As the global economy mends, the 2021 growth of Smart Relay will have significant change from previous year. According to our (LP Information) latest study, the global Smart Relay market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Smart Relay market size will reach USD million in 2028, growing at a CAGR of % over the analysis period 2022-2028.
The United States Smart Relay market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Smart Relay market, reaching US$ million by the year 2028. As for the Europe Smart Relay landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Smart Relay players cover Rievtech, Schneider Electric, 4B Braime, and Alstom, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Relay market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Electromechanical Relay
Solid State Relay
Thermal Relay
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Mining
Control and Monitoring
HVAC
Manufacturing
Conveyance Lines
Data Center
Automobile
Others
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
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 prominent manufacturers in this market, include
Rievtech
Schneider Electric
4B Braime
Alstom
AMETEK Drexelbrook
Arcteq Relays Ltd
Entec
Federal Elektrik
Jiangsu Sfere Electric Co.,Ltd.
Schweitzer Engineering Laboratories
Siemens
Eaton
Easy Electronic Co.,Ltd
ABB
Xiamen Hongfa Electroacoustic
Omron
TE Connectivity
Song Chuan Precision
Fujitsu
Sanyou Relays
Finder
Honeywell
Rockwell Automation
Ningbo Forward Relay
Teledyne
Fuji Electric
Zhejiang HKE
Hella
Radiall