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<br>According to a new market report published by Transparency Market Research “Relays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the relays market was valued at US$9.41 bn in 2014, which is expected to reach US$16.24 bn by 2021, growing at a CAGR of 7.7% from 2015 to 2021.
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Transparency Market Research Relays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 Published Date 2015-10-19 85 Page Report Request Sample Buy Now Press Release Stimulated by Solar Energy Projects, Relays Market to reach US$16.24 bn globally by 2021 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Relays Market REPORT DESCRIPTION According to a new market report published by Transparency Market Research “Relays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the relays market was valued at US$9.41 bn in 2014, which is expected to reach US$16.24 bn by 2021, growing at a CAGR of 7.7% from 2015 to 2021. The relays market is primarily driven by the rising demand for solar projects globally. With the increasing need of eco-friendly and green energy, for example, solar energy and wind energy, the demand for relays is showing tremendous growth in the global market. High capacity power relays are used to cut off safely the high DC voltages used in solar applications. The main reason for cutting the panels includes emergency response, bypassing and maintenance of the panels efficiently. In addition, multi band wireless technology is also an important factor in driving the growth of relays globally. Moreover, smart grids have also created healthy growth in relays market. Rising demand for electricity led to the implementation of smart grids. These grids need to be protected from overload of current or any faults, which is possible if relays are used in the grids. Relays-market Browse Full Relays Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/relays-market.html The relays market is segmented on the basis of product type into: latching relays, solid state relay, automotive relay, overload protection relay, electro mechanical relays and others. Among these, electromechanical relay held the largest market share followed by automotive relays, solid state relay, overload protection relays, latching relay and others as of 2014. Demand for electromechanical relay is high as they are more reliable and easy to setup. The relays market is further segmented on the basis of application into: military, industrial automation, electronics and others. The industrial automation held the highest market share in 23.2% in 2014. The industrial automation is followed by electronics, military and others segment. Exponential growth in the industrial sector and increasing need for automation in this sector are the major factors driving the global relays market. 2 Transparency Market Research
Relays Market Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the World. In 2014, Asia Pacific held the largest market share in global relays market. The factors responsible for the growth in relays market include the increasing demand for solar projects and implementation of smart grids. China, India and Japan are the leading countries in Asia Pacific relays market contributing to generate maximum market revenue. Moreover, the Asia Pacific relays market is followed by Europe, North America and Rest of the World. In 2014, Europe accounted for the market share of 25.1% and is expected to witness healthy growth during the forecast period. Browse Full Press Release : http://www.transparencymarketresearch.com/pressrelease/relays-market.htm Some of the leading players in the global relays market include Comus International Inc. (U.S.), Coto Technology Inc. (U.S.), Crydom Inc. (U.S.), StandexMeder Electronics GmbH (Germany), Alstom S.A. (France), Siemens AG (Germany), Omron Corp. (Japan), Schneider Electric SE (France), Fujitsu Ltd. (Japan) and Teledyne Relays Inc. (U.S) among others. The report provides estimates in terms of revenue (USD Billion) from 2015 to 2021 by studying the global relays market. The global relays market has been segmented as follows: Global Relays Market: By Product Type Latching relay Solid state relay Automotive relay Overload protection relay Electromechanical relay Others Global Relays Market: By Application 3 Transparency Market Research
Relays Market Military Industrial automation Electronics Others The report provides a cross sectional analysis of all the above segments with respect to the below mentioned regions. Global Relays Market: By Geography/ Country North America U.S. Canada Rest of North America Europe U.K. Italy Spain France Germany Rest of Europe Asia Pacific India China Japan 4 Transparency Market Research
Relays Market Rest of Asia Pacific Rest of the World Latin America Middle East Rest of Rest of the World Request a Sample of this Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=7190 Table of Contents 1. Preface 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 2. Executive Summary 2.1. Global Relays Market Snapshot 2.2. Global Relays Market Revenue, 2014 – 2021 (US$ Billion) and Year-on-Year Growth (%) 3. Global Relays Market Overview 3.1. Introduction 3.2. Key Trends Analysis 3.3. Market Drivers 3.4. Market Restraints 3.5. Market Opportunities 3.6. Market Attractiveness Analysis for Global Relays Market 5 Transparency Market Research
Relays Market 3.7. Competitive Landscape 4. Global Relays Market Revenue, By product types, 2014 – 2021 (US$ Billion) 4.1. Overview 4.1.1. Revenue, 2014 – 2021 (US$ Billion) 4.1.2. Y-o-Y Growth, 2015 – 2021 (Value %) 4.1.3. Market Share, 2014 – 2021 (%) 4.2. Latching relay 4.3. Solid state relay 4.4. Automotive relay 4.5. Overload protection relay 4.6. Electromechanical relay 4.7. Others 5. Global Relays Market Revenue, By application, 2014 – 2021 (US$ Billion) 5.1. Overview 5.1.1. Revenue, 2014 – 2021 (US$ Billion) 5.1.2. Y-o-Y Growth, 2015 – 2021 (Value %) 5.1.3. Market Share, 2014 – 2021 (%) 5.1.4. Military 5.1.5. Industrial automation 5.1.6. Electronics 5.1.7. Others 6. Global Relays Market Revenue, By Geography, 2014 – 2021 (US$ Billion) 6.1. Overview 6.1.1. Revenue, 2014 – 2021 (US$ Billion) 6 Transparency Market Research
Relays Market 6.1.2. Y-o-Y Growth, 2015 – 2021 (Value %) 6.1.3. Market Share, 2014 – 2021 (%) 6.2. North America 6.2.1. U.S. 6.2.2. Canada 6.2.3. Others 6.3. Europe 6.3.1. EU5 (UK, Italy, Spain, France, and Germany) 6.3.2. Rest of Europe 6.4. Asia Pacific 6.4.1. India 6.4.2. China 6.4.3. Japan 6.4.4. Rest of Asia Pacific 6.5. RoW 6.5.1. Latin America 6.5.2. Middle-East 6.5.3. Rest of RoW 7. Company Profiles 7.1.1. Comus International 7.1.2. Company Details (HQ, Foundation Year, Employee Strength) 7.1.3. Market Presence, By Segment and Geography 7.1.4. Key Developments 7.1.5. Strategy and Historical Roadmap 7 Transparency Market Research
Relays Market 7.1.6. Revenue and Operating Profits * Similar details would be provided for all the players mentioned below 7.2. Coto Technology 7.3. Crydom Corp. 7.4. StandexMeder Electronics GmbH 7.5. Alstom SA 7.6. Siemens Ag 7.7. Omron Corp. 7.8. Schneider Electric SE 7.9. Fujitsu Ltd. 7.10. Teledyne Relays Inc. About Us Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 8 Transparency Market Research
Relays Market Contact: Mr. Atil Chaudhari 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 9 Transparency Market Research