Market Overview:
The global thermistor motor protection relay market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thermistor motor protection relays in various applications, such as automotive, paper and textile industry, cement engineering, and others. Additionally, the growing awareness about safety and security among consumers is also propelling the demand for thermistor motor protection relays across different regions.
Product Definition:
Thermistor motor protection relay is a device that is used to protect electric motors from damage. This device detects when the temperature of the motor exceeds a certain limit and then it cuts off power to the motor in order to prevent it from overheating. The thermistor motor protection relay is important because it helps protect electric motors from damage, which can result in costly repairs or replacement parts.
Automatic:
Automatic is a fully integrated solution designed to meet the growing demand for motorized protection relays. It comprises of an Application Specific Integrated Circuit (ASIC) chip, which controls and monitors the temperature-sensitive relay. The Automatic product line consists of two models, namely automatic version 2 and automatic version 3 with different specifications such as output current rating and case size.
Manual:
Manual is a type of circuit breakers that are used to open an automatically operated device in case of an emergency. In the case of thermistor motor protection relay, it is used to interrupt the current flow in event of overheating or over temperature.
Advantage/ Benefit: It provides better safety and reliability at a low cost.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. Thermistor motors are widely used in automobile applications as they offer protection against short-circuit and open-circuit conditions. The growing importance of motor protection relays in the automotive industry is due to rising instances of component failure, increasing demand for electric vehicles, and stringent regulatory norms regarding vehicle emissions across various countries worldwide.
Thermistor motors are also used extensively within HVAC (heating, ventilation, and cooling) systems owing to their benefits including low power consumption at high performance levels with enhanced reliability over other technologies such as PWM or DC/AC converters. Furthermore, thermostats using thermistors can be adjusted automatically based on environmental conditions thereby offering convenience while operating HVAC systems along with added safety features that prevent overheating or burning out components under certain circumstances when the temperature dips below a pre-determined level during system operation.
Regional Analysis:
North America dominated the global thermistor motor protection relay market in 2017. The growth can be attributed to increasing demand for energy-efficient products, growing automotive industry, and stringent government regulations regarding greenhouse gas emissions. Europe is expected to witness significant growth over the forecast period owing to rising product demand from several end-use industries such as paper and textile machinery, oil & gas industry, food processing equipment manufacturing etc. In addition, presence of major manufacturers such as Siemens AG; ABB Ltd.; Alstom; General Electric; Johnson Controls Inc.; Emerson Electric Co., Inc.; Furukawa Electric Co., Ltd.; Yokogawa Corporation is also contributing towards regional growth.
Asia Pacific region is anticipated to register a lucrative CAGR over the forecast period owing to rapid industrialization coupled with developing infrastructure sector in countries like China and India which are amongst top consumers of motors across the globe including other Asia Pacific countries such as South Korea and Taiwan etc.
Growth Factors:
- Increasing demand for electric vehicles
- Growing investments in smart grid infrastructure
- Rising concerns over energy security and climate change
- Proliferation of renewable energy sources
- Technological advancements in motor protection relay
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermistor Motor Protection Relay Market Research Report
By Type
Automatic, Manual
By Application
Automotive, Paper and Textile Industry, Cement Engineering, Other
By Companies
ABB, Omron, Siemens, Rockwell Automation, Eaton, Schneider Electric, Sprecher + Schuh, ...
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Thermistor Motor Protection Relay Market Report Segments:
The global Thermistor Motor Protection Relay market is segmented on the basis of:
Types
Automatic, Manual
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
Automotive, Paper and Textile Industry, Cement Engineering, 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:
- ABB
- Omron
- Siemens
- Rockwell Automation
- Eaton
- Schneider Electric
- Sprecher + Schuh
- ...
Highlights of The Thermistor Motor Protection 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:
- Automatic
- Manual
- By Application:
- Automotive
- Paper and Textile Industry
- Cement Engineering
- 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 Thermistor Motor Protection 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?
A thermistor motor protection relay is a device that monitors the temperature of a motor and activates an alarm or shuts down the power if the temperature reaches a certain level. This type of relay is used to protect motors from overheating, which can cause them to fail.
Some of the key players operating in the thermistor motor protection relay market are ABB, Omron, Siemens, Rockwell Automation, Eaton, Schneider Electric, Sprecher + Schuh.
The thermistor motor protection relay market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermistor Motor Protection 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. Thermistor Motor Protection Relay Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermistor Motor Protection Relay Market - Supply Chain
4.5. Global Thermistor Motor Protection Relay Market Forecast
4.5.1. Thermistor Motor Protection Relay Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermistor Motor Protection Relay Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermistor Motor Protection Relay Market Absolute $ Opportunity
5. Global Thermistor Motor Protection 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. Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
5.3.1. Automatic
5.3.2. Manual
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermistor Motor Protection 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. Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Paper and Textile Industry
6.3.3. Cement Engineering
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermistor Motor Protection 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. Thermistor Motor Protection 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 Thermistor Motor Protection 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. Thermistor Motor Protection 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 Thermistor Motor Protection Relay Demand Share Forecast, 2019-2029
9. North America Thermistor Motor Protection 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 Thermistor Motor Protection 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 Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Paper and Textile Industry
9.4.3. Cement Engineering
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
9.7.1. Automatic
9.7.2. Manual
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 Thermistor Motor Protection Relay Demand Share Forecast, 2019-2029
10. Latin America Thermistor Motor Protection 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 Thermistor Motor Protection 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 Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Paper and Textile Industry
10.4.3. Cement Engineering
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
10.7.1. Automatic
10.7.2. Manual
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 Thermistor Motor Protection Relay Demand Share Forecast, 2019-2029
11. Europe Thermistor Motor Protection 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 Thermistor Motor Protection 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 Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Paper and Textile Industry
11.4.3. Cement Engineering
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
11.7.1. Automatic
11.7.2. Manual
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 Thermistor Motor Protection Relay Demand Share, 2019-2029
12. Asia Pacific Thermistor Motor Protection 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 Thermistor Motor Protection 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 Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Paper and Textile Industry
12.4.3. Cement Engineering
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
12.7.1. Automatic
12.7.2. Manual
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 Thermistor Motor Protection Relay Demand Share, 2019-2029
13. Middle East & Africa Thermistor Motor Protection 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 Thermistor Motor Protection 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 Thermistor Motor Protection Relay Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Paper and Textile Industry
13.4.3. Cement Engineering
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermistor Motor Protection Relay Market Size and Volume Forecast by Type
13.7.1. Automatic
13.7.2. Manual
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 Thermistor Motor Protection Relay Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Thermistor Motor Protection Relay Market: Market Share Analysis
14.2. Thermistor Motor Protection Relay Distributors and Customers
14.3. Thermistor Motor Protection Relay Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Omron
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. Rockwell Automation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schneider Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sprecher + Schuh
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
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
