| Product Code: ETC5754864 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Suriname continues to rely on key trading partners for its import shipments, with the Netherlands, USA, Turkey, Australia, and China topping the list in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 14.88% from 2020-24, the significant decline in growth rate from 2023-24 at -65.19% suggests a recent slowdown in import activity. This data highlights the importance of monitoring market dynamics and potential shifts in trade patterns for businesses operating in Suriname.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Suriname Relay Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Relay Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Relay Market - Industry Life Cycle |
3.4 Suriname Relay Market - Porter's Five Forces |
3.5 Suriname Relay Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Suriname Relay Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.7 Suriname Relay Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
4 Suriname Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient relay solutions in Suriname due to growing industrialization and infrastructure development. |
4.2.2 Technological advancements leading to the development of more advanced and sophisticated relay products. |
4.2.3 Government initiatives and investments in sectors such as energy, transportation, and telecommunications driving the demand for relays. |
4.3 Market Restraints |
4.3.1 Intense competition among relay manufacturers leading to pricing pressures. |
4.3.2 Economic instability and fluctuations in Suriname impacting the overall market growth. |
4.3.3 Challenges related to the availability of skilled labor and technical expertise in the relay market. |
5 Suriname Relay Market Trends |
6 Suriname Relay Market Segmentations |
6.1 Suriname Relay Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Relay Market Revenues & Volume, By Electromechanical, 2021-2031F |
6.1.3 Suriname Relay Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.4 Suriname Relay Market Revenues & Volume, By Reed, 2021-2031F |
6.1.5 Suriname Relay Market Revenues & Volume, By Time, 2021-2031F |
6.1.6 Suriname Relay Market Revenues & Volume, By PhotoMOSFET, 2021-2031F |
6.1.7 Suriname Relay Market Revenues & Volume, By Solid State, 2021-2031F |
6.2 Suriname Relay Market, By Voltage Range |
6.2.1 Overview and Analysis |
6.2.2 Suriname Relay Market Revenues & Volume, By Low, 2021-2031F |
6.2.3 Suriname Relay Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Suriname Relay Market Revenues & Volume, By High, 2021-2031F |
6.3 Suriname Relay Market, By Mounting Type |
6.3.1 Overview and Analysis |
6.3.2 Suriname Relay Market Revenues & Volume, By Panel, 2021-2031F |
6.3.3 Suriname Relay Market Revenues & Volume, By PCB, 2021-2031F |
6.3.4 Suriname Relay Market Revenues & Volume, By DIN Rail, 2021-2031F |
6.3.5 Suriname Relay Market Revenues & Volume, By Plug-In, 2021-2031F |
7 Suriname Relay Market Import-Export Trade Statistics |
7.1 Suriname Relay Market Export to Major Countries |
7.2 Suriname Relay Market Imports from Major Countries |
8 Suriname Relay Market Key Performance Indicators |
8.1 Percentage of market penetration in key industries using relay technology. |
8.3 Customer satisfaction and retention rates for relay products and services. |
8.4 Number of strategic partnerships and collaborations to expand market reach and product offerings. |
8.5 Rate of adoption of relay technologies in emerging sectors such as renewable energy and smart infrastructure. |
9 Suriname Relay Market - Opportunity Assessment |
9.1 Suriname Relay Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Suriname Relay Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.3 Suriname Relay Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
10 Suriname Relay Market - Competitive Landscape |
10.1 Suriname Relay Market Revenue Share, By Companies, 2024 |
10.2 Suriname Relay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |