Market Overview:
The global solid-state contactor market is expected to grow at a CAGR of 5.5% 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 industrialization and urbanization across the globe. Solid-state contactors are used in various applications such as auto motors, lighting, power supplies, and others. The PCB mounting type is expected to hold the largest share of the global solid-state contactor market during the forecast period owing to its compact size and easy installation.
Product Definition:
A solid-state contactor is a device that uses semiconductor switches to control the flow of electricity through an electric motor or other load. They are often used in place of electromechanical relays in applications where reliability and low power consumption are important.
PCB Mounting:
PCB mounting is a process of installing printed circuit boards in electronic devices. It involves soldering and uses mechanical fasteners to secure the circuit boards to the device. The growth factor for solid-state contactor market is increasing demand from end-user industries such as automotive, consumer electronics, healthcare and military & defense sectors which are leading to rise in PCB mounting services across the globe.
DIN Rail Mounting:
DIN rail mounting is a device that is used to secure the control system and power supply in solid-state contactor market. It offers mechanical stability, thermal management, and electrical insulation to the mounted equipment. DIN rail mounting ensures high reliability of electronic devices by providing them with mechanical support along with preventing any vibration or shock from occurring between them and the structure they are mounted on.
Application Insights:
The other application segment includes medical equipment, consumer electronics and appliances, industrial machinery and equipment, aerospace & defense. The demand for solid-statecontactor is expected to witness growth in the other applications owing to its abilityto handle high power with low loss and operate stably over wide range of temperatures.
The lighting segment accounted for a significant market share in 2017 owing to increasing use of LED light sources which require very high reliability. Solid-statecontactors are used as substitutes for incandescent lamps or fluorescent lamps due to their higher efficiency along with lower energy consumption rates. Moreover, they also have features such as flicker free operation at all brightness levels along with superior long term stability which makes them ideal light source options across various end-use industries including automotive lighting systems and office building HVAC (heating ventilation air conditioning).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to the presence of numerous electronic manufacturing companies in China and Taiwan. The Asia Pacific market accounted for over 35% of the global revenue in 2017. The growth can be attributed to rising demand from end-use industries such as electronics, automotive, and power supply.
The Latin American market is anticipated to witness significant growth over the forecast period owing to increasing government support for promoting industrialization along with growing demand from end-user industries such as medical devices and HVAC & refrigeration equipment.
Growth Factors:
- Increasing demand for energy-efficient and reliable electrical equipment
- Rapid industrialization and urbanization in developing countries
- Rising concerns over environmental pollution and climate change
- Growing investments in renewable energy sources
- Proliferation of smart grids and the internet of things
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid-state Contactor Market Research Report
By Type
PCB Mounting, DIN Rail Mounting, Panel-mount, Surface-mount, Other
By Application
Auto Motor, Lighting, Power Supply, Other
By Companies
Fuji Electric, Rockwell Automation, SPRINGER CONTROLS COMPANY, CARLO GAVAZZI, Sensata Technologies, Celduc Relais, DOLD, EL.CO., EUROTHERM PROCESS, GREEGOO ELECTRIC, Fuji Electric
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Solid-state Contactor Market Report Segments:
The global Solid-state Contactor market is segmented on the basis of:
Types
PCB Mounting, 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
Auto Motor, Lighting, Power Supply, 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:
- Fuji Electric
- Rockwell Automation
- SPRINGER CONTROLS COMPANY
- CARLO GAVAZZI
- Sensata Technologies
- Celduc Relais
- DOLD
- EL.CO.
- EUROTHERM PROCESS
- GREEGOO ELECTRIC
- Fuji Electric
Highlights of The Solid-state Contactor 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 Mounting
- DIN Rail Mounting
- Panel-mount
- Surface-mount
- Other
- By Application:
- Auto Motor
- Lighting
- Power Supply
- 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 Solid-state Contactor 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?
A solid-state contactor is a type of electrical switch that uses solid-state components, such as transistors, diodes and capacitors. These switches are more reliable and have longer life than traditional mechanical switches.
Some of the major companies in the solid-state contactor market are Fuji Electric, Rockwell Automation, SPRINGER CONTROLS COMPANY, CARLO GAVAZZI, Sensata Technologies, Celduc Relais, DOLD, EL.CO., EUROTHERM PROCESS, GREEGOO ELECTRIC, Fuji Electric.
The solid-state contactor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solid-state Contactor 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 Solid-state Contactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solid-state Contactor 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 Solid-state Contactor 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 Solid-state Contactor Market Size & Forecast, 2018-2028
4.5.1 Solid-state Contactor Market Size and Y-o-Y Growth
4.5.2 Solid-state Contactor Market Absolute $ Opportunity
Chapter 5 Global Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Type
5.2.1 PCB Mounting
5.2.2 DIN Rail Mounting
5.2.3 Panel-mount
5.2.4 Surface-mount
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Applications
6.2.1 Auto Motor
6.2.2 Lighting
6.2.3 Power Supply
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid-state Contactor 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 Solid-state Contactor 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 Solid-state Contactor Analysis and Forecast
9.1 Introduction
9.2 North America Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Type
9.6.1 PCB Mounting
9.6.2 DIN Rail Mounting
9.6.3 Panel-mount
9.6.4 Surface-mount
9.6.5 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 Solid-state Contactor Market Size Forecast by Applications
9.10.1 Auto Motor
9.10.2 Lighting
9.10.3 Power Supply
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 Solid-state Contactor Analysis and Forecast
10.1 Introduction
10.2 Europe Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Type
10.6.1 PCB Mounting
10.6.2 DIN Rail Mounting
10.6.3 Panel-mount
10.6.4 Surface-mount
10.6.5 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 Solid-state Contactor Market Size Forecast by Applications
10.10.1 Auto Motor
10.10.2 Lighting
10.10.3 Power Supply
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 Solid-state Contactor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Type
11.6.1 PCB Mounting
11.6.2 DIN Rail Mounting
11.6.3 Panel-mount
11.6.4 Surface-mount
11.6.5 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 Solid-state Contactor Market Size Forecast by Applications
11.10.1 Auto Motor
11.10.2 Lighting
11.10.3 Power Supply
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 Solid-state Contactor Analysis and Forecast
12.1 Introduction
12.2 Latin America Solid-state Contactor 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 Solid-state Contactor Market Size Forecast by Type
12.6.1 PCB Mounting
12.6.2 DIN Rail Mounting
12.6.3 Panel-mount
12.6.4 Surface-mount
12.6.5 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 Solid-state Contactor Market Size Forecast by Applications
12.10.1 Auto Motor
12.10.2 Lighting
12.10.3 Power Supply
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) Solid-state Contactor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solid-state Contactor 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) Solid-state Contactor Market Size Forecast by Type
13.6.1 PCB Mounting
13.6.2 DIN Rail Mounting
13.6.3 Panel-mount
13.6.4 Surface-mount
13.6.5 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) Solid-state Contactor Market Size Forecast by Applications
13.10.1 Auto Motor
13.10.2 Lighting
13.10.3 Power Supply
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 Solid-state Contactor Market: Competitive Dashboard
14.2 Global Solid-state Contactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fuji Electric
14.3.2 Rockwell Automation
14.3.3 SPRINGER CONTROLS COMPANY
14.3.4 CARLO GAVAZZI
14.3.5 Sensata Technologies
14.3.6 Celduc Relais
14.3.7 DOLD
14.3.8 EL.CO.
14.3.9 EUROTHERM PROCESS
14.3.10 GREEGOO ELECTRIC
14.3.11 Fuji Electric
