Solid State Relays (Ssr) Market 2021 Precise Outlook – Crydom, OMRON, Carlo gavazzi, Sharp, IXYS, TE Connectivity, groupe celduc, Fujitsu Limited, Schneider

The Global Solid State Relays (Ssr) Market report provides the overall structure and business outlook of the Global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a Global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the Global Solid State Relays (Ssr) Market with its specific geographical regions.

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“Over the next five years the Solid State Relays (SSR) market will register a 6.0% CAGR in terms of revenue, the global market size will reach US$ 1092.1 million by 2026.”

Top leading Companies Profiled in Solid State Relays (Ssr) Market Report are Crydom, OMRON, Carlo gavazzi, Sharp, IXYS, TE Connectivity, groupe celduc, Fujitsu Limited, Schneider, Siemens, Rockwell Automation, OPTO22, Xiamen Jinxinrong Electronics, JiangSu GlOD Electrical Control Technology, Vishay, Broadcom, Clion Electric, Bright Toward, Wuxi Tianhao Electronics, Suzhou No.1 Radio Component, COSMO, Shaanxi Qunli, Wuxi Solid, Suzhou Integrated Technology, FOTEK, Wuxi KangYu Electric Element

News and Latest Developments

Sensata Technologies Launches New Low Noise, Solid State Relays- SWINDON, United Kingdom-March 31, 2020– Sensata Technologies (NYSE:ST), an industrial technology company and a leading provider of sensors, today announced the availability of the new Low Noise (LN) series of panel mounted solid state relays designed for use in a wide range of consumer and industrial systems and products where precise power control, long life, reliability and reduced levels of electromagnetic noise are required.

Littelfuse Introduces 1 Amp Fault Protected Solid State Relay with Integrated Current Limiting and Thermal Shutdown- CHICAGO, January 13, 2021 - Littelfuse, Inc. (NASDAQ: LFUS), a global manufacturer of leading technologies in circuit protection, power control and sensing, today announced the CPC1561B Solid State Relay (SSR). The CPC1561B is the highest current (1 A, 60 V) normally-open SSR currently available on the market to integrate both current limiting and thermal shutdown circuits.

Omron launches MOSFET relay module with solid state relay in T-type circuit structure- OMRON Corporation has globally released its new MOS FET relay module　"G3VM-21MT". The product is the first electronic component in the world to adopt a "T-type circuit structure". With T-type circuit structure consisting of compact size and longer lifecycle solid state relays that output signals using no physical contact, the relay module minimises the leakage current, which has long been a problem with semiconductor test equipment. G3VM-21MT allows high-precision measurement and improves productivity of electronic components.

Segment by Type
PCB Mount
Panel Mount
Din Rail Mount

Segment by Application
Industrial Equipment
Home Appliance
Building Automation
Power & Energy
Others

Market Overview

APAC is currently the electronic hub in the world owing to the high demand in countries such as China, India, Japan, South Korea, Taiwan, and Singapore. A large number of electronic devices are manufactured in APAC, which are consumed within the region as well as exported worldwide. The presence of electronics giants such as Samsung, SK Hynix, and Toshiba is aiding the growth of the semiconductor industry in the region. The increasing population in APAC and the capability of companies in APAC to manufacture electronic equipment have increased the demand for semiconductors, which are implemented in devices such as HVAC equipment, robotic equipment, material handling equipment, and building equipment. This is consequently expected to fuel the demand for SSRs and create growth opportunities for the market players in the region.

The growing adoption of high-tech electronics and automation in the consumer electronics industry is expected to drive the growth of the Solid State relay market size. Solid state relay is used in many consumer electronics as a substitute for traditional electromechanical relays (EMR). It is used in consumer electronics such as ovens, HVAC equipment, and coffee vending machines to switch applications and protect against electrical surges. As a result, the increasing adoption of high-tech electronics and automation in consumer electronics is driving the growth of the solid state relay (SSR) market.

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Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Solid State Relays (Ssr) Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Solid State Relays (Ssr) market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Solid State Relays (Ssr) market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries Globally for the Solid State Relays (Ssr)

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In conclusion, the Solid State Relays (Ssr) market report present the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Solid State Relays (Ssr) Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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