The solid-state relay market is to record a 5% CAGR over the forecast period (2022-2028). 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.
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Company Profile
- Anacon Electronic Sales, Inc.
- Broadcom
- Carlo Gavazzi Holding AG
- Crydom Inc.,
- FUJITSU
- GENERAL ELECTRIC
- OMEGA Engineering Inc.
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
Scope of the Report
The research study analyzes the global Solid-State Relay industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
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
A full report of Global Solid-State Relay Market is available at:https://www.orionmarketreports.com/solid-state-relay-market/51139/
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
Key Questions Answered by Solid-State Relay Market Report
1. What was the Solid-State Relay Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Solid-State Relay Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Solid-State Relay Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Solid-State Relay market.
- The market share of the global 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 global Solid-State Relay market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Solid-State Relay market.
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