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Global Solid State Relays Industry (2020 to 2027) - Market Trajectory & Analytics
DUBLIN, Aug. 11, 2020 /PRNewswire/ -- The "Solid State Relays - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
 The publisher bring years of research experience to the 8th edition of this report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Solid State Relays Market to Reach $1.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Solid State Relays estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027.
The U.S. Market is Estimated at $308.4 Million, While China is Forecast to Grow at 5% CAGR
The Solid State Relays market in the U.S. is estimated at US$308.4 Million in the yea 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$264.4 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.
Competitors identified in this market include, among others:
- Broadcom Ltd.
- Carlo Gavazzi Holding AG
- Celduc Relais
- Crydom, Inc.
- Fujitsu Ltd.
- Ixys Integrated Circuits Division Inc.
- Omega Engineering, Inc.
- Omron Corporation
- Rockwell Automation, Inc.
- Teledyne Relays
- Vishay Intertechnology, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Solid State Relay Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/aoaehj
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 View original content:http://www.prnewswire.com/news-releases/global-solid-state-relays-industry-2020-to-2027---market-trajectory--analytics-301110040.html
SOURCE Research and Markets
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