Market Overview:
The global photoMOS optically isolated relay market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for photoMOS optically isolated relays in various applications, such as EVs & power storage systems, test measurement & telecommunication, medical & military, industrial & security device, and others. In addition, the growing demand for miniaturization and high-voltage applications is also contributing to the growth of this market.
Product Definition:
A photoMOS optically isolated relay is an electronic component that uses light to transfer electrical signals between two circuits. The importance of a photoMOS optically isolated relay lies in its ability to protect against voltage spikes and electromagnetic interference, which can damage sensitive equipment.
Above 20 V and Below 80 V:
The global photo-mos optically isolated relay market size was valued at USD 6.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period, to reach USD 11.8 million by 2024.
Above 100 V and Below 200 V:
The Above 100 V and below 200 V segment is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for power supply in industrial applications. PhotoMOS Optically Isolated Relay provides isolation from high voltage power supplies, which are used in various industries such as oil & gas, chemical processing, petrochemical manufacturing and others. These factors are anticipated to drive product demand over the forecast period.
Application Insights:
The test measurement & telecommunications application segment led the global photoMOS optically isolated relay market in 2017. The growing demand for high-speed data transfer and communication is expected to drive the segment growth over the forecast period. In addition, a significant increase in cloud-based applications has increased the need for high speed data transfer across networks, which is further anticipated to propel industry growth over the next eight years.
Medical & military application segment was valued at USD 527 million in 2017 owing to an increase in medical equipment manufacturing and defense sector requirement for isolation devices that prevent electrical leakage between different systems or machines. Increasing investments by governments of various countries towards research and development activities related to photomultiplier tubes are also expected to boost product demand from medical & military applications during this period of time.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising demand from countries such as China, Japan, South Korea, and India. These countries are focusing on increasing their power generation capacities by opting for renewable energy sources such as wind and solar power. This has led to an increase in PhotoMOS optically isolated relay requirements in these regions.
North America is projected to grow at a significant rate over the forecast period owing to increased adoption of EV & battery-operated vehicles across U.S.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing demand for high-reliability and low-power consumption in electronics devices
- Rising trend of automation across various industries
- Proliferation of the Internet of Things (IoT) and increasing deployment of smart sensors
- Growing demand for photoelectric switches in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
PhotoMOS Optically Isolated Relay Market Research Report
By Type
Above 20 V and Below 80 V, Above 100 V and Below 200 V, Above 200 V and Below 350 V, Above 350 V
By Application
EV & Power Storage System, Test Measurement & Telecommunication, Medical & Military, Industrial & Security Device, Others
By Companies
Panasonic, OMRON, Toshiba, NEC, IXYS, BRIGHT TOWARD, COSMO Electronics, Okita Works
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global PhotoMOS Optically Isolated Relay Market Report Segments:
The global PhotoMOS Optically Isolated Relay market is segmented on the basis of:
Types
Above 20 V and Below 80 V, Above 100 V and Below 200 V, Above 200 V and Below 350 V, Above 350 V
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
EV & Power Storage System, Test Measurement & Telecommunication, Medical & Military, Industrial & Security Device, 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
- OMRON
- Toshiba
- NEC
- IXYS
- BRIGHT TOWARD
- COSMO Electronics
- Okita Works
Highlights of The PhotoMOS Optically Isolated 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:
- Above 20 V and Below 80 V
- Above 100 V and Below 200 V
- Above 200 V and Below 350 V
- Above 350 V
- By Application:
- EV & Power Storage System
- Test Measurement & Telecommunication
- Medical & Military
- Industrial & Security Device
- 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 PhotoMOS Optically Isolated 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
- 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?
PhotoMOS Optically Isolated Relay is a relay that uses light to isolate the electrical signals from the mechanical motion. This allows for reliable and error-free transmission of electrical signals over long distances.
Some of the major players in the photomos optically isolated relay market are Panasonic, OMRON, Toshiba, NEC, IXYS, BRIGHT TOWARD, COSMO Electronics, Okita Works.
The photomos optically isolated relay market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PhotoMOS Optically Isolated 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 PhotoMOS Optically Isolated Relay Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PhotoMOS Optically Isolated 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 PhotoMOS Optically Isolated 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 PhotoMOS Optically Isolated Relay Market Size & Forecast, 2020-2028
4.5.1 PhotoMOS Optically Isolated Relay Market Size and Y-o-Y Growth
4.5.2 PhotoMOS Optically Isolated Relay Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Above 20 V and Below 80 V
5.2.2 Above 100 V and Below 200 V
5.2.3 Above 200 V and Below 350 V
5.2.4 Above 350 V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 EV & Power Storage System
6.2.2 Test Measurement & Telecommunication
6.2.3 Medical & Military
6.2.4 Industrial & Security Device
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PhotoMOS Optically Isolated 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 PhotoMOS Optically Isolated 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Above 20 V and Below 80 V
9.6.2 Above 100 V and Below 200 V
9.6.3 Above 200 V and Below 350 V
9.6.4 Above 350 V
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 Market Size Forecast by Applications
9.10.1 EV & Power Storage System
9.10.2 Test Measurement & Telecommunication
9.10.3 Medical & Military
9.10.4 Industrial & Security Device
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Above 20 V and Below 80 V
10.6.2 Above 100 V and Below 200 V
10.6.3 Above 200 V and Below 350 V
10.6.4 Above 350 V
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 Market Size Forecast by Applications
10.10.1 EV & Power Storage System
10.10.2 Test Measurement & Telecommunication
10.10.3 Medical & Military
10.10.4 Industrial & Security Device
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Above 20 V and Below 80 V
11.6.2 Above 100 V and Below 200 V
11.6.3 Above 200 V and Below 350 V
11.6.4 Above 350 V
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 Market Size Forecast by Applications
11.10.1 EV & Power Storage System
11.10.2 Test Measurement & Telecommunication
11.10.3 Medical & Military
11.10.4 Industrial & Security Device
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Above 20 V and Below 80 V
12.6.2 Above 100 V and Below 200 V
12.6.3 Above 200 V and Below 350 V
12.6.4 Above 350 V
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 Market Size Forecast by Applications
12.10.1 EV & Power Storage System
12.10.2 Test Measurement & Telecommunication
12.10.3 Medical & Military
12.10.4 Industrial & Security Device
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Above 20 V and Below 80 V
13.6.2 Above 100 V and Below 200 V
13.6.3 Above 200 V and Below 350 V
13.6.4 Above 350 V
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) Market Size Forecast by Applications
13.10.1 EV & Power Storage System
13.10.2 Test Measurement & Telecommunication
13.10.3 Medical & Military
13.10.4 Industrial & Security Device
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 PhotoMOS Optically Isolated Relay Market: Competitive Dashboard
14.2 Global PhotoMOS Optically Isolated Relay Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 OMRON
14.3.3 Toshiba
14.3.4 NEC
14.3.5 IXYS
14.3.6 BRIGHT TOWARD
14.3.7 COSMO Electronics
14.3.8 Okita Works
