG Electronics Inc. In addition, rising adoption of double-relay modules in high-speed rail networks across China is anticipated to drive industry growth over the next eight years.
Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due his strong presence across major countries including Germany; France; Italy; U K.; Sweden; Russia among others which are driving product demand throughtout this region. North America accounted for a significant share of global revenue owing its large base of electronics manufacturers including Micron Technology Inc., Texas Instruments Inc.
Growth Factors:
- Increasing demand for PCB double relays from the automotive industry on account of their ability to control two circuits simultaneously
- Growing popularity of PCB double relays in consumer electronics owing to their compact size and low power consumption
- Rising demand for PCB double relays in telecommunications and data communication applications due to growing need for advanced relay solutions
- Proliferation of Internet-of-Things (IoT) across various industrial sectors, which is expected to create new opportunities for the PCB double relay market over the forecast period
- Technological advancements that have led to development of miniaturized PCB double relays with enhanced performance, thus opening up new avenues for growth in this market
Scope Of The Report
Report Attributes
Report Details
Report Title
PCB Double Relays Market Research Report
By Type
Open, Sealed
By Application
Industrial, Electronic Equipment, Automobile, Railway, Others
By Companies
Omron Electronic Components, Mors Smitt, PQI Pty Ltd., Song Chuan Precision Company Ltd., Zettler Group, TE Connectivity, Nncele, E. Dold&SöhneKG, Finder, GoodSky, China Relay, NCR Industrial, ZheJiang QianJi Relay Co.,Ltd.
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global PCB Double Relays Market Report Segments:
The global PCB Double Relays market is segmented on the basis of:
Types
Open, Sealed
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
Industrial, Electronic Equipment, Automobile, Railway, 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:
- Omron Electronic Components
- Mors Smitt
- PQI Pty Ltd.
- Song Chuan Precision Company Ltd.
- Zettler Group
- TE Connectivity
- Nncele
- E. Dold&SöhneKG
- Finder
- GoodSky
- China Relay
- NCR Industrial
- ZheJiang QianJi Relay Co.,Ltd.
Highlights of The PCB Double Relays 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:
- Open
- Sealed
- By Application:
- Industrial
- Electronic Equipment
- Automobile
- Railway
- 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 PCB Double Relays 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?
PCB double relays are a type of relay that is used in electrical systems. They are made up of two separate coils, which allow them to switch two different voltages. This makes them perfect for use in high-voltage applications, such as power grids and telecommunications networks.
Some of the key players operating in the pcb double relays market are Omron Electronic Components, Mors Smitt, PQI Pty Ltd., Song Chuan Precision Company Ltd., Zettler Group, TE Connectivity, Nncele, E. Dold&S¶hneKG, Finder, GoodSky, China Relay, NCR Industrial, ZheJiang QianJi Relay Co.,Ltd..
The pcb double relays 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 PCB Double Relays 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 PCB Double Relays Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PCB Double Relays 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 PCB Double Relays 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 PCB Double Relays Market Size & Forecast, 2020-2028 4.5.1 PCB Double Relays Market Size and Y-o-Y Growth 4.5.2 PCB Double Relays Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Open
5.2.2 Sealed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Electronic Equipment
6.2.3 Automobile
6.2.4 Railway
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PCB Double Relays 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 PCB Double Relays 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Open
9.6.2 Sealed
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Electronic Equipment
9.10.3 Automobile
9.10.4 Railway
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Open
10.6.2 Sealed
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Electronic Equipment
10.10.3 Automobile
10.10.4 Railway
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Open
11.6.2 Sealed
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Electronic Equipment
11.10.3 Automobile
11.10.4 Railway
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Open
12.6.2 Sealed
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Electronic Equipment
12.10.3 Automobile
12.10.4 Railway
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Open
13.6.2 Sealed
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Electronic Equipment
13.10.3 Automobile
13.10.4 Railway
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 PCB Double Relays Market: Competitive Dashboard
14.2 Global PCB Double Relays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omron Electronic Components
14.3.2 Mors Smitt
14.3.3 PQI Pty Ltd.
14.3.4 Song Chuan Precision Company Ltd.
14.3.5 Zettler Group
14.3.6 TE Connectivity
14.3.7 Nncele
14.3.8 E. Dold&SöhneKG
14.3.9 Finder
14.3.10 GoodSky
14.3.11 China Relay
14.3.12 NCR Industrial
14.3.13 ZheJiang QianJi Relay Co.,Ltd.