Market Overview:
The global direct current (DC) solid state relays market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient and reliable electrical equipment, rising awareness about energy conservation, and growing demand for smart buildings and smart homes. The PCB mount type segment is expected to account for the largest share of the global direct current (DC) solid state relays market in 2018. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. The panel mount type segment is projected to grow at a CAGR of 5% from 2018to 2030.
Product Definition:
A direct current solid state relay is a device that uses semiconductors to control the flow of electricity. They are used to switch on and off electrical currents, and can be used to replace traditional relays in many applications. Their main advantages are their small size, low power consumption, and high reliability.
PCB Mount:
PCB mount is a type of electrical component mounting that involves the use of printed circuit boards. The components are mounted on the PCB by soldering or by an adhesive that is used for bonding. It has several advantages such as it can be easily changed, upgraded and repaired which makes it reliable in nature and also helps to reduce maintenance cost.
Panel Mount:
A panel mount is a device or structure that is mounted on an insulating surface and used to support electronic components. It can be made of plastic, ceramic, metal or any combination of these materials. The most commonly used panels are glass and fiberglass which gives the product high durability along with easy maintenance. They are widely used in automotive applications such as power windows, sunroofs and other electrical applications where the equipment needs to be fixed without compromising its aesthetic appeal.
Application Insights:
Building automation is expected to emerge as the fastest-growing application segment over the forecast period. The growth can be attributed to increasing use of direct current solid state relays in HVAC applications, such as air conditioning and heating. Growing demand for energy efficient and environment friendly products is also likely to contribute toward segment growth over the coming years.
The industrial equipment segment accounted for a significant market share in 2017 owing to growing demand from various industries including oil & gas, food & beverage, chemical, petrochemical and power generation among others. Reliability features offered by these products are anticipated to drive their demand in harsh industrial environments at a CAGR of XX% from 2018 to 2030.
PCB mount type DCSRs are widely used in home appliances owing primarilyto compact size advantages along with low cost manufacturing processes adopted by manufacturers across different geographies resulting into lower price points compared with panel mount or din rail mounted types of DSSRs respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, registering a CAGR of XX% during the forecast period. The growth can be attributed to increasing demand for energy and industrial automation in countries such as China and India. Asia Pacific was followed by North America, which accounted for more than 25% of the overall market share in 2017 owing to high product adoption across industries such as manufacturing, oil & gas, HVAC & refrigeration and others.
The European market is anticipated to witness steady growth over the next eight years due to rising investments in smart grid projects across countries including Germany, Italy and Spain among others will have positive impacts on industry expansion over this period.
Growth Factors:
- Increasing demand for energy-efficient and reliable electrical equipment
- Growing popularity of DC solid state relays in renewable energy systems
- Rising demand from the automotive industry
- Proliferation of smart grids and IIoT applications
- Technological advancements and innovations
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Current Solid State Relays Market Research Report
By Type
PCB Mount, Panel Mount, Din Rail Mount
By Application
Industrial Equipment, Home Appliance, Building Automation, Power & Energy, Others
By Companies
Panasonic, Crydom, OMRON, Carlo gavazzi, Sharp, IXYS, TE Connectivity, groupe celduc, Fujitsu Limited, Schneider, Panasonic, 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
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Direct Current Solid State Relays Market Report Segments:
The global Direct Current Solid State Relays market is segmented on the basis of:
Types
PCB Mount, Panel Mount, Din Rail Mount
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
Industrial Equipment, Home Appliance, Building Automation, Power & Energy, Others
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:
- Panasonic
- Crydom
- OMRON
- Carlo gavazzi
- Sharp
- IXYS
- TE Connectivity
- groupe celduc
- Fujitsu Limited
- Schneider
- Panasonic
- 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
Highlights of The Direct Current Solid State Relays 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:
- PCB Mount
- Panel Mount
- Din Rail Mount
- By Application:
- Industrial Equipment
- Home Appliance
- Building Automation
- Power & Energy
- Others
- 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 Direct Current Solid State Relays 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Direct Current Solid State Relays are a type of solid state relay that uses direct current to control the flow of electricity. This makes them more efficient and faster than other types of solid state relays.
Some of the major companies in the direct current solid state relays market are Panasonic, Crydom, OMRON, Carlo gavazzi, Sharp, IXYS, TE Connectivity, groupe celduc, Fujitsu Limited, Schneider, Panasonic, 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.
The direct current solid state relays 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 Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Direct Current Solid State Relays 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 Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size & Forecast, 2018-2028
4.5.1 Direct Current Solid State Relays Market Size and Y-o-Y Growth
4.5.2 Direct Current Solid State Relays Market Absolute $ Opportunity
Chapter 5 Global Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Type
5.2.1 PCB Mount
5.2.2 Panel Mount
5.2.3 Din Rail Mount
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Applications
6.2.1 Industrial Equipment
6.2.2 Home Appliance
6.2.3 Building Automation
6.2.4 Power & Energy
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct Current Solid State Relays 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 Direct Current Solid State Relays 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 Direct Current Solid State Relays Analysis and Forecast
9.1 Introduction
9.2 North America Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Type
9.6.1 PCB Mount
9.6.2 Panel Mount
9.6.3 Din Rail Mount
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 Direct Current Solid State Relays Market Size Forecast by Applications
9.10.1 Industrial Equipment
9.10.2 Home Appliance
9.10.3 Building Automation
9.10.4 Power & Energy
9.10.5 Others
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 Direct Current Solid State Relays Analysis and Forecast
10.1 Introduction
10.2 Europe Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Type
10.6.1 PCB Mount
10.6.2 Panel Mount
10.6.3 Din Rail Mount
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 Direct Current Solid State Relays Market Size Forecast by Applications
10.10.1 Industrial Equipment
10.10.2 Home Appliance
10.10.3 Building Automation
10.10.4 Power & Energy
10.10.5 Others
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 Direct Current Solid State Relays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Type
11.6.1 PCB Mount
11.6.2 Panel Mount
11.6.3 Din Rail Mount
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 Direct Current Solid State Relays Market Size Forecast by Applications
11.10.1 Industrial Equipment
11.10.2 Home Appliance
11.10.3 Building Automation
11.10.4 Power & Energy
11.10.5 Others
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 Direct Current Solid State Relays Analysis and Forecast
12.1 Introduction
12.2 Latin America Direct Current Solid State Relays 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 Direct Current Solid State Relays Market Size Forecast by Type
12.6.1 PCB Mount
12.6.2 Panel Mount
12.6.3 Din Rail Mount
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 Direct Current Solid State Relays Market Size Forecast by Applications
12.10.1 Industrial Equipment
12.10.2 Home Appliance
12.10.3 Building Automation
12.10.4 Power & Energy
12.10.5 Others
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) Direct Current Solid State Relays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Direct Current Solid State Relays 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) Direct Current Solid State Relays Market Size Forecast by Type
13.6.1 PCB Mount
13.6.2 Panel Mount
13.6.3 Din Rail Mount
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) Direct Current Solid State Relays Market Size Forecast by Applications
13.10.1 Industrial Equipment
13.10.2 Home Appliance
13.10.3 Building Automation
13.10.4 Power & Energy
13.10.5 Others
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 Direct Current Solid State Relays Market: Competitive Dashboard
14.2 Global Direct Current Solid State Relays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Crydom
14.3.3 OMRON
14.3.4 Carlo gavazzi
14.3.5 Sharp
14.3.6 IXYS
14.3.7 TE Connectivity
14.3.8 groupe celduc
14.3.9 Fujitsu Limited
14.3.10 Schneider
14.3.11 Panasonic
14.3.12 Rockwell Automation
14.3.13 OPTO22
14.3.14 Xiamen Jinxinrong Electronics
14.3.15 JiangSu GlOD Electrical Control Technology
14.3.16 Vishay
14.3.17 Broadcom
14.3.18 Clion Electric
14.3.19 Bright Toward
14.3.20 Wuxi Tianhao Electronics
14.3.21 Suzhou No.1 Radio Component
14.3.22 COSMO
14.3.23 Shaanxi Qunli
14.3.24 Wuxi Solid
14.3.25 Suzhou Integrated Technology
14.3.26 FOTEK
14.3.27 Wuxi KangYu Electric Element
