Market Overview:
The global PCB solid state relays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the PCB solid state relays market can be attributed to the increasing demand for miniaturization and higher efficiency in electronic devices, growing demand for smart buildings, and rising automotive sales. The PCB solid state relays market is segmented on the basis of type, application, and region. On the basis of type, the PCB solid state relay market is segmented into AC output SSRs, DC output SSRs, and AC/DC output SSRs. The AC/DC output SSRs segment is expected to grow at a highest CAGR during the forecast period owing to its ability to switch between AC and DC voltages without any additional components or wiring changes. On the basis of application, building equipment accounted for majority share in 2017 owing to increasing adoption of energy-efficient solutions across various industries such as commercial & residential buildings and data centers worldwide.
Product Definition:
PCB solid state relays are a type of electronic switch that uses semiconductor devices, instead of electromechanical devices like relays, to control the flow of electricity. PCB solid state relays are important because they are more reliable and durable than electromechanical relays and can be used in a wider range of applications.
AC Output SSRs:
AC output SSRs are Solid State Relays that can be used to control power flow in single-phase AC or three-phase AC systems. They have the ability to switch on/off devices and circuits connected in series by using their control inputs. The main applications of this product include motor controls, dimmer switches, fluorescent light ballasts, security systems and HVAC controls among others.
DC Output SSRs:
DC output SSRs are used in PCB solid state relays to reduce the switching time and it's an important factor for high-speed applications. The selection of proper DC output SSR depends on various factors such as application, operating frequency, and price among others. For instance, a low cost with fast switching time is preferable for low-cost applications while high cost with slow switching times is preferred for higher priced applications.
The market size was valued at USD 0.
Application Insights:
Building equipment was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing construction industry across the globe is a major factor contributing to PCB solid state relays market growth. These devices help in energy-efficient operations by reducing electricity consumption. They are also used for controlling HVAC systems, which further propels their demand in this application segment.
The automotive & transportation sector accounted for a significant market share and was valued at USD 194 million in 2017 owing to increasing use of these products within vehicle electrical systems, such as lighting, engine control functions, power windows/doors and air conditioner control functions among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for energy and infrastructure, which has led to a rise in government spending on these sectors. In addition, rising industrialization and urbanization have resulted in an increased requirement for electricity distribution as well as generation equipment. This is likely to drive product demand over the coming years.
Europe accounted for more than 25% of global PCB solid state relay market share in 2016 owing to its growing electronics industry along with advancements in technology that has led it become a major manufacturing hub across the globe.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive industry
- Growing popularity of LED lighting
- Proliferation of smart homes and buildings
- Increased adoption of PCB solid state relays in renewable energy applications
Scope Of The Report
Report Attributes
Report Details
Report Title
PCB Solid State Relays Market Research Report
By Type
AC Output SSRs, DC Output SSRs, AC/DC Output SSRs
By Application
Building Equipment, Energy & Infrastructure, Food & Beverage, Automotive & Transportation, Medical
By Companies
Omron, IXYS, Crydom, TE Connectivity, Relpol, Carlo Gavazzi, Panasonic, Picker Relay, Opto 22, Vishay, Broadcom, Celduc Relais, Teledyne Relays, Fujitsu, Rockwell Automation, Wuxi Gold Control Technology
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global PCB Solid State Relays Market Report Segments:
The global PCB Solid State Relays market is segmented on the basis of:
Types
AC Output SSRs, DC Output SSRs, AC/DC Output SSRs
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
Building Equipment, Energy & Infrastructure, Food & Beverage, Automotive & Transportation, Medical
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
- IXYS
- Crydom
- TE Connectivity
- Relpol
- Carlo Gavazzi
- Panasonic
- Picker Relay
- Opto 22
- Vishay
- Broadcom
- Celduc Relais
- Teledyne Relays
- Fujitsu
- Rockwell Automation
- Wuxi Gold Control Technology
Highlights of The PCB 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:
- AC Output SSRs
- DC Output SSRs
- AC/DC Output SSRs
- By Application:
- Building Equipment
- Energy & Infrastructure
- Food & Beverage
- Automotive & Transportation
- Medical
- 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 PCB 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
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- 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?
PCB solid state relays are electronic switches that use semiconductor materials to control the flow of electricity. They are often used in industrial and commercial applications where reliability and low-power consumption are important factors.
Some of the major companies in the pcb solid state relays market are Omron, IXYS, Crydom, TE Connectivity, Relpol, Carlo Gavazzi, Panasonic, Picker Relay, Opto 22, Vishay, Broadcom, Celduc Relais, Teledyne Relays, Fujitsu, Rockwell Automation, Wuxi Gold Control Technology.
The pcb solid state relays market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PCB Solid State Relays Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PCB Solid State Relays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PCB Solid State Relays Market - Supply Chain
4.5. Global PCB Solid State Relays Market Forecast
4.5.1. PCB Solid State Relays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PCB Solid State Relays Market Size (000 Units) and Y-o-Y Growth
4.5.3. PCB Solid State Relays Market Absolute $ Opportunity
5. Global PCB Solid State Relays Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PCB Solid State Relays Market Size and Volume Forecast by Type
5.3.1. AC Output SSRs
5.3.2. DC Output SSRs
5.3.3. AC/DC Output SSRs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PCB Solid State Relays Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PCB Solid State Relays Market Size and Volume Forecast by Application
6.3.1. Building Equipment
6.3.2. Energy & Infrastructure
6.3.3. Food & Beverage
6.3.4. Automotive & Transportation
6.3.5. Medical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PCB Solid State Relays Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PCB Solid State Relays Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PCB Solid State Relays Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PCB Solid State Relays Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PCB Solid State Relays Demand Share Forecast, 2019-2029
9. North America PCB Solid State Relays Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PCB Solid State Relays Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PCB Solid State Relays Market Size and Volume Forecast by Application
9.4.1. Building Equipment
9.4.2. Energy & Infrastructure
9.4.3. Food & Beverage
9.4.4. Automotive & Transportation
9.4.5. Medical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PCB Solid State Relays Market Size and Volume Forecast by Type
9.7.1. AC Output SSRs
9.7.2. DC Output SSRs
9.7.3. AC/DC Output SSRs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PCB Solid State Relays Demand Share Forecast, 2019-2029
10. Latin America PCB Solid State Relays Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PCB Solid State Relays Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PCB Solid State Relays Market Size and Volume Forecast by Application
10.4.1. Building Equipment
10.4.2. Energy & Infrastructure
10.4.3. Food & Beverage
10.4.4. Automotive & Transportation
10.4.5. Medical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PCB Solid State Relays Market Size and Volume Forecast by Type
10.7.1. AC Output SSRs
10.7.2. DC Output SSRs
10.7.3. AC/DC Output SSRs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PCB Solid State Relays Demand Share Forecast, 2019-2029
11. Europe PCB Solid State Relays Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PCB Solid State Relays Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PCB Solid State Relays Market Size and Volume Forecast by Application
11.4.1. Building Equipment
11.4.2. Energy & Infrastructure
11.4.3. Food & Beverage
11.4.4. Automotive & Transportation
11.4.5. Medical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PCB Solid State Relays Market Size and Volume Forecast by Type
11.7.1. AC Output SSRs
11.7.2. DC Output SSRs
11.7.3. AC/DC Output SSRs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PCB Solid State Relays Demand Share, 2019-2029
12. Asia Pacific PCB Solid State Relays Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PCB Solid State Relays Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PCB Solid State Relays Market Size and Volume Forecast by Application
12.4.1. Building Equipment
12.4.2. Energy & Infrastructure
12.4.3. Food & Beverage
12.4.4. Automotive & Transportation
12.4.5. Medical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PCB Solid State Relays Market Size and Volume Forecast by Type
12.7.1. AC Output SSRs
12.7.2. DC Output SSRs
12.7.3. AC/DC Output SSRs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PCB Solid State Relays Demand Share, 2019-2029
13. Middle East & Africa PCB Solid State Relays Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PCB Solid State Relays Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PCB Solid State Relays Market Size and Volume Forecast by Application
13.4.1. Building Equipment
13.4.2. Energy & Infrastructure
13.4.3. Food & Beverage
13.4.4. Automotive & Transportation
13.4.5. Medical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PCB Solid State Relays Market Size and Volume Forecast by Type
13.7.1. AC Output SSRs
13.7.2. DC Output SSRs
13.7.3. AC/DC Output SSRs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PCB Solid State Relays Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PCB Solid State Relays Market: Market Share Analysis
14.2. PCB Solid State Relays Distributors and Customers
14.3. PCB Solid State Relays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Omron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IXYS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Crydom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TE Connectivity
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Relpol
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Carlo Gavazzi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Picker Relay
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Opto 22
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vishay
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Broadcom
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Celduc Relais
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Teledyne Relays
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fujitsu
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Rockwell Automation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wuxi Gold Control Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
