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 was valued at 840 million US$ in 2018 and will 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 categorizes the production, apparent consumption, export and import of SSRs (Solid State Relays) in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their SSRs (Solid State Relays) manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
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
Southeast Asia
India
Segment by Type
Panel Mount
DIN Rail Mount
PCB Mount
Others
Segment by Application
Industrial Automation Equipment
Building Automation
Home Appliances
Power & Energy
Others
Summary:
Get latest Market Research Reports on SSRs (Solid State Relays). Industry analysis & Market Report on SSRs (Solid State Relays) is a syndicated market report, published as Global SSRs (Solid State Relays) Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of SSRs (Solid State Relays) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.