Global Programmable Relays Market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030 from USD 0.8 billion in 2018. The market is driven by factors such as increasing demand for automation and digitization, growing need for energy efficiency, and rising demand for programmable relays in various industries such as manufacturing, mining and mineral processing, HVAC systems, data centers etc, which are driving the growth of this market.
The global programmable relay market has been segmented on the basis of type into 12 I/O (USD 0.3 billion), 20 I/O (USD 0.4 billion), 40 I/O (USD 0.6 billion) and 320 I/O (USD 1 million). The 12 I/O segment accounted for the largest share in 2018 due to its low cost per relay unit with a lower number of input points than other types of relays available in the market; however it has a limited number of input points which restricts its use in applications requiring more inputs than outputs or vice versa like control panels or monitoring systems where there are more inputs than outputs or vice versa respectively.
Some Of The Growth Factors Of This Market:
- The increasing demand for automation in industries such as automotive, aerospace, and electronics is driving the growth of the programmable relay market.
- The need to reduce power consumption and increase efficiency is also driving the growth of this market.
- The increasing demand for programmable relays in emerging economies such as China and India is also a major factor contributing to the growth of this market.
- Increasing investments by governments in research and development activities related to programmable relays are expected to drive this market over the next few years.
- Increasing awareness about energy conservation among consumers will also drive this market.
Industry Growth Insights published a new data on “Programmable Relays Market”. The research report is titled “Programmable Relays Market research by Types (12 I/O, 20 I/O, 40 I/O, 320 I/O), By Applications (Mining and Mineral, Bottling, Control and Monitoring, HVAC, Car Washes, Crane & Hoist, Manufacturing, Conveyance Lines, Data Centers, Complex and Special Machines), By Players/Companies Omron, Eaton, Schneider Electric, Siemens, PHOENIX CONTACT, Devbin Autronics, TECO”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Programmable Relays Market Research Report
By Type
12 I/O, 20 I/O, 40 I/O, 320 I/O
By Application
Mining and Mineral, Bottling, Control and Monitoring, HVAC, Car Washes, Crane & Hoist, Manufacturing, Conveyance Lines, Data Centers, Complex and Special Machines
By Companies
Omron, Eaton, Schneider Electric, Siemens, PHOENIX CONTACT, Devbin Autronics, TECO
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Programmable Relays Market Report Segments:
The global Programmable Relays market is segmented on the basis of:
Types
12 I/O, 20 I/O, 40 I/O, 320 I/O
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
Mining and Mineral, Bottling, Control and Monitoring, HVAC, Car Washes, Crane & Hoist, Manufacturing, Conveyance Lines, Data Centers, Complex and Special Machines
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
- Eaton
- Schneider Electric
- Siemens
- PHOENIX CONTACT
- Devbin Autronics
- TECO
Highlights of The Programmable 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:
- 12 I/O
- 20 I/O
- 40 I/O
- 320 I/O
- By Application:
- Mining and Mineral
- Bottling
- Control and Monitoring
- HVAC
- Car Washes
- Crane & Hoist
- Manufacturing
- Conveyance Lines
- Data Centers
- Complex and Special Machines
- 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 Programmable 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.
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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?
Programmable relays are electronic devices that can be programmed to perform a specific task. They are often used in industrial applications, such as controlling the flow of water or oil, or in automated systems.
Some of the key players operating in the programmable relays market are Omron, Eaton, Schneider Electric, Siemens, PHOENIX CONTACT, Devbin Autronics, TECO.
The programmable 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. Programmable 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. Programmable Relays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Programmable Relays Market - Supply Chain
4.5. Global Programmable Relays Market Forecast
4.5.1. Programmable Relays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Programmable Relays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Programmable Relays Market Absolute $ Opportunity
5. Global Programmable 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. Programmable Relays Market Size and Volume Forecast by Type
5.3.1. 12 I/O
5.3.2. 20 I/O
5.3.3. 40 I/O
5.3.4. 320 I/O
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Programmable 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. Programmable Relays Market Size and Volume Forecast by Application
6.3.1. Mining and Mineral
6.3.2. Bottling
6.3.3. Control and Monitoring
6.3.4. HVAC
6.3.5. Car Washes
6.3.6. Crane & Hoist
6.3.7. Manufacturing
6.3.8. Conveyance Lines
6.3.9. Data Centers
6.3.10. Complex and Special Machines
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Programmable 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. Programmable 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 Programmable 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. Programmable 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 Programmable Relays Demand Share Forecast, 2019-2026
9. North America Programmable 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 Programmable 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 Programmable Relays Market Size and Volume Forecast by Application
9.4.1. Mining and Mineral
9.4.2. Bottling
9.4.3. Control and Monitoring
9.4.4. HVAC
9.4.5. Car Washes
9.4.6. Crane & Hoist
9.4.7. Manufacturing
9.4.8. Conveyance Lines
9.4.9. Data Centers
9.4.10. Complex and Special Machines
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Programmable Relays Market Size and Volume Forecast by Type
9.7.1. 12 I/O
9.7.2. 20 I/O
9.7.3. 40 I/O
9.7.4. 320 I/O
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 Programmable Relays Demand Share Forecast, 2019-2026
10. Latin America Programmable 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 Programmable 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 Programmable Relays Market Size and Volume Forecast by Application
10.4.1. Mining and Mineral
10.4.2. Bottling
10.4.3. Control and Monitoring
10.4.4. HVAC
10.4.5. Car Washes
10.4.6. Crane & Hoist
10.4.7. Manufacturing
10.4.8. Conveyance Lines
10.4.9. Data Centers
10.4.10. Complex and Special Machines
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Programmable Relays Market Size and Volume Forecast by Type
10.7.1. 12 I/O
10.7.2. 20 I/O
10.7.3. 40 I/O
10.7.4. 320 I/O
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 Programmable Relays Demand Share Forecast, 2019-2026
11. Europe Programmable 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 Programmable 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 Programmable Relays Market Size and Volume Forecast by Application
11.4.1. Mining and Mineral
11.4.2. Bottling
11.4.3. Control and Monitoring
11.4.4. HVAC
11.4.5. Car Washes
11.4.6. Crane & Hoist
11.4.7. Manufacturing
11.4.8. Conveyance Lines
11.4.9. Data Centers
11.4.10. Complex and Special Machines
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Programmable Relays Market Size and Volume Forecast by Type
11.7.1. 12 I/O
11.7.2. 20 I/O
11.7.3. 40 I/O
11.7.4. 320 I/O
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 Programmable Relays Demand Share, 2019-2026
12. Asia Pacific Programmable 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 Programmable 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 Programmable Relays Market Size and Volume Forecast by Application
12.4.1. Mining and Mineral
12.4.2. Bottling
12.4.3. Control and Monitoring
12.4.4. HVAC
12.4.5. Car Washes
12.4.6. Crane & Hoist
12.4.7. Manufacturing
12.4.8. Conveyance Lines
12.4.9. Data Centers
12.4.10. Complex and Special Machines
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Programmable Relays Market Size and Volume Forecast by Type
12.7.1. 12 I/O
12.7.2. 20 I/O
12.7.3. 40 I/O
12.7.4. 320 I/O
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 Programmable Relays Demand Share, 2019-2026
13. Middle East & Africa Programmable 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 Programmable 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 Programmable Relays Market Size and Volume Forecast by Application
13.4.1. Mining and Mineral
13.4.2. Bottling
13.4.3. Control and Monitoring
13.4.4. HVAC
13.4.5. Car Washes
13.4.6. Crane & Hoist
13.4.7. Manufacturing
13.4.8. Conveyance Lines
13.4.9. Data Centers
13.4.10. Complex and Special Machines
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Programmable Relays Market Size and Volume Forecast by Type
13.7.1. 12 I/O
13.7.2. 20 I/O
13.7.3. 40 I/O
13.7.4. 320 I/O
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 Programmable Relays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Programmable Relays Market: Market Share Analysis
14.2. Programmable Relays Distributors and Customers
14.3. Programmable Relays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Omron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PHOENIX CONTACT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Devbin Autronics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TECO
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
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