Solid State Relay Market
Solid State Relay - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Solid State Relay Market is accounted for $1.07 billion in 2017 and is expected to reach $1.99 billion by 2026 growing at a CAGR of 7.1% during the forecast period. Demand of redesigning ageing intensity of framework in created areas and increase in the foundation of seaward are some factors impacting the market growth. However, prerequisite of heat sink to manage thermal load is hindering the market growth.
Solid state relays (SSRs) are electronic gadgets that turn either ON or OFF by the use of a little outer voltage all through its control terminals. They have semiconductor exchanging components, for example, thyristors, triacs, diodes, and transistors. There are three kinds of SSRs dependent on its yield among these, AC yield strong state transfers are utilized to control the stream of electrical vitality in AC control frameworks. Different SSRs require lesser power than electromechanical hand-off curls to turn ON or OFF.
Based on Mounting Type, Panel-mount segment has a significant growth during the forecast period. They offer low leakage of present in its off-state, thereby making it a dependable option. Panel-mount SSRs have a broad in service range, which, in turn, provides most favorable performance.
By Geography, the Asia Pacific is anticipated to grow at the significant market share during the forecast period. Countries such as China and Japan are the countries driving the growth of the market in this region. China is a key supplier to the growth of the SSR market owing to its huge industrial and manufacturing sectors.
Some of the key players in the market Teledyne Relays, Ixys Integrated Circuits Division, Celduc Relais, Anacon Electronic Sales, Rockwell Automation, Fujitsu, Broadcom, Omega Engineering, Crydom, Omron Corporation, Carlo Gavazzi, Te Connectivity, Eaton, Arico Technology and Ametek.
Current Ratings Covered:
• High (50a & Above)
• Medium (20–50a)
• Low (0–20a)
Output Voltages Covered:
• AC/DC SSR
• DC SSR
• AC SSR
Mounting Types Covered:
• DIN Rail Mount
• PCB Mount
• Panel Mount
• Other Mounting Types
Applications Covered:
• Food & Beverages
• Medical
• Automotive & Transportation
• Energy and Infrastructure
• Industrial Oem
• Building Equipment
• Industrial Automation
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Solid State Relay Market, By Current Rating
5.1 Introduction
5.2 High (50a & Above)
5.3 Medium (20–50a)
5.4 Low (0–20a)
6 Global Solid State Relay Market, By Output Voltage
6.1 Introduction
6.2 AC/DC SSR
6.3 DC SSR
6.4 AC SSR
7 Global Solid State Relay Market, By Mounting Type
7.1 Introduction
7.2 DIN Rail Mount
7.3 PCB Mount
7.4 Panel Mount
7.5 Other Mounting Types
8 Global Solid State Relay Market, By Application
8.1 Introduction
8.2 Food & Beverages
8.2.1 Coffee Makers & Vending Machines
8.2.2 Ovens
8.2.3 Other Food & Beverages
8.3 Medical
8.3.1 Incubators
8.3.2 Medical Sterilizers
8.3.3 Diagnosis & Analysis Devices
8.3.4 Dialysis Machines
8.3.5 Other Medicals
8.4 Automotive & Transportation
8.4.1 Electric Vehicles
8.4.2 Train Control Systems
8.4.3 Input/Output interface
8.4.4 Other Automotive & Transportation
8.5 Energy and Infrastructure
8.5.1 Wind Turbines
8.5.2 Solar Tracking Systems
8.5.3 Power Distribution
8.5.4 Other Energy and Infrastructures
8.6 Industrial Oem
8.6.1 Plastic and Printing Devices
8.6.2 Packaging Devices
8.6.3 Electronics Equipment
8.6.4 Other Industrial Oems
8.7 Building Equipment
8.7.1 HVAC Systems
8.7.2 Security and Access Control Systems
8.7.3 Lighting Systems
8.7.3.1 Warehouse/Theatrical Lighting Systems
8.7.3.2 Office Lighting Systems
8.7.4 Other Building Equipments
8.8 Industrial Automation
8.8.1 Material Handling Equipment
8.8.2 Industrial Robotics
8.8.3 Conveyor Systems
8.8.4 Elevators
8.8.5 Machine Tools
9 Global Solid State Relay Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Teledyne Relays
11.2 Ixys Integrated Circuits Division
11.3 Celduc Relais
11.4 Anacon Electronic Sales
11.5 Rockwell Automation
11.6 Fujitsu
11.7 Broadcom
11.8 Omega Engineering
11.9 Crydom
11.10 Omron Corporation
11.11 Carlo Gavazzi
11.12 Te Connectivity
11.13 Eaton
11.14 Arico Technology
11.15 Ametek
List of Tables
1 Global Solid State Relay Market Outlook, By Region (2016-2026) (US $MN)
2 Global Solid State Relay Market Outlook, By Current Rating (2016-2026) (US $MN)
3 Global Solid State Relay Market Outlook, By High (50a & Above) (2016-2026) (US $MN)
4 Global Solid State Relay Market Outlook, By Medium (20–50a) (2016-2026) (US $MN)
5 Global Solid State Relay Market Outlook, By Low (0–20a) (2016-2026) (US $MN)
6 Global Solid State Relay Market Outlook, By Output Voltage (2016-2026) (US $MN)
7 Global Solid State Relay Market Outlook, By AC/DC SSR (2016-2026) (US $MN)
8 Global Solid State Relay Market Outlook, By DC SSR (2016-2026) (US $MN)
9 Global Solid State Relay Market Outlook, By AC SSR (2016-2026) (US $MN)
10 Global Solid State Relay Market Outlook, By Mounting Type (2016-2026) (US $MN)
11 Global Solid State Relay Market Outlook, By DIN Rail Mount (2016-2026) (US $MN)
12 Global Solid State Relay Market Outlook, By PCB Mount (2016-2026) (US $MN)
13 Global Solid State Relay Market Outlook, By Panel Mount (2016-2026) (US $MN)
14 Global Solid State Relay Market Outlook, By Other Mounting Type (2016-2026) (US $MN)
15 Global Solid State Relay Market Outlook, By Application (2016-2026) (US $MN)
16 Global Solid State Relay Market Outlook, By Food & Beverages (2016-2026) (US $MN)
17 Global Solid State Relay Market Outlook, By Coffee Makers & Vending Machines (2016-2026) (US $MN)
18 Global Solid State Relay Market Outlook, By Ovens (2016-2026) (US $MN)
19 Global Solid State Relay Market Outlook, By Other Food & Beverages (2016-2026) (US $MN)
20 Global Solid State Relay Market Outlook, By Medical (2016-2026) (US $MN)
21 Global Solid State Relay Market Outlook, By Incubators (2016-2026) (US $MN)
22 Global Solid State Relay Market Outlook, By Medical Sterilizers (2016-2026) (US $MN)
23 Global Solid State Relay Market Outlook, By Diagnosis & Analysis Devices (2016-2026) (US $MN)
24 Global Solid State Relay Market Outlook, By Dialysis Machines (2016-2026) (US $MN)
25 Global Solid State Relay Market Outlook, By Other Medicals (2016-2026) (US $MN)
26 Global Solid State Relay Market Outlook, By Automotive & Transportation (2016-2026) (US $MN)
27 Global Solid State Relay Market Outlook, By Electric Vehicles (2016-2026) (US $MN)
28 Global Solid State Relay Market Outlook, By Train Control Systems (2016-2026) (US $MN)
29 Global Solid State Relay Market Outlook, By Input/Output interface (2016-2026) (US $MN)
30 Global Solid State Relay Market Outlook, By Other Automotive & Transportation (2016-2026) (US $MN)
31 Global Solid State Relay Market Outlook, By Energy and Infrastructure (2016-2026) (US $MN)
32 Global Solid State Relay Market Outlook, By Wind Turbines (2016-2026) (US $MN)
33 Global Solid State Relay Market Outlook, By Solar Tracking Systems (2016-2026) (US $MN)
34 Global Solid State Relay Market Outlook, By Power Distribution (2016-2026) (US $MN)
35 Global Solid State Relay Market Outlook, By Other Energy and Infrastructures (2016-2026) (US $MN)
36 Global Solid State Relay Market Outlook, By Industrial Oem (2016-2026) (US $MN)
37 Global Solid State Relay Market Outlook, By Plastic and Printing Devices (2016-2026) (US $MN)
38 Global Solid State Relay Market Outlook, By Packaging Devices (2016-2026) (US $MN)
39 Global Solid State Relay Market Outlook, By Electronics Equipment (2016-2026) (US $MN)
40 Global Solid State Relay Market Outlook, By Other Industrial Oems (2016-2026) (US $MN)
41 Global Solid State Relay Market Outlook, By Building Equipment (2016-2026) (US $MN)
42 Global Solid State Relay Market Outlook, By HVAC Systems (2016-2026) (US $MN)
43 Global Solid State Relay Market Outlook, By Security and Access Control Systems (2016-2026) (US $MN)
44 Global Solid State Relay Market Outlook, By Lighting Systems (2016-2026) (US $MN)
45 Global Solid State Relay Market Outlook, By Warehouse/Theatrical Lighting Systems (2016-2026) (US $MN)
46 Global Solid State Relay Market Outlook, By Office Lighting Systems (2016-2026) (US $MN)
47 Global Solid State Relay Market Outlook, By Other Building Equipments (2016-2026) (US $MN)
48 Global Solid State Relay Market Outlook, By Industrial Automation (2016-2026) (US $MN)
49 Global Solid State Relay Market Outlook, By Material Handling Equipment (2016-2026) (US $MN)
50 Global Solid State Relay Market Outlook, By Industrial Robotics (2016-2026) (US $MN)
51 Global Solid State Relay Market Outlook, By Conveyor Systems (2016-2026) (US $MN)
52 Global Solid State Relay Market Outlook, By Elevators (2016-2026) (US $MN)
53 Global Solid State Relay Market Outlook, By Machine Tools (2016-2026) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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