The solid state relay market is projected to grow at a CAGR of 5.23% from US$1,447 million in 2025 to US$1,867 million in 2030.
A solid-state relay is a completely electronic switching device that operates when an external voltage is passed across its control terminals and has no moving parts as switching states are provided by semiconductors like thyristors, triacs, diodes, and transistors. The solid-state relay market is expected to grow owing to the rising adoption of high-tech electronics and automation technology in the consumer electronics industry, the developing intricacy in circuits of electric vehicles, and the sturdy benefits and characteristics of solid-state relays. Nonetheless, the market growth is predicted to be restrained by factors like demand for a secure working temperature to direct disperse heat produced by solid-state relays, towering expenditure, and the prerequisite of higher initial investment as opposed to electromagnetic relays and continuous spillage in the turning OFF solid-state relays.
The key driver of the solid-state relay market is the shift from the conventional electromagnetic relay to the solid-state relay. The consistent shift from electromagnetic relays to solid-state relays is by virtue of the different benefits it offers such as the more modest size, greater unwavering quality because of no moving part, elite, and low clamor that have prompted the expanded adoption of these solid-state relays. These favourable properties have led to an increase in the demand for solid-state relays by various industries. Additionally, incrementing interest to overhaul the power framework in developed nations to decrease heat production through heat scattering with the use of solid-state relays is also expected to propel the growth of the solid-state relay market.
The global consumer electronics market including home electronics, beverage dispensing machines, and office machines is predicted to grow to attribute to the soaring adoption of hi-tech electronics. The digital innovation in all three areas is owed to the changing consumer behaviour for increasing interest towards advanced, easy-to-use, and smart technological devices. This growth in innovation and adoption of consumer electronics has pushed the demand for solid-state relays because of their prompt use for switching applications and advancing protection against electrical surges.
The global solid state relay (SSR) market report provides a comprehensive analysis of the industry, offering strategic and executive-level insights backed by data-driven forecasts and trends. Regularly updated, this report empowers decision-makers with actionable intelligence on market dynamics, emerging opportunities, and competitive landscapes. It explores demand across various SSR types, such as AC SSRs, DC SSRs, and AC/DC SSRs, while detailing their adoption across key regions. The report also delves into technological advancements, government policies, regulations, and macroeconomic factors shaping the SSR market.
Solid State Relay Market Segmentation by type:
The SSR market is analyzed by type into the following:
Solid State Relay Market Segmentation by mounting type:
The SSR market is analyzed by mounting type into the following:
Solid State Relay Market Segmentation by application:
The SSR market is analyzed by application into the following:
Solid State Relay Market Segmentation by end-user industry:
The SSR market is analyzed by end-user industry into the following:
Solid State Relay Market Segmentation by regions:
The study also analysed the solid state relay market into the following regions, with country level forecasts and analysis as below:
The global Solid state relay market is marked by the presence of key players such as Omron Corporation, Sensata Technologies, Carlo Gavazzi Holding AG, TE Connectivity, Schneider Electric, Rockwell Automation, Littelfuse, Panasonic Corporation, Phoenix Contact, Vishay Intertechnology, Finder Relays, and Celduc Relais.
This report provides extensive coverage as explained in the points below:
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| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Solid State Relay Market Size in 2025 | US$1,447 million |
| Solid State Relay Market Size in 2030 | US$1,867 million |
| Growth Rate | CAGR of 5.23% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Million |
| Segmentation |
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| Geographical Segmentation | Americas, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Solid State Relay Market |
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| Customization Scope | Free report customization with purchase |