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Solid State Relay Market With Acute Analysis of Global Demand and Supply 2025 with Major Key Players Like TE Connectivity, Broadcom, Crydom, Carlo Gavazzi Holding, OMRON Corporation, OMEGA Engineering, Rockwell Automation and others

Global Solid State Relay Market is expected to rise from its initial estimated value of USD 1 billion in 2018 to an estimated value of USD 1.60 billion by 2026, registering a CAGR of 5.97% in the forecast period of 2019-2026. This rise in market value can be attributed to the modernization and increased adoption from the consumer electronics and electrical industry.

For making a superb Solid State Relay market research report, a combination of principal aspects such as highest level of spirit, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, most advanced technology and commitment plays a key role. Hence, while generating this Solid State Relay market report for a client, all of these are firmly followed. It presents a clear-cut solution to attain market insights with which you can think about market place clearly and thereby take important decisions for the growth in business. The global Solid State Relay market report illustrates all the company profiles of the major players and brands.

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The Solid State Relay report puts forth a range of segments linked to Electronics & Semiconductors industry and market with comprehensive research and analysis. These involve industry outlook with respect to critical success factors (CSFs), industry dynamics that primarily covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis. This list can be elaborated with key company profiles, competitive landscape, and company market share analysis. All the data, figures and information is backed up by authentic analysis tools which include SWOT analysis and Porter’s Five Forces analysis. So, take your business to the peak level of growth with this comprehensive Solid State Relay market research report.

Key Players:

  • TE Connectivity
  • Broadcom
  • Crydom Inc
  • Carlo Gavazzi Holding AG
  • OMRON Corporation
  • OMEGA Engineering
  • Rockwell Automation, Inc.
  • IXYS Integrated Circuits Division
  • Inc.
  • Vishay Intertechnology
  • Teledyne Relays
  • celduc relais
  • Panasonic Corporation
  • Connectwell Industries Pvt. Ltd.
  • Eaton
  • Emtech Solution

Key Developments in the Market:

In November 2018, Carlo Gavazzi Holding AG announced the launch of a new series of solid state relay products. The new series termed as “RGC3 48 Series” include products that have been equipped with dual mounting capabilities of panel mount and thru-wall mount. This product launch will increase their share in the market due to the popularity of the products available in the series.

In December 2016, Vishay Intertechnology announced the launch of expanded VOR series of hybrid solid state relays for usage in telecommunications and networking industries, industrial applications and various others verticals. The new products included in the series are increasingly cost effective and provide enhanced levels of temperature range.

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Market Drivers:

  • Growth of the digital age and autonomous operations in various industries; this is expected to drive the market growth
  • Benefits and features of the product such as resistance against vibration & shocks is increasing the demand for the product; this factor is expected to drive the market growth

Table Of Content: Global Solid State Relay Market

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Solid State Relay Market Landscape
Part 04: Global Solid State Relay Market Sizing
Part 05: Global Solid State Relay Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis


Market Restraints:

  • Availability of cheaper substitutes in the market is expected to restrain the market growth
  • Loss of power and current during switching on and off solid state relay; this factor is expected to act as a restraint to the market growth

Segmentation: Global Solid State Relay Market

By Mounting Type

  • Panel Mount
  • Printed Circuit Board (PCB) Mount
  • DIN Rail Mount
  • Others

By Output Voltage

  • Alternate Current Solid State Relay (AC SSR)
  • Direct Current Solid State Relay (DC SSR)
  • Alternate Current/Direct Current Solid State Relay (AC/DC SSR)

By Current Rating

  • Low (0-20A)
  • Medium (20-50A)
  • High (50A & Above)

By Application

  • Industrial Automation
  • Machine Tools
  • Elevators
  • Conveyor Systems
  • Industrial Robots
  • Material Handling Equipment
  • Others

Building Equipment

  • Lighting Systems
  • Office Lighting Systems
  • Warehouse/Theatrical Lighting Systems
  • Security & Access Control Systems
  • HVAC Systems
  • Others

Industrial OEM

  • Electronics Equipment
  • Packaging Devices
  • Plastic & Printing Devices
  • Others

Energy & Infrastructure

  • Power Distribution
  • Solar Tracking Systems
  • Wind Turbines
  • Others

Automotive & Transportation

  • Train Control Systems
  • Electric Vehicles
  • Others
  • Medical
  • Dialysis Machines
  • Medical Sterilizers
  • Incubators
  • Others

Food & Beverage

  • Ovens
  • Coffee Makers & Vending Machines
  • Others

Competitive Analysis:

Global solid state relay market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of solid state relay market for global, Europe, North America, Asia-Pacific and South America.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry. Speak to Author



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