A relay is an electrically operated switch. Many relays use an electromagnet to mechanically operate a switch, but other operating principles are also used, such as solid-state relays. Relays are used where it is necessary to control a circuit by a low-power signal (with complete electrical isolation between control and controlled circuits), or where several circuits must be controlled by one signal. The first relays were used in long distance telegraph circuits as amplifiers: they repeated the signal coming in from one circuit and re-transmitted it on another circuit. Relays were used extensively in telephone exchanges and early computers to perform logical operations.
China is the largest Miniature Relays market with about 35% market share. Japan is follower, accounting for about 28% market share.
The key players are Omron, TE Connectivity, Panasonic, Fujitsu, Teledyne, ABB, Schneider Electric, Eaton, Honeywell, Fuji Electric, Sharp, Rockwell Automation, Finder, Hella, Hongfa, Song Chuan, Sanyou, Ningbo Forward, CHINT Electrics, Delixi etc.
Market Analysis and Insights: Global Miniature Relays Market
In 2020, the global Miniature Relays market size was US$ 4461.4 million and it is expected to reach US$ 5382.4 million by the end of 2027, with a CAGR of 2.6% during 2021-2027.
Global Miniature Relays Scope and Market Size
Miniature Relays market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Miniature Relays market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Miniature Relays market is segmented into
- General Purpose Relays
- Miniature Power Relays
- Miniature Signal Relays
- Miniature Safety Relays
- Miniature Semiconductor Relays
Segment by Application, the Miniature Relays market is segmented into
- PCB
- Quick-terminal
- Sockets
- Others
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Miniature Relays Market Share Analysis
Miniature Relays market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Miniature Relays product introduction, recent developments, Miniature Relays sales by region, type, application and by sales channel.
The major companies include:
- Omron
- TE Connectivity
- Panasonic
- Fujitsu
- Teledyne
- ABB
- Schneider Electric
- Eaton
- Honeywell
- Fuji Electric
- Sharp
- Rockwell Automation
- Finder
- Hella
- Hongfa
- Song Chuan
- Sanyou
- Ningbo Forward
- CHINT Electrics
- Delixi
Table of content
1 Study Coverage
1.1 Miniature Relays Product Introduction
1.2 Market by Type
1.2.1 Global Miniature Relays Market Size Growth Rate by Type
1.2.2 General Purpose Relays
1.2.3 Miniature Power Relays
1.2.4 Miniature Signal Relays
1.2.5 Miniature Safety Relays
1.2.6 Miniature Semiconductor Relays
1.3 Market by Application
1.3.1 Global Miniature Relays Market Size Growth Rate by Application
1.3.2 PCB
1.3.3 Quick-terminal
1.3.4 Sockets
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Miniature Relays Market Size Estimates and Forecasts
2.1.1 Global Miniature Relays Revenue 2016-2027
2.1.2 Global Miniature Relays Sales 2016-2027
2.2 Miniature Relays Market Size by Region: 2021 Versus 2027
2.3 Miniature Relays Sales by Region (2016-2027)
2.3.1 Global Miniature Relays Sales by Region: 2016-2021
2.3.2 Global Miniature Relays Sales Forecast by Region (2022-2027)
2.3.3 Global Miniature Relays Sales Market Share by Region (2016-2027)
2.4 Miniature Relays Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Miniature Relays Revenue by Region: 2016-2021
2.4.2 Global Miniature Relays Revenue Forecast by Region (2022-2027)
2.4.3 Global Miniature Relays Revenue Market Share by Region (2016-2027)
3 Global Miniature Relays by
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