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Global Industrial Monitoring Relays Market 2024-2028

Publisher TechNavio
Published Jul 22, 2024
Length 176 Pages
SKU # INF19115225

Description

Global Industrial Monitoring Relays Market 2024-2028


Global Industrial Monitoring Relays Market 2024-2028

The industrial monitoring relays market is forecasted to grow by USD 418.4 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the industrial monitoring relays market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for safe and reliable monitoring devices for power equipment, rising demand for remote monitoring in power sector, and modernization of power network is increasing demand for monitoring relay.

Technavio's industrial monitoring relays market is segmented as below:
  • By End-user
  • Power industry
  • Oil and gas industry
  • Automotive industry
  • Chemical industry
  • Others
  • By Product
  • Voltage monitoring relays
  • Phase monitoring relays
  • Others
  • By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the emergence of iot based monitoring relays as one of the prime reasons driving the industrial monitoring relays market growth during the next few years. Also, increasing replacement of relays and fuses and increasing application of solid-state plug-in relays in automotive sector will lead to sizable demand in the market.

The report on the industrial monitoring relays market covers the following areas:
  • Industrial monitoring relays market sizing
  • Industrial monitoring relays market forecast
  • Industrial monitoring relays market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial monitoring relays market vendors that include ABB Ltd., AIC Technik Pvt. Ltd., ALSTOM SA, Banner Engineering Corp., Bender GmbH and Co. KG, Broyce Control, Coto Technology, Danfoss AS, Eaton Corp. Plc, FINDER SpA, Fujitsu Ltd., FURUKAWA Co. Ltd., General Electric Co., Macromatic Industrial Controls Inc., OMRON Corp., Phoenix Contact GmbH and Co. KG, Pilz GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Shenle Corp. Ltd., Siemens AG, TE Connectivity Ltd., and WEG S.A. Also, the industrial monitoring relays market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

176 Pages
    • Market overview
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global Industrial Monitoring Relays Market 2018 - 2022
    • End-user segment analysis 2018 - 2022
    • Product segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by End-user
    • Power industry - Market size and forecast 2023-2028
    • Oil and gas industry - Market size and forecast 2023-2028
    • Automotive industry - Market size and forecast 2023-2028
    • Chemical industry - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Market segments
    • Comparison by Product
    • Voltage monitoring relays - Market size and forecast 2023-2028
    • Phase monitoring relays - Market size and forecast 2023-2028
    • Others - Market size and forecast 2023-2028
    • Market opportunity by Product
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • India - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Market positioning of companies
    • ABB Ltd.
    • ALSTOM SA
    • Banner Engineering Corp.
    • Bender GmbH and Co. KG
    • Eaton Corp. Plc
    • FINDER SpA
    • FURUKAWA Co. Ltd.
    • Rockwell Automation Inc.
    • Schneider Electric SE
    • Siemens AG
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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