Menlo Micro’s switch technology is recognized in the energy grid and power supply category as the most important electronic component innovation since the invention of the transistor
April 25, 2022
IRVINE, Calif.— The global electrification market is experiencing tremendous growth, and is projected to reach $128 billion by 2028, according to Adroit Market Research. As a result, more intelligent and efficient power switching devices are needed to control and protect billions of critical assets used in industrial automation, smart buildings, transportation, and electrical infrastructure.
According to a recent Menlo Micro white paper, the Ideal Switch can contribute to a more energy-efficient world by helping to eliminate 20 percent of global carbon emissions and enabling $37 billion in electricity savings by 2050. It is reported to eliminate compromises and tradeoffs by combining the benefits of electromechanical and solid-state switches into a type of switch that offers “the best of both worlds.”
Earlier this year, the Ideal Switch earned Menlo Micro a 2022 Edison Award in the Energy Grid and Power Supply category for its positive impact in the world.
“The Ideal Switch brings massive reductions, often greater than 99 percent, in size, weight, power, and cost, across dozens of industries,” said Chris Giovanniello, co-founder and senior vice president of marketing at Menlo Micro, in a release from the company. “These reductions are fundamental to accelerating the transition to the electrification of everything and modernizing the $100 billion-plus market for RF and power switching and protection devices in the 21st century.”
According to Menlo Micro, an estimated 8 billion switching devices are deployed in factories each year. Faster, smaller and more reliable Ideal Switch devices can fundamentally change how factories operate and manage workloads, the company said in the release.
For example, electromechanical relays and switches that are used to control industrial processes and equipment can be replaced with highly efficient Ideal Switch technology that can “increase reliability 1000x and save more than $7 trillion in operating costs by 2050,” the company said.
Also, more than 175 billion switching devices—including ceiling fan motor regulators, smart switches and outlets, circuit breakers, and HVAC controls—are reportedly installed in buildings worldwide. According to Menlo Micro, replacing 20 billion outlets and switches in U.S. buildings with Ideal Switches can save the equivalent amount of electricity produced by 11 power plants. Using Ideal Switches in the controllers of more than a billion ceiling fans worldwide would also save enough energy to take 17 coal-fired power plants off the grid, the company said.
Menlo Micro said that after more than 40 years of industry attempts by larger companies, it has delivered a switching technology that leverages advances in materials science and MEMS technology. It calls its Ideal Switch “the most important electronic component since the invention of the transistor.”
The company has engaged with global technology leaders and delivered a strong product pipeline while producing and shipping the Ideal Switch in volume for numerous applications. These applications are reported to include power grid, medical technology, test and measurement, aerospace and defense, 5G infrastructure, industrial IoT, and smart building.
The Edison Awards are named after Thomas Edison, whose inventions, product development methods, and innovative achievements helped change the world. The Edison Awards have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987.
“It’s only fitting that the Edison Awards recognized Menlo Micro’s transformative Ideal Switch following the 175th birthday of Thomas Edison, the visionary who invented and patented the first circuit breaker in 1879, the precursor of all modern switches,” Giovanniello added.