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Global Electromechanical and Solid-state Relay Market 2015-2019

Global Electromechanical and Solid-state Relay Market 2015-2019

About Electromechanical and Solid State Relay Device

A relay is a device designed for use in electrical circuits to register overcurrent, overvoltage, reverse power flow, and over- and under-frequency in order to avoid any major accidents or flashovers. It trips the circuit breaker when a fault is detected. If there is any discrepancy or abnormality in the voltage or current, the relay detects it and triggers an alarm. A circuit breaker is then used to switch the electrical power off to avoid damage to the system. There are different kinds of relays such as electromechanical relays and digital relays. Solid state relays are electronic switching devices that operate on application of a small external voltage across their control terminals. Solid state relays are smaller than electromechanical relays and are more reliable as they do not have any moving parts.

TechNavio's analysts forecast the Global Electromechanical and Solid State Relay market to grow at a CAGR of 5.50 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the Global Electromechanical and Solid State Relay market for the period 2015-2019. This report considers revenue obtained from:

  • Sales of Electromechanical and Solid State Relay
  • Support
  • Maintenance
  • Service
TechNavio's report, Global Electromechanical and Solid State Relay Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and growth prospects of the Global Electromechanical and Solid State Relay market in the APAC, Americas, and EMEA regions over the coming years. The report also includes a discussion of the key vendors operating in this market.Key Regions
  • Americas
  • APAC
  • EMEA
Key Vendors
  • ABB
  • Alstom Power
  • GE
Other Prominent Vendors
  • Littelfuse
  • Mitsubishi Electric
  • NR Electric
  • Schneider Electric
  • SEL
  • Siemens
Market Driver
  • Increased Investment in Renewable Energy Sources
  • For a full, detailed list, view our report
Market Challenge
  • Stringent Government Regulations and Enhanced Industry Standards
  • For a full, detailed list, view our report
Market Trend
  • Steady Shift from Electromechanical Relays to Digital Relays
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Electromechanical and Solid-state Relay Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Electromechanical and Solid-state Relay Market: ABB Ltd., Alstom Power and General Electric (GE) Co.

Other Prominent Vendors in the market are: Littelfuse, Mitsubishi Electric, NR Electric, Schneider Electric, SEL and Siemens.

Commenting on the report, an analyst from TechNavio’s team said: “Steady shift from electromechanical relays to digital relays is one of the major trends upcoming in the market. Adoption of digital relays at the new construction stage has increased worldwide because of extensive benefits such as high accuracy and reliability, high level of functional integration, signal storage capacity, a wide range of temperature operation, self-checking and adaptability, and flexibility in communicating with other digital equipment.”

According to the report, global investment in renewable sources of energy has risen over the years, which is expected to increase the demand for relays. Renewable power increases the reliability of power generation and minimizes pollution levels.

Further, the report states that stringent government regulations and the industry standards needed for manufacturing relays are factors hindering market growth. These regulations are mainly aimed at providing safe and energy-efficient relays in the market.

Companies Mentioned

ABB, Alstom Power, GE, Littelfuse , Mitsubishi Electric , NR Electric , Schneider Electric , SEL , Siemens

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Global Electromechanical and Solid-state Relay Market 2014-2019 (US$ million)
    • Five Forces Analysis
  • Market Segmentation by Product
    • Table Global Electromechanical and Solid-state Relay Market by Product 2014
    • Table Global Electromechanical and Solid-state Relay Market by Product 2014-2019
    • Global Electromechanical Relay Market
      • Market Size and Forecast
        • Table Global Electromechanical Relay Market 2014-2019 (US$ million)
    • Global Solid-state Relay Market
      • Market Size and Forecast
        • Table Global Solid-state Relay Market 2014-2019 (US$ million)
  • Geographical Segmentation
    • Table Global Electromechanical and Solid-state Relay Market by Geographical Segmentation 2014
    • Table Global Electromechanical and Solid-state Relay Market by Geographical Segmentation 2014-2019
    • Electromechanical and Solid-state Relay Market in APAC Region
      • Market Size and Forecast
        • Table Electromechanical and Solid-state Relay Market in APAC Region 2014-2019 (US$ million)
    • Electromechanical and Solid-state Relay Market in Americas
      • Market Size and Forecast
        • Table Electromechanical and Solid-state Relay Market in Americas 2014-2019 (US$ million)
    • Electromechanical and Solid-state Relay Market in EMEA Region
      • Market Size and Forecast
        • Table Electromechanical and Solid-state Relay Market in EMEA Region 2014-2019 (US$ million)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ABB
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table ABB: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2011-2013
        • Table ABB: Business Segmentation by Revenue 2011-2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table ABB: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • Alstom
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Alstom: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Alstom: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Alstom: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • GE
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table GE: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table GE: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table GE: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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