Impulse Relays Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2026
Impulse Relays: Introduction
Impulse relays are bi-stable, latching relays that enable the transfer of contacts with every pulse. Most impulse relays are made of a solid state steering circuit and a magnetic match relay. When power is applied, these components of impulse relays determine the position of the relay, and also energize the opposite coil. When the power is removed, the contacts in the impulse relay transfer and hold their positions. A unidirectional pulse is required by impulse relays to transfer the contacts. Impulse relays require one power pulse to energize the load and another to de-energize.
Also, impulse relays do not require control pulse redirection or polarity reversing. One of the uses of impulse relays is that, they can be used as wear equalizers. This feature facilitates applications such as multiple remote control locations for turning a device on and off with a single push button or momentary switch at each remote station. For instance, a conveyor belt can be turned on or off from multiple remote locations by installing a single switch at every position.
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Impulse Relays: Market Drivers and Opportunities
The global growth in the adoption rate of industrial automation enabling equipment is expected to fuel the growth of the global impulse relays market. Impulse relays enable industrial automation by facilitating features, such as remote control over industrial lighting and equipment. This feature ensures industrial process efficiency, and personnel and product related safety and security. This factor will propel the growth of the global impulse relays market. Impulse relays consume low power, which makes them energy-efficient. This factor also minimizes the overall maintenance expenditure. Such factors are expected to enhance the growth of the global impulse relays market.
Manufacturers use different design approaches to minimize the installation expenditure of impulse relays. Ideally, manufacturers and installation personnel employ simplicity in order to minimize the installation expenditure of impulse relays. Pre-planned remote control locations where impulse relays are required to be installed enable the industries to eliminate future service-related costs.
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Currently, the industrial automation applications segment of impulse relays hold the largest market share in the global impulse relays market. However, with the increasing number of upgrades focused on developing long-life, efficient industrial appliance technologies, the industrial appliances applications segment impulse relays is expected to register the highest growth rate. Other applications of impulse relays include compressors, industrial fans, et cetera.
Impulse Relays: Regional Market Outlook
Among all the regions, North America holds the largest market share in the global impulse relays market, and is anticipated to maintain a steady growth rate over the forecast period. The growth of the impulse relays market in North America is attributed to the ever-rising trend of industrial automation in the region. The rise in disposable income in both, commercial and industrial sectors, also plays a major role in driving the growth of the global impulse relays market. Southeast Asian and Other Asia Pacific economies are expected to register significant growth rates in the impulse relays market. Western and Eastern European countries are also expected to generate steady growth rates in the impulse relays market, owing to the high presence of industrial automation solutions and service providers in these regions.
Impulse Relays: Key Market Players
A few of the major players operating in the global impulse relays market include Schneider Electric; Arteche; RS Components Pty Ltd; Mosrelay Corporation; Analog Devices, Inc.; TE Connectivity; Crouzet Automatismes; and Alion Electronics, among others.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.