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Global Monitoring Relays Market Growth 2019-2024
SKU ID : LPI-13870758 | Publishing Date : 19-Feb-2019 | No. of pages : 135
Monitoring Relays are an inexpensive solution for numerous monitoring functions. They ensure error-free and cost-effective operation of system.
With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
Monitoring Relays are an inexpensive solution for numerous monitoring functions. They ensure error-free and cost-effective operation of system. With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
In terms of volume, the Three Phase segment accounts bigger market share than Single Phase, Temperature / Thermistor and Power & Power Factor segment, in 2012 Three Phase segment accounted for about 43.51% and about 46.32% in 2017.
In terms of applications, Building application is bigger than Manufacturing, Transportation and Power industry application, in 2012 Building application occupied about 36.55% share and in 2017 residential will occupy about 39.36% share. More efficient methods of heating, cooling, and general environmental control are more readily implemented in new construction, and has occurred more frequently in the developing regions in recent years.
According to this study, over the next five years the Monitoring Relays market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 170 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Monitoring Relays business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Monitoring Relays market by product type, application, key manufacturers and key regions and countries.
This study considers the Monitoring Relays value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Three Phase
Single Phase
Temperature/Thermistor
Power & Power Factor
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Manufacturing
Transportation
Power Industry
Building
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Omron
Eaton
ABB
Siemens
Finder
Schneider Electric
PHOENIX CONTACT
Banner
Pilz
Broyce Control
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Monitoring Relays consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Monitoring Relays market by identifying its various subsegments.
Focuses on the key global Monitoring Relays manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Monitoring Relays with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Monitoring Relays submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
Monitoring Relays are an inexpensive solution for numerous monitoring functions. They ensure error-free and cost-effective operation of system. With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
In terms of volume, the Three Phase segment accounts bigger market share than Single Phase, Temperature / Thermistor and Power & Power Factor segment, in 2012 Three Phase segment accounted for about 43.51% and about 46.32% in 2017.
In terms of applications, Building application is bigger than Manufacturing, Transportation and Power industry application, in 2012 Building application occupied about 36.55% share and in 2017 residential will occupy about 39.36% share. More efficient methods of heating, cooling, and general environmental control are more readily implemented in new construction, and has occurred more frequently in the developing regions in recent years.
According to this study, over the next five years the Monitoring Relays market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 170 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Monitoring Relays business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Monitoring Relays market by product type, application, key manufacturers and key regions and countries.
This study considers the Monitoring Relays value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Three Phase
Single Phase
Temperature/Thermistor
Power & Power Factor
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Manufacturing
Transportation
Power Industry
Building
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Omron
Eaton
ABB
Siemens
Finder
Schneider Electric
PHOENIX CONTACT
Banner
Pilz
Broyce Control
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Monitoring Relays consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Monitoring Relays market by identifying its various subsegments.
Focuses on the key global Monitoring Relays manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Monitoring Relays with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Monitoring Relays submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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