MINIATURE RELAY Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.

Los Angeles, CA -- (SBWire) -- 02/15/2019 --A relay is an electrically operated switch. Many relays use an electromagnet to mechanically operate a switch, but other operating principles are also used, such as solid-state relays. Relays are used where it is necessary to control a circuit by a low-power signal (with complete electrical isolation between control and controlled circuits), or where several circuits must be controlled by one signal. The first relays were used in long distance telegraph circuits as amplifiers: they repeated the signal coming in from one circuit and re-transmitted it on another circuit. Relays were used extensively in telephone exchanges and early computers to perform logical operations.

More than 47% of Miniature Relay products were produced in China. And China market is expected to keep being the biggest market with output market share of 49% in 2023, followed by Japan, North America, Europe, South Korea and Taiwan.

In the application segment by connection, PCB segment accounted for the most of market share (55.66% in 2017), in terms of volume. Briefly speaking, in the next few years, Miniature Relay industry will still be a highly energetic industry. With the use of these relays especially in automotive industry, Miniature Relay will have a great future.

The global MINIATURE RELAY market is valued at 4050 million US$ in 2018 is expected to reach 4940 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.

This report focuses on MINIATURE RELAY volume and value at global level, regional level and company level. From a global perspective, this report represents overall MINIATURE RELAY 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.

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The following manufacturers are covered:

Omron

TE Connectivity

Panasonic

Fujitsu

Teledyne

ABB

Schneider Electric

Eaton

Honeywell

Fuji Electric

Sharp

Rockwell Automation

Finder

Hella

Hongfa

Song Chuan

Sanyou

Ningbo Forward

CHINT Electrics

Delixi

Segment by Regions

North America

Europe

China

Japan

Segment by Type

General Purpose Relays

Miniature Power Relays

Miniature Signal Relays

Miniature Safety Relays

Miniature Semiconductor Relays

Segment by Application

PCB

Quick-terminal

Sockets

Others

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