The relay and industrial control manufacturing industry comprise establishments manufacturing relays, motor starters and controllers and other industrial controls and control accessories. Major products in this industry are control circuit relays and devices, brakes and clutches, armature relays, motor controls and starters, solenoid switches, timing devices, rheostats and others.
The top five companies covered are ABB Ltd., Rockwell Automation, Schneider Electric S.A., Omron Corporation, and Siemens. ABB Ltd. was the largest company in the relay and industrial control manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Relay and Industrial Control Manufacturing Market Size
The global relay and industrial control manufacturing market was valued at around $59 billion in 2017. Asia Pacific was the largest region in the relay and industrial control manufacturing market in 2017, accounting for around 37% of the total market. China was the largest country in the market in 2017, accounting for around 25% of the total market.
Relay and Industrial Control Manufacturing Market Trend
The relay and industrial control industry is increasingly adopting SCADA (supervisory control and data acquisition) systems to enhance process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels. The applications of these SCADA systems is expected to rise mainly due to their scalability, ease of upgrading, emergence of global smart grid projects and increased use of cloud technologies.
Relay and Industrial Control Manufacturing Market Segmentation
The relay and industrial control manufacturing market is segmented into Relays and Industrial Controls.
Relays comprise electro magnets and contact units. Relay receives electrical signals from a switch and passes the output to parts such as devices. Relays include PCB power relays, signal relays and plugin relays.
Industrial Controls integrate several control systems and instrumentation used in industrial production that include SCADA (Supervisory control and data acquisition) systems, distribution control systems, PLC’s(programmable logic controllers) often found in industries and critical infrastructures.