Global Solid State Relay Market to reach USD 1.70 million by 2027

Global Solid State Relay Market size by Mounting Type (Panel, PCB, DIN Rail, Others), Output Voltage (AC, DC, AC/DC), Current Rating (Low, Medium, High), Application (Industrial Automation, Machine Tools, Elevators, Conveyor Systems, Others), and Geography - Global Forecast to 2027
Product Code:  EESAC_26784192
Chapter 1.	Executive Summary 
1.1.	Market Snapshot
1.2.	Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1.	Solid state Relay Market, by Region, 2018-2027 (USD Billion)
1.2.2.	Solid state Relay Market, by Mounting Type, 2018-2027 (USD Billion)
1.2.3.	Solid state Relay Market, by Output Voltage, 2018-2027 (USD Billion)
1.2.4.	Solid state Relay Market, by Application, 2018-2027 (USD Billion)
1.3.	Key Trends
1.4.	Estimation Methodology
1.5.	Research Assumption
Chapter 2.	Global Solid state Relay Market Definition and Scope 
2.1.	Objective of the Study
2.2.	Market Definition & Scope
2.2.1.	Scope of the Study
2.2.2.	Industry Evolution
2.3.	Years Considered for the Study
2.4.	Currency Conversion Rates
Chapter 3.	Global Solid state Relay Market Dynamics	
3.1.	Solid state Relay Market Impact Analysis (2018-2027)
3.1.1.	Market Drivers
3.1.2.	Market Challenges
3.1.3.	Market Opportunities
Chapter 4.	Global Solid state Relay Market Industry Analysis
4.1.	Porter’s 5 Force Model
4.1.1.	Bargaining Power of Suppliers
4.1.2.	Bargaining Power of Buyers
4.1.3.	Threat of New Entrants
4.1.4.	Threat of Substitutes
4.1.5.	Competitive Rivalry
4.1.6.	Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2.	PEST Analysis
4.2.1.	Political 
4.2.2.	Economic
4.2.3.	Social 
4.2.4.	Technological 
4.3.	Investment Adoption Model
4.4.	Analyst Recommendation & Conclusion
Chapter 5.	Global Solid state Relay Market, by Mounting Type 
5.1.	Market Snapshot 
5.2.	Global Solid state Relay Market by mounting type , Performance - Potential Analysis
5.3.	Global Solid state Relay Market Estimates & Forecasts by Solution 2017-2027 (USD Billion)
5.4.	Solid state Relay Market, Sub Segment Analysis
5.4.1.	Panel
5.4.2.	PCB
5.4.3.	DIN Rail
5.4.4.	Others  
Chapter 6.	Global Solid state Relay Market, by output voltage        
6.1.	Market Snapshot 
6.2.	Global Solid state Relay Market by output voltage  Performance - Potential Analysis
6.3.	Global Solid state Relay Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4.	Solid state Relay Market, Sub Segment Analysis
6.4.1.	AC
6.4.2.	DC
6.4.3.	AC/DC
Chapter 7.	Global Solid state Relay Market, by current rating 
7.1.	Market Snapshot 
7.2.	Global Solid state Relay Market by current rating, Performance - Potential Analysis
7.3.	Global Solid state Relay Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
7.4.	Solid state Relay Market, Sub Segment Analysis
7.4.1.	 Low (0A–20A)
7.4.2.	Medium (20A–50A)
7.4.3.	High (More than 50A)
Chapter 8.	Global Solid state Relay Market, by application 
8.1.	Market Snapshot
8.2.	Global Solid state Relay Market by application, Performance - Potential Analysis
8.3.	Global Solid state Relay Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
8.4.	Solid state Relay Market, Sub Segment Analysis
8.4.1.	Industrial automation
8.4.2.	Machine tools 
8.4.3.	Elevators 
8.4.4.	Conveyance systems 
8.4.5.	Others 
Chapter 9.	Global Solid state Relay Market, Regional Analysis
9.1.	Solid state Relay Market, Regional Market Snapshot 
9.2.	North America Solid state Relay Market 
9.2.1.	U.S. Solid state Relay Market
9.2.1.1.	 Solution breakdown estimates & forecasts, 2017-2027 
9.2.1.2.	 Application breakdown estimates & forecasts, 2017-2027 
9.2.1.3.	 Industry breakdown estimates & forecasts, 2017-2027 
9.2.2.	Canada Solid state Relay Market
9.3.	Europe Solid state Relay Market Snapshot
9.3.1.	U.K. Solid state Relay Market 
9.3.2.	Germany Solid state Relay Market
9.3.3.	France Solid state Relay Market
9.3.4.	Spain Solid state Relay Market
9.3.5.	Italy Solid state Relay Market
9.3.6.	Rest of Europe Solid state Relay Market
9.4.	Asia-Pacific Solid state Relay Market Snapshot
9.4.1.	China Solid state Relay Market 
9.4.2.	India Solid state Relay Market 
9.4.3.	Japan Solid state Relay Market
9.4.4.	Australia Solid state Relay Market
9.4.5.	South Korea Solid state Relay Market
9.4.6.	Rest of Asia Pacific Solid state Relay Market
9.5.	Latin America Solid state Relay Market Snapshot
9.5.1.	Brazil Solid state Relay Market
9.5.2.	Mexico Solid state Relay Market
9.6.	Rest of The World Solid state Relay Market
Chapter 10.	Competitive Intelligence
10.1.	Top Market Strategies
10.2.	Company Profiles
10.2.1.	   Crydom (US),
10.2.1.1.	Key Information
10.2.1.2.	Overview
10.2.1.3.	Financial (Subject to Data Availability)
10.2.1.4.	Product Summary
10.2.1.5.	Recent Developments
10.2.2.	Omron Corporation (Japan),
10.2.3.	Carlo Gavazzi (Switzerland),
10.2.4.	Vishay Intertechnology (US)
10.2.5.	Omega Engineering (US).
10.2.6.	Infineon Technologies AG, 
10.2.7.	Vishay Intertechnology (Siliconix), 
10.2.8.	Fairchild Semiconductor, 
10.2.9.	Texas Instruments Incorporated, 
10.2.10.	Rockwell Automation, Inc.,
Chapter 11.	Research Process
11.1.	Research Process
11.1.1.	Data Mining
11.1.2.	Analysis
11.1.3.	Market Estimation
11.1.4.	Validation
11.1.5.	Publishing
11.2.	Research Attributes
11.3.	Research Assumption

Global Solid State Relay Market is valued approximately at USD 1.03 million in 2019 and is anticipated to grow with a growth rate of more than 6.6% over the forecast period 2020-2027. Solid State Relay are the electronic switch device with semiconductor switching elements thyristors, triacs, diodes, and transistors which gets switch on or off when a small external voltage is applied across its control terminals. Growing demand to upgrade the power infrastructure in developed countries and establishment of new power infrastructure is expected to becoming driving factor for solid state relay the market. For instance, in 2020, Ameren, one of the largest utility companies in the United States, announced that it plans to spend USD 7.6 billion on a five-year grid modernization plan that includes the installation of smart meters to develop solar energy and battery storage in rural areas and switch to storm-resilient utility poles and wires. Moreover , the growing adoption of high-tech electronics due to increase in global consumer electronic market also acting as a key driving factor for the market .However , cost of a solid state relay is significantly higher than an electromechanical relay and this can restrain the growth of the market .

The regional analysis of global 5G in Automotive and Smart Transportation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to the increasing investment in manufacturing electronic devices. California has maximum number of electric vehicles charging units and consist third of nationwide share.

Major market player included in this report are:
Crydom (US),
Omron Corporation (Japan),
Carlo Gavazzi (Switzerland),
Vishay Intertechnology (US)
Omega Engineering (US).
Infineon Technologies AG,
Vishay Intertechnology (Siliconix),
Fairchild Semiconductor,
Texas Instruments Incorporated,
Rockwell Automation, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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
Machine Tools
Elevators
Conveyor Systems
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global 5G in Automotive and Smart Transportation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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