Global Safety Relays Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Safety Relays Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Safety Relays are devices that implement safety functions. In the event of a hazard, a safety relay will work to reduce to risk to an acceptable level. When an error occurs, the safety relay will initiate a safe and reliable response. Each safety relay monitors a specific function. By connecting them to other safety relays, one can achieve total monitoring of a machine or plant.

According to our (Global Info Research) latest study, the global Safety Relays market size was valued at US$ 590 million in 2023 and is forecast to a readjusted size of USD 744 million by 2030 with a CAGR of 3.4% during review period.

Global core safety relays manufacturers include Omron, Pilz and Rockwell Automation etc. The top 3 companies hold a share about 30%. Asia Pacific is the largest market, with a share about 43%, followed by Europe and North America with the share about 27% and 18%.

This report is a detailed and comprehensive analysis for global Safety 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 2024, are provided.

Key Features:

Global Safety Relays market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Safety Relays market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Safety Relays market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Safety Relays market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

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 Safety 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 Safety 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 Pilz, Omron, Schmersal, Phoenix Contact, Rockwell Automation, Schneider Electric, ABB, Eaton, Siemens, Wieland, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Safety Relays market is split by Type and by Application. For the period 2019-2030, 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
Electromechanical Relay
Solid State Relay
Thermal Relay

Market segment by Application
Machine Industry
Automobile
Others

Major players covered
Pilz
Omron
Schmersal
Phoenix Contact
Rockwell Automation
Schneider Electric
ABB
Eaton
Siemens
Wieland
IDEC
Sick
Dold
Banner Engineering

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 Safety Relays product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Safety Relays, with price, sales quantity, revenue, and global market share of Safety Relays from 2019 to 2024.

Chapter 3, the Safety Relays competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Safety Relays breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and Safety Relays market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 Safety Relays.

Chapter 14 and 15, to describe Safety Relays sales channel, distributors, customers, research findings and conclusion.