SSRs (Solid State Relays) Industry Rising at 8.4 % CAGR by 2023
Global SSRs (Solid State Relays) Industry is expected to grow at a CAGR 8.4 % over the Forecast 2018-2023. SSRs (Solid State Relays) Market studies 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.
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This report focuses on the SSRs (Solid State Relays) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
Global SSRs (Solid State Relays) Market is spread across 137 pages.
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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.
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 worldwide market for SSRs (Solid State Relays) is expected to grow at a CAGR of roughly 8.4% over the next five years, will reach 1360 million US$ in 2023, from 840 million US$ in 2017, according to a new study.
SSRs (Solid State Relays) Industry Segment by Manufacturers
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
Market Segment by Type covers:
Panel Mount
DIN Rail Mount
PCB Mount
Others
Market Segment by Applications can be divided into:
Industrial Automation Equipment
Building Automation
Home Appliances
Power & Energy
Others
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There are 15 Chapters to deeply display the Global SSRs (Solid State Relays) Market.
Chapter 1: Describe SSRs (Solid State Relays) Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of SSRs (Solid State Relays), with sales, revenue, and price of SSRs (Solid State Relays), in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of SSRs (Solid State Relays), for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven SSRs (Solid State Relays) market forecast, by regions, type and application, with sales and revenue, from 2017 to 2023.
Chapter 13, 14 and 15: Describe SSRs (Solid State Relays) sales channel, distributors, traders, dealers, appendix and data source.
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