Photorelays Market

Photorelays are a type of photocouplers consisting of an LED optically coupled with a MOSFET. Photorelays offer many advantages over mechanical relays such as long service life, low-current drive and fast response. Photorelays are widely used for contact switching in semiconductor test systems, security systems, etc.

Photorelays Market contains market size and forecasts of Photorelays in global, including the following market information:

• Global Photorelays Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Photorelays Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Photorelays companies in 2021 (%)

The global Photorelays market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Above 20 V and Below 80 V Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Photorelays include Panasonic, OMRON, Toshiba, NEC, IXYS, BRIGHT TOWARD, COSMO Electronics and Okita Works, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Photorelays manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Photorelays Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photorelays Market Segment Percentages, by Type, 2021 (%)

• Above 20 V and Below 80 V
• Above 100 V and Below 200 V
• Above 200 V and Below 350 V
• Above 350 V

Global Photorelays Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photorelays Market Segment Percentages, by Application, 2021 (%)

• EV & Power Storage System
• Semiconductor Test Measurement & Telecommunication
• Medical & Military
• Industrial & Security Device
• Others

Global Photorelays Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photorelays Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Photorelays revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Photorelays revenues share in global market, 2021 (%)
• Key companies Photorelays sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Photorelays sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Panasonic
• OMRON
• Toshiba
• NEC
• IXYS
• BRIGHT TOWARD
• COSMO Electronics
• Okita Works