Growth In SCADA Systems Adoption

The global relay and industrial control manufacturing market, a part of the electrical and electronics manufacturing industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. The electrical and electronics manufacturing industry showed a steady growth. The growth is mainly due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries.

In the forecast period, the global relay and industrial control manufacturing market size is expected to be over $70 billion by 2021, growing at a CAGR of nearly 5%.

This is expected due to the expected increase In Programmable Automation Controllers Use. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global Relay And Industrial Control Manufacturing market in the future.

Find TBRC’s report on the Relay And Industrial Control Manufacturing market: https://www.thebusinessresearchcompany.com/report/relay-and-industrial-control-manufacturing-global-market-report-2018

The relay and industrial control industry is increasingly adopting SCADA (Supervisory control and data acquisition) systems to enhance process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels.

Major companies in the relay and industrial control manufacturing market, offering SCADA technology include ABB, Rockwell Automation And Schneider Electric S.A

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Relay And Industrial Control Manufacturing Market Size

The global relay and industrial control manufacturing market was valued at around $59 billion in 2017. Asia Pacific was the largest region in the relay and industrial control manufacturing market in 2017, accounting for around 37% of the total market. China was the largest country in the market in 2017, accounting for around 25% of the total market.

Relay And Industrial Control Manufacturing Market Trend

The relay and industrial control industry is increasingly adopting SCADA (supervisory control and data acquisition) systems to enhance process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels. The applications of these SCADA systems is expected to rise mainly due to their scalability, ease of upgrading, emergence of global smart grid projects and increased use of cloud technologies.

Relay And Industrial Control Manufacturing Market Segmentation

The relay and industrial control manufacturing market is segmented into Relays and Industrial Controls.

Relays comprise electro magnets and contact units. Relay receives electrical signals from a switch and passes the output to parts such as devices. Relays include PCB power relays, signal relays and plugin relays.

Industrial Controls integrate several control systems and instrumentation used in industrial production that include SCADA (Supervisory control and data acquisition) systems, distribution control systems, PLC’s(programmable logic controllers) often found in industries and critical infrastructures.

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