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Solid State Relay Market Worth $1.5 Billion by 2025


Solid State Relay Market Worth $1.5 Billion by 2025
Solid State Relay Market with COVID-19 Impact by Mounting Type (Panel, PCB), Output Voltage (AC, DC, AC/DC), Current Rating (Low, Medium, High), Application (Industrial Automation, Automotive & Transportation), and Geography - Global Forecast to 2025
 
Northbrook, IL (SBWIRE) 12/22/2020 According to the new market research report Solid State Relay Market with COVID-19 Impact by Mounting Type (Panel, PCB), Output Voltage (AC, DC, AC/DC), Current Rating (Low, Medium, High), Application (Industrial Automation, Automotive & Transportation), and Geography - Global Forecast to 2025 , published by MarketsandMarkets™, the global Solid State Relay Market size is projected to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 6.6% from 2020 to 2025. The key factors fueling the growth of this market include growing adoption of high-tech electronics and automation in consu ....

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Solid State Relay Market worth $1.5 billion by 2025 - Exclusive Report by MarketsandMarkets


Solid State Relay Market worth $1.5 billion by 2025 - Exclusive Report by MarketsandMarkets
CHICAGO, Dec. 15, 2020 /PRNewswire/ According to the new market research report
Solid State Relay Market with COVID-19 Impact by Mounting Type (Panel, PCB), Output Voltage (AC, DC, AC/DC), Current Rating (Low, Medium, High), Application (Industrial Automation, Automotive & Transportation), and Geography - Global Forecast to 2025 , published by MarketsandMarkets, the global Solid State Relay Market size is projected to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 6.6% from 2020 to 2025. The key factors fueling the growth of this market include growing adoption of high-tech electronics and automation in consumer electronics industry, increase of overall revenue projection of the semiconductor industry despite the outbreak of COVID-19, increasing complexity in automobile circuits of electric vehicles, and robust features of solid ....

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