Press release
Solid-State Relay Market 2021 Size, Growth Analysis Report, Forecast to 2027
The solid-state relay market is expected to record a 5% CAGR over the forecast period (2021-2027). Solid state relays are electronic switching devices that use the electrical and optical properties of solid-state semiconductors to switch on or off when a small external voltage is applied to the control terminals. It is mainly used to prevent serious accidents or flashovers as it trips the circuit breaker when a fault is detected and prevents damage to the central system. Unlike electromechanical relays, they have no moving parts that wear out, so they have a long life.A full report of Solid-State Cooling Market available at https://www.orionmarketreports.com/solid-state-relay-market/51139/
Solid-State Relay Market- Segmentation
By Mounting Type:
• Panel
• PCB
• DIN Rail
• Others (plug-in, SO4, and DIP)
By Output Voltage
• AC
• DC
• AC/DC
By Current Rating
• Low (0A–20A)
• Medium (20A–50A)
• High (More than 50A)
By Application
• Industrial Automation
• Building Equipment
• Industrial OEM
• Energy & Infrastructure
• Automotive & Transportation
• Medical
• Food & Beverages
Key market players
• Anacon Electronic Sales, Inc.
• Broadcom
• Carlo Gavazzi Holding AG
• Crydom Inc.,
• FUJITSU
• GENERAL ELECTRIC
• OMEGA Engineering Inc.
• OMRON Corporation
• Rockwell Automation, Inc.
• Teledyne Relays
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Solid-State Relay Market.
• The market share of the Solid-State Relay Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Solid-State Relay Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Solid-State Relay Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Solid-State Relay Market Report
• What was the Solid-State Relay Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Solid-State Relay Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Solid-State Relay Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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