Learn about the global Relay And Industrial Controls market through The Business Research Company, which provides information on relay and industrial controls market size, relay and industrial controls market drivers and restraints, relay and industrial controls market players, the COVID-19 impact on the relay and industrial controls market, and more.

The global relay and industrial controls market size is expected to grow from $134.85 billion in 2021 to $148.24 billion in 2022 at a compound annual growth rate (CAGR) of 9.9%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The relay and industrial control market is expected to reach $199.07 billion in 2026 at a CAGR of 7.6%. The relay and industrial control manufacturing market is expected to be supported by rapid growth in investments in smart city projects in many countries globally.

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The relay and industrial control market consists of sales of relays and industrial controls and related services which are used in various industries such as military, industrial automation, mining, electronics, and semiconductors. The relay and industrial control establishments are primarily engaged in the manufacturing of relays, industrial controls, motor starters, controllers, and control accessories. Relays include PCB power relays, signal relays, and plugin relays and Industrial control systems (ICS) include networks, devices, and systems used to operate and/or automate industrial processes.

Global Relay And Industrial Controls Market Segments Include:

By Application: Automotive, Industrial, Communications, Household Appliance, Others

By Control System: Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Manufacturing Execution System (MES)

By Component: Modular Terminal Blocks, Relays and Optocouplers, Surge Protectors, Marking Systems, Printing, Ferulles Cable Lugs, Handtools, Testers, Enclosure Products, PCB Connectors and Terminals, Heavy Duty Connectors, Analog Signal Conditioner, Electronics Housing, Power Supplies, Industrial Etherne, Remote IO

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the relay and industrial control market in 2021.

Plug-in relays are increasingly being used in the automotive sector due to their light weight compared to electromechanical relays. These relays can handle high-rated current and operating voltage similar to that of electromechanical type relays. Plug-in relays are being used in automobile applications such as electrically heated catalytic converters, heater controls, windscreen wipers, motors and pumps, and body electronics, such as door locks, seat controls, window lifters and others.

TBRC’s relay and industrial controls market report covers:

Major Market Players: ABB Ltd, Siemens, Honeywell International Incorporation, Emerson Electric Company, Schneider Electric SA, Mitsubishi Electric Factory Automation, Omron Corporation, Rockwell Automation, Yokogawa Electric Corporation, and Fuji Electric.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Relay And Industrial Controls Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides relay and industrial controls market overviews, analyzes and forecasts market size, share, relay and industrial controls market players, relay and industrial controls market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s relay and industrial controls market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Relays Global Market Report 2022

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