Global Industrial Overload Relays Market 2018-2022

About Industrial Overload Relays

Based on product, the global industrial overload relays market is divided into two segments: Thermal overloads relays, and Magnet overload relays. Thermal overload relays act as an economic electromechanical protection device for the main circuit. They offer the required protection for motors during overloads or phase failures. Thermal overload relays offer a compact starting solution when combined with contractors. Overload sensing devices are a type of heat-operated relays, where a coil heats a bimetallic strip, releasing a spring to run auxiliary contacts. These auxiliary contacts are located in series with the coil.

Technavio’s analysts forecast the global industrial overload relays market to grow at a CAGR of 4.15% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial overload relays market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Overload Relays Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• Eaton
• Rockwell Automation
• Schneider Electric
• Siemens
• WEG

Other prominent vendors
• General Electric
• Sprecher+Schuh
• Littelfuse
• GREEGOO Electric
• Finder
• MTE
• Riken Electric
• Benshaw
• Meba Electric
• GWIEC Electric
• Lovato Electric
• Kawamura Electric
• Mitsubishi Electric
• Fuji Electric
• Texas Instruments
• Danfoss
• Emera
• Tsubakimoto Chain
• Hubbell Industrial Controls
• Struthers-Dunn
• Coto Technology
• Global Zeus

Market driver
• Preference of overload relays over fuse for motor protection
• For a full, detailed list, view our report

Market trend
• Semiconductor switches as replacements for relays and fuses
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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