Electromechanical relays are switches used to control high-power equipment by opening or closing the contacts in circuits. In most electrical machines, electromechanical relays are used to control a system either through low power signals or by controlling a single signal in multiple circuits.
EMR has electronic parts which allow them to be operated for various purposes. These relays can operate on both AC and DC supply.
What are the factors that are boosting the EMR relays market?
Electromechanical relay (EMR) market size
The global electromechanical relay (EMR) market is calculated to be around reached US$ 6 billion in 2019 and is expected to reach US$ 10 billion by 2026.
Analysis of electromechanical relay (EMR) market
Some of the drivers behind the growth of electromechanical relay (EMR) is its wide range use in electronic equipment, factory automation, HVAC temperature controls, and increased use in the fuse boxes. The purpose is to avoid overload and failure of the circuits.
The advantages of EMR include low cost, long working life, lower power consumption, reliability and easy maintenance which can further drive the demand worldwide.
Smart grids are designed to distribute power to all regions to meet excessive electricity demand. These intelligent networks also use relays to protect electric circuits from overloading, which is the driving factor for the market growth.
The rising global energy prices are driving demand for advanced electromechanical relays to reduce electricity consumption. In addition, the increasing number of renewable energy projects is also driving the market for electromechanical relays with high capacity.
However, the emergence of solid-state relays (SSRs) as a replacement due to advances in semiconductor fabrication and manufacturing technology could hamper the market growth.
EMR usually fails very easily due to improper applications or from environmental problems which can significantly constrain the market growth. In fact, the circuit coils can be damaged by the additional heat generation.
The EMR sales are also driven by the solar technology market as it is using relays to protect systems from damage and overload. The adoptions of powerful EMR relays are particularly rising in the automotive industry, industrial sectors, and home appliances. Thus, it will help in driving the growth of the global EMR market.