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Europe Solid State Relay Market Size, Share & Trends Analysis Report By Type (AC, DC, and AC/DC), By End User, By Mounting Type (PCB Mount, Panel Mount, DIN Rail Mount, and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 171 Pages
  • March 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949711
The Europe Solid State Relay Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,453.1 thousand units, showcasing a growth of 6.6% (2019-2022).

SSRs play a crucial role in automotive electronics, facilitating the precise control and switching of electrical loads in vehicles. These relays are employed in a multitude of systems, including lighting controls, motor drives, power distribution, heating, ventilation, and air conditioning (HVAC) systems, as well as battery management systems (BMS). Therefore, the Germany market utilized 317.67 thousand units of solid-state relays in automotive industry in 2022.



The Germany market dominated the Europe Solid State Relay Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $112.3 million by 2030. The UK market is exhibiting a CAGR of 5.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.1% during (2023 - 2030).

The solid-state relay market has emerged as a crucial component in modern electrical and electronic systems, revolutionizing how power is controlled and managed across various industries. Solid state relays (SSRs) have many benefits in performance, efficiency, and dependability over conventional electromechanical relays since they switch electrical loads using semiconductor devices. The adoption of solid-state relays has witnessed steady growth across industries, driven by the need for efficient, reliable, and compact power control solutions. Due to their superior performance characteristics, manufacturers, engineers, and system integrators increasingly use SSRs to replace traditional electromechanical relays in critical applications.

SSRs have become indispensable components in control panels, PLCs (programmable logic controllers), robotics systems, and manufacturing processes in industrial automation. Their ability to provide precise and rapid switching of electrical loads ensures efficient operation, reduces downtime, and enhances productivity in manufacturing plants and assembly lines. Moreover, SSRs are widely used in automotive applications for lighting control, motor control, HVAC systems, and vehicle power distribution. Their compact size, reliability, and durability make them ideal for automotive environments where space constraints and stringent performance requirements are prevalent.

The expansion of EV sales in Europe has led to increased deployment of advanced BMS technologies, driving demand for SSRs in battery cell monitoring, cell balancing, and overcurrent protection applications. SSRs help ensure EV batteries’ safe and efficient operation, extending their lifespan and enhancing vehicle reliability. Hence, the increasing sale of electric vehicles in the region propels the market’s growth.

Based on Type, the market is segmented into AC, DC, and AC/DC. Based on End User, the market is segmented into Energy & Power, Industrial Automation, Automotive, Food & Beverages, and Others. Based on Mounting Type, the market is segmented into PCB Mount, Panel Mount, DIN Rail Mount, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Vishay Intertechnology, Inc.
  • Panasonic Holdings Corporation
  • Omron Corporation
  • Infineon Technologies AG
  • TE Connectivity Ltd.
  • Fujitsu Limited
  • Sharp Corporation
  • Sensata Technologies Holdings PLC
  • Littelfuse, Inc.
  • Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)

Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • AC
  • DC
  • AC/DC
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
  • Energy & Power
  • Industrial Automation
  • Automotive
  • Food & Beverages
  • Others
By Mounting Type (Volume, Thousand Units, USD Billion, 2019-2030)
  • PCB Mount
  • Panel Mount
  • DIN Rail Mount
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Solid State Relay Market, by Type
1.4.2 Europe Solid State Relay Market, by End User
1.4.3 Europe Solid State Relay Market, by Mounting Type
1.4.4 Europe Solid State Relay Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Solid State Relay Market
Chapter 5. Europe Solid State Relay Market by Type
5.1 Europe AC Market by Country
5.2 Europe DC Market by Country
5.3 Europe AC/DC Market by Country
Chapter 6. Europe Solid State Relay Market by End User
6.1 Europe Energy & Power Market by Country
6.2 Europe Industrial Automation Market by Country
6.3 Europe Automotive Market by Country
6.4 Europe Food & Beverages Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Solid State Relay Market by Mounting Type
7.1 Europe PCB Mount Market by Country
7.2 Europe Panel Mount Market by Country
7.3 Europe DIN Rail Mount Market by Country
7.4 Europe Others Market by Country
Chapter 8. Europe Solid State Relay Market by Country
8.1 Germany Solid State Relay Market
8.1.1 Germany Solid State Relay Market by Type
8.1.2 Germany Solid State Relay Market by End User
8.1.3 Germany Solid State Relay Market by Mounting Type
8.2 UK Solid State Relay Market
8.2.1 UK Solid State Relay Market by Type
8.2.2 UK Solid State Relay Market by End User
8.2.3 UK Solid State Relay Market by Mounting Type
8.3 France Solid State Relay Market
8.3.1 France Solid State Relay Market by Type
8.3.2 France Solid State Relay Market by End User
8.3.3 France Solid State Relay Market by Mounting Type
8.4 Russia Solid State Relay Market
8.4.1 Russia Solid State Relay Market by Type
8.4.2 Russia Solid State Relay Market by End User
8.4.3 Russia Solid State Relay Market by Mounting Type
8.5 Spain Solid State Relay Market
8.5.1 Spain Solid State Relay Market by Type
8.5.2 Spain Solid State Relay Market by End User
8.5.3 Spain Solid State Relay Market by Mounting Type
8.6 Italy Solid State Relay Market
8.6.1 Italy Solid State Relay Market by Type
8.6.2 Italy Solid State Relay Market by End User
8.6.3 Italy Solid State Relay Market by Mounting Type
8.7 Rest of Europe Solid State Relay Market
8.7.1 Rest of Europe Solid State Relay Market by Type
8.7.2 Rest of Europe Solid State Relay Market by End User
8.7.3 Rest of Europe Solid State Relay Market by Mounting Type
Chapter 9. Company Profiles
9.1 Vishay Intertechnology, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 Panasonic Holdings Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Omron Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Infineon Technologies AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 TE Connectivity Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Fujitsu Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Sharp Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental & Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Sensata Technologies Holdings PLC
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Littelfuse, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis

Companies Mentioned

  • Vishay Intertechnology, Inc.
  • Panasonic Holdings Corporation
  • Omron Corporation
  • Infineon Technologies AG
  • TE Connectivity Ltd.
  • Fujitsu Limited
  • Sharp Corporation
  • Sensata Technologies Holdings PLC
  • Littelfuse, Inc.
  • Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)

Methodology

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