A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Electromechanical
Relay Market.
The study, titled “Electromechanical
Relay Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023”,
is available for sale on the firm’s website.
The
electromechanical relay is a remote controlled switch capable of
switching many circuits, eitherin sequence or individually.
Electromechanical relays have high quality performance and attractive
design features such aslonger switching operation life, lower power
consumption for reduced power demand and higher reliability over
product life. Electromechanical relays have superior performance over
poorly performed models of relays available with nickel alloy.
Despitethe movement towardshigh speed communications and intelligent
electronic devices, companies such as ABB Ltd. and General Electric
Company are still firmly committed to theviable electromechanical
relay market.
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Market Research Report @
There
are a number of applications in electromechanical relay market where
practical considerations can justify continued usage of
theseelectromechanical devices.Power supply switching for DVDs, TVs,
set top boxes, factory automation, HVAC (heating, ventilation,
airconditioning) temperature controllers, motor controls and
programmable logic controllers are some of the applications in
electromechanical relay market. Electromechanical relays have strong
contact pins that do not bend, which further leads to lower
terminalresistance, higher conductivityand lower operating
temperature.
Electromechanical
relay market can be segmented based on type.Reed relays, heavy duty
and high voltage relays and aerospace relays are some of the typesof
electromechanical relays. Reed relays comprises of a single reed
switch bounded with a solenoid. Reed relay’s contact are positioned
inside a ceramic or glass tube for protection from corrosion. Heavy
duty relays are mainly utilized for industrial applications such as
machine control. Aerospace relays are manufactured in compliance with
the standards such as M83536, MIL-PRF-39016, and M83726 for defense
and aerospace applications.
Companies
in Eastern Europe, Russia, India and China are projected to benefit
from government subsidies and special restrictive considerations to
serve electromechanical relay market. Furthermore, companies in
Eastern Europe and Russia have teamed with local producers to open
electromechanical relay production facilities.India too has grown
industry suppliers led by firms such as Ashida Electronics Pvt.
Ltd.and Control and Switchgear electric Limited.North American
utilities are expected to dominate the power supply industry in terms
of revenues, utility customers,transmission lines and production
capacity. Economic growth in countries such as Germany and South
Korea are some of the major factors driving the demand for
electromechanical relay market.
Preference
of users to work with the existing electromechanical technology,
harsh environments, reliability, easy to repair, simplicity in
understanding, and testing and maintenance are some factors that are
projected to drive electromechanical relay market. Users in
electromechanical relay market choose to work with the existing
technology rather than going to the expense and trouble of
redesigning facilities and drawings to incorporate new digital
technology. In addition, under extreme heat conditions,
electromechanical relays are more reliable than other versions of
nickel alloy relays. Electromechanical relays are inherently self
powered that requires the presence of a secure power supply.Although
digital technology represents the prime focus for many applications
of electromechanical relay, it is evident that the demand for
electromechanical relay technology is expected to remain strong in
coming years.
Get
accurate market forecast and analysis on the Electromechanical Relay
market. Request a sample to stay abreast on the key trends impacting
this market@
Some
of the major players in electromechanical relay market are DARE
Electronics, Inc.,Leone Systems, TE Connectivity Ltd., Ashida
Electronics Pvt. Ltd.,Control &Switchgear Electric Limited, Eaton
Corporation, Hitachi, Ltd., Areva T&D India Ltd., Siemens AG,
General Electric, Alstom SA and ABB Ltd. among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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