Market Overview:
The global DC solid state relay market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable electrical equipment, lighting, and home appliances. In addition, the growing awareness about the benefits of using DC solid state relays is also contributing to the growth of this market. The global DC solid state relay market can be segmented on the basis of type, application, and region. On the basis of type, this market can be divided into DIN rail mounting, panel-mounting, surface-mounting,, and other types. The DIN rail mounting segment is expected to account for a major share in terms of revenue in 2018 owing to its high adoption rate across various applications such as electronic equipment,, lighting,, home appliance,, and others segments. On the basis of application,.the global DC solid state relaymarket can be classified into electronic equipment,.lighting,.home appliance,.and other applications segments. Among these applications segments.,the electronic equipment segment is projectedto grow at a highest CAGR during2018–2030due tot he increasing demand for energy-efficient electrical products from various end users such as industrial sector., commercial sector.,and residential sector.
Product Definition:
A DC solid state relay is an electronic switching device that uses semiconductor switches to control the flow of electrical current. They are used in a wide variety of applications, including power control, motor speed control, and lighting systems. Compared to traditional mechanical relays, DC solid state relays are smaller, lighter weight, and more reliable. They also have faster response times and longer lifespans.
DIN Rail Mounting:
DIN rail mounting is a device that is used to mount the control unit, solid state relay or other electronic component on DIN rails. The device has a set of eight holes along one edge which can be fitted with screws to hold the components in place. It also has four slots along another edge which allow easy access to internal components and two cut-outs near the top for ventilation.
Panel-mount:
The panel-mount is a device that is used to mount electronic equipment such as LCDs, LEDS and other display devices on the vehicle's dashboard. It allows easy access to all controls and functions of the device while offering protection against sunlight, dust and moisture.
It offers better viewing angle than console-mounted devices as it is closer to driver eye level.
Application Insights:
Electronic equipment was the largest application segment in 2017 and is projected to continue its dominance over the forecast period. The growth of this application can be attributed to factors such as growing demand for industrial electronics, rapid development of IT industry, and increasing use in consumer electronic products.
The lighting segment is also expected to witness significant growth during the forecast period owing to rising construction spending on new buildings and renovation activities across various industries including healthcare, retail etc. Furthermore, technological advancements have led to an increase in efficiency of LED lights which has further increased their penetration rate across various applications such as streetlights or household lamps. This trend is expected to continue over the next few years thus driving demand for GSSR which will provide a positive scope for market growth during the forecast period.
Regional Analysis:
North America is expected to dominate the global market over the forecast period. The growth can be attributed to increasing demand for solid-state relays from various end-use industries such as industrial, commercial, and residential applications. Moreover, growing adoption of automation in several industrial processes is anticipated to drive product demand in this region.
Asia Pacific is projected to witness significant growth over the next eight years owing to rising investments by key players in emerging countries such as China and India for manufacturing consumer electronics products with low costs and high efficiency levels using advanced technologies such as 3D printing or laser sintering. These factors are likely to boost regional product demand over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient devices
- Rising demand from the automotive sector
- Growing popularity of LED lighting
- Proliferation of smart homes and buildings
- Emerging applications in renewable energy
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Solid State Relay Market Research Report
By Type
DIN Rail Mounting, Panel-mount, Surface-mount, Other
By Application
Electronic Equipment, Lighting, Home Appliance, Other
By Companies
OMRON, E-T-A Elektrotechnische Apparate, Matsushita Electric Works, TE Connectivity, GEORGIN S.A., Durex Industries, Sensata Technologies, Xiamen Yudian Automation Technology, Cd Automation, RELPOL, OMRON, Chordn Electric, The Comus Group, Thermosystems, OMEGA, FINDER, Xiamen Jinxinrong Electronics, ETI, Autonics, Produal, Novus Automation, Teledyne Relays
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global DC Solid State Relay Market Report Segments:
The global DC Solid State Relay market is segmented on the basis of:
Types
DIN Rail Mounting, Panel-mount, Surface-mount, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Equipment, Lighting, Home Appliance, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OMRON
- E-T-A Elektrotechnische Apparate
- Matsushita Electric Works
- TE Connectivity
- GEORGIN S.A.
- Durex Industries
- Sensata Technologies
- Xiamen Yudian Automation Technology
- Cd Automation
- RELPOL
- OMRON
- Chordn Electric
- The Comus Group
- Thermosystems
- OMEGA
- FINDER
- Xiamen Jinxinrong Electronics
- ETI
- Autonics
- Produal
- Novus Automation
- Teledyne Relays
Highlights of The DC Solid State Relay Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DIN Rail Mounting
- Panel-mount
- Surface-mount
- Other
- By Application:
- Electronic Equipment
- Lighting
- Home Appliance
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DC Solid State Relay Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DC Solid State Relay is a type of electronic relay that uses solid state technology to control the flow of electricity. This makes DC Solid State Relays more reliable and efficient than traditional electronic relays, which can become damaged over time.
Some of the major players in the dc solid state relay market are OMRON, E-T-A Elektrotechnische Apparate, Matsushita Electric Works, TE Connectivity, GEORGIN S.A., Durex Industries, Sensata Technologies, Xiamen Yudian Automation Technology, Cd Automation, RELPOL, OMRON, Chordn Electric, The Comus Group, Thermosystems, OMEGA, FINDER, Xiamen Jinxinrong Electronics, ETI, Autonics, Produal, Novus Automation, Teledyne Relays.
The dc solid state relay market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DC Solid State Relay Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DC Solid State Relay Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DC Solid State Relay Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DC Solid State Relay Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DC Solid State Relay Market Size & Forecast, 2018-2028
4.5.1 DC Solid State Relay Market Size and Y-o-Y Growth
4.5.2 DC Solid State Relay Market Absolute $ Opportunity
Chapter 5 Global DC Solid State Relay Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 DC Solid State Relay Market Size Forecast by Type
5.2.1 DIN Rail Mounting
5.2.2 Panel-mount
5.2.3 Surface-mount
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global DC Solid State Relay Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 DC Solid State Relay Market Size Forecast by Applications
6.2.1 Electronic Equipment
6.2.2 Lighting
6.2.3 Home Appliance
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DC Solid State Relay Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DC Solid State Relay Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America DC Solid State Relay Analysis and Forecast
9.1 Introduction
9.2 North America DC Solid State Relay Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America DC Solid State Relay Market Size Forecast by Type
9.6.1 DIN Rail Mounting
9.6.2 Panel-mount
9.6.3 Surface-mount
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America DC Solid State Relay Market Size Forecast by Applications
9.10.1 Electronic Equipment
9.10.2 Lighting
9.10.3 Home Appliance
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe DC Solid State Relay Analysis and Forecast
10.1 Introduction
10.2 Europe DC Solid State Relay Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe DC Solid State Relay Market Size Forecast by Type
10.6.1 DIN Rail Mounting
10.6.2 Panel-mount
10.6.3 Surface-mount
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe DC Solid State Relay Market Size Forecast by Applications
10.10.1 Electronic Equipment
10.10.2 Lighting
10.10.3 Home Appliance
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific DC Solid State Relay Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific DC Solid State Relay Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific DC Solid State Relay Market Size Forecast by Type
11.6.1 DIN Rail Mounting
11.6.2 Panel-mount
11.6.3 Surface-mount
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific DC Solid State Relay Market Size Forecast by Applications
11.10.1 Electronic Equipment
11.10.2 Lighting
11.10.3 Home Appliance
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America DC Solid State Relay Analysis and Forecast
12.1 Introduction
12.2 Latin America DC Solid State Relay Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America DC Solid State Relay Market Size Forecast by Type
12.6.1 DIN Rail Mounting
12.6.2 Panel-mount
12.6.3 Surface-mount
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America DC Solid State Relay Market Size Forecast by Applications
12.10.1 Electronic Equipment
12.10.2 Lighting
12.10.3 Home Appliance
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) DC Solid State Relay Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) DC Solid State Relay Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) DC Solid State Relay Market Size Forecast by Type
13.6.1 DIN Rail Mounting
13.6.2 Panel-mount
13.6.3 Surface-mount
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) DC Solid State Relay Market Size Forecast by Applications
13.10.1 Electronic Equipment
13.10.2 Lighting
13.10.3 Home Appliance
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DC Solid State Relay Market: Competitive Dashboard
14.2 Global DC Solid State Relay Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMRON
14.3.2 E-T-A Elektrotechnische Apparate
14.3.3 Matsushita Electric Works
14.3.4 TE Connectivity
14.3.5 GEORGIN S.A.
14.3.6 Durex Industries
14.3.7 Sensata Technologies
14.3.8 Xiamen Yudian Automation Technology
14.3.9 Cd Automation
14.3.10 RELPOL
14.3.11 OMRON
14.3.12 Chordn Electric
14.3.13 The Comus Group
14.3.14 Thermosystems
14.3.15 OMEGA
14.3.16 FINDER
14.3.17 Xiamen Jinxinrong Electronics
14.3.18 ETI
14.3.19 Autonics
14.3.20 Produal
14.3.21 Novus Automation
14.3.22 Teledyne Relays
