Market Overview:
The global monostable 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 monostable relays in various applications, such as electronics, automotive, aerospace, and consumer goods. Additionally, the growing demand for miniaturized and low-voltage relays is also contributing to the growth of this market. However, factors such as high initial costs and lack of standardization are restraining the growth of this market. On the basis of type, high-voltage monostable relays accounted for a major share of the global monostable relay market in 2017. This segment is expected to continue its dominance during the forecast period owing to increased demand from various end-use industries such as automotive and aerospace.
Product Definition:
A monostable relay is an electromechanical device that is used to control the flow of electricity through a circuit. It can be used to switch on or off a circuit, or to regulate the amount of current that flows through it. The importance of monostable relays lies in their ability to maintain a set state for a given length of time, after which they automatically return to their original state. This makes them ideal for use in applications where precise timing is required, such as in clocks and timers.
High Voltage:
High voltage is the electrical energy in the range of 30,000 to 300,000 volts. It is also known as electric power or electro-magnetic radiation. The term high voltage generally refers to AC ( Alternating Current) electricity and DC (Direct Current) electricity which have a difference of 120 degrees.
In electronics & telecommunication industry it's used for transmission purposes; In power generation sector it's used for transforming mechanical energy into electrical form and vice versa.
Low Voltage:
Low voltage is a DC power supply which has a range of 0 to 25VDC. It is used in monostable relays for various applications such as alarm systems, security systems, and home appliances. The low voltage can also be used in non-contact switches like push button switches and momentary contact type switches.
Application Insights:
The electronics segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Monostable relays are used as switches in various electronic devices such as computers, telecommunication equipment, industrial control systems and household appliances. They are also used in military aircraft where a single relay controls several critical functions such as weapon bay door opening and closing, engine start/stop sequence and fuel supply/jection sequencing. The automotive sector is expected to be one of the fastest growing application segments during the forecast period owing to increasing demand for electric vehicles (EV).
Monostable multivibrators are widely used across all EV types including hybrid cars, plug-in hybrid cars (PHEV), battery electric vehicles (BEV) along with their supporting infrastructure such as charging stations.
Regional Analysis:
Asia Pacific monostable relay market is expected to grow at a lucrative rate over the forecast period. The growth can be attributed to increasing demand for automation and electronics in emerging economies such as China, India, and Japan. In addition, rising industrialization coupled with growing infrastructure activities will drive the regional market further.
The Asia Pacific region dominated the global monostable relay market in 2016 owing to high product demand from major application sectors including consumer goods & devices, automotive & transportation equipment, and others. However Europe is projected to emerge as a prominent region during the forecast period owing to technological advancements along with increased spending on defense sector by countries including Germany and UK which are some of its key markets in this region will drive this regional segment further over next eight years till 2030 timeframe. North America also accounted for significant revenue share due to presence of prominent players operating within U S A like Maxim Integrated Products Inc.; Infineon technologies; Texas Instruments Inc.
Growth Factors:
- Increasing demand from the automotive industry for monostable relays as a safety feature in vehicles
- Growing demand for monostable relays from the medical industry for use in pacemakers and other life-saving devices
- Increasing demand for monostable relays from the industrial sector, specifically in applications such as factory automation and robotics
- Advances in semiconductor technology that have led to smaller, more efficient monostable relay designs
- The increasing popularity of IoT-enabled devices, which require reliable communication between connected components
Scope Of The Report
Report Attributes
Report Details
Report Title
Monostable Relay Market Research Report
By Type
High Voltage, Low Voltage
By Application
Electronics, Automotive, Aerospace, Consumer Goods, Others
By Companies
TE Connectivity, Hengstler GmbH, Siemens, Chauvin Arnoux Ltd, Schneider Electric
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Monostable Relay Market Report Segments:
The global Monostable Relay market is segmented on the basis of:
Types
High Voltage, Low Voltage
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
Electronics, Automotive, Aerospace, Consumer Goods, 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:
- TE Connectivity
- Hengstler GmbH
- Siemens
- Chauvin Arnoux Ltd
- Schneider Electric
Highlights of The Monostable 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:
- High Voltage
- Low Voltage
- By Application:
- Electronics
- Automotive
- Aerospace
- Consumer Goods
- 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 Monostable 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
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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?
A monostable relay is a type of electronic switch that can only be turned on or off one time. When it is turned on, the relay will stay on until it is turned off.
Some of the key players operating in the monostable relay market are TE Connectivity, Hengstler GmbH, Siemens, Chauvin Arnoux Ltd, Schneider Electric.
The monostable relay 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. Monostable Relay 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. Monostable Relay Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monostable Relay Market - Supply Chain
4.5. Global Monostable Relay Market Forecast
4.5.1. Monostable Relay Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monostable Relay Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monostable Relay Market Absolute $ Opportunity
5. Global Monostable Relay 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. Monostable Relay Market Size and Volume Forecast by Type
5.3.1. High Voltage
5.3.2. Low Voltage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monostable Relay 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. Monostable Relay Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Automotive
6.3.3. Aerospace
6.3.4. Consumer Goods
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monostable Relay 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. Monostable Relay 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 Monostable Relay 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. Monostable Relay 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 Monostable Relay Demand Share Forecast, 2019-2026
9. North America Monostable Relay 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 Monostable Relay 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 Monostable Relay Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Automotive
9.4.3. Aerospace
9.4.4. Consumer Goods
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monostable Relay Market Size and Volume Forecast by Type
9.7.1. High Voltage
9.7.2. Low Voltage
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 Monostable Relay Demand Share Forecast, 2019-2026
10. Latin America Monostable Relay 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 Monostable Relay 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 Monostable Relay Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Automotive
10.4.3. Aerospace
10.4.4. Consumer Goods
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monostable Relay Market Size and Volume Forecast by Type
10.7.1. High Voltage
10.7.2. Low Voltage
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 Monostable Relay Demand Share Forecast, 2019-2026
11. Europe Monostable Relay 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 Monostable Relay 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 Monostable Relay Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Automotive
11.4.3. Aerospace
11.4.4. Consumer Goods
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monostable Relay Market Size and Volume Forecast by Type
11.7.1. High Voltage
11.7.2. Low Voltage
11.8. Basis Point Share (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 Monostable Relay Demand Share, 2019-2026
12. Asia Pacific Monostable Relay 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 Monostable Relay 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 Monostable Relay Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Automotive
12.4.3. Aerospace
12.4.4. Consumer Goods
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monostable Relay Market Size and Volume Forecast by Type
12.7.1. High Voltage
12.7.2. Low Voltage
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 Monostable Relay Demand Share, 2019-2026
13. Middle East & Africa Monostable Relay 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 Monostable Relay 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 Monostable Relay Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Automotive
13.4.3. Aerospace
13.4.4. Consumer Goods
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monostable Relay Market Size and Volume Forecast by Type
13.7.1. High Voltage
13.7.2. Low Voltage
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 Monostable Relay Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monostable Relay Market: Market Share Analysis
14.2. Monostable Relay Distributors and Customers
14.3. Monostable Relay Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TE Connectivity
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hengstler GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chauvin Arnoux Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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