Press release
Solid-state Contactor Market to Expand with Significant CAGR during 2031
Solid-state Contactor Market:• A solid-state contactor (SSC) is an electronic component that switches power (Alternating Current or Direct Current) to a load circuit and provides electrical isolation between an application's control circuit and load circuit
• Contactors are electrical devices used to turn electrical circuit on or off. They are considered as a special type of relay. However, the basic difference between relays and contactors is that contactors are utilized in higher current capacity applications, while relays are used in lower current applications.
• The contactor is compact in size and easy to install in the field mounted. In general, these electrical appliances have multiple contacts. These contacts are usually open in most cases, and when the contactor coil is energized, it powers the load. Contactors are most commonly used to control electric motors.
• There are various types of contactors, each with unique characteristics, functions, and applications. Contactors can cut off a large range of currents from a few amps to thousands of amps and voltages from 24 VDC to 1000 volts.
• These electrical devices are available in a variety of sizes, ranging from hand-held dimensions to sizes measuring a meter
• The contactor is extensively utilized is high-current loads. Contactors are known for their ability to handle currents greater than 5,000 amps and power higher than 100 kW. Heavy motor currents generate arcs when interrupted. These arcs can be reduced and controlled using contactors.
• It is a modest technology to Electromechanical Relays (EMRs) and other switching technologies such as Mercury Displacement Relays (MDRs).
• Solid-state contactors market are used in several applications such as chillers, hydraulic systems, heaters, and sterilizers
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Features of solid-state contactor:
• Compact modular design complete with heat sink
• Panel or DIN Rail mountable
• Simple installation
• Available in single-phase, dual-phase, or three-phase versions
• Lighted status indication
• AC, DC, and analog control options
• Zero-cross switching
• Integrated varistor for surge protection
Rising Demand for Solid-state Contactor in Consumer Electronics Industry
• Based on end-use industry, the global market can be segmented into consumer electronics, mining, chemicals, energy and utilities, semiconductor, oil and gas, automotive, industrial, and others
• The consumer electronics segment is expected to expand at a rapid pace during the forecast period due to a rise in use of solid-state contactor in TVs, refrigerators, ACs, motors, microwave ovens, etc.
• It is also used in consumer electronics such as HVAC equipment and coffee vending machines for switching applications and providing protection against electrical surges
• Increasing usage of solid-state contactor for advance technology in high-tech electronics and automation in consumer electronics is further propelling the market
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Asia Pacific to Lead Global Solid-state Contactor Market
• In terms of region, the global solid-state contactor market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• The solid-state contactor market in Asia Pacific is anticipated to expand at a high growth rate during the forecast period
• This expansion is attributed to numerous applications of solid-state contractors in diverse industries such consumer electronics because of the increasing use of high-tech electronics devices among consumers. This, in turn, fuels the demand for innovative and advanced technology. This factor is projected to increase the demand for solid-state contactors.
• Increasing technological advances in consumer electronics to make devices user-friendly and improve their performance is estimated to further propel the segment
• The solid-state contactor market in Asia Pacific is also expected to expand due to the presence of major players in the region and increased competition among them. The market in Europe is likely to expand at a steady pace during the forecast period.
Key Players operating in Global Solid-state Contactor Market
Major players operating in the global solid-state contactor market are focusing on technological advancement and expansions to cater to the rising demand for solid-state contactors. Moreover, manufacturers are undertaking mergers and acquisitions for the development of advanced technology products.
Key players operating in the global solid-state contactor market include:
• Fuji Electric FA Components & Systems Co., Ltd.
• Rockwell Automation, Inc
• SPRINGER CONTROLS COMPANY
• CARLO GAVAZZI
• Sensata Technologies, Inc
• Celduc Relais
• E. Dold & Söhne GmbH & Co. KG.
• EL.CO.
• Eurotherm
• GREEGOO Electric Co, Ltd.
• Mitsubishi Electric Corporation
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Global Solid-state Contactor Market: Research Scope
Global Solid-state Contactor Market, by Type
• PCB Mounting
• DIN Rail Mounting
• Others (Panel-mount, Surface-mount)
Global Solid-state Contactor Market, by Application
• Heaters
• Hydraulic systems
• Chillers
• Sterilizers
• Lift
• Sliding Door
• Others (Lighting, Auto motor etc.)
Global Solid-state Contactor Market, by End-use Industry
• Consumer Electronic
• Semiconductors
• Mining
• Chemicals
• Food and Beverage
• Energy and Utilities
• Industrial
• Others (Automotive, Oil and gas etc.)
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.
TMR Latest News Publication: https://www.prnewswire.com/news-releases/power-supply-and-charger-market-to-reach-us-79-21-bn-by-2031-opines-tmr-301397741.html
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