Relay Market - Portugal Tops the List of EU Relay Manufacturers

Electric Motors And Generators January 21, 2016
Author: Olga Minchina
Account Manager

relay market

From 2007 to 2014, EU production on the relay market showed mixed dynamics, finally falling from 882 million units in 2007 to 721 million units in 2014. It dropped with a CAGR of -2.8% over the period under review. In value terms, EU relay production reached 3,033 million EUR in 2014, growing by +6.8% annually.

Portugal was the largest producer of relays in absolute volumes, with 247 million units. It was followed by France (65 million units) and Italy (61 million units).

Positive dynamics in relay production among the main producing countries from 2007 to 2014 were recorded in Italy (+6.7% per year) and Portugal (+2.7% per year), while for France (-9.6% per year) the pace of growth was negative.

Portugal dominated in EU relay production and ranked fourth in trade. In 2014, it exported 3% of its total relay output. Of this amount, 18% was supplied to Germany, where Portugal's relays held a 8% share of total Germany's imports.

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Source: EU: Relays - Market Report. Analysis And Forecast To 2020