According to our (Global Info Research) latest study, the global Monitoring Relays market size was valued at US$ 170 million in 2024 and is forecast to a readjusted size of USD 196 million by 2031 with a CAGR of 2.1% during review period.
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.
Omron, Eaton, ABB, Siemens, Finder, Schneider Electric, PHOENIX CONTACT, Banner, Pilz and Broyce Control are the key players of Monitoring Relays, with about 75% market shares.
This report is a detailed and comprehensive analysis for global Monitoring Relays market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Monitoring Relays market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Monitoring Relays market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Monitoring Relays market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Monitoring Relays market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Monitoring Relays
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Monitoring Relays market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Omron, Eaton, ABB, Siemens, Finder, Schneider Electric, PHOENIX CONTACT, Banner, Pilz, Broyce Control, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Monitoring Relays market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Three Phase
Single Phase
Temperature/Thermistor
Power & Power Factor
Others
Market segment by Application
Manufacturing
Transportation
Power Industry
Building
Others
Major players covered
Omron
Eaton
ABB
Siemens
Finder
Schneider Electric
PHOENIX CONTACT
Banner
Pilz
Broyce Control
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Monitoring Relays product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Monitoring Relays, with price, sales quantity, revenue, and global market share of Monitoring Relays from 2020 to 2025.
Chapter 3, the Monitoring Relays competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Monitoring Relays breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Monitoring Relays market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Monitoring Relays.
Chapter 14 and 15, to describe Monitoring Relays sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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