United States Electrical Relays Market Outlook and Forecast 2024-2030

United States Electrical Relays market was valued at US$ 1.56 billion in 2024 and is projected to reach US$ 2.01 billion by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.

  • Quick Dispatch

    All Orders

  • Secure Payment

    100% Secure Payment

Compare

$1,500.00$4,250.00

Clear

United States Electrical Relays market was valued at US$ 1.56 billion in 2024 and is projected to reach US$ 2.01 billion by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.

Switches operated by electrical current, used in various control and protection applications.

Steady growth driven by expanding power distribution and industrial control markets. Increasing adoption of smart relays in automation and IoT applications. Ongoing developments in relay technology improving energy efficiency and diagnostic capabilities.

This report contains market size and forecasts of Electrical Relays in United States, including the following market information:
•    United States Electrical Relays Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    United States Electrical Relays Market Sales, 2019-2024, 2024-2030,
•    United States Top five Electrical Relays companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Electrical Relays , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 – 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Electrical Relays sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Electrical Relays market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    H Type
•    D Type
•    Z Type

Segment by Applications

•    Electricity
•    Metallurgy
•    Other

Key Companies covered in this report:

•    TE Connectivity Ltd.
•    Siemens AG
•    ABB Ltd.
•    Schneider Electric
•    General Electric
•    Omron Corporation
•    Rockwell Automation
•    Eaton Corporation
•    Honeywell International Inc.
•    Phoenix Contact

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Electrical Relays revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
•    Key companies Electrical Relays revenues share in United Statesn market, 2023 (%)
•    Key companies Electrical Relays sales in United Statesn market, 2019-2024 (Estimated),
•    Key companies Electrical Relays sales share in United Statesn market, 2023 (%)

1. Drivers:

  • Rising Automation in Industries: The increasing adoption of automation in various sectors like manufacturing, energy, and automotive has boosted the demand for electrical relays. Relays play a critical role in automated systems by controlling high-power circuits through low-power signals.
  • Growth in Electric Vehicles (EVs): The growing EV market in the United States has significantly driven the demand for electrical relays, as they are essential for managing power distribution, battery management, and safety systems in electric vehicles.
  • Energy Efficiency Initiatives: Government regulations and policies aimed at reducing energy consumption have encouraged the use of smart grids and energy-efficient systems. Electrical relays are vital components in these systems, particularly in smart meters and circuit protection, which helps manage power efficiently.

2. Restraints:

  • High Competition and Price Pressure: The electrical relay market is highly competitive, with several established players vying for market share. This competition has led to price pressure, reducing profit margins for manufacturers. Additionally, low-cost imports from regions like China can sometimes affect the domestic industry.
  • Alternative Technologies: The development of advanced solid-state relays and contactless switching technologies pose a threat to the conventional mechanical relay market. Solid-state relays, in particular, are preferred in specific high-performance applications due to their reliability and longer lifespan, though they tend to be more expensive.

3. Opportunities:

  • Smart Grid Development: The expansion of smart grids across the United States offers significant growth opportunities for the electrical relays market. Relays are crucial components in grid automation and control, helping to manage electricity distribution and ensuring system stability.
  • Emerging Renewable Energy Sector: As the U.S. continues to invest in renewable energy sources like solar and wind, the need for reliable electrical relays in managing power generation and distribution has grown. Relays are used in wind turbines, solar inverters, and energy storage systems, which are essential for ensuring a consistent and efficient power supply.
  • Adoption of IoT in Industrial Automation: With the increasing integration of the Internet of Things (IoT) in industrial automation, the need for advanced relays that can work with connected systems is growing. These relays offer enhanced communication features and monitoring capabilities, allowing for remote control and system diagnostics.

4. Challenges:

  • Complexity in Integration: As relay technologies advance, integrating them into existing systems can become more complex. Ensuring compatibility between new and legacy systems can be a challenge, especially in industries where older technologies are still in use.
  • Environmental Concerns: Some traditional relays contain materials that pose environmental risks, such as mercury. With growing environmental regulations in the U.S., manufacturers may face challenges in developing eco-friendly, sustainable relay solutions while maintaining performance and cost-effectiveness.
  • Supply Chain Disruptions: The electrical relays market is highly dependent on the global supply chain for raw materials and components. Geopolitical tensions, trade policies, and pandemic-related disruptions can impact the availability of key materials, leading to potential delays in production and increased costs.

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Electrical Relays Market
•    Overview of the regional outlook of the Electrical Relays Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Electrical Relays Market
•    United States Electrical Relays Market
•    Japan Electrical Relays Market
•    Germany Electrical Relays Market
•    South Korea Electrical Relays Market
•    Indonesia Electrical Relays Market
•    Brazil Electrical Relays Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

1 STUDY COVERAGE

1.1 Electrical Relays Product Introduction

1.2 Market by Type

1.2.1 United Statesn Electrical Relays Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 H Type
1.2.3 D Type
1.2.4 Z Type

1.3 Market by Application

1.3.1 United States Electrical Relays Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2    Electricity
1.3.3    Metallurgy
1.3.4    Other
1.4 United States Electrical Relays Sales Estimates and Forecasts 2019-2030
1.5 United States Electrical Relays Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered

2 COMPETITION BY MANUFACTURERS

2.1 United States Electrical Relays Sales by Manufacturers
2.1.1 United States Electrical Relays Sales by Manufacturers (2019-2024)
2.1.2 United States Electrical Relays Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Electrical Relays in 2023 in United States
2.2 United States Electrical Relays Revenue by Manufacturers
2.2.1 United States Electrical Relays Revenue by Manufacturers (2019-2024)
2.2.2 United States Electrical Relays Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Electrical Relays Revenue in 2023
2.3 United States Electrical Relays Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 United States Electrical Relays by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Electrical Relays Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans

3 United States Electrical Relays MARKET SIZE BY REGION

3.1 Electrical Relays Market Size by Region: 2019-2030
3.1.1 United States Electrical Relays Sales by Region: 2019-2024
3.1.2 United States Electrical Relays Sales Forecast by Region (2025-2030)
3.1.3 United States Electrical Relays Revenue by Region: 2019-2024
3.1.4 United States Electrical Relays Revenue Forecast by Region (2025-2030)

4 MARKET SIZE BY TYPE

4.1 United States Electrical Relays Sales by Type
4.1.1 United States Electrical Relays Historical Sales by Type (2019-2024)
4.1.2 United States Electrical Relays Forecasted Sales by Type (2025-2030)
4.1.3 United States Electrical Relays Sales Market Share by Type (2019-2030)
4.2 United States Electrical Relays Revenue by Type
4.2.1 United States Electrical Relays Historical Revenue by Type (2019-2024)
4.2.2 United States Electrical Relays Forecasted Revenue by Type (2025-2030)
4.2.3 United States Electrical Relays Revenue Market Share by Type (2019-2030)
4.3 United States Electrical Relays Price by Type
4.3.1 United States Electrical Relays Price by Type (2019-2024)
4.3.2 United States Electrical Relays Price Forecast by Type (2025-2030)

5 MARKET SIZE BY APPLICATION

5.1 United States Electrical Relays Sales by Application
5.1.1 United States Electrical Relays Historical Sales by Application (2019-2024)
5.1.2 United States Electrical Relays Forecasted Sales by Application (2025-2030)
5.1.3 United States Electrical Relays Sales Market Share by Application (2019-2030)
5.2 United States Electrical Relays Revenue by Application
5.2.1 United States Electrical Relays Historical Revenue by Application (2019-2024)
5.2.2 United States Electrical Relays Forecasted Revenue by Application (2025-2030)
5.2.3 United States Electrical Relays Revenue Market Share by Application (2019-2030)
5.3 United States Electrical Relays Price by Application
5.3.1 United States Electrical Relays Price by Application (2019-2024)
5.3.2 United States Electrical Relays Price Forecast by Application (2025-2030)

6.    CORPORATE PROFILE

6.1 TE Connectivity Ltd.
6.1.1 TE Connectivity Ltd. Corporation Information
6.1.2 TE Connectivity Ltd. Overview
6.1.3 TE Connectivity Ltd. in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 TE Connectivity Ltd. Electrical Relays Product Introduction
6.1.5 TE Connectivity Ltd. Recent Developments

6.2 Siemens AG
6.2.1 Siemens AG Corporation Information
6.2.2 Siemens AG Overview
6.2.3 Siemens AG in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Siemens AG Electrical Relays Product Introduction
6.2.5 Siemens AG Recent Developments

6.3 ABB Ltd.
6.3.1 ABB Ltd. Corporation Information
6.3.2 ABB Ltd. Overview
6.3.3 ABB Ltd. in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 ABB Ltd. Electrical Relays Product Introduction
6.3.5 ABB Ltd. Recent Developments

6.4 Schneider Electric
6.4.1 Schneider Electric Corporation Information
6.4.2 Schneider Electric Overview
6.4.3 Schneider Electric in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Schneider Electric Electrical Relays Product Introduction
6.4.5 Schneider Electric Recent Developments

6.5 General Electric
6.5.1 General Electric Corporation Information
6.5.2 General Electric Overview
6.5.3 General Electric in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 General Electric Electrical Relays Product Introduction
6.5.5 General Electric Recent Developments

6.6 Omron Corporation
6.6.1 Omron Corporation Corporation Information
6.6.2 Omron Corporation Overview
6.6.3 Omron Corporation in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Omron Corporation Electrical Relays Product Introduction
6.6.5 Omron Corporation Recent Developments

6.7 Rockwell Automation
6.7.1 Rockwell Automation Corporation Information
6.7.2 Rockwell Automation Overview
6.7.3 Rockwell Automation in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Rockwell Automation Electrical Relays Product Introduction
6.7.5 Rockwell Automation Recent Developments

6.8 Eaton Corporation
6.8.1 Eaton Corporation Corporation Information
6.8.2 Eaton Corporation Overview
6.8.3 Eaton Corporation in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Eaton Corporation Electrical Relays Product Introduction
6.8.5 Eaton Corporation Recent Developments

6.9 Honeywell International Inc.
6.9.1 Honeywell International Inc. Corporation Information
6.9.2 Honeywell International Inc. Overview
6.9.3 Honeywell International Inc. in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Honeywell International Inc. Electrical Relays Product Introduction
6.9.5 Honeywell International Inc. Recent Developments

6.10 Phoenix Contact
6.10.1 Phoenix Contact Corporation Information
6.10.2 Phoenix Contact Overview
6.10.3 Phoenix Contact in United States: Electrical Relays Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 Phoenix Contact Electrical Relays Product Introduction
6.10.5 Phoenix Contact Recent Developments

7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS

7.1 Electrical Relays Industry Chain Analysis
7.2 Electrical Relays Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Electrical Relays Production Mode & Process
7.4 Electrical Relays Sales and Marketing
7.4.1 Electrical Relays Sales Channels
7.4.2 Electrical Relays Distributors
7.5 Electrical Relays Customers

8 Electrical Relays MARKET DYNAMICS

8.1.1 Electrical Relays Industry Trends
8.1.2 Electrical Relays Market Drivers
8.1.3 Electrical Relays Market Challenges
8.1.4 Electrical Relays Market Restraints

9 KEY FINDINGS IN THE United States Electrical Relays STUDY

10 APPENDIX

10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer