Solid State Relay Market Share

ID: MRFR/SEM/7173-CR

128 Pages

Ankit Gupta

May 2024

Solid State Relay Market Research Report Information By Type (DC to AC, DC to DC, AC to DC, and AC/DC to AC), By Mounting (El Panel Mount, PCB Mount, Din Rail Mount, and Others), By Output Voltage (DC Solid State Relay {Constant Current and Resistive Current} and AC Solid State Relay {Single Phase and Three-Phase}), By Current Rating (Low (0-20A), Medium (20A-50A), and High (50A and Above)), By...

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Market Share

Solid State Relay Market Share Analysis

In recent years, the Solid State Relay (SSR) market, a vital part of the electronics sector, has seen a changed landscape. In competition for dominance, market share placement strategies go a long way in determining its success. One popular approach is differentiation through technological innovation. This is closely followed by pricing as another critical strategy. Some players use a cost leadership strategy and offer SSRs at competitive prices to gain a large market share. Through this strategy, firms are able to capture price-sensitive segments of the market since they target people who want affordability without compromising quality. On the other hand, premium pricing strategies focus on customers who demand exceptionally good-performing SSRs and are ready to pay more for them. Getting the right balance between price and value is key in this competitive environment. Market segmentation is one more effective method for the SSR market. In an effort to satisfy the varied needs of their customers, companies customize their products to specific segments of the market. Strategic alliances and collaborations also play a key role in terms of market share positioning. They may partner with other complementary businesses, thus extending their reach into new markets while boosting their product ranges as well. This could involve working together with suppliers, distributors, or research institutions to utilize valuable resources, expertise, or even distribution channels. By entering into strategic partnerships with these partners, firms can consolidate their position in the SSR market and make a complete proposal for customers. In addition to these strategies, brand reputation and customer relationships significantly influence market share positioning. A company that has a strong presence through marketing and excellent customer service will have a group of loyal clients. Word-of-mouth recommendation among satisfied customers increases a company's reputation, making it the most preferred SSR solution. Furthermore, global expansion is another strategy companies use to increase their market shares in the SSR market. Targeting new geographical locations enables firms to gain access to emerging markets while diversifying their customer base and reducing over-reliance on one specific region. However, successful global expansion requires understanding local regulations, preferences, and competition.

Market Highlights

Author

Ankit Gupta

Senior Research Analyst

Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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FAQs

What is the projected market valuation for the Solid State Relay Market in 2035?

The projected market valuation for the Solid State Relay Market in 2035 is 2.145 USD Million.

What was the overall market valuation for the Solid State Relay Market in 2024?

The overall market valuation for the Solid State Relay Market in 2024 was 1.325 USD Million.

What is the expected CAGR for the Solid State Relay Market during the forecast period 2025 - 2035?

The expected CAGR for the Solid State Relay Market during the forecast period 2025 - 2035 is 4.48%.

Which companies are considered key players in the Solid State Relay Market?

Key players in the Solid State Relay Market include Omron, Crydom, Carlo Gavazzi, Schneider Electric, Panasonic, Siemens, TE Connectivity, Fujitsu, and Broadcom.

What are the different types of Solid State Relays and their market valuations?

The types of Solid State Relays include DC to AC, DC to DC, AC to DC, and AC/DC to AC, with valuations ranging from 0.2 to 0.65 USD Million.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Solid State Relay Market Size was estimated at 1.325 USD Million in 2024. The Solid State Relay industry is projected to grow from 1.384 in 2025 to 2.145 by 2035, exhibiting a compound annual growth rate (CAGR) of 4.48 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Solid State Relay Market is experiencing robust growth driven by technological advancements and increasing automation demands.

North America remains the largest market for solid state relays, driven by industrial automation and energy efficiency initiatives.
The Asia-Pacific region is the fastest-growing market, fueled by rapid industrialization and technological innovations.
The DC to AC segment holds the largest share, while the DC to DC segment is witnessing the fastest growth due to rising applications in various sectors.
Key market drivers include the rising demand for energy efficiency and the expansion of industrial automation, particularly in renewable energy applications.

Solid State Relay Market

CAGR

4.48%

Market Size & Forecast

2024 Market Size	1.325 (USD Million)
2035 Market Size	2.145 (USD Million)
CAGR (2025 - 2035)	4.48%
Largest Regional Market Share in 2024	Asia Pacific

Major Players

Omron (JP), Crydom (US), Carlo Gavazzi (CH), Schneider Electric (FR), Panasonic (JP), Siemens (DE), TE Connectivity (US), Fujitsu (JP), Broadcom (US)

Market Trends

The Solid State Relay Market is currently experiencing a notable transformation, driven by advancements in technology and increasing demand for efficient power management solutions. The shift towards automation in various industries, including manufacturing and automotive, appears to be a significant factor influencing market dynamics. As organizations seek to enhance operational efficiency and reduce energy consumption, solid state relays are becoming increasingly favored over traditional electromechanical relays. This trend suggests a growing recognition of the benefits offered by solid state technology, such as faster switching speeds, longer lifespan, and reduced maintenance requirements. Moreover, the rising emphasis on renewable energy sources and smart grid technologies is likely to further propel the Solid State Relay Market. As the integration of solar and wind energy systems expands, the need for reliable and efficient switching devices becomes paramount. Solid state relays, with their ability to handle high voltages and currents, may play a crucial role in facilitating this transition. Additionally, the ongoing development of Internet of Things (IoT) applications is expected to create new opportunities for solid state relays, as they are increasingly utilized in smart home devices and industrial automation systems. Overall, the Solid State Relay Market appears poised for growth, driven by technological advancements and evolving consumer preferences.

Technological Advancements

The Solid State Relay Market is witnessing rapid technological innovations, which enhance performance and reliability. New materials and designs are being developed to improve thermal management and increase switching capabilities. This evolution is likely to attract a broader range of applications across various sectors.

Growing Demand for Automation

There is a marked increase in the demand for automation solutions across industries, which is influencing the Solid State Relay Market. As companies strive for greater efficiency and productivity, solid state relays are becoming essential components in automated systems, facilitating faster and more reliable operations.

Integration with Renewable Energy

The Solid State Relay Market is also benefiting from the integration of renewable energy sources. As the world shifts towards sustainable energy solutions, solid state relays are increasingly utilized in solar and wind energy systems, providing efficient control and management of power flow.

The Global Solid State Relay Market is poised for robust growth as industries increasingly adopt advanced automation technologies and energy-efficient solutions, reflecting a broader trend towards modernization and sustainability in electrical systems.

U.S. Department of Energy

Solid State Relay Market Market Drivers

Growth in Renewable Energy Sector

The Solid State Relay Market is poised for growth due to the increasing integration of renewable energy sources. As the world shifts towards sustainable energy solutions, solid state relays are becoming essential components in solar inverters and wind turbine systems. Their ability to handle high switching frequencies and provide reliable performance under varying conditions makes them ideal for renewable energy applications. The market is expected to expand as governments and private sectors invest in renewable energy infrastructure. By 2025, the renewable energy sector is projected to account for a significant share of the solid state relay market, with an estimated value of over 500 million dollars. This trend highlights the critical role that solid state relays play in facilitating the transition to cleaner energy sources, thereby driving the Solid State Relay Market.

Expansion of Industrial Automation

The Solid State Relay Market is significantly influenced by the ongoing expansion of industrial automation. As manufacturers seek to enhance productivity and reduce operational costs, the integration of solid state relays into automated systems becomes increasingly prevalent. These devices offer rapid switching capabilities and improved reliability, making them ideal for various applications in automation. The market is expected to grow as industries such as automotive, food and beverage, and pharmaceuticals adopt advanced automation technologies. In 2025, the industrial automation sector is anticipated to contribute to a substantial portion of the solid state relay market, with an estimated value exceeding 1 billion dollars. This growth underscores the critical role that solid state relays play in modern manufacturing processes, thereby driving the Solid State Relay Market.

Rising Demand for Energy Efficiency

The Solid State Relay Market is experiencing a notable surge in demand for energy-efficient solutions. As industries increasingly prioritize sustainability, the adoption of solid state relays, known for their low power consumption and minimal heat generation, is on the rise. This shift is driven by regulatory frameworks that encourage energy conservation and the reduction of carbon footprints. In 2025, the market is projected to witness a growth rate of approximately 8 percent, reflecting the industry's response to these environmental concerns. Companies are investing in solid state relay technologies to enhance operational efficiency while adhering to stringent energy regulations. This trend not only supports corporate sustainability goals but also aligns with consumer preferences for eco-friendly products, thereby propelling the Solid State Relay Market forward.

Increasing Adoption in Consumer Electronics

The Solid State Relay Market is witnessing a rise in adoption within the consumer electronics sector. As electronic devices become more sophisticated, the demand for reliable and efficient switching solutions grows. Solid state relays offer advantages such as compact size, high switching speed, and longer lifespan, making them suitable for various consumer applications. The proliferation of smart home devices and automation technologies is further fueling this trend. In 2025, the consumer electronics segment is expected to contribute significantly to the solid state relay market, with projections indicating a market value of approximately 300 million dollars. This growth reflects the increasing reliance on solid state relays in enhancing the functionality and performance of modern electronic devices, thereby propelling the Solid State Relay Market.

Technological Innovations in Solid State Relays

Technological innovations are reshaping the Solid State Relay Market, leading to the development of advanced relay solutions. Recent advancements in semiconductor technology have resulted in solid state relays that offer enhanced performance, increased durability, and improved thermal management. These innovations enable manufacturers to produce relays that can operate under extreme conditions, thereby expanding their application range. The introduction of smart solid state relays, which incorporate IoT capabilities, is also gaining traction. This trend is expected to drive market growth as industries seek to leverage data analytics for predictive maintenance and operational efficiency. By 2025, the market for technologically advanced solid state relays is projected to reach new heights, reflecting the industry's commitment to innovation and excellence.

Market Segment Insights

By Type: DC to AC (Largest) vs. DC to DC (Fastest-Growing)

In the Solid State Relay Market, the 'Type' segment delineates a clear distribution of market share across different forms of relays. The largest segment, DC to AC, dominates due to its broad application in industries that require conversion from direct current to alternating current systems. In contrast, the DC to DC segment, while smaller, is rapidly gaining traction owing to increasing demand in applications that necessitate effective DC voltage regulation across various devices. Furthermore, many factors contribute to the growth trends within this segment. The surging adoption of renewable energy systems, combined with advancements in technology, has paved the way for more efficient and compact solid state relays. As the industry drives toward automation and enhanced energy savings, the DC to DC segment has emerged as the fastest-growing area, showing a rising preference among consumers for efficient energy conversion solutions.

DC to AC (Dominant) vs. DC to DC (Emerging)

The DC to AC segment represents the dominant force within the Solid State Relay Market, primarily due to its extensive utility in various sectors utilizing AC systems. Its salient features include high-speed switching capabilities and improved reliability, making it indispensable for applications in motor control, heating units, and industrial automation. The versatility of DC to AC relays ensures their application is prevalent across numerous sectors, which solidifies their leading position in the market. In contrast, the DC to DC segment, classified as emerging, is carving its niche as technological advancements promote more refined solutions for direct current systems. This segment benefits from increased adoption in contemporary electronics, where precision in DC voltage regulation is critical, and is likely to leverage new technologies to enhance its market presence.

By Mounting: Panel Mount (Largest) vs. PCB Mount (Fastest-Growing)

In the Solid State Relay (SSR) market, the mounting segment comprises Panel Mount, PCB Mount, Din Rail Mount, and Others. Panel Mount holds the largest share, consistently preferred for its ease of installation and robust performance in industrial applications. PCB Mount is rapidly gaining popularity due to the increasing miniaturization of electronic devices. This segment's growing preference is driven by the demand for efficient space utilization and lower manufacturing costs, which make it appealing to OEMs.

Panel Mount (Dominant) vs. PCB Mount (Emerging)

The Panel Mount segment remains dominant in the Solid State Relay market due to its widespread adaptability in various industrial settings, offering superior heat dissipation and ease of integration into machinery and control systems. Its robust design makes it highly reliable for high-power applications. On the other hand, the PCB Mount segment is emerging, particularly favored in consumer electronics and compact devices. This mounting style allows for seamless integration onto printed circuit boards, facilitating space-saving designs and reduced component count. As technology advances, the PCB Mount segment is expected to continue gaining traction, encouraged by innovations in circuit design and demand for compact solutions.

By Output Voltage: AC Solid State Relay (Largest) vs. DC Solid State Relay (Fastest-Growing)

The Solid State Relay Market has a clear distribution among output voltages, with AC Solid State Relays leading the market share. Their extensive applications in industrial automation and control systems contribute significantly to their dominance. Conversely, DC Solid State Relays are gaining traction, especially in sectors focusing on renewable energy and automation technology, making them an emerging asset in the market landscape. As the industry shifts towards more efficient technologies, the growth trends for DC Solid State Relays are promising, driven by the rising demand for renewable energy systems and battery management applications. Additionally, advancements in semiconductor technology and the growing need for reliable, high-speed switching solutions are propelling the adoption of DC Solid State Relays in various applications, reflecting their increasing share in the market.

AC Solid State Relay (Dominant) vs. DC Solid State Relay (Emerging)

AC Solid State Relays are characterized by their ability to switch AC loads and are widely adopting due to their efficiency and reliability in various applications, including heating control, lighting, and motor control. Their popularity can be attributed to their robustness and ability to handle hefty loads without the degradation typically seen in electromechanical relays. Meanwhile, DC Solid State Relays are emerging as crucial components in the market due to their suitability for modern applications like solar inverters and electric vehicle charging stations. As technology evolves, DC relays are witnessing significant advancements in their design and functionality, enhancing their appeal as more industries embrace high-performance and energy-efficient solutions.

By Current Rating: Medium (Largest) vs. Low (Fastest-Growing)

In the Solid State Relay market, the current rating segments are delineated into Low (0-20A), Medium (20A-50A), and High (50A and Above). The Medium segment currently holds the largest market share, driven by extensive applications in industrial automation and HVAC systems. Meanwhile, the Low segment is emerging rapidly, capturing interest particularly in consumer electronics and small appliances where energy efficiency is crucial, indicating a significant shift towards smaller, more efficient relay solutions. As the demand for energy-efficient solutions escalates, the Low current rating category sees the fastest growth. Technological advancements in solid-state devices are enabling manufacturers to develop cost-effective, compact relays that cater to modern needs. Furthermore, the trend towards miniaturization in electronic devices is further propelling the adoption of low-rated relays, as they offer both reliability and versatility in smaller formats. This growth is expected to continue in the coming years as more sectors seek to reduce energy consumption and enhance performance through innovative relay technologies.

Medium (Dominant) vs. High (Emerging)

The Medium current rating segment (20A-50A) is recognized as the dominant force in the Solid State Relay market due to its widespread application in both industrial and commercial sectors. Its reliability, superior performance, and flexibility make it ideal for various automation processes, including motor controls and heating applications. In contrast, the High current rating segment (50A and Above) is emerging as a new player driven by the rising demand for more robust solutions in heavy-duty applications such as power distribution and renewable energy systems. While still capturing a smaller market share, it benefits from advancements in materials and technology that enhance its performance, paving the way for increased adoption in future energy systems.

By Application: Industrial Automation (Largest) vs. Food & Beverage (Fastest-Growing)

The Solid State Relay Market is primarily dominated by the Industrial Automation segment, reflecting its critical role in streamlining operations and enhancing efficiency across manufacturing processes. This segment holds the largest share due to the widespread adoption of smart manufacturing technologies and the increasing need for automated solutions in various industrial applications. Following closely, the Food and Beverage segment is witnessing a rapid increase in its market presence, driven by stringent food safety regulations and the growing trend of automation in food processing and packaging.

Industrial Automation (Dominant) vs. Food & Beverage (Emerging)

The Industrial Automation segment is characterized by its extensive use of solid state relays in control systems, enabling precise and efficient operation of machinery in factories. As businesses increasingly invest in automation to improve productivity and reduce operational costs, this segment continues to solidify its dominant position in the market. In contrast, the Food & Beverage segment—while still emerging—has gained traction due to the industry's focus on automation to enhance product consistency and safety. With the rise of smart technology adoption in handling food processes, this segment is anticipated to grow rapidly, highlighting the shift towards advanced food processing techniques and automated solutions that ensure compliance with health regulations.

Get more detailed insights about Solid State Relay Market Research Report - Global Forecast till 2032

Regional Insights

North America : Technological Innovation Leader

North America is the largest market for solid state relays, holding approximately 40% of the global market share. The region's growth is driven by increasing automation in industries such as manufacturing and automotive, alongside stringent safety regulations that favor solid state solutions over traditional electromechanical relays. The demand for energy-efficient and reliable components is also a significant catalyst for market expansion. The United States and Canada are the leading countries in this region, with major players like Omron, Crydom, and TE Connectivity establishing a strong presence. The competitive landscape is characterized by continuous innovation and partnerships among key players, enhancing product offerings. The focus on smart technologies and IoT integration further propels the demand for solid state relays, ensuring a robust market environment.

Europe : Regulatory-Driven Market Dynamics

Europe is the second-largest market for solid state relays, accounting for approximately 30% of the global market share. The region's growth is significantly influenced by stringent EU regulations aimed at improving energy efficiency and reducing carbon emissions. The push for automation in various sectors, including renewable energy and industrial applications, is also driving demand for solid state relays, which are favored for their reliability and performance. Germany, France, and the UK are the leading countries in this market, with key players like Schneider Electric and Siemens playing pivotal roles. The competitive landscape is marked by a focus on innovation and sustainability, with companies investing in R&D to develop advanced relay technologies. The presence of regulatory bodies ensures compliance and fosters a favorable environment for market growth, enhancing the overall competitiveness of the region.

Asia-Pacific : Emerging Market Potential

Asia-Pacific is witnessing rapid growth in the solid state relay market, holding approximately 25% of the global market share. The region's expansion is driven by increasing industrialization, urbanization, and the rising demand for automation in manufacturing processes. Countries like China and India are at the forefront, supported by government initiatives aimed at enhancing infrastructure and promoting energy-efficient technologies, which are crucial for solid state relay adoption. China is the largest market in the region, with significant contributions from local manufacturers and international players like Panasonic and Fujitsu. The competitive landscape is evolving, with a mix of established companies and emerging startups focusing on innovation and cost-effective solutions. The growing emphasis on smart manufacturing and IoT applications is expected to further boost the demand for solid state relays in this dynamic market.

Middle East and Africa : Resource-Rich Market Opportunities

The Middle East and Africa region is gradually emerging in the solid state relay market, holding about 5% of the global market share. The growth is primarily driven by increasing investments in infrastructure and energy sectors, particularly in countries like the UAE and South Africa. The demand for reliable and efficient electrical components is rising, supported by government initiatives aimed at modernizing electrical systems and enhancing energy efficiency. The competitive landscape in this region is still developing, with a mix of local and international players. Companies are focusing on establishing partnerships and collaborations to enhance their market presence. The growing interest in renewable energy projects and smart grid technologies is expected to create new opportunities for solid state relay manufacturers, fostering a more competitive environment in the coming years.

Key Players and Competitive Insights

The Solid State Relay Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for automation across various sectors. Key players such as Omron (Japan), Crydom (US), and Schneider Electric (France) are strategically positioning themselves through innovation and regional expansion. Omron (Japan) focuses on enhancing its product portfolio with advanced features, while Crydom (US) emphasizes its strong presence in North America, leveraging its established distribution networks. Schneider Electric (France) is actively pursuing digital transformation initiatives, integrating IoT capabilities into its relay solutions, which collectively shapes a competitive environment that is increasingly focused on technological differentiation and customer-centric solutions.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is particularly crucial in the current global economic climate. The Solid State Relay Market appears moderately fragmented, with several key players exerting influence over their respective regions. This fragmentation allows for niche players to thrive, while larger corporations leverage their scale to dominate market segments. The collective influence of these key players fosters a competitive structure that encourages innovation and responsiveness to market demands.

In August 2025, Omron (Japan) announced the launch of its latest series of solid state relays designed for high-frequency applications, which is expected to enhance performance in industrial automation. This strategic move not only reinforces Omron's commitment to innovation but also positions the company to capture a larger share of the growing automation market. The introduction of these advanced relays is likely to attract new customers seeking reliable and efficient solutions, thereby strengthening Omron's competitive edge.

In September 2025, Schneider Electric (France) unveiled a partnership with a leading software firm to develop AI-driven predictive maintenance solutions for its solid state relay products. This collaboration signifies a strategic shift towards integrating artificial intelligence into their offerings, which could potentially enhance operational efficiency for end-users. By leveraging AI, Schneider Electric aims to provide customers with proactive solutions that minimize downtime and optimize performance, thereby solidifying its market position.

In July 2025, Crydom (US) expanded its manufacturing capabilities by investing in a new facility in Mexico, aimed at increasing production capacity and reducing costs. This expansion is indicative of Crydom's strategy to localize production and respond swiftly to market demands. By enhancing its manufacturing footprint, Crydom is likely to improve its supply chain efficiency and better serve its North American customer base, which is crucial in a competitive landscape where responsiveness is key.

As of October 2025, the Solid State Relay Market is witnessing trends such as digitalization, sustainability, and the integration of AI technologies. These trends are reshaping competitive dynamics, with companies increasingly forming strategic alliances to enhance their technological capabilities. The shift from price-based competition to a focus on innovation and supply chain reliability is becoming evident, suggesting that future competitive differentiation will hinge on the ability to deliver advanced, reliable, and sustainable solutions.

Key Companies in the Solid State Relay Market market include

Industry Developments

Q2 2024: Littelfuse to Acquire C&K Switches, Expanding Its Switch Portfolio Littelfuse, a major player in the solid state relay market, announced the acquisition of C&K Switches in a move to broaden its product offerings in electronic switches and relays. The deal is expected to strengthen Littelfuse’s position in the industrial and automotive sectors.
Q1 2024: OMRON Launches New G3VM-21MT Solid State Relay for Industrial Automation OMRON Corporation introduced the G3VM-21MT, a new solid state relay designed for high-speed, high-precision industrial automation applications, expanding its product lineup for factory automation and process control.
Q2 2024: Sensata Technologies Expands Crydom Solid State Relay Line with New High-Current Models Sensata Technologies announced the launch of new high-current Crydom solid state relays, targeting applications in renewable energy and heavy industrial equipment, enhancing its SSR product range.
Q1 2024: IXYS Integrated Circuits Division Releases New SSRs for Medical and Test Equipment IXYS Integrated Circuits Division, a Littelfuse company, launched a new series of solid state relays optimized for use in medical devices and electronic test equipment, focusing on reliability and low leakage current.
Q2 2024: Panasonic Industry Announces New AQY Motion Sensing Solid State Relay Panasonic Industry released the AQY motion sensing solid state relay, designed for smart home and IoT applications, featuring ultra-low power consumption and compact size.
Q2 2024: TE Connectivity Unveils Next-Generation Solid State Relays for Electric Vehicle Charging TE Connectivity launched a new line of solid state relays specifically engineered for electric vehicle charging infrastructure, aiming to improve safety and efficiency in high-power charging stations.
Q1 2024: Schneider Electric Opens New Smart Manufacturing Facility in India Schneider Electric inaugurated a new smart manufacturing facility in India, which will produce advanced solid state relays and other automation components for global markets.
Q2 2024: Siemens and Mitsubishi Electric Announce Strategic Partnership on Solid State Relay Technology Siemens and Mitsubishi Electric entered a strategic partnership to co-develop next-generation solid state relay technology, focusing on industrial automation and energy management solutions.
Q1 2024: Carlo Gavazzi Launches RGC1 Series Solid State Relays for HVAC Applications Carlo Gavazzi introduced the RGC1 series of solid state relays, targeting the HVAC market with features designed for improved energy efficiency and reliability.
Q2 2024: Broadcom Expands Optocoupler-Based Solid State Relay Portfolio Broadcom announced the expansion of its optocoupler-based solid state relay portfolio, introducing new models for industrial and automotive applications.
Q1 2024: Crydom Wins Major Contract to Supply Solid State Relays for European Rail Infrastructure Crydom, a Sensata Technologies brand, secured a significant contract to supply solid state relays for a major European rail infrastructure project, supporting modernization and safety upgrades.
Q2 2024: Omron Appoints New Head of Global Industrial Automation Division Omron Corporation announced the appointment of a new executive to lead its global industrial automation division, which includes the company’s solid state relay business.

Future Outlook

Solid State Relay Market Future Outlook

The Solid State Relay Market is projected to grow at a 4.48% CAGR from 2024 to 2035, driven by advancements in automation, energy efficiency, and increasing demand in industrial applications.

New opportunities lie in:

Integration of solid state relays in renewable energy systems
Development of smart home automation solutions
Expansion into emerging markets with tailored products

By 2035, the Solid State Relay Market is expected to achieve robust growth and enhanced market presence.

Market Segmentation

Solid State Relay Market Type Outlook

DC to AC
DC to DC
AC to DC
AC/DC to AC.webp

Solid State Relay Market Mounting Outlook

Panel Mount
PCB Mount
Din Rail Mount
Others

Solid State Relay Market Application Outlook

Industrial Automation
Building Equipment
Energy & Power
Automotive & Transportation
Food & Beverage
Military & Defense
Others

Solid State Relay Market Current Rating Outlook

Low (0-20A)
Medium (20A-50A)
High (50A and Above)

Solid State Relay Market Output Voltage Outlook

DC Solid State Relay
AC Solid State Relay

Report Scope

MARKET SIZE 2024	1.325(USD Million)
MARKET SIZE 2025	1.384(USD Million)
MARKET SIZE 2035	2.145(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.48% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Million
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Integration of advanced automation technologies in industrial applications drives growth in the Solid State Relay Market.
Key Market Dynamics	Rising demand for energy-efficient solutions drives innovation and competition in the Solid State Relay market.
Countries Covered	North America, Europe, APAC, South America, MEA

Market Highlights

Author

Ankit Gupta

Senior Research Analyst

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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