1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Solid State Relay Market by mounting, output, application and Geography - Global forecast to 2020

Solid State Relay Market by mounting, output, application and Geography - Global forecast to 2020

  • August 2015
  • -
  • MarketsandMarkets
  • -
  • 148 pages

Summary

Table of Contents

Search Inside

Solid state relays are semiconductor devices that are used to switch electricity to a load when a small external voltage is applied across its control terminals. They are very similar to an opto coupled devices but with a variation that these device use MOSFET transistors as the switching device. The solid state relays can be designed to switch either AC or DC to the load and have features such as small size, long operating life, and low noise while operating which makes it ideal to be used in the wide range of applications. Solid state relays are widely being used in Industrial automation, building equipment, and industrial OEMs sectors. This report segments the said market based on mounting type, output, application, and geography. The report also includes the analysis and forecasts related to the solid state relay market.

The solid state relay market has been classified into panel mount, PCB mount, and DIN rail mount based on the mounting type. The said market has been segmented on the basis of application into building equipment, energy & infrastructure, food & beverage, industrial OEMs, automotive & transportation, medical, and industrial automation.

The solid state relay market is expected to reach USD 1,138.8 million by 2020, at a CAGR of 5.53% from 2015 to 2020. The DIN rail SSRs market is expected to grow at the highest CAGR; its growth can be attributed to its increasing usage in the applications such as industrial automation building equipment, industrial OEMs, and the automotive & transportation segment.

The said market has been segmented based on geography into North America, Europe, APAC, and RoW. The APAC region is currently the largest market for solid state relays and is expected to exhibit a high growth rate in the next five years.

The report also details the competitive landscape of the solid state relay market by analyzing the strategies adopted by major players to achieve growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models such as the Porter’s Five Forces framework. The report includes the profiles of the major players in the solid state relay market along with their respective key player ranking analyses.

Some of the prominent companies in this market include Crydom, Inc. (U.S.), Omron Corporation (Japan), Vishay Intertechnology, Inc. (U.S.), Celduc Relais (France), IXYS Integrated Circuits Division, Inc. (U.S.), Omega Engineering, Inc. (U.S.), Rockwell Automation (U.S.), Fujitsu Limited (Japan), Avago Technologies, Inc. (Singapore), and Carlo Gavazzi Holding AG (Switzerland).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Smart Factory Market by Technology (DCS, PLC, MES, ERP, SDADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), End-User Industry, and Region - Global Forecast to 2022

Smart Factory Market by Technology (DCS, PLC, MES, ERP, SDADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), End-User Industry, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“Smart factory market expected to exhibit significant growth potential between 2017 and 2022” The smart factory market is projected to grow at a CAGR of 9.3% between 2017 and 2022, to reach USD 205.42 ...

Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography - Global Forecast to 2022

Agricultural Robots Market by Type (UAVs, Milking Robots, Harvesting Systems, Driverless Tractors), Offering (Hardware-Automation & Control System, Sensor & Monitoring Device; Software; Services), Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The increasing focus on farm efficiency and productivity and adoption of new technologies in farming drive the growth of the agricultural robots market” The agricultural robots market is expected ...

Robotic Process Automation Market by Process, Operation, Type, Industry, and Geography - Global Forecast to 2022

Robotic Process Automation Market by Process, Operation, Type, Industry, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Robotic process automation market expected to exhibit significant growth potential between 2017 and 2022.” The robotic process automation market is estimated to reach USD 2,467.0 million by 2022, ...

Machine Tools Markets In China

April 2017 $ 4000

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.