Global Electromechanical Relay Market – Industry Analysis and Forecast (2019-2027) – by Type, Industry Vertical, and by Geography

Global Electromechnical Relay Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027 at a CAGR of XX % during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. To know about the Research Methodology:-Request Free Sample Report Increasing awareness about benefits offered by electromechanical relays, cost-effective and easy maintenance, and wide range of applications are major factors for increasing growth of global electromechanical relay. The sales of the electromechanical relay are increasing because solar technologies are using relays to protect the circuits from damage and overload, and demand for solar applications are surging day to day, indicating the increasing adoption of powerful electromechanical relays particularly in the automotive industry, industrial sectors and home appliances. Increasing demand for consumer electronic products provides a great opportunity for this market. On the other hand emergence of SSR hamper the market growth of electromechanical relay. Heavy-duty relays are mainly utilized for industrial applications such as machine control. Aerospace relays are manufactured in compliance with the standards such as M83536, MIL-PRF-39016, and M83726 for defense and aerospace applications. The market also witnesses a significant growth in the car manufacturing sector. Most of the players use relays in the fuse box of the cars. These relays are used to prevent the circuits from overload and faults. Government subsidies and a rise in demand for consumer electronic products also contribute toward the growth of the market. The Asia Pacific occupies the significant share in the electromechanical relays market. The market is expected to increase its revenue because of the increasing adoption of electromechanical relays because of their superior performance, high efficiency. This is primarily due to the rapid rate of industrialization and the introduction of modern power distribution and networking practices. Several transmission and distribution systems in the Asia Pacific are currently under overhaul, which is creating additional demand for relays and other smart grid components. The region also has improvements in solar, wind, and tidal energy, increasing the need for larger power grids and therefore, relays and other components. Prominent players in the global electromechanical relay market are DARE Elec-tronics, Inc., Leone Systems, TE Connectivity Ltd., Ashida Electronics Pvt. Ltd. Omron, Eaton Corporation, Hitachi, Ltd., ABB Ltd., Siemens AG, and General Electric, Mitsubishi Electric, and others. Product launches, partnerships, and expansion are some of the strategies adopted by players to increase their market share. For instance, in February 2016, DARE Electronics released a new 6PDT re-lay. This relay is manufactured for an aviation company this relay is incorporated with a 26.5 VDC coil, Armel Electronics socket p/n HRS-6JV2, and it meets the requirements of MIL-R-5757/1. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by type, service, components, and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Electromechanical Relay market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.

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Global Electromechanical Relay Market, By Type

•Reed Relays • Heavy Duty and High Voltage Relays • Aerospace/MIL-SPEC Relays

Global Electromechanical Relay Market, By Industry Vertical

• Consumer Electronics • Industrial Automation • Automotive • Aerospace • Others

Global Electromechanical Relay Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key players operating in Global Electromechanical Relay Market

• DARE Electronics, Inc. • Leone Systems • TE Connectivity Ltd. • Ashida Electronics Pvt. Ltd • Control &Switchgear Electric Limited • Eaton Corporation • Hitachi Ltd. • ABB Ltd. • Siemens AG • General Electric • GE Digital Energy • ZETTLER • Mors Smitt BV • RelayGo Components SL • OMRON Electrical Components • Tele HaaseSteuergerate • O/E/N India Ltd. • Alstom Grid • Broyce Control • Schweitzer Engineering Laboratories

Table of Content

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary : Global Electromechanical Relay Market, by Market Value (US$ Bn) and Volume(Ton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global Electromechanical Relay Market 5. Supply Side and Demand Side Indicators 6. Global Electromechanical Relay Market Analysis and Forecast 6.1. Global Electromechanical Relay Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Electromechanical Relay Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Electromechanical Relay Market Value Share Analysis, by Type 7.4. Global Electromechanical Relay Market Size (US$ Bn) Forecast, by Type 7.5. Global Electromechanical Relay Market Analysis, by Type 7.6. Global Electromechanical Relay Market Attractiveness Analysis, by Type 8. Global Electromechanical Relay Market Analysis and Forecast, by Industry Vertical 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Electromechanical Relay Market Value Share Analysis, by Industry Vertical 8.4. Global Electromechanical Relay Market Size (US$ Bn) Forecast, by Industry Vertical 8.5. Global Electromechanical Relay Market Analysis, by Industry Vertical 8.6. Global Electromechanical Relay Market Attractiveness Analysis, by Industry Vertical 9. Global Electromechanical Relay Market Analysis, by Region 9.1. Global Electromechanical Relay Market Value Share Analysis, by Region 9.2. Global Electromechanical Relay Market Size (US$ Bn) Forecast, by Region 9.3. Global Electromechanical Relay Market Attractiveness Analysis, by Region 10. North America Electromechanical Relay Market Analysis 10.1. Key Findings 10.2. North America Electromechanical Relay Market Overview 10.3. North America Electromechanical Relay Market Value Share Analysis, by Type 10.4. North America Electromechanical Relay Market Forecast, by Type 10.4.1. Reed Relays 10.4.2. Heavy Duty and High Voltage Relays 10.4.3. Aerospace/MIL-SPEC Relays 10.5. North America Electromechanical Relay Market Value Share Analysis, by Industry Vertical 10.6. North America Electromechanical Relay Market Forecast, by Industry Vertical 10.6.1. Consumer Electronics 10.6.2. Industrial Automation 10.6.3. Automotive 10.6.4. Aerospace 10.6.5. Others 10.7. North America Electromechanical Relay Market Value Share Analysis, by Country 10.8. North America Electromechanical Relay Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Electromechanical Relay Market Analysis, by Country 10.10. U.S. Electromechanical Relay Market Forecast, by Type 10.10.1. Reed Relays 10.10.2. Heavy Duty and High Voltage Relays 10.10.3. Aerospace/MIL-SPEC Relays 10.11. U.S. Electromechanical Relay Market Forecast, by Industry Vertical 10.11.1. Consumer Electronics 10.11.2. Industrial Automation 10.11.3. Automotive 10.11.4. Aerospace 10.11.5. Others 10.12. Canada Electromechanical Relay Market Forecast, by Type 10.12.1. Reed Relays 10.12.2. Heavy Duty and High Voltage Relays 10.12.3. Aerospace/MIL-SPEC Relays 10.13. Canada Electromechanical Relay Market Forecast, by Industry Vertical 10.13.1. Consumer Electronics 10.13.2. Industrial Automation 10.13.3. Automotive 10.13.4. Aerospace 10.13.5. Others 10.14. North America Electromechanical Relay Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Industry Vertical 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Electromechanical Relay Market Analysis 11.1. Key Findings 11.2. Europe Electromechanical Relay Market Overview 11.3. Europe Electromechanical Relay Market Value Share Analysis, by Type 11.4. Europe Electromechanical Relay Market Forecast, by Type 11.4.1. Reed Relays 11.4.2. Heavy Duty and High Voltage Relays 11.4.3. Aerospace/MIL-SPEC Relays 11.5. Europe Electromechanical Relay Market Value Share Analysis, by Industry Vertical 11.6. Europe Electromechanical Relay Market Forecast, by Industry Vertical 11.6.1. Consumer Electronics 11.6.2. Industrial Automation 11.6.3. Automotive 11.6.4. Aerospace 11.6.5. Others 11.7. Europe Electromechanical Relay Market Value Share Analysis, by Country 11.8. Europe Electromechanical Relay Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Electromechanical Relay Market Analysis, by Country 11.10. Germany Electromechanical Relay Market Forecast, by Type 11.10.1. Reed Relays 11.10.2. Heavy Duty and High Voltage Relays 11.10.3. Aerospace/MIL-SPEC Relays 11.11. Germany Electromechanical Relay Market Forecast, by Industry Vertical 11.11.1. Consumer Electronics 11.11.2. Industrial Automation 11.11.3. Automotive 11.11.4. Aerospace 11.11.5. Others 11.12. U.K. Electromechanical Relay Market Forecast, by Type 11.12.1. Reed Relays 11.12.2. Heavy Duty and High Voltage Relays 11.12.3. Aerospace/MIL-SPEC Relays 11.13. U.K. Electromechanical Relay Market Forecast, by Industry Vertical 11.13.1. Consumer Electronics 11.13.2. Industrial Automation 11.13.3. Automotive 11.13.4. Aerospace 11.13.5. Others 11.14. France Electromechanical Relay Market Forecast, by Type 11.14.1. Reed Relays 11.14.2. Heavy Duty and High Voltage Relays 11.14.3. Aerospace/MIL-SPEC Relays 11.15. France Electromechanical Relay Market Forecast, by Industry Vertical 11.15.1. Consumer Electronics 11.15.2. Industrial Automation 11.15.3. Automotive 11.15.4. Aerospace 11.15.5. Others 11.16. Italy Electromechanical Relay Market Forecast, by Type 11.16.1. Reed Relays 11.16.2. Heavy Duty and High Voltage Relays 11.16.3. Aerospace/MIL-SPEC Relays 11.17. Italy Electromechanical Relay Market Forecast, by Industry Vertical 11.17.1. Consumer Electronics 11.17.2. Industrial Automation 11.17.3. Automotive 11.17.4. Aerospace 11.17.5. Others 11.18. Spain Electromechanical Relay Market Forecast, by Type 11.18.1. Reed Relays 11.18.2. Heavy Duty and High Voltage Relays 11.18.3. Aerospace/MIL-SPEC Relays 11.19. Spain Electromechanical Relay Market Forecast, by Industry Vertical 11.19.1. Consumer Electronics 11.19.2. Industrial Automation 11.19.3. Automotive 11.19.4. Aerospace 11.19.5. Others 11.20. Rest of Europe Electromechanical Relay Market Forecast, by Type 11.20.1. Reed Relays 11.20.2. Heavy Duty and High Voltage Relays 11.20.3. Aerospace/MIL-SPEC Relays 11.21. Rest of Europe Electromechanical Relay Market Forecast, by Industry Vertical 11.21.1. Consumer Electronics 11.21.2. Industrial Automation 11.21.3. Automotive 11.21.4. Aerospace 11.21.5. Others 11.22. Europe Electromechanical Relay Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Industry Vertical 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Electromechanical Relay Market Analysis 12.1. Key Findings 12.2. Asia Pacific Electromechanical Relay Market Overview 12.3. Asia Pacific Electromechanical Relay Market Value Share Analysis, by Type 12.4. Asia Pacific Electromechanical Relay Market Forecast, by Type 12.4.1. Reed Relays 12.4.2. Heavy Duty and High Voltage Relays 12.4.3. Aerospace/MIL-SPEC Relays 12.5. Asia Pacific Electromechanical Relay Market Value Share Analysis, by Industry Vertical 12.6. Asia Pacific Electromechanical Relay Market Forecast, by Industry Vertical 12.6.1. Consumer Electronics 12.6.2. Industrial Automation 12.6.3. Automotive 12.6.4. Aerospace 12.6.5. Others 12.7. Asia Pacific Electromechanical Relay Market Value Share Analysis, by Country 12.8. Asia Pacific Electromechanical Relay Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Electromechanical Relay Market Analysis, by Country 12.10. China Electromechanical Relay Market Forecast, by Type 12.10.1. Reed Relays 12.10.2. Heavy Duty and High Voltage Relays 12.10.3. Aerospace/MIL-SPEC Relays 12.11. China Electromechanical Relay Market Forecast, by Industry Vertical 12.11.1. Consumer Electronics 12.11.2. Industrial Automation 12.11.3. Automotive 12.11.4. Aerospace 12.11.5. Others 12.12. India Electromechanical Relay Market Forecast, by Type 12.12.1. Reed Relays 12.12.2. Heavy Duty and High Voltage Relays 12.12.3. Aerospace/MIL-SPEC Relays 12.13. India Electromechanical Relay Market Forecast, by Industry Vertical 12.13.1. Consumer Electronics 12.13.2. Industrial Automation 12.13.3. Automotive 12.13.4. Aerospace 12.13.5. Others 12.14. Japan Electromechanical Relay Market Forecast, by Type 12.14.1. Reed Relays 12.14.2. Heavy Duty and High Voltage Relays 12.14.3. Aerospace/MIL-SPEC Relays 12.15. Japan Electromechanical Relay Market Forecast, by Industry Vertical 12.15.1. Consumer Electronics 12.15.2. Industrial Automation 12.15.3. Automotive 12.15.4. Aerospace 12.15.5. Others 12.16. ASEAN Electromechanical Relay Market Forecast, by Type 12.16.1. Reed Relays 12.16.2. Heavy Duty and High Voltage Relays 12.16.3. Aerospace/MIL-SPEC Relays 12.17. ASEAN Electromechanical Relay Market Forecast, by Industry Vertical 12.17.1. Consumer Electronics 12.17.2. Industrial Automation 12.17.3. Automotive 12.17.4. Aerospace 12.17.5. Others 12.18. Rest of Asia Pacific Electromechanical Relay Market Forecast, by Type 12.18.1. Reed Relays 12.18.2. Heavy Duty and High Voltage Relays 12.18.3. Aerospace/MIL-SPEC Relays 12.19. Rest of Asia Pacific Electromechanical Relay Market Forecast, by Industry Vertical 12.19.1. Consumer Electronics 12.19.2. Industrial Automation 12.19.3. Automotive 12.19.4. Aerospace 12.19.5. Others 12.20. Asia Pacific Electromechanical Relay Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Industry Vertical 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Electromechanical Relay Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Electromechanical Relay Market Overview 13.3. Middle East & Africa Electromechanical Relay Market Value Share Analysis, by Type 13.4. Middle East & Africa Electromechanical Relay Market Forecast, by Type 13.4.1. Reed Relays 13.4.2. Heavy Duty and High Voltage Relays 13.4.3. Aerospace/MIL-SPEC Relays 13.5. Middle East & Africa Electromechanical Relay Market Value Share Analysis, by Industry Vertical 13.6. Middle East & Africa Electromechanical Relay Market Forecast, by Industry Vertical 13.6.1. Consumer Electronics 13.6.2. Industrial Automation 13.6.3. Automotive 13.6.4. Aerospace 13.6.5. Others 13.7. Middle East & Africa Electromechanical Relay Market Value Share Analysis, by Country 13.8. Middle East & Africa Electromechanical Relay Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Electromechanical Relay Market Analysis, by Country 13.10. GCC Electromechanical Relay Market Forecast, by Type 13.10.1. Reed Relays 13.10.2. Heavy Duty and High Voltage Relays 13.10.3. Aerospace/MIL-SPEC Relays 13.11. GCC Electromechanical Relay Market Forecast, by Industry Vertical 13.11.1. Consumer Electronics 13.11.2. Industrial Automation 13.11.3. Automotive 13.11.4. Aerospace 13.11.5. Others 13.12. South Africa Electromechanical Relay Market Forecast, by Type 13.12.1. Reed Relays 13.12.2. Heavy Duty and High Voltage Relays 13.12.3. Aerospace/MIL-SPEC Relays 13.13. South Africa Electromechanical Relay Market Forecast, by Industry Vertical 13.13.1. Consumer Electronics 13.13.2. Industrial Automation 13.13.3. Automotive 13.13.4. Aerospace 13.13.5. Others 13.14. Rest of Middle East & Africa Electromechanical Relay Market Forecast, by Type 13.14.1. Reed Relays 13.14.2. Heavy Duty and High Voltage Relays 13.14.3. Aerospace/MIL-SPEC Relays 13.15. Rest of Middle East & Africa Electromechanical Relay Market Forecast, by Industry Vertical 13.15.1. Consumer Electronics 13.15.2. Industrial Automation 13.15.3. Automotive 13.15.4. Aerospace 13.15.5. Others 13.16. Middle East & Africa Electromechanical Relay Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Industry Vertical 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Electromechanical Relay Market Analysis 14.1. Key Findings 14.2. South America Electromechanical Relay Market Overview 14.3. South America Electromechanical Relay Market Value Share Analysis, by Type 14.4. South America Electromechanical Relay Market Forecast, by Type 14.4.1. Reed Relays 14.4.2. Heavy Duty and High Voltage Relays 14.4.3. Aerospace/MIL-SPEC Relays 14.5. South America Electromechanical Relay Market Value Share Analysis, by Industry Vertical 14.6. South America Electromechanical Relay Market Forecast, by Industry Vertical 14.6.1. Consumer Electronics 14.6.2. Industrial Automation 14.6.3. Automotive 14.6.4. Aerospace 14.6.5. Others 14.7. South America Electromechanical Relay Market Value Share Analysis, by Country 14.8. South America Electromechanical Relay Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Electromechanical Relay Market Analysis, by Country 14.10. Brazil Electromechanical Relay Market Forecast, by Type 14.10.1. Reed Relays 14.10.2. Heavy Duty and High Voltage Relays 14.10.3. Aerospace/MIL-SPEC Relays 14.11. Brazil Electromechanical Relay Market Forecast, by Industry Vertical 14.11.1. Consumer Electronics 14.11.2. Industrial Automation 14.11.3. Automotive 14.11.4. Aerospace 14.11.5. Others 14.12. Mexico Electromechanical Relay Market Forecast, by Type 14.12.1. Reed Relays 14.12.2. Heavy Duty and High Voltage Relays 14.12.3. Aerospace/MIL-SPEC Relays 14.13. Mexico Electromechanical Relay Market Forecast, by Industry Vertical 14.13.1. Consumer Electronics 14.13.2. Industrial Automation 14.13.3. Automotive 14.13.4. Aerospace 14.13.5. Others 14.14. Rest of South America Electromechanical Relay Market Forecast, by Type 14.14.1. Reed Relays 14.14.2. Heavy Duty and High Voltage Relays 14.14.3. Aerospace/MIL-SPEC Relays 14.15. Rest of South America Electromechanical Relay Market Forecast, by Industry Vertical 14.15.1. Consumer Electronics 14.15.2. Industrial Automation 14.15.3. Automotive 14.15.4. Aerospace 14.15.5. Others 14.16. South America Electromechanical Relay Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Industry Vertical 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Industry Verticals and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Industry Verticals 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. DARE Electronics, Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Leone Systems 15.3.3. TE Connectivity Ltd. 15.3.4. Ashida Electronics Pvt. Ltd 15.3.5. Control &Switchgear Electric Limited 15.3.6. Eaton Corporation 15.3.7. Hitachi Ltd. 15.3.8. ABB Ltd. 15.3.9. Siemens AG 15.3.10. General Electric 15.3.11. GE Digital Energy 15.3.12. ZETTLER 15.3.13. Mors Smitt BV 15.3.14. RelayGo Components SL 15.3.15. OMRON Electrical Components 15.3.16. Tele HaaseSteuergerate 15.3.17. O/E/N India Ltd. 15.3.18. Alstom Grid 15.3.19. Broyce Control 15.3.20. Schweitzer Engineering Laboratories 16. Primary Key Insights

About This Report

Report ID 30161
Category Electronics
Published Date May 2019
Updated Date Aug 2020
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