The solid state contactors (SSCs) market is projected to witness a CAGR of 4.38% during the forecast period to reach a total market size of US$4.997 billion by 2024, increasing from US$3.863 billion in 2018. The rise in demand for the automation technology is exponentially driving the growth of global solid-state contactors market. Use of advanced processing equipment in industries such as food and beverage, automotive, and manufacturing incorporate high heating or motion control applications during the production processes, this is further leading towards the global solid state contactors market growth. Growing renewable energy sector will bolster the demand for solid state contactors in the coming years as it offers an optimized control over energy consumption.
DRIVERS
Ability to offer durability along with faster switching abilities.
Growing in-vehicle electronic content.
RESTRAINTS
Availability of substitute.
Major industry players profiled as part of the report are Siemens AG, Mitsubishi Electric Corporation, and Omron Corporation among others.
Segmentation
The solid state contactors market has been analyzed through the following segments:
BY TYPE
Two-phase controlled
Three-phase controlled
By APPLICATION
Motion Control
Heating Control
Lighting Control
Power Control
BY INDUSTRY VERTICAL
Food and Beverage
Healthcare
Energy and Power
Manufacturing
Construction
Automotive
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Israel
Saudi Arabia
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SOLID STATE CONTACTORS MARKET BY TYPE
5.1. Two-phase controlled
5.2. Three-phase controlled
6. SOLID STATE CONTACTORS MARKET BY APPLICATION
6.1. Motion Control
6.2. Heating Control
6.3. Lighting Control
6.4. Power Control
7. SOLID STATE CONTACTORS MARKET BY INDUSTRY VERTICAL
7.1. Food and Beverage
7.2. Healthcare
7.3. Energy and Power
7.4. Manufacturing
7.5. Construction
7.6. Automotive
7.7. Others
8. SOLID STATE CONTACTORS MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Israel
8.4.2. Saudi Arabia
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Company Benchmarking and Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Crydom,Inc.
10.2. Mitsubishi Electric Corporation
10.3. Omron Corporation
10.4. Phoenix Contact
10.5. Rockwell Automation, Inc.
10.6. Fuji Electric FA Components & Systems Co., Ltd.
10.7. Siemens AG
10.8. E. Dold & Söhne KG
LIST OF FIGURES
LIST OF TABLES
Crydom,Inc.
Mitsubishi Electric Corporation
Omron Corporation
Phoenix Contact
Rockwell Automation, Inc.
Fuji Electric FA Components & Systems Co., Ltd.
Siemens AG
E. Dold & Söhne KG
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