Relay Market in Turkey

With the continuous development of technology, all walks of life are constantly innovating to adapt to the ever-changing market needs. This unstoppable wave is also impacting the electricity meter industry, pushing industry elites in various countries forward. Of course, the indispensable accessory in the electric meter is the relay. Different countries have different measures for the electricity meter industry. Today we will look at the details of the electricity meter market and the relay market in Asia-Europe fortress Turkey.

Since Turkey implemented its opening-up policy, its economy has achieved leapfrog development, and it has rapidly transformed from a traditional agricultural country with a relatively backward economic foundation to a modern industrial country. Turkey has increased investment in infrastructure construction, continuously improved the investment environment to attract foreign investment, vigorously developed foreign trade, and made great achievements in economic construction.

For the smart meter industry, Turkey plans to spend 4.3 billion euros to replace 50 million smart meters by 2035. The Turkish Energy Market Regulatory Authority (EMRA) and the Distribution System Operators Association (ELDER) have developed plans for this replacement target. The main purpose is to ensure more efficient power usage and reduce power losses.

As we mentioned earlier, the huge electricity meter market has also brought explosive growth in demand for relays in electricity meters. As a kind of electrical control device, when the input quantity (excitation quantity) changes to meet the specified requirements, the relay is an electrical appliance that causes the controlled quantity to undergo a predetermined step change in the electrical output circuit. The application scenarios are very wide, such as remote control, Telemetry, communication, automatic control, etc., these applications undoubtedly increase the intelligent development process of smart meters. Due to the increasing demand for smart meters and relays in Turkey, the demand for relays that meet local needs, such as magnetic latching relays, motor latching relays, and power relays that can be used for smart monitoring, continues to soar in Turkey.

The relay is the core "soul" of the electric meter, and our IVY's analysis and control of the market and the provision of relays that are most in line with the corresponding market are also the "soul" of the electronics industry! For more information about the relay, you can find out through our website: www.ivy-metering.com