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.
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The global relay and industrial control manufacturing market has shown high growth in the
past years with a CAGR of over 8%. The year 2017 recorded highest ever growth
in this market as per TBRC’s inhouse consultants
TBRC’s
latest report show the historic and future trends in the market for each year
with sourced reasons to support the growth claims.
The report
also shows the relay and industrial control
manufacturing market to
grow very slow with just the half CAGR by 2021 as compared to 2017.
Sample report:
The industrial controls segment
was the second largest segment in the relay and industrial control manufacturing
market with about 40% share of the market. Industrial controls integrate
several control systems and instrumentation used in industrial production that
include SCADA (Supervisory control and data acquisition) systems, distribution
control systems, and PLC’s (programmable logic controllers).
Companies included in the report are ABB Ltd, Rockwell Automation, Schneider Electric S.A., Omron
Corporation, and Siemens.
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