Panel Mount Solid State Relay Market valued at US $1.23 Billion in 2022 is anticipated to reach a value of US $2.05 Billion in 2030, growing at a CAGR of 6.6%.
A solid-state relay is an electronic switching device that turns on or off when a modest external voltage is put across its control terminals. It does this by utilising the electrical and optical capabilities of solid-state semiconductors. Since it trips the circuit breaker when a fault is detected and prevents damage to the central system, they are primarily employed to prevent any severe mishaps or flashovers. These have a long self-life because, unlike electromechanical relay, they do not have moving parts to wear out.
Panel Mount Solid State Relay: Overview
By detecting excessive voltage and distributing power evenly, a smart grid system is an electronic device made up of solid-state relay switches that prevents the disruption of the electric supply. Solid state relay will be used more frequently across a wider range of industries, which will boost market sales.
A solid-state relay (SSR) is a type of electrical switching device that operates by switching on and off when an external voltage (AC or DC) is applied across its control terminals. It serves the same function as an electromechanical relay but has a longer operational lifetime because there are no moving parts. A solid-state electronic switching device switches on the load circuitry, a sensor responds to a control signal, a coupling mechanism enables the control signal to activate the load circuit elements. without the usage of any mechanical components.
It is possible to programme the relay to switch AC or DC loads. Thyristors and transistors, power semiconductor devices, are used in tiny solid-state relays to switch currents up to 100 amps. Unlike electromechanical relays, solid-state relays feature faster switching rates and no physical contacts to wear out. Users of solid-state relays must take into account the increased "on" resistance of the SSR as well as the fact that it cannot withstand a significant transient overload in the same manner that an electromechanical relay can. An SSR based on a single MOSFET or a large number of MOSFETs arranged in parallel can work well for DC loads.
Growing use of solid state relay in electric car batteries, speed regulating units, and other low maintenance and small automotive parts will further encourage market expansion in the automotive industry.
The development of smart grids for smart cities has been accelerated by the greater adoption of the Internet of Things. The modernization of energy networks, from the end user through distribution and transmission, relies on the deployment of smart grids, which utilise cutting-edge technologies. In order to limit heat dissipation, they use two layers of relays in smart metres (AC power relay and solid-state relay).
The manufacturers of SSRs have to abide by several safety rules and regulations and industry standards so that the product is universally compatible for various applications. Various associations, such as VDE (Verband der Elektrotechnik), which is an Association for Electrical, Electronic & Information Technology from Europe, provide standards for ensuring that the electricity is generated, distributed, and used in a safe and effective manner. The UL (Underwriter Laboratories) certification from the US has several variants in the US, Canada, and Europe for preventing damage in specific instances such as casualty and fire, performance under specific conditions, and compliance with regulatory codes.
Competitive Landscape:
- Crydom Inc.
- ABB Ltd
- Vishay Intertechnology (Siliconix)
- Linear Technology
- Texas Instruments Incorporated
- International Rectifier
- Rockwell Automation Inc.
- STMicroelectronics
- Fairchild Semiconductor
- Carlo Gavazzi Holding AG
- Infineon Technologies AG
Segmental Analysis of Global Panel Mount Solid State Relay Market:
Based on Mounting Type:
- Panel
- PCB
- DIN Rail
- plug-in
- SO4
- DIP
Based on Output Voltage
- AC
- DC
- AC/DC
Based on Current Rating
- Low (0A–20A)
- Medium (20A–50A)
- High (More than 50A)
Based on Application
- Industrial Automation
- Machine Tools
- Elevators
- Conveyor Systems
- Industrial Robotics
- Material Handling Equipment
- Hoists and Fitness Equipment
- Building Equipment
- Lighting Equipment
- Office Lighting Systems
- Warehouse/theatrical Lighting Systems
o Security and Access Control Systems
o HVAC Systems
o Heat Pumps
o Roof Heating
o Radiant Underfloor Heating
- Industrial OEM
- Electronics Equipment
- Packaging Devices
- Plastic and Printing Devices
- Communication Devices
- Laboratory Ovens
- Glass Equipment
- Drying Systems
- Energy & Infrastructure
- Power Distribution
- Solar Tracking Systems
- Wind Turbines
- Network Disconnect System
- Photovoltaic (PV) Diode Arrays
- UPS System
- Automotive & Transportation
- Train Control Systems
- Electric Vehicles
- Refrigerated Vehicles
- Emergency Vehicles
- Aircraft Power Supplies
- Medical
- Dialysis Machines
- Medical Sterlizers
- Incubators
- Cardiac Mapping
- Warming Blankets
- Imaging Systems
- Patient Mobility
- Electronic Nerve Stimulation
- Drug Dispending System
- Portable Patient Monitors
- Portable Respiratory Equipment
- Food & Beverages
- Ovens
- Coffee Makers & Vending Machines
- Toasters
- Steamers
- Warming Trays
Major questions answered in the report:
- What are the major growth factors, challenges, and trends in the Global Panel Mount Solid State Relay Market?
- Which top companies are contributing in the growth of Global Panel Mount Solid State Relay Market?
- Which regional segment accounts for the largest revenue share in the Global Panel Mount Solid State Relay Market?
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