Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Industrial Overload Relays market in this environment.
In terms of revenue, this research report indicated that the global Industrial Overload Relays market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Industrial Overload Relays industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ??General Electric aims at producing XX Industrial Overload Relays in 2020, with XX % production to take place in global market, ????ABB accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Industrial Overload Relays Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Industrial Overload Relays Market?
General Electric
ABB
Eaton
Rockwell Automation
Schneider Electric
Siemens
WEG
Sprecher+Schuh
Riken Electric
MTE
Fuji Electric
...
Major Type of Industrial Overload Relays Covered in XYZResearch report:
Thermal overload relays
Magnetic overload relays
Application Segments Covered in XYZResearch Market
Motors
Generators
Application 3
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Table of Contents
Global Industrial Overload Relays Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Thermal overload relays -Product Introduction and Major Manufacturers
1.1.2 Magnetic overload relays -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Industrial Overload Relays Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Industrial Overload Relays Market
3.1.1 Top Companies leading Industrial Overload Relays Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Industrial Overload Relays Market
3.2.1 Top Companies leading Industrial Overload Relays Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Industrial Overload Relays Market
3.3.1 Top Companies leading Industrial Overload Relays Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Industrial Overload Relays Market
3.4.1 Top Companies leading Industrial Overload Relays Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Industrial Overload Relays Market
3.5.1 Top Companies leading Industrial Overload Relays Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Industrial Overload Relays Market
3.6.1 Top Companies leading Industrial Overload Relays Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Industrial Overload Relays Market
3.7.1 Top Companies leading Industrial Overload Relays Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Industrial Overload Relays Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Industrial Overload Relays Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Industrial Overload Relays Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Industrial Overload Relays Sales and Growth Rate (2021-2026)
5.2 Global Industrial Overload Relays Sales Value and Growth Rate (2021-2026)
6 Industrial Overload Relays Competitive Analysis
6.1 General Electric
6.1.1 General Electric Company Profiles
6.1.2 General Electric Product Introduction
6.1.3 General Electric Industrial Overload Relays Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 ABB
6.2.1 ABB Company Profiles
6.2.2 ABB Product Introduction
6.2.3 ABB Industrial Overload Relays Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Eaton
6.3.1 Eaton Company Profiles
6.3.2 Eaton Product Introduction
6.3.3 Eaton Industrial Overload Relays Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Rockwell Automation
6.4.1 Rockwell Automation Company Profiles
6.4.2 Rockwell Automation Product Introduction
6.4.3 Rockwell Automation Industrial Overload Relays Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Schneider Electric
6.5.1 Schneider Electric Company Profiles
6.5.2 Schneider Electric Product Introduction
6.5.3 Schneider Electric Industrial Overload Relays Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Siemens
6.6.1 Siemens Company Profiles
6.6.2 Siemens Product Introduction
6.6.3 Siemens Industrial Overload Relays Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 WEG
6.7.1 WEG Company Profiles
6.7.2 WEG Product Introduction
6.7.3 WEG Industrial Overload Relays Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Sprecher+Schuh
6.8.1 Sprecher+Schuh Company Profiles
6.8.2 Sprecher+Schuh Product Introduction
6.8.3 Sprecher+Schuh Industrial Overload Relays Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Riken Electric
6.9.1 Riken Electric Company Profiles
6.9.2 Riken Electric Product Introduction
6.9.3 Riken Electric Industrial Overload Relays Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 MTE
6.10.1 MTE Company Profiles
6.10.2 MTE Product Introduction
6.10.3 MTE Industrial Overload Relays Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Fuji Electric
7 Conclusion
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