1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

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

  • August 2015
  • 148 pages
  • MarketsandMarkets
Report ID: 3215239

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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

CNC Controller Market by Hardware, Machine Type, Axis Type, Industry, and Geography - Global Forecast to 2023

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

“CNC Controller market expected to exhibit significant growth between 2017 and 2023” The CNC controller market is projected to grow at a CAGR of 3.8% between 2017 and 2023, to reach USD 3.70 billion ...

Industrial Automation Market for Oil & Gas by Solution, Instruments, and Geography - Global Forecast to 2023

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

“The industrial automation market for oil & gas is expected to exhibit significant growth potential between 2017 and 2023” The industrial automation market for oil & gas is expected to reach USD 15.52 ...

Process Automation & Instrumentation Market by Instrument, Solution, End-User Industry, and Geography - Global Forecast to 2023

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

“Process automation & instrumentation market to exhibit significant growth between 2017 and 2023” The process automation & instrumentation market is expected to be valued at USD 62.64 billion in 2017 ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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