Miniature Relays Market

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.
Miniature Relays Market contains market size and forecasts of Miniature Relays in global, including the following market information:
Global Miniature Relays Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Miniature Relays Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Miniature Relays companies in 2021 (%)
The global Miniature Relays market was valued at 4747.7 million in 2021 and is projected to reach US$ 5639 million by 2028, at a CAGR of 2.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
General Purpose Relays Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Miniature Relays include Omron, TE Connectivity, Panasonic, Fujitsu, Teledyne, ABB, Schneider Electric, Eaton and Honeywell, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Miniature Relays manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Miniature Relays Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Miniature Relays Market Segment Percentages, by Type, 2021 (%)
General Purpose Relays
Miniature Power Relays
Miniature Signal Relays
Miniature Safety Relays
Miniature Semiconductor Relays
Global Miniature Relays Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Miniature Relays Market Segment Percentages, by Application, 2021 (%)
PCB
Quick-terminal
Sockets
Others
Global Miniature Relays Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Miniature Relays Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Miniature Relays revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Miniature Relays revenues share in global market, 2021 (%)
Key companies Miniature Relays sales in global market, 2017-2022 (Estimated), (M Units)
Key companies Miniature Relays sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players 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