The Relay And Industrial Control Manufacturing Market Is Expected To Grow ToPosted by ananth on July 16th, 2018 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. Order the report at The substantial reason for the growth of the relay and industrial control manufacturing market from billion in 2017 to billion by 2021 is an increasing demand to enhance process efficiency and productivity. SCADA (Supervisory control and data acquisition) systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels. The market can easily split into relays and control industries out of which relays comprises of one third of the market and rest of the market is shared by control industries. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=109&type=smp China was the largest country in the relay and industrial control manufacturing market in 2017, accounting for one- fourth of the market share. This is primarily due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries followed by Germany and the USA. The top five competitors in the market made up to half of the total market share in 2017. Siemens AG was the largest competitor with nearly 16% of the market, followed by ABB Ltd., Schneider Electric, Eaton Corporation, and Omron Corporation. Siemens AG is a German conglomerate company headquartered in Berlin and Munich and the largest industrial manufacturing company in Europe with branch offices abroad. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |