デフォルト表紙
市場調査レポート
商品コード
1388168

リレー市場、シェア、規模、動向、産業分析レポート:電圧範囲別、タイプ別、用途別、実装タイプ別、地域別、セグメント予測、2023年~2032年

Relay Market Share, Size, Trends, Industry Analysis Report, By Voltage Range (Low, Medium, High); By Type; By Application; By Mounting Type; By Region; Segment Forecast, 2023 - 2032

出版日: | 発行: Polaris Market Research | ページ情報: 英文 117 Pages | 納期: 即日から翌営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=156.58円
リレー市場、シェア、規模、動向、産業分析レポート:電圧範囲別、タイプ別、用途別、実装タイプ別、地域別、セグメント予測、2023年~2032年
出版日: 2023年10月23日
発行: Polaris Market Research
ページ情報: 英文 117 Pages
納期: 即日から翌営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Polaris market researchの最新調査によると、世界のリレー市場規模は2032年までに164億3,000万米ドルに達する見込みです。この調査レポートは、現在の市場力学を詳細に洞察し、将来の市場成長に関する分析を提供しています。

世界の電力需要は2032年までに倍増すると予測されており、この予測需要を満たすために約10兆米ドルの投資が必要となります。これに対応するため、中東、アジア太平洋、アフリカでは発電能力の増強に向けて多額の投資が行われています。エジプトやオマーンといった国々は従来型発電に力を入れ、中国、インド、南アフリカは電力需要の増加に対応するため再生可能エネルギー発電に投資しています。

信頼性の高い電力供給とグリッド管理の強化を追求するため、世界の電力会社はスマートグリッド・インフラへの投資を進めています。世界中の大手電力会社がこうした投資への取り組みを表明しており、広範なデータ収集、ピアツーピア通信、グリッドコンポーネントの遠隔操作を通じて、グリッドの監視と制御を強化することを目指しています。数値リレーは、電圧や電流などのグリッド・パラメータをリアルタイムで収集し、そのデータを保存、分析し、あらかじめ設定されたトリップ設定に従って応答することができるため、グリッドの自動化とデジタル化プロジェクトにおいて重要な役割を果たします。こうした機能と費用対効果により、数値リレーは世界のリレー市場に大きな成長機会をもたらしています。

COVID-19の出現により、世界のリレー市場はマイナスの影響を受けた。さまざまなタイプのリレーの主要ユーザーである産業が大幅に低迷したことが、世界のリレー市場全体の落ち込みにつながっています。さらに、2020年から2021年初頭にかけて、多くの国が感染拡大対策のために操業停止を実施したため、パンデミックは再生可能エネルギー分野の重要なプロジェクトの停止につながっています。とはいえ、さまざまな地域の産業が徐々に再開され、サプライチェーンの課題が緩和されつつあります。とはいえ、パンデミックによる混乱は、少なくとも短期的には市場に影響を与え続けると予想されます。

さらに、2021年6月にNational Library of Medicineに掲載された研究では、冠動脈疾患(CAD)が世界の健康に与える影響の大きさが強調されました。CADだけで、年間約61万人が死亡しており、推定死亡者数の4人に1人を占め、米国における死亡原因の第一位となっています。CADの罹患率が上昇するにつれ、この差し迫った医療ニーズに対処するための効果的なリレー機器に対する需要が高まっています。その結果、この要因が予測期間を通じてリレー需要を促進すると予測されています。

リレー市場レポートハイライト

2022年には、サーマルリレーセグメントが収益シェアを独占しました。これらのリレーは、モーターや様々な電気機器または回路の過負荷に対する保護手段として機能します。過負荷は通常、これらの機器や回路が異常動作したときに発生し、モータ速度の低下、巻線電流の増加、巻線温度の上昇につながります。過負荷の継続時間が短い場合、電流の上昇は緩やかであり、モータの巻線温度は許容レベル内に留まるため、過負荷は管理可能です。サーマルリレーは、このような過負荷状態に対応するために特別に設計されています。

市場セグメンテーションでは、予測期間を通じて高圧分野がトップシェアを占めています。高圧リレーは、1kV~33kVの電圧範囲向けに設計された保護装置です。これらのリレーは通常、低電圧を特徴とするネットワークに配備され、しばしば高圧リレーと同様の用途を見出します。配電ユーティリティにおいて重要な役割を果たし、その主な目的は配電変圧器、フィーダ、バスバー、およびさまざまな電気コンポーネントを保護することです。さらに、これらのリレーは、鉱業、発電、石油・ガス産業などのエネルギー集約型部門でも不可欠です。

DINレールセグメントは、予測期間を通じて圧倒的な市場シェアを確保しました。DINレール取り付けは、1つのDINレールに複数のタイマーを積み重ねることができる汎用性の高いソリューションであり、幅広い用途に利用できる貴重なツールです。DINレールマウントリレーは、商業用やキャビネットの計時などの作業で幅広く使用されており、配電盤、産業用制御キャビネット、メーターキャビネット、制御盤の製造業者にとって特に重要です。さらに、DINレールは、さまざまなコンポーネントを1つのデータロガーターミナルに接続し、配電ネットワークを構築し、電源、コンディショナー、サーキットブレーカーなどの機器の設置を合理化する上で重要な役割を果たしています。

2022年には、アジア太平洋地域が最大の市場シェアを占めました。今後、アジア太平洋地域は市場で大きな存在感を維持する構えです。アジア太平洋地域のリレー市場におけるこの成長は、主に再生可能エネルギー源の容量拡大によってもたらされています。さらに、グリッド・インフラ・プロジェクトの急増と、IEC 61850規格に準拠した変電所自動化への強いコミットメントが、同地域の市場拡大を促進すると予想されます。アジア太平洋で急成長する再生可能エネルギー部門は、リレーメーカーに有利なビジネスチャンスをもたらしています。

目次

第1章 イントロダクション

第2章 エグゼクティブサマリー

第3章 調査手法

第4章 世界のリレー市場の洞察

  • リレー - 業界スナップショット
  • リレー市場力学
    • 促進要因と機会
      • 再生可能エネルギー源への資本配分を増やすことで市場の成長が促進される
      • 電力需要の増大とスマートグリッドインフラへの投資が増加中
    • 抑制要因と課題
      • 組織化されていないセクターによる競合の激化により、成長が制限される可能性がある
  • PESTLE分析
  • リレー業界の動向
  • バリューチェーン分析
  • COVID-19感染症の影響分析

第5章 世界のリレー市場、電圧範囲別

  • 主な調査結果
  • イントロダクション

第6章 世界のリレー市場、用途別

  • 主な調査結果
  • イントロダクション
  • 自動車
  • 建築設備
  • 再生可能エネルギー
  • 医学
  • テスト・測定
  • マイニング
  • 家庭用器具
  • 食品・飲料
  • 産業用
  • その他

第7章 世界のリレー市場、実装タイプ別

  • 主な調査結果
  • イントロダクション
  • DINレール
  • パネル
  • プリント基板
  • プラグイン
  • その他

第8章 世界のリレー市場、タイプ別

  • 主な調査結果
  • イントロダクション
  • 電気機械
  • リード
  • 時間
  • MEMSリレー
  • その他

第9章 世界のリレー市場、地域別

  • 主な調査結果
  • イントロダクション
    • リレー市場評価、地域別、2019年~2032年
  • リレー市場 - 北米
    • 北米:リレー市場、電圧範囲別、2019年~2032年
    • 北米:リレー市場、タイプ別、2019年~2032年
    • 北米:リレー市場、用途別、2019年~2032年
    • 北米:リレー市場、実装タイプ別、2019年~2032年
    • リレー市場 - 米国
    • リレー市場 - カナダ
  • リレー市場 - 欧州
    • 欧州:リレー市場、電圧範囲別、2019年~2032年
    • 欧州:リレー市場、タイプ別、2019年~2032年
    • 欧州:リレー市場、用途別、2019年~2032年
    • 欧州:リレー市場、実装タイプ別、2019年~2032年
    • リレー市場 - 英国
    • リレー市場 - フランス
    • リレー市場 - ドイツ
    • リレー市場 - イタリア
    • リレー市場 - スペイン
    • リレー市場 - オランダ
    • リレー市場 - ロシア
  • リレー市場 - アジア太平洋
    • アジア太平洋:リレー市場、電圧範囲別、2019年~2032年
    • アジア太平洋:リレー市場、タイプ別、2019年~2032年
    • アジア太平洋:リレー市場、用途別、2019年~2032年
    • アジア太平洋:リレー市場、実装タイプ別、2019年~2032年
    • リレー市場 - 中国
    • リレー市場 - インド
    • リレー市場 - 日本
    • リレー市場 - マレーシア
    • リレー市場 - インドネシア
    • リレー市場 - 韓国
  • リレー市場 - 中東・アフリカ
    • 中東・アフリカ:リレー市場、電圧範囲別、2019年~2032年
    • 中東・アフリカ:リレー市場、タイプ別、2019年~2032年
    • 中東・アフリカ:リレー市場、用途別、2019年~2032年
    • 中東・アフリカ:リレー市場、実装タイプ別、2019年~2032年
    • リレー市場 - サウジアラビア
    • リレー市場 - 南アフリカ
    • リレー市場 - イスラエル
    • リレー市場 - アラブ首長国連邦
  • リレー市場 - ラテンアメリカ
    • ラテンアメリカ:リレー市場、電圧範囲別、2019年~2032年
    • ラテンアメリカ:リレー市場、タイプ別、2019年~2032年
    • ラテンアメリカ:リレー市場、用途別、2019年~2032年
    • ラテンアメリカ:リレー市場、実装タイプ別、2019年~2032年
    • リレー市場 - メキシコ
    • リレー市場 - ブラジル
    • リレー市場 - アルゼンチン

第10章 競合情勢

  • 拡張と買収の分析
    • 拡大
    • 買収
  • 提携/協業/合意/公開

第11章 企業プロファイル

  • ABB
  • Eaton Corporation
  • Electronic Relays India(ERI)
  • GE
  • Omron
  • Phoenix Contact
  • Schneider Electric
  • SEL
  • Siemens
  • TE Connectivity
図表

List of Tables

  • Table 1 Global Relay Market, by Voltage Range, by Region, 2019-2032 (USD Billion)
  • Table 2 Global Relay Market, by Application, by Region, 2019-2032 (USD Billion)
  • Table 3 Global Relay Market, by Mounting Type, by Region, 2019-2032 (USD Billion)
  • Table 4 Global Relay Market, by Type, by Region, 2019-2032 (USD Billion)
  • Table 5 Relay Market Assessment, By Geography, 2019-2032 (USD Billion)
  • Table 6 North America: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 7 North America: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 8 North America: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 9 North America: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 10 U.S.: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 11 U.S.: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 12 U.S.: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 13 U.S.: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 14 Canada: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 15 Canada: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 16 Canada: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 17 Canada: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 18 Europe: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 19 Europe: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 20 Europe: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 21 Europe: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 22 Germany: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 23 Germany: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 24 Germany: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 25 Germany: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 26 France: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 27 France: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 28 France: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 29 France: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 30 UK: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 31 UK: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 32 UK: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 33 UK: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 34 Italy: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 35 Italy: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 36 Italy: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 37 Italy: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 38 Netherlands: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 39 Netherlands: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 40 Netherlands: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 41 Netherlands: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 42 Spain: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 43 Spain: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 44 Spain: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 45 Spain: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 46 Russia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 47 Russia: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 48 Russia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 49 Russia: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 50 Asia Pacific: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 51 Asia Pacific: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 52 Asia Pacific: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 53 Asia Pacific: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 54 China: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 55 China: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 56 China: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 57 China: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 58 Japan: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 59 Japan: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 60 Japan: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 61 Japan: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 62 India: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 63 India: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 64 India: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 65 India: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 66 Indonesia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 67 Indonesia: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 68 Indonesia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 69 Indonesia: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 70 Malaysia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 71 Malaysia: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 72 Malaysia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 73 Malaysia: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 74 South Korea: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 75 South Korea: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 76 South Korea: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 77 South Korea: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 78 Latin America: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 79 Latin America: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 80 Latin America: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 81 Latin America: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 82 Brazil: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 83 Brazil: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 84 Brazil: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 85 Brazil: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 86 Mexico: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 87 Mexico: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 88 Mexico: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 89 Mexico: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 90 Argentina: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 91 Argentina: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 92 Argentina: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 93 Argentina: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 94 Middle East & Africa: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 95 Middle East & Africa: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 96 Middle East & Africa: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 97 Middle East & Africa: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 98 UAE: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 99 UAE: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 100 UAE: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 101 UAE: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 102 Saudi Arabia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 103 Saudi Arabia: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 104 Saudi Arabia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 105 Saudi Arabia: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 106 South Africa: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 107 South Africa: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 108 South Africa: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 109 South Africa: Relay Market, by Type, 2019-2032 (USD Billion)
  • Table 110 Israel: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • Table 111 Israel: Relay Market, by Application, 2019-2032 (USD Billion)
  • Table 112 Israel: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • Table 113 Israel: Relay Market, by Type, 2019-2032 (USD Billion)

List of Figures

  • Figure 1. Global Relay Market, 2019-2032 (USD Billion)
  • Figure 2. Integrated Ecosystem
  • Figure 3. Research Methodology: Top-Down & Bottom-Up Type
  • Figure 4. Market by Geography
  • Figure 5. Porter's Five Forces
  • Figure 6. Market by Voltage Range
  • Figure 7. Global Relay Market, by Voltage Range, 2021 & 2030 (USD Billion)
  • Figure 8. Market by Type
  • Figure 9. Global Relay Market, by Type, 2021 & 2030 (USD Billion)
  • Figure 10. Market by Application
  • Figure 11. Global Relay Market, by Application, 2021 & 2030 (USD Billion)
  • Figure 12. Market by Mounting Type
  • Figure 13. Global Relay Market, by Mounting Type, 2021 & 2030 (USD Billion)
目次
Product Code: PM3863

The global relay market size is expected to reach USD 16.43 billion by 2032, according to a new study by Polaris market research. The report "Relay Market Share, Size, Trends, Industry Analysis Report, By Voltage Range (Low, Medium, High); By Type; By Application; By Mounting Type; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global power demand is anticipated to double by 2032, necessitating an investment of approximately USD 10 trillion to meet this projected demand. To address this, significant investments have been directed toward increasing power generation capacities in the Middle East, Asia Pacific, and Africa. Countries such as Egypt and Oman are focusing on conventional power generation, while China, India, and South Africa are investing in renewable power generation to keep pace with the growing power demand.

In the pursuit of reliable power supply and enhanced grid management, utilities worldwide are channeling investments into smart grid infrastructure. Major utility companies across the globe have announced their commitment to these investments, aiming to enhance grid monitoring and control through extensive data collection, peer-to-peer communication, and remote operation of grid components. Numerical relays play a crucial role in grid automation and digitization projects, as they can collect real-time grid parameters such as voltage and current, store this data, analyze it, and respond according to preset trip settings. With these capabilities and their cost-effectiveness, numerical relays offer significant growth opportunities within the global relay market.

The global relay market experienced a negative impact due to the emergence of COVID-19. The significant downturn in industries that are major users of various relay types contributed to the overall decline in the global relay market. Additionally, the pandemic led to the suspension of critical projects in the renewable energy sector, as many countries implemented lockdowns to combat the disease's spread during 2020 and early 2021. Nevertheless, industries in various regions are gradually reopening, alleviating supply chain challenges. Nonetheless, the disruptions caused by the pandemic are expected to continue influencing the market, at least in the short term.

Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Relay devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Relays throughout the forecast period.

Relay Market Report Highlights

In 2022, the Thermal relays segment dominated the revenue share. These relays act as a protective measure against overloads in motors and various electrical equipment or circuits. Overloads typically arise when these devices or circuits operate abnormally, leading to reduced motor speed, increased current in the winding, and elevated winding temperatures. If the overload duration is short, the current rise is moderate, and the motor winding temperature stays within acceptable levels, making the overload manageable. Thermal relays are specifically designed to address such overload conditions.

The Medium voltage segment claimed the leading market share throughout the projected period. Medium voltage relays are protective devices designed for voltage ranges between 1 kV and 33 kV. These relays are typically deployed in networks characterized by lower voltages and often find similar applications to high-voltage relays. They play a crucial role within distribution utilities, where their primary purpose is to safeguard distribution transformers, feeders, busbars, and various electrical components. Additionally, these relays are indispensable in energy-intensive sectors like mining, power generation, and the oil and gas industry.

The DIN Rail segment secured the dominant market share throughout the forecast period. DIN rail mounting provides a versatile solution, enabling the stacking of multiple timers on a single DIN rail, making it a valuable tool for a wide range of applications. DIN rail-mounted relays find extensive use in tasks such as commercial and cabinet timing, making them particularly vital for manufacturers of power distribution boards, industrial control cabinets, meter cabinets, and control panels. Furthermore, DIN rails serve a crucial role in linking various components to a single datalogger terminal, creating power distribution networks, and streamlining the installation of equipment like power supplies, conditioners, and circuit breakers.

In 2022, Asia Pacific claimed the largest market share. Looking ahead, the Asia-Pacific region is poised to maintain a significant market presence. This growth within the relay market in Asia-Pacific is primarily driven by the expanding capacity of renewable energy sources. Moreover, an upsurge in grid infrastructure projects and a strong commitment to substation automation in accordance with the IEC 61850 standard are expected to propel market expansion in the region. The burgeoning renewable energy sector in Asia-Pacific presents lucrative opportunities for relay manufacturers, as relays find extensive applications thanks to their ability to provide substantial contact gaps and robust switching capabilities.

The global key market players include: ABB, Eaton Corporation, Electronic Relays India (ERI), GE, Omron, Phoenix Contact, Schneider Electric, SEL, Siemens, and TE Connectivity.

Polaris market research has segmented the Relay market report based on type, application, voltage range, mounting type, and region:

Relay, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Electromechanical
  • Thermal
  • Reed
  • Time
  • MEMS Relay
  • Others

Relay, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Automotive
  • Building Equipment
  • Renewables
  • Medical
  • Test & Measurements
  • Mining
  • Household Appliances
  • Food & Beverages
  • Industrial
  • Others

Relay, Voltage Range Outlook (Revenue - USD Billion, 2019 - 2032)

  • Low
  • Medium
  • High

Relay, Mounting Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • DIN Rail
  • Panel
  • PCB
  • Plug-In
  • Others

Relay, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Table of Contents

1. Introduction

  • 1.1. Report Description
    • 1.1.1. Objectives of the Study
    • 1.1.2. Market Scope
    • 1.1.3. Assumptions
  • 1.2. Stakeholders

2. Executive Summary

  • 2.1. Market Highlights

3. Research Methodology

  • 3.1. Overview
    • 3.1.1. Data Mining
  • 3.2. Data Sources
    • 3.2.1. Primary Sources
    • 3.2.2. Secondary Sources

4. Global Relay Market Insights

  • 4.1. Relay - Industry Snapshot
  • 4.2. Relay Market Dynamics
    • 4.2.1. Drivers and Opportunities
      • 4.2.1.1. Increasing capital allocation to renewable energy sources will Facilitate Market Growth
      • 4.2.1.2. The growing power demand and investments in smart grid infrastructure are on the rise
    • 4.2.2. Restraints and Challenges
      • 4.2.2.1. The unorganized sector is presenting heightened competition might Restrict Growth
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers (Moderate)
    • 4.3.2. Threats of New Entrants: (Low)
    • 4.3.3. Bargaining Power of Buyers (Moderate)
    • 4.3.4. Threat of Substitute (Moderate)
    • 4.3.5. Rivalry among existing firms (High)
  • 4.4. PESTLE Analysis
  • 4.5. Relay Industry Trends
  • 4.6. Value Chain Analysis
  • 4.7. COVID-19 Impact Analysis

5. Global Relay Market, by Voltage Range

  • 5.1. Key Findings
  • 5.2. Introduction
    • 5.2.1. Global Relay Market, by Voltage Range, 2019-2032 (USD Billion)
  • 5.3. Low
    • 5.3.1. Global Relay Market, by Low, by Region, 2019-2032 (USD Billion)
  • 5.4. Medium
    • 5.4.1. Global Relay Market, by Medium, by Region, 2019-2032 (USD Billion)
  • 5.5. High
    • 5.5.1. Global Relay Market, by High, by Region, 2019-2032 (USD Billion)

6. Global Relay Market, by Application

  • 6.1. Key Findings
  • 6.2. Introduction
    • 6.2.1. Global Relay Market, by Application, 2019-2032 (USD Billion)
  • 6.3. Automotive
    • 6.3.1. Global Relay Market, by Automotive, by Region, 2019-2032 (USD Billion)
  • 6.4. Building Equipment
    • 6.4.1. Global Relay Market, by Building Equipment, by Region, 2019-2032 (USD Billion)
  • 6.5. Renewables
    • 6.5.1. Global Relay Market, by Renewables, by Region, 2019-2032 (USD Billion)
  • 6.6. Medical
    • 6.6.1. Global Relay Market, by Medical, by Region, 2019-2032 (USD Billion)
  • 6.7. Test & Measurements
    • 6.7.1. Global Relay Market, by Test & Measurements, by Region, 2019-2032 (USD Billion)
  • 6.8. Mining
    • 6.8.1. Global Relay Market, by Mining, by Region, 2019-2032 (USD Billion)
  • 6.9. Household Appliances
    • 6.9.1. Global Relay Market, by Household Appliances, by Region, 2019-2032 (USD Billion)
  • 6.10. Food & Beverages
    • 6.10.1. Global Relay Market, by Food & Beverages, by Region, 2019-2032 (USD Billion)
  • 6.11. Industrial
    • 6.11.1. Global Relay Market, by Industrial, by Region, 2019-2032 (USD Billion)
  • 6.12. Others
    • 6.12.1. Global Relay Market, by Others, by Region, 2019-2032 (USD Billion)

7. Global Relay Market, by Mounting Type

  • 7.1. Key Findings
  • 7.2. Introduction
    • 7.2.1. Global Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • 7.3. DIN Rail
    • 7.3.1. Global Relay Market, by DIN Rail, by Region, 2019-2032 (USD Billion)
  • 7.4. Panel
    • 7.4.1. Global Relay Market, by Panel, by Region, 2019-2032 (USD Billion)
  • 7.5. PCB
    • 7.5.1. Global Relay Market, by PCB, by Region, 2019-2032 (USD Billion)
  • 7.6. Plug-In
    • 7.6.1. Global Relay Market, by Plug-In, by Region, 2019-2032 (USD Billion)
  • 7.7. Others
    • 7.7.1. Global Relay Market, by Others, by Region, 2019-2032 (USD Billion)

8. Global Relay Market, by Type

  • 8.1. Key Findings
  • 8.2. Introduction
    • 8.2.1. Global Relay Market, by Type, 2019-2032 (USD Billion)
  • 8.3. Electromechanical
    • 8.3.1. Global Relay Market, by Electromechanical, by Region, 2019-2032 (USD Billion)
  • 8.4. Thermal
    • 8.4.1. Global Relay Market, by Thermal, by Region, 2019-2032 (USD Billion)
  • 8.5. Reed
    • 8.5.1. Global Relay Market, by Reed, by Region, 2019-2032 (USD Billion)
  • 8.6. Time
    • 8.6.1. Global Relay Market, by Time, by Region, 2019-2032 (USD Billion)
  • 8.7. MEMS Relay
    • 8.7.1. Global Relay Market, by MEMS Relay, by Region, 2019-2032 (USD Billion)
  • 8.8. Others
    • 8.8.1. Global Relay Market, by Others, by Region, 2019-2032 (USD Billion)

9. Global Relay Market, by Geography

  • 9.1. Key findings
  • 9.2. Introduction
    • 9.2.1. Relay Market Assessment, By Geography, 2019-2032 (USD Billion)
  • 9.3. Relay Market - North America
    • 9.3.1. North America: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
    • 9.3.2. North America: Relay Market, by Type, 2019-2032 (USD Billion)
    • 9.3.3. North America: Relay Market, by Application, 2019-2032 (USD Billion)
    • 9.3.4. North America: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.3.5. Relay Market - U.S.
      • 9.3.5.1. U.S.: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.3.5.2. U.S.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.3.5.3. U.S.: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.3.5.4. U.S.: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.3.6. Relay Market - Canada
      • 9.3.6.1. Canada: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.3.6.2. Canada: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.3.6.3. Canada: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.3.6.4. Canada: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • 9.4. Relay Market - Europe
    • 9.4.1. Europe: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
    • 9.4.2. Europe: Relay Market, by Type, 2019-2032 (USD Billion)
    • 9.4.3. Europe: Relay Market, by Application, 2019-2032 (USD Billion)
    • 9.4.4. Europe: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.5. Relay Market - UK
      • 9.4.5.1. UK: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.5.2. UK: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.5.3. UK: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.5.4. UK: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.6. Relay Market - France
      • 9.4.6.1. France: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.6.2. France: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.6.3. France: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.6.4. France: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.7. Relay Market - Germany
      • 9.4.7.1. Germany: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.7.2. Germany: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.7.3. Germany: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.7.4. Germany: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.8. Relay Market - Italy
      • 9.4.8.1. Italy: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.8.2. Italy: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.8.3. Italy: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.8.4. Italy: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.9. Relay Market - Spain
      • 9.4.9.1. Spain: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.9.2. Spain: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.9.3. Spain: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.9.4. Spain: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.10. Relay Market - Netherlands
      • 9.4.10.1. Netherlands: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.10.2. Netherlands: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.10.3. Netherlands: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.10.4. Netherlands: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.4.11. Relay Market - Russia
      • 9.4.11.1. Russia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.4.11.2. Russia.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.4.11.3. Russia: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.4.11.4. Russia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • 9.5. Relay Market - Asia Pacific
    • 9.5.1. Asia Pacific: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
    • 9.5.2. Asia Pacific: Relay Market, by Type, 2019-2032 (USD Billion)
    • 9.5.3. Asia Pacific: Relay Market, by Application, 2019-2032 (USD Billion)
    • 9.5.4. Asia Pacific: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.5. Relay Market - China
      • 9.5.5.1. China: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.5.2. China.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.5.3. China: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.5.4. China: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.6. Relay Market - India
      • 9.5.6.1. India: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.6.2. India.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.6.3. India: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.6.4. India: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.7. Relay Market - Japan
      • 9.5.7.1. Japan: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.7.2. Japan.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.7.3. Japan: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.7.4. Japan: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.8. Relay Market - Malaysia
      • 9.5.8.1. Malaysia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.8.2. Malaysia.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.8.3. Malaysia: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.8.4. Malaysia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.9. Relay Market - Indonesia
      • 9.5.9.1. Indonesia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.9.2. Indonesia.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.9.3. Indonesia: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.9.4. Indonesia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.5.10. Relay Market - South Korea
      • 9.5.10.1. South Korea: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.5.10.2. South Korea.: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.5.10.3. South Korea: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.5.10.4. South Korea: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • 9.6. Relay Market - Middle East & Africa
    • 9.6.1. Middle East & Africa: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
    • 9.6.2. Middle East & Africa: Relay Market, by Type, 2019-2032 (USD Billion)
    • 9.6.3. Middle East & Africa: Relay Market, by Application, 2019-2032 (USD Billion)
    • 9.6.4. Middle East & Africa: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.6.5. Relay Market - Saudi Arabia
      • 9.6.5.1. Saudi Arabia: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.6.5.2. Saudi Arabia: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.6.5.3. Saudi Arabia: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.6.5.4. Saudi Arabia: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.6.6. Relay Market - South Africa
      • 9.6.6.1. South Africa: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.6.6.2. South Africa: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.6.6.3. South Africa: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.6.6.4. South Africa: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.6.7. Relay Market - Israel
      • 9.6.7.1. Israel: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.6.7.2. Israel: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.6.7.3. Israel: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.6.7.4. Israel: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.6.8. Relay Market - UAE
      • 9.6.8.1. UAE: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.6.8.2. UAE: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.6.8.3. UAE: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.6.8.4. UAE: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
  • 9.7. Relay Market - Latin America
    • 9.7.1. Latin America: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
    • 9.7.2. Latin America: Relay Market, by Type, 2019-2032 (USD Billion)
    • 9.7.3. Latin America: Relay Market, by Application, 2019-2032 (USD Billion)
    • 9.7.4. Latin America: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.7.5. Relay Market - Mexico
      • 9.7.5.1. Mexico: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.7.5.2. Mexico: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.7.5.3. Mexico: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.7.5.4. Mexico: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.7.6. Relay Market - Brazil
      • 9.7.6.1. Brazil: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.7.6.2. Brazil: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.7.6.3. Brazil: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.7.6.4. Brazil: Relay Market, by Mounting Type, 2019-2032 (USD Billion)
    • 9.7.7. Relay Market - Argentina
      • 9.7.7.1. Argentina: Relay Market, by Voltage Range, 2019-2032 (USD Billion)
      • 9.7.7.2. Argentina: Relay Market, by Type, 2019-2032 (USD Billion)
      • 9.7.7.3. Argentina: Relay Market, by Application, 2019-2032 (USD Billion)
      • 9.7.7.4. Argentina: Relay Market, by Mounting Type, 2019-2032 (USD Billion)

10. Competitive Landscape

  • 10.1. Expansion and Acquisition Analysis
    • 10.1.1. Expansion
    • 10.1.2. Acquisitions
  • 10.2. Partnerships/Collaborations/Agreements/Exhibitions

11. Company Profiles

  • 11.1. ABB
    • 11.1.1. Company Overview
    • 11.1.2. Financial Performance
    • 11.1.3. Product Benchmarking
    • 11.1.4. Recent Development
  • 11.2. Eaton Corporation
    • 11.2.1. Company Overview
    • 11.2.2. Financial Performance
    • 11.2.3. Product Benchmarking
    • 11.2.4. Recent Development
  • 11.3. Electronic Relays India (ERI)
    • 11.3.1. Company Overview
    • 11.3.2. Financial Performance
    • 11.3.3. Product Benchmarking
    • 11.3.4. Recent Development
  • 11.4. GE
    • 11.4.1. Company Overview
    • 11.4.2. Financial Performance
    • 11.4.3. Product Benchmarking
    • 11.4.4. Recent Development
  • 11.5. Omron
    • 11.5.1. Company Overview
    • 11.5.2. Financial Performance
    • 11.5.3. Product Benchmarking
    • 11.5.4. Recent Development
  • 11.6. Phoenix Contact
    • 11.6.1. Company Overview
    • 11.6.2. Financial Performance
    • 11.6.3. Product Benchmarking
    • 11.6.4. Recent Development
  • 11.7. Schneider Electric
    • 11.7.1. Company Overview
    • 11.7.2. Financial Performance
    • 11.7.3. Product Benchmarking
    • 11.7.4. Recent Development
  • 11.8. SEL
    • 11.8.1. Company Overview
    • 11.8.2. Financial Performance
    • 11.8.3. Product Benchmarking
    • 11.8.4. Recent Development
  • 11.9. Siemens
    • 11.9.1. Company Overview
    • 11.9.2. Financial Performance
    • 11.9.3. Product Benchmarking
    • 11.9.4. Recent Development
  • 11.10. TE Connectivity
    • 11.10.1. Company Overview
    • 11.10.2. Financial Performance
    • 11.10.3. Product Benchmarking
    • 11.10.4. Recent Development