The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Solid State Relay Market. The growth sectors of the Solid State Relay Market are identified with precision for a better growth perspective.
According to Market Research Future, the global solid state relay market has been segmented on the basis of mounting type, output voltage, current rating, application, and region.
By mounting type, the global solid state relay market has been segmented into panel mount, PCB mount, DIN rail mount, and others. Among these products, the DIN rail mounting type is estimated to witness the largest growth during the forecast period. This type of mounting is used for circuit breakers and industrial control equipment inside equipment racks. Since the structure of these mounts is designed as per industry standards, it is highly accepted across geographies.
Based on output voltage, the global solid state relay market has been segmented into AC solid state relay, DC solid state relay, and AC/DC solid state relay. Among the above-mentioned segments, the AC/DC solid state relay segment is estimated to grow with the fastest rate during the forecast period 2019–2025. One of the major reasons contributing to the growth of this segment is the adoption of AC/DC solid state relay in control system applications.
On the basis of the current rating, the global solid state relay market has been segmented into low (0–20A), medium (20A–50A), and high (50A & above). Among these segments, the market for low current rating of solid state relays is estimated to grow at the fastest rate during the forecast period. The demand for thermostats in devices that generate continuous heat has encouraged the adoption of solid state relays with low current rating.
By application, the global solid state relay market has been segmented industrial automation, building equipment, industrial OEM, energy & infrastructure, automotive & transportation, medical devices, food & beverages, and others. Among these applications, the automotive & transportation segment is estimated to witness the fastest growth during the forecast period. This is due to increasing demand for electric vehicles, advanced driver assistance systems (ADAS), and infotainment systems which are usually battery operated and deployed for several switching applications.
By region, the global solid state relay market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. Among these regions, the North American region is expected to dominate the global market during the forecast period, whereas, the Asia-Pacific region is estimated to witness the fastest growth during the forecast period, 2019–2025.
Key Players
The key players in the solid state relay market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Omega Engineering Inc. (US), Omron Corporation (Japan), Fujitsu Limited (Japan), ABB Ltd (Switzerland), General Electric (US), Fairchild Semiconductor (US), STMicroelectronics (Switzerland), Crydom Inc. (US), Celduc Relais (France), Infineon Technologies AG (Germany), Rockwell Automation, Inc. (US), Teledyne Relays, Inc. (US), Avago Technologies, Ltd (US), Carlo Gavazzi Holding AG (Switzerland), and Vishay Intertechnology (Siliconix) (US). These players contribute a significant share in the growth of the global solid state relay market.
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According to Market Research Future (MRFR), the global Solid State Relay market is expected to develop from USD 1.09 billion in 2018 to USD 1.78 billion by 2025, with a CAGR of 7.23% from 2018 to 2025 (forecast period).
The solid state relay market report explores the impact of COVID-19 on the market, including potential opportunities and challenges, drivers and risks, and market growth projections focusing on various scenarios.
Solid state relays are designed to switch both AC and DC currents using a silicone-controlled rectifier (SCR), a triode for alternating current (TRIAC), or switching transistor output instead of the usual mechanical normally-open (NO) contacts.
In addition, long operating life and less maintenance of solid state relays have compelled manufacturers to replace electromechanical relays with solid state relays.
These include Omron Corporation (Japan), Rockwell Automation, Inc. (US), Teledyne Relays, Inc. (US), ABB Ltd (Switzerland), General Electric (US), Avago Technologies, Ltd (US), Crydom Inc. (US), Omega Engineering Inc. (US), Celduc Relais (France), Fujitsu Limited (Japan), Infineon Technologies AG (Germany), Carlo Gavazzi Holding AG (Switzerland), Vishay Intertechnology (Siliconix) (US), Fairchild Semiconductor (US), and STMicroelectronics (Switzerland).
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/8645 Market Segmentation The global market for solid state relay has been segmented based on mounting type, output voltage, current rating, and application.
The latest trending report Global Solid State Relay Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Solid State Relay market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Solid State Relay industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Solid State Relay and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/25842-solid-state-relay-market-analysis-reportThe major players covered in Solid State Relay are: Panasonic OPTO22 Crydom Siemens TE CELDUC IXYS OMRON Carlo gavazzi Sharp FOTEK GUTE AVAGO Tech JC-SZ Jinxinrong Bright Toward COSMO Kangyu CLION Rockwell Automation CHANSIN Suzhou No.1 Radio Componen Schneider SANYOU RELAY Wuxi Solid Qunli TianhaoBy Type, Solid State Relay market has been segmented into PCB Mount Panel Mount Din rail Mount Digital I/O ModulesBy Application, Solid State Relay has been segmented into: Industrial Controls Household and electrical appliances Medical equipment Communications OthersThe report offers in-depth assessment of the growth and other aspects of the Solid State Relay market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Solid State Relay Market @ https://www.decisiondatabases.com/contact/download-sample-25842The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Solid State Relay product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Solid State Relay, with price, sales, revenue and global market share of Solid State Relay in 2018 and 2019.Chapter 3, the Solid State Relay competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Solid State Relay breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Solid State Relay market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Solid State Relay sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Solid State Relay Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-25842All Relay Related Reports by DecisionDatabases.com @ https://goo.gl/wwsZARAbout-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Solid State Relay Market 2021-2025New Study Reports " Solid State Relay Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2025" has been Added on MarketResearchFuture.Introduction/Report Summary:This report provides in depth study of “Solid State Relay Market” using SWOT analysis i.e.
In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.This report also analyzes the impact of Coronavirus COVID-19 on the Solid State Relay industry.According to Market Research Future, the market for Solid State Relays has been segmented on the basis of type, operating system, distribution channel, input device, and region.Key PlayersThe report has profiled some of the Important players prevalent in the global like – The Key Players in the Solid State Relay Market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
Some of them are Omega Engineering Inc. (US), Omron Corporation (Japan), Fujitsu Limited (Japan), ABB Ltd (Switzerland), General Electric (US), Fairchild Semiconductor (US), STMicroelectronics (Switzerland), Crydom Inc. (US), Celduc Relais (France), Infineon Technologies AG (Germany), Rockwell Automation, Inc. (US), Teledyne Relays, Inc. (US), Avago Technologies, Ltd (US), Carlo Gavazzi Holding AG (Switzerland), and Vishay Intertechnology (Siliconix) (US).
These players contribute a significant share in the growth of the global solid state relay market and more.This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Solid State Relay.Request for Free Sample Report of “Solid State Relay” Market @ https://www.marketresearchfuture.com/sample_request/8645By mounting type, the global solid state relay market has been segmented into panel mount, PCB mount, DIN rail mount, and others.
Since the structure of these mounts is designed as per industry standards, it is highly accepted across geographies.Based on output voltage, the global solid state relay market has been segmented into AC solid state relay, DC solid state relay, and AC/DC solid state relay.
Among the above-mentioned segments, the AC/DC solid state relay segment is estimated to grow with the fastest rate during the forecast period 2019–2025.
