The global relay market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient products and rising investments in renewable energy sources. The automotive industry is one of the major end-users of relays, which are used in various applications such as engine management systems, air conditioning systems, and powertrain control modules. In addition, industrial applications such as electric motors and transformers also use relays extensively.
The global relay market by type is segmented into electromagnetic SSR & power module combined relay and other types (electromagnetic SSR only). The electromagnetic SSR & power module combined relay segment accounted for a share of over 50% in 2017 owing to its high efficiency levels and low maintenance costs when compared with other types. Other types are expected to witness significant growth during the forecast period owing to their low cost per unit area when compared with electromagnetic SSRs & power modules combined relays.
The global relay market by application is segmented into automotive industry, industrial applications (electric motors), communications industry (telecoms), household appliance industry (refrigerators), and others (automation). Automotive industry accounted for a share of over 40% in 2017 owing to its high adoption rates across various industries such as transportation equipment manufacturing sector that uses it extensively for engine management systems, air conditioning systems, and powertrain control modules among others. Industrial applications are expected to witness significant growth during the forecast period due to their increasing adoption rates across various industries such as electric motors that use them extensively for controlling speed among others.
- The growth of the global population.
- The increase in the number of people living in urban areas.
- The rise in disposable income levels.
- The increase in the number of households with access to refrigerators and freezers.
- Increasing demand for convenience foods.
Industry Growth Insights published a new data on “Relay Market”. The research report is titled “Relay Market research by Types (ectromagneticSSR & Power ModuleCombined RelayOther), By Applications (tomotiveIndustrialCommunicationsHousehold ApplianceOther), By Players/Companies ronTE ConnectivityPanasonicFujitsuTeledyneABBSchneider ElectricEatonHoneywellFuji ElectricSharpRockwell AutomationFinderHellaHongfaSong ChuanSanyouNingbo ForwardCHINT ElectricsDelixiHu GongSongle RelayTianyi ElectricalQunli ElectricNingbo Huik”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Relay Market Research Report
By Type
ectromagneticSSR & Power ModuleCombined RelayOther
By Application
tomotiveIndustrialCommunicationsHousehold ApplianceOther
By Companies
ronTE ConnectivityPanasonicFujitsuTeledyneABBSchneider ElectricEatonHoneywellFuji ElectricSharpRockwell AutomationFinderHellaHongfaSong ChuanSanyouNingbo ForwardCHINT ElectricsDelixiHu GongSongle RelayTianyi ElectricalQunli ElectricNingbo Huik
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Relay Market Report Segments:
The global Relay market is segmented on the basis of:
Types
ectromagneticSSR & Power ModuleCombined RelayOther
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
tomotiveIndustrialCommunicationsHousehold ApplianceOther
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:
- ronTE ConnectivityPanasonicFujitsuTeledyneABBSchneider ElectricEatonHoneywellFuji ElectricSharpRockwell AutomationFinderHellaHongfaSong ChuanSanyouNingbo ForwardCHINT ElectricsDelixiHu GongSongle RelayTianyi ElectricalQunli ElectricNingbo Huik
Highlights of The 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:
- ectromagneticSSR & Power ModuleCombined RelayOther
- By Application:
- tomotiveIndustrialCommunicationsHousehold ApplianceOther
- 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 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?
Relay is a messaging app that allows you to send and receive messages with friends and family. It's free, secure, and easy to use.
Some of the major companies in the relay market are ronTE ConnectivityPanasonicFujitsuTeledyneABBSchneider ElectricEatonHoneywellFuji ElectricSharpRockwell AutomationFinderHellaHongfaSong ChuanSanyouNingbo ForwardCHINT ElectricsDelixiHu GongSongle RelayTianyi ElectricalQunli ElectricNingbo Huik.
The relay market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Relay Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Relay Market - Supply Chain
4.5. Global Relay Market Forecast
4.5.1. Relay Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Relay Market Size (000 Units) and Y-o-Y Growth
4.5.3. Relay Market Absolute $ Opportunity
5. Global 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. Relay Market Size and Volume Forecast by Type
5.3.1. ectromagneticSSR & Power ModuleCombined RelayOther
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Relay Market Size and Volume Forecast by Application
6.3.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Relay Demand Share Forecast, 2019-2026
9. North America 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 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 Relay Market Size and Volume Forecast by Application
9.4.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Relay Market Size and Volume Forecast by Type
9.7.1. ectromagneticSSR & Power ModuleCombined RelayOther
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 Relay Demand Share Forecast, 2019-2026
10. Latin America 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 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 Relay Market Size and Volume Forecast by Application
10.4.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Relay Market Size and Volume Forecast by Type
10.7.1. ectromagneticSSR & Power ModuleCombined RelayOther
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 Relay Demand Share Forecast, 2019-2026
11. Europe 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 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 Relay Market Size and Volume Forecast by Application
11.4.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Relay Market Size and Volume Forecast by Type
11.7.1. ectromagneticSSR & Power ModuleCombined RelayOther
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 Relay Demand Share, 2019-2026
12.Asia Pacific 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 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 Relay Market Size and Volume Forecast by Application
12.4.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Relay Market Size and Volume Forecast by Type
12.7.1. ectromagneticSSR & Power ModuleCombined RelayOther
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 Relay Demand Share, 2019-2026
13. Middle East & Africa 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 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 Relay Market Size and Volume Forecast by Application
13.4.1. tomotiveIndustrialCommunicationsHousehold ApplianceOther
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Relay Market Size and Volume Forecast by Type
13.7.1. ectromagneticSSR & Power ModuleCombined RelayOther
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 Relay Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Relay Market: Market Share Analysis
14.2. Relay Distributors and Customers
14.3. Relay Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ronTE ConnectivityPanasonicFujitsuTeledyneABBSchneider ElectricEatonHoneywellFuji ElectricSharpRockwell AutomationFinderHellaHongfaSong ChuanSanyouNingbo ForwardCHINT ElectricsDelixiHu GongSongle RelayTianyi ElectricalQunli ElectricNingbo Huik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COMPANY2
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
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
