Electromechanical Relay Consumption
Consumption of printed-circuit-board, electromechanical relays of all ratings classes is projected to increase at an above-average 2.8% compound annual growth rate from more than $4.7 billion in 2000 to close to $5.7 billion in 2005, according to ‘2001 Global Relay Market Intelligence Service’ by Venture Development Corp. (Natick, Mass.). This growth is attributed to increased use of relays in high-growth applications, such as automotive and appliances. Solid-state relays with contact current ratings less than or equal to 5 A are also expected to increase at above-average rates during this period due to price decreases and growing use.
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. Click here to start this process.