Global Monitoring Relays market will reach 180 million US$ by the end of 2025

QYResearchOfficial

The global Monitoring Relays market is valued at 150 million US$ in 2017 and will reach 180 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025. https://www.qyresearch.com/index/detail/522924/global-monitoring-relays-sales-market

Global Monitoring Relays

market will reach 180 million

US$ by the end of 2025

QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch

Monitoring Relays are an inexpensive solution for numerous

monitoring functions. They ensure error-free and cost-effective

operation of system.

• With monitoring relays, the priority is the protection of persons

and the machinery against insulation faults, residual voltages,

overvoltage, overcurrent, overload, temperature overload as well

as monitoring standstill and true power. Significantly reduce

hazardous situations for man and machine, while at the same time

increasing the service life of machinery.

w w w. q y re s e a rc h . c o m


QYResearch

Monitoring Relays are an inexpensive solution for numerous monitoring

functions. They ensure error-free and cost-effective operation of

system. With monitoring relays, the priority is the protection of persons

and the machinery against insulation faults, residual voltages,

overvoltage, overcurrent, overload, temperature overload as well as

monitoring standstill and true power. Significantly reduce hazardous

situations for man and machine, while at the same time increasing the

service life of machinery.

• In terms of volume, the Three Phase segment accounts bigger market

share than Single Phase, Temperature / Thermistor and

Power & Power Factor segment, in 2012 Three Phase segment accounted

for about 43.51% and about 46.32% in 2017.

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QYResearch

In terms of applications, Building application is bigger than

Manufacturing, Transportation and Power industry application, in

2012 Building application occupied about 36.55% share and in 2017

residential will occupy about 39.36% share. More efficient methods

of heating, cooling, and general environmental control are more

readily implemented in new construction, and has occurred more

frequently in the developing regions in recent years.

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