$213.3 Million Worldwide Industrial Overload Relays Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

The "Industrial Overload Relays - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher bring years of research experience to the 9th edition of this report. The 269-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Industrial Overload Relays Market to Reach $213.3 Million by 2027

Amid the COVID-19 crisis, the global market for Industrial Overload Relays estimated at US$143.8 Million in the year 2020, is projected to reach a revised size of US$213.3 Million by 2027, growing at aCAGR of 5.8% over the period 2020-2027.

Thermal Overload Relays, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$154.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Magnetic Overload Relays segment is readjusted to a revised 6.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $39 Million, While China is Forecast to Grow at 8.8% CAGR

The Industrial Overload Relays market in the U.S. is estimated at US$39 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$44.9 Million by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Competitors identified in this market include, among others:

• ABB Group
• Benshaw Inc.
• Coto Technology USA
• Danfoss A/S
• Eaton Corporation PLC
• Emera Inc.
• Finder S.p.A.
• Fuji Electric Co., Ltd.
• General Electric Company
• Global Zeus
• GREEGOO Electric Co., Ltd.
• GWIEC Electric
• Hubbell Industrial Controls, Inc.
• Kawamura Electric, Inc.
• Littelfuse, Inc.
• Lovato Electric SpA
• Meba Electric Co., Ltd.
• Mitsubishi Electric Corporation
• MTE Corporation
• Riken Electric Co., Ltd.
• Rockwell Automation, Inc.
• Schneider Electric SA
• Siemens AG
• Sprecher+Schuh
• Struthers-Dunn, LLC
• Texas Instruments, Inc.
• Tsubakimoto Chain Co. (Tsubaki Group)
• WEG Equipamentos Eletricos S.A.
  

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Industrial Overload Relays Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/qopxz3

View source version on businesswire.com: https://www.businesswire.com/news/home/20200805005460/en/