The global SSRs market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy-efficient products and rising adoption of automation in various industries. The industrial automation segment accounted for the largest share of the global SSRs market in 2018, followed by building automation and home appliances segments.
The panel mount segment accounted for the largest share of the global SSRs market in 2018, followed by DIN rail mount and PCB mount segments. Industrial automation equipment application accounted for the largest share of the global SSRs market in 2018, followed by building automation and home appliances applications. North America was estimated to account for a significant share of this market in 2018 due to high adoption rates across various industries such as power & energy, industrial automations, buildings & homes etc, coupled with favorable government policies that promote investments into these sectors.
Some Of The Growth Factors Of This Market:
- The SSRs market is driven by the increasing demand for energy efficiency and reduction in power consumption.
- The SSRs market is also driven by the need for high-voltage switching applications in industries such as oil & gas, mining, and chemical processing.
- Increasing demand for automation in industries such as automotive, aerospace & defense, and food & beverage.
- Increasing demand for renewable energy sources.
Industry Growth Insights published a new data on “SSRs (Solid State Relays) Market”. The research report is titled “SSRs (Solid State Relays) Market research by Types (Panel Mount, DIN Rail Mount, PCB Mount, Others), By Applications (Industrial Automation Equipment, Building Automation, Home Appliances, Power & Energy, Others), By Players/Companies OMRON, Panasonic, Crydom, Fujitsu Limited, Jinxinrong, IXYS, AVAGO, TE, CELDUC, Sharp, Siemens, Rockwell Automation, OPTO22, Schneider, Carlo gavazzi, JiangSu GlOD Electrical Control Technology, Vishay, Bright Toward, CLION”.
Scope Of The Report
Report Attributes
Report Details
Report Title
SSRs (Solid State Relays) Market Research Report
By Type
Panel Mount, DIN Rail Mount, PCB Mount, Others
By Application
Industrial Automation Equipment, Building Automation, Home Appliances, Power & Energy, Others
By Companies
OMRON, Panasonic, Crydom, Fujitsu Limited, Jinxinrong, IXYS, AVAGO, TE, CELDUC, Sharp, Siemens, Rockwell Automation, OPTO22, Schneider, Carlo gavazzi, JiangSu GlOD Electrical Control Technology, Vishay, Bright Toward, CLION
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global SSRs (Solid State Relays) Market Report Segments:
The global SSRs (Solid State Relays) market is segmented on the basis of:
Types
Panel Mount, DIN Rail Mount, PCB Mount, Others
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 Automation Equipment, Building Automation, Home Appliances, 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:
- OMRON
- Panasonic
- Crydom
- Fujitsu Limited
- Jinxinrong
- IXYS
- AVAGO
- TE
- CELDUC
- Sharp
- Siemens
- Rockwell Automation
- OPTO22
- Schneider
- Carlo gavazzi
- JiangSu GlOD Electrical Control Technology
- Vishay
- Bright Toward
- CLION
 Market Overview.svg)
Highlights of The SSRs (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:
- Panel Mount
- DIN Rail Mount
- PCB Mount
- Others
- By Application:
- Industrial Automation Equipment
- Building Automation
- Home Appliances
- 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 SSRs (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
 Market Statistics.svg)
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?
SSRs are solid state relays that use semiconductor technology to control the flow of electricity. They are often used in industrial applications where reliability and long-term operation are important factors.
Some of the major companies in the ssrs (solid state relays) market are OMRON, Panasonic, Crydom, Fujitsu Limited, Jinxinrong, IXYS, AVAGO, TE, CELDUC, Sharp, Siemens, Rockwell Automation, OPTO22, Schneider, Carlo gavazzi, JiangSu GlOD Electrical Control Technology, Vishay, Bright Toward, CLION.
The ssrs (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. SSRs (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. SSRs (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. SSRs (Solid State Relays) Market - Supply Chain
4.5. Global SSRs (Solid State Relays) Market Forecast
4.5.1. SSRs (Solid State Relays) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. SSRs (Solid State Relays) Market Size (000 Units) and Y-o-Y Growth
4.5.3. SSRs (Solid State Relays) Market Absolute $ Opportunity
5. Global SSRs (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. SSRs (Solid State Relays) Market Size and Volume Forecast by Type
5.3.1. Panel Mount
5.3.2. DIN Rail Mount
5.3.3. PCB Mount
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global SSRs (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. SSRs (Solid State Relays) Market Size and Volume Forecast by Application
6.3.1. Industrial Automation Equipment
6.3.2. Building Automation
6.3.3. Home Appliances
6.3.4. Power & Energy
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global SSRs (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. SSRs (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 SSRs (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. SSRs (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 SSRs (Solid State Relays) Demand Share Forecast, 2019-2026
9. North America SSRs (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 SSRs (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 SSRs (Solid State Relays) Market Size and Volume Forecast by Application
9.4.1. Industrial Automation Equipment
9.4.2. Building Automation
9.4.3. Home Appliances
9.4.4. Power & Energy
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America SSRs (Solid State Relays) Market Size and Volume Forecast by Type
9.7.1. Panel Mount
9.7.2. DIN Rail Mount
9.7.3. PCB Mount
9.7.4. Others
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 SSRs (Solid State Relays) Demand Share Forecast, 2019-2026
10. Latin America SSRs (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 SSRs (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 SSRs (Solid State Relays) Market Size and Volume Forecast by Application
10.4.1. Industrial Automation Equipment
10.4.2. Building Automation
10.4.3. Home Appliances
10.4.4. Power & Energy
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America SSRs (Solid State Relays) Market Size and Volume Forecast by Type
10.7.1. Panel Mount
10.7.2. DIN Rail Mount
10.7.3. PCB Mount
10.7.4. Others
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 SSRs (Solid State Relays) Demand Share Forecast, 2019-2026
11. Europe SSRs (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 SSRs (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 SSRs (Solid State Relays) Market Size and Volume Forecast by Application
11.4.1. Industrial Automation Equipment
11.4.2. Building Automation
11.4.3. Home Appliances
11.4.4. Power & Energy
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe SSRs (Solid State Relays) Market Size and Volume Forecast by Type
11.7.1. Panel Mount
1.7.2. DIN Rail Mount
11.7.3. PCB Mount
11.7.4. Others
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 SSRs (Solid State Relays) Demand Share, 2019-2026
12. Asia Pacific SSRs (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 SSRs (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 SSRs (Solid State Relays) Market Size and Volume Forecast by Application
12.4.1. Industrial Automation Equipment
12.4.2. Building Automation
12.4.3. Home Appliances
12.4.4. Power & Energy
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific SSRs (Solid State Relays) Market Size and Volume Forecast by Type
12.7.1. Panel Mount
12.7.2. DIN Rail Mount
12.7.3. PCB Mount
12.7.4. Others
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 SSRs (Solid State Relays) Demand Share, 2019-2026
13. Middle East & Africa SSRs (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 SSRs (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 SSRs (Solid State Relays) Market Size and Volume Forecast by Application
13.4.1. Industrial Automation Equipment
13.4.2. Building Automation
13.4.3. Home Appliances
13.4.4. Power & Energy
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa SSRs (Solid State Relays) Market Size and Volume Forecast by Type
13.7.1. Panel Mount
13.7.2. DIN Rail Mount
13.7.3. PCB Mount
13.7.4. Others
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 SSRs (Solid State Relays) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global SSRs (Solid State Relays) Market: Market Share Analysis
14.2. SSRs (Solid State Relays) Distributors and Customers
14.3. SSRs (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. Panasonic
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. Fujitsu Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jinxinrong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IXYS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AVAGO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CELDUC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sharp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Siemens
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rockwell Automation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OPTO22
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Schneider
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Carlo gavazzi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. JiangSu GlOD Electrical 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. Vishay
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Bright Toward
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CLION
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
