The Relays Global Market Report 2021-31 by The Business Research Company describes and explains the global relays market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Relays Global Market Report 2022 covers relays market drivers, relays market trends, relays market segments, relays market growth rate, relays market major players, and relays market size.
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The relays market report provides in-depth analysis of the impact of COVID-19 on the global relays industry along with revised market numbers due to the effects of the coronavirus and the expected relays market growth numbers for 2022-2031.
The global relays market size is expected to grow from $6.29 billion in 2021 to $6.77 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. 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 market share is expected to reach $8.38 billion in 2026 at a CAGR of 5.5%.
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Relays Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the relays market segments-
1) By Type: Latching Relay, Solid State Relay, Automotive Relay, Overload Protection Relay, Electromechanical Relay, Others
2) By Application: Military, Industrial Automation, Electronics, Others
3) By Voltage: Low, Medium, High
4) By End-User: Utilities, Industrial, Railways, Others (Airports, Hospitals, Commercial Complexes and Data Centers)
List Of Tables
Table 1: Global Historic Market Growth, 2016-2021, $ Billion
Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
Table 3: Global Relays Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 4: Global Relays Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 5: Global Relays Market, Segmentation By Voltage, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 28: Omron Financial Performance
Table 29: Crydom Corp Financial Performance
Table 30: Comus International Financial Performance
Table 31: Eaton Financial Performance
Table 32: TE Connectivity Financial Performance
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