Market Overview:
The global interface relays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation and control in various industries, and the growing need for protection against electrical faults. Based on type, the global interface relays market is segmented into low insulation voltage (to 10 kV), medium insulation voltage (10 to 100 kV), and high insulation voltage (above 100 kV). Low-voltage interface relays are used for controlling low-voltage circuits, while high-voltage interface relays are used for controlling high-voltage circuits. Based on application, the global interface relay market is segmented into electricity, automation control, and other applications. Electricity accounted for the largest share of the global Interface Relay Market in 2017 owing to its widespread use across various industries such as oil & gas, power generation & distribution utilities etc., where reliable communication between different devices is essential.
Product Definition:
Interface relays are used to interface between two different types of relays. They provide a common communication path between the two relay types and allow them to interact with each other. This is important because it allows different relay systems to be connected and controlled together. Without interface relays, each relay system would need its own dedicated communications path, which would be inefficient and costly.
Low Insulation Voltage (To 10 KV):
Low insulation voltage (To 10 KV) is a term used to define the voltage between the input and output of an insulation device. The lower the value, the higher is its efficiency in terms of heat removal from electrical devices. Low-voltage electrical interfaces require special care as they are prone to damage due to high temperatures.
The global interface relays market size was valued at USD 3,F6 million in 2016.
Medium Insulation Voltage (10 To 100 KV):
The medium insulation voltage (MIV) is the range of electric insulation systems that can be expected between two conductors when the temperature is uniform. The voltage specification varies with material, construction, and installation conditions.
The low insulation voltage (LIV) refers to equipment that operates at or below 50 KV; whereas high insulation voltage (HIV) refers to equipment that operates at or above 1000 KV.
Application Insights:
The electricity segment dominated the global interface relays market in 2017 and is expected to witness significant growth over the forecast period. The increasing demand for renewable sources of energy, such as solar and wind, is anticipated to augment the product demand over the forecast period. Moreover, technological advancements in electronics coupled with growing investments by governments are likely to propel industry growth. For instance, Saudi Arabia has announced plans to invest USD 150 billion by 2020 which would increase employment rate by more than 50% from 2015 levels. This investment is projected to stimulate industry expansion during future years.
Automation control segment accounted for a revenue share of 15% in 2017 owing to rising industrialization along with urbanization and developing economies emerging from poverty traps have created huge opportunities for manufacturers across the world especially those countries that were behind on industrial revolution like India.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for automation, rising investments in power infrastructure, and growing industrialization across countries such as China, India, Japan, South Korea & Taiwan. Moreover global players are making huge investments in this region by acquiring new segments of business or by expanding their presence in countries such as Singapore & Malaysia.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization coupled with developing economies including China & India’s initiatives for smart cities development will boost industry size further over the next eight years. Europe is also anticipated to witness significant growth due to its well-established power infrastructure along with high demand from industries including oil & gas exploration and production sector which requires medium insulation voltage (100 KV - Above 100 KV) equipment installation services providers.
Growth Factors:
- Increasing demand for Interface Relays from the automotive industry as they are used in various applications such as powertrain, chassis, and body electronics
- Growing demand for Interface Relays from the telecommunications sector due to their use in signal switching and protection circuits
- Rising popularity of interface relays in consumer electronics owing to their ability to control high-power devices
- Increasing adoption of interface relays in industrial automation applications for controlling motors and other equipment
- Proliferation of Internet of Things (IoT) across different industries that is expected to create new opportunities for the growth of Interface Relays market
Scope Of The Report
Report Attributes
Report Details
Report Title
Interface Relays Market Research Report
By Type
Low Insulation Voltage (To 10 KV), Medium Insulation Voltage (10 To 100 KV), High Insulation Voltage (Above 100 KV)
By Application
Electricity, Automation Control, Other
By Companies
Schneider Electric, ABB, Phoenix Contact, Altech, Finder, Eaton
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Interface Relays Market Report Segments:
The global Interface Relays market is segmented on the basis of:
Types
Low Insulation Voltage (To 10 KV), Medium Insulation Voltage (10 To 100 KV), High Insulation Voltage (Above 100 KV)
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
Electricity, Automation Control, Other
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
- ABB
- Phoenix Contact
- Altech
- Finder
- Eaton
Highlights of The Interface 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:
- Low Insulation Voltage (To 10 KV)
- Medium Insulation Voltage (10 To 100 KV)
- High Insulation Voltage (Above 100 KV)
- By Application:
- Electricity
- Automation Control
- Other
- 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 Interface 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
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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?
Interface Relays are a type of network device that allow communication between two networks.
Some of the major players in the interface relays market are Schneider Electric, ABB, Phoenix Contact, Altech, Finder, Eaton.
The interface relays market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interface Relays Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Interface Relays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interface Relays Market - Supply Chain
4.5. Global Interface Relays Market Forecast
4.5.1. Interface Relays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interface Relays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interface Relays Market Absolute $ Opportunity
5. Global Interface Relays Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Interface Relays Market Size and Volume Forecast by Type
5.3.1. Low Insulation Voltage (To 10 KV)
5.3.2. Medium Insulation Voltage (10 To 100 KV)
5.3.3. High Insulation Voltage (Above 100 KV)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interface Relays Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Interface Relays Market Size and Volume Forecast by Application
6.3.1. Electricity
6.3.2. Automation Control
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interface Relays Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Interface Relays Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Interface Relays Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Interface Relays Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Interface Relays Demand Share Forecast, 2019-2026
9. North America Interface Relays Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Interface Relays Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Interface Relays Market Size and Volume Forecast by Application
9.4.1. Electricity
9.4.2. Automation Control
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interface Relays Market Size and Volume Forecast by Type
9.7.1. Low Insulation Voltage (To 10 KV)
9.7.2. Medium Insulation Voltage (10 To 100 KV)
9.7.3. High Insulation Voltage (Above 100 KV)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Interface Relays Demand Share Forecast, 2019-2026
10. Latin America Interface Relays Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Interface Relays Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Interface Relays Market Size and Volume Forecast by Application
10.4.1. Electricity
10.4.2. Automation Control
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interface Relays Market Size and Volume Forecast by Type
10.7.1. Low Insulation Voltage (To 10 KV)
10.7.2. Medium Insulation Voltage (10 To 100 KV)
10.7.3. High Insulation Voltage (Above 100 KV)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Interface Relays Demand Share Forecast, 2019-2026
11. Europe Interface Relays Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Interface Relays Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Interface Relays Market Size and Volume Forecast by Application
11.4.1. Electricity
11.4.2. Automation Control
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Interface Relays Market Size and Volume Forecast by Type
11.7.1. Low Insulation Voltage (To 10 KV)
11.7.2. Medium Insulation Voltage (10 To 100 KV)
11.7.3. High Insulation Voltage (Above 100 KV)
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Interface Relays Demand Share, 2019-2026
12. Asia Pacific Interface Relays Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Interface Relays Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Interface Relays Market Size and Volume Forecast by Application
12.4.1. Electricity
12.4.2. Automation Control
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interface Relays Market Size and Volume Forecast by Type
12.7.1. Low Insulation Voltage (To 10 KV)
12.7.2. Medium Insulation Voltage (10 To 100 KV)
12.7.3. High Insulation Voltage (Above 100 KV)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Interface Relays Demand Share, 2019-2026
13. Middle East & Africa Interface Relays Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Interface Relays Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Interface Relays Market Size and Volume Forecast by Application
13.4.1. Electricity
13.4.2. Automation Control
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interface Relays Market Size and Volume Forecast by Type
13.7.1. Low Insulation Voltage (To 10 KV)
13.7.2. Medium Insulation Voltage (10 To 100 KV)
13.7.3. High Insulation Voltage (Above 100 KV)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Interface Relays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Interface Relays Market: Market Share Analysis
14.2. Interface Relays Distributors and Customers
14.3. Interface Relays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Phoenix Contact
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Altech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Finder
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eaton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
