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Solid State Relays (SSR) is an electronic state relay. Its internal structure is an integrated mounting package of semiconductor elements and electronics circuit board. Its main characteristics are resistant to high voltage and high current, contactor less (no noise), good isolation and ease of heat evaporation. Its main application includes: Industrial automation, home appliances, Building Automation etc.
According to our (Global Info Research) latest study, the global Solid State Relays (SSR) market size was valued at USD 517.3 million in 2022 and is forecast to a readjusted size of USD 741.8 million by 2029 with a CAGR of 5.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific occupies the largest market share with 54%. It is followed by North America and Europe. The global market for solid state relay is dominated by a few large vendors. Companies such as Panasonic, Crydom, OMRON and Carlo gavazzi are the key manufacturters. The top 5 have about 34% market shares.In terms of product, PCB mount is the largest segment, with a share over 47%. And in terms of application, the largest application is industrial equipment, followed by home appliance.
This report is a detailed and comprehensive analysis for global Solid State Relays (SSR) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Solid State Relays (SSR) market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Solid State Relays (SSR) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Solid State Relays (SSR) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Solid State Relays (SSR) market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solid State Relays (SSR)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solid State Relays (SSR) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Crydom, OMRON, Carlo gavazzi, Sharp and IXYS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Solid State Relays (SSR) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- PCB Mount
- Panel Mount
- Din Rail Mount
Market segment by Application
- Industrial Equipment
- Home Appliance
- Building Automation
- Power & Energy
- Others
Major players covered
- Crydom
- OMRON
- Carlo gavazzi
- Sharp
- IXYS
- TE Connectivity
- groupe celduc
- Fujitsu Limited
- Schneider
- Siemens
- Rockwell Automation
- OPTO22
- Xiamen Jinxinrong Electronics
- JiangSu GlOD Electrical Control Technology
- Vishay
- Broadcom
- Clion Electric
- Bright Toward
- Wuxi Tianhao Electronics
- Suzhou No.1 Radio Component
- COSMO
- Shaanxi Qunli
- Wuxi Solid
- Suzhou Integrated Technology
- FOTEK
- Wuxi KangYu Electric Element
- Panasonic
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solid State Relays (SSR) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solid State Relays (SSR), with price, sales, revenue and global market share of Solid State Relays (SSR) from 2018 to 2023.
Chapter 3, the Solid State Relays (SSR) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solid State Relays (SSR) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Solid State Relays (SSR) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solid State Relays (SSR).
Chapter 14 and 15, to describe Solid State Relays (SSR) sales channel, distributors, customers, research findings and conclusion.