The solid-state relay market is expected to record a 5% CAGR over the forecast period (2021-2027). 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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Solid-State Relay 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
• Industrial OEM
• Energy & Infrastructure
• Automotive & Transportation
• Medical
• Food & Beverages
Key market players
• Anacon Electronic Sales, Inc.
• Broadcom
• Carlo Gavazzi Holding AG
• Crydom Inc.,
• FUJITSU
• GENERAL ELECTRIC
• OMEGA Engineering Inc.
• OMRON Corporation
• Rockwell Automation, Inc.
• Teledyne Relays
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
