Solid State Relay Market Growth, Trends, COVID-19 Impact, And Forecast (2019 - 2026)

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Solid State Relay Market Growth, Trends, COVID-19
Impact, And Forecast (2019 - 2026)
Solid State Relay Market By Mounting Type (Panel
Mount, PCB Mount, DIN Rail Mount, Others), Output
Voltage (AC SSR, DC SSR, AC/DC SSR), Current
Rating (Low, Medium, High), Application
(Industrial Automation, Building Equipment,
Industrial OEM, Energy Infrastructure,
Automotive Transportation, Medical, Food
Beverage), Geography (North America, South
America, Europe, Asia-Pacific, Middle East and
Africa) Industry Trends and Forecast to 2026
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ket
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Report Description
Global Solid State Relay Market is expected to
rise from its initial estimated value of USD 1
billion in 2018 to an estimated value of USD 1.60
billion by 2026, registering a CAGR of 5.97 in
the forecast period of 2019-2026. This rise in
market value can be attributed to the
modernization and increased adoption from the
consumer electronics and electrical
industry. Solid state relay is a type of
electronic device that switches itself when an
external surge of voltage flows through the
device. These devices are applied on various
control terminals and are consisting of a sensor
and a switching device which switches the power
to the load circuit.
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et
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Major Key Players

• Some of the major players operating in this
  market are
• TE Connectivity
• Broadcom
• Crydom Inc.
• Carlo Gavazzi Holding AG
• OMRON Corporation
• OMEGA Engineering
• Rockwell Automation, Inc.
• IXYS Integrated Circuits Division
• AMETEK.Inc
• FUJITSU
• Vishay Intertechnology Teledyne Relays

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solid-state-relay-market
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Market Segmentation

• By Mounting Type (Panel Mount, PCB Mount, DIN
  Rail Mount, Others)
• By Output Voltage (AC SSR, DC SSR, AC/DC SSR)
• By Application (Industrial Automation, Building
  Equipment, Industrial OEM, Energy
  Infrastructure, Automotive Transportation,
  Medical, Food Beverage)

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l-solid-state-relay-market
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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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