Press release
Global SSRs (Solid State Relays) Market to 2019-2025| Crydom, Fujitsu Limited, Jinxinrong, IXYS, AVAGO, TE, OPTO22
SSRs (Solid State Relays) Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the SSRs (Solid State Relays) industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, SSRs (Solid State Relays) market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.
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SSRs (Solid State Relays) have no movable contacts. SSRs are not very different in operation from mechanical relays that have movable contacts. SSRs, however, employ semiconductor switching elements, such as thyristors, triacs, diodes, and transistors. SSRs consist of electronic parts with no mechanical contacts. Therefore, SSRs have a variety of features that mechanical relays do not incorporate. The greatest feature of SSRs is that SSRs do not use switching contacts that will physically wear out.
SSRs are ideal for a wide range of applications due to the following performance characteristics.
In the coming years there is an increasing demand for Solid State Relay in the regions of China, North America and Europe that is expected to drive the market for more advanced Solid State Relay. Increasing of Industrial Automation Equipment, Building Automation fields expenditures, More-intense competition, Launches in introducing new products, Retrofitting and renovation of old technology, Increasing adoption of Solid State Relay will drive growth in China, United States and Europe markets.
There are many manufacturers including OMRON, Panasonic, Crydom, Fujitsu Limited, Jinxinrong, IXYS, AVAGO, TE, CELDUC, Sharp, Siemens, Rockwell Automation, OPTO22, Schneider, Carlo gavazzi, JiangSu GlOD Electrical Control Technology, Vishay, Bright Toward and CLION, The largest manufacturer is OMRON, whose market share is 13.53% in 2017.
The consumption volume of Solid State Relay is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Solid State Relay industry may not keep that fast. But it is surely forecasted that the market of Solid State Relay is still promising.
The global SSRs (Solid State Relays) market is valued at 840 million US$ in 2018 is expected to reach 1260 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on SSRs (Solid State Relays) volume and value at global level, regional level and company level. From a global perspective, this report represents overall SSRs (Solid State Relays) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
OMRON
Panasonic
Crydom
Fujitsu Limited
Jinxinrong
IXYS
AVAGO
TE
CELDUC
Sharp
Siemens
Rockwell Automation
OPTO22
Schneider
Carlo gavazzi
JiangSu GlOD Electrical Control Technology
Vishay
Bright Toward
CLION
Segment by Regions
North America
Europe
China
Japan
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Segment by Type
Panel Mount
DIN Rail Mount
PCB Mount
Others
Segment by Application
Industrial Automation Equipment
Building Automation
Home Appliances
Power & Energy
Others
List of Tables and Figures
Figure Picture of SSRs (Solid State Relays)
Table Global SSRs (Solid State Relays) Production (K Units) Growth Rate Comparison by Types (2014-2025)
Figure Global SSRs (Solid State Relays) Production Market Share by Types in 2018
Figure Panel Mount Product Picture
Table Panel Mount Major Manufacturers
Figure DIN Rail Mount Product Picture
Table DIN Rail Mount Major Manufacturers
Figure PCB Mount Product Picture
Table PCB Mount Major Manufacturers
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