Los Angeles, CA -- (SBWire) -- 03/29/2019 --Monitoring Relays are an inexpensive solution for numerous monitoring functions. They ensure error-free and cost-effective operation of system.
With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
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Monitoring Relays are an inexpensive solution for numerous monitoring functions. They ensure error-free and cost-effective operation of system. With monitoring relays, the priority is the protection of persons and the machinery against insulation faults, residual voltages, overvoltage, overcurrent, overload, temperature overload as well as monitoring standstill and true power. Significantly reduce hazardous situations for man and machine, while at the same time increasing the service life of machinery.
In terms of volume, the Three Phase segment accounts bigger market share than Single Phase, Temperature / Thermistor and Power & Power Factor segment, in 2012 Three Phase segment accounted for about 43.51% and about 46.32% in 2017.
In terms of applications, Building application is bigger than Manufacturing, Transportation and Power industry application, in 2012 Building application occupied about 36.55% share and in 2017 residential will occupy about 39.36% share. More efficient methods of heating, cooling, and general environmental control are more readily implemented in new construction, and has occurred more frequently in the developing regions in recent years.
The global Monitoring Relays market is valued at 150 million US$ in 2018 is expected to reach 180 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2019-2025.
This report focuses on Monitoring Relays volume and value at global level, regional level and company level. From a global perspective, this report represents overall Monitoring Relays market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Omron
Eaton
ABB
Siemens
Finder
Schneider Electric
PHOENIX CONTACT
Banner
Pilz
Broyce Control
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Three Phase
Single Phase
Temperature/Thermistor
Power & Power Factor
Other
Segment by Application
Manufacturing
Transportation
Power Industry
Building
Other
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Global Monitoring Relays Market Survey and Forecast Report 2019 :Omron, Eaton, ABB
The global Monitoring Relays market is valued at 150 million US$ in 2018 is expected to reach 180 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2019-2025.