Lewes, DE -- (SBWIRE) -- 07/25/2018 -- Monitoring Relays market will register a 2.5% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 150 million in 2017.

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.

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.

Over the next five years,study projects that Monitoring Relays will register a 2.5% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 150 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Omron
Eaton
ABB
Siemens
Finder
Schneider Electric
PHOENIX CONTACT
Banner
Pilz
Broyce Control

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Three Phase
Single Phase
Temperature/Thermistor
Power & Power Factor
Other

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Manufacturing
Transportation
Power Industry
Building
Other

Spanning over 124 pages "Forecast of Global Monitoring Relays Market 2023" report covers Monitoring Relays Market Overview, Global Monitoring Relays Sales, Revenue (Value) and Market Share by Players, Global Monitoring Relays Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Monitoring Relays Sales, Revenue and Price, Europe Top 5 Players Monitoring Relays Sales, Revenue and Price, Asia-Pacific Top 5 Players Monitoring Relays Sales, Revenue and Price, South America Top 5 Players Monitoring Relays Sales, Revenue and Price, Middle East & Africa Top 5 Players Monitoring Relays Sales, Revenue and Price, Global Monitoring Relays Players Profiles/Analysis, Global Monitoring Relays Market Forecast (2018-2023), Monitoring Relays Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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