Solid State Contactors Market Size, Share, Opportunities, And Trends By Application (Motion Control, Heating Control, Lighting Control, Power Control), By Industry Vertical (Food and Beverage, Healthcare, Energy and Power, Manufacturing, Construction, Automotive, Others), And By Geography - Forecasts From 2023 To 2028

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 automation technology is exponentially driving the growth of the global solid-state contactors market. The use of advanced processing equipment in industries such as food and beverage, automotive, and manufacturing incorporates high heating or motion control applications during the production processes, which is further leading toward the global solid-state contactors market growth. The growing renewable energy sector will bolster the demand for solid-state contractors in the coming years as it offers 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