The Global Relay And Industrial Control Manufacturing MarketPosted by praneeth on July 5th, 2018 The relay and industrial control manufacturing market comprise establishments manufacturing relays, motor starters and controllers and other industrial controls and control accessories. Major products in this market are control circuit relays and devices, brakes and clutches, armature relays, motor controls and starters, solenoid switches, timing devices, rheostats and others. Read the report at The relay and industrial control manufacturing market is valued at around USD 60 billion in 2017 due to the increasing demand for transportation services owing to rapid urbanization. Asia Pacific was the largest region in the relay and industrial control manufacturing market in 2017, accounting for more than one-third of the market share. The relay and industrial control manufacturing market in The Business Research Company’s report is segmented into relays and industrial controls. While the first segment account for more than half of the market share, the remaining is attributed to industrial controls segment. Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=87&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 was the result of high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries. China was followed by Germany and the USA. ABB Group Ltd was the largest competitor in the relay and industrial control manufacturing market in 2017, followed by Rockwell Automation and Schneider Electric S.A. ABB Group is one of the largest engineering companies and a conglomerate operating mainly in robotics, power and automation technology. The company is headquartered in Switzerland. 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 1930708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |