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LAMEA 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

  • 170 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949561
The Latin America, Middle East and Africa Solid State Relay Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2479.3 thousand units, showcasing a growth of 11.3% (2023-2030).

AC SSRs offer numerous advantages over traditional electromechanical relays, including faster switching speeds, reduced electromagnetic interference, and enhanced reliability due to the absence of moving parts. These relays employ semiconductor devices such as thyristors or triacs to control the flow of alternating current (AC) to the load, providing efficient and precise switching without mechanical wear or arcing. Therefore, the Brazil market will utilize 632.14 thousand units of AC solid state relays by 2030.



The Brazil market dominated the LAMEA Solid State Relay Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $42.2 million by 2030. The Argentina market is showcasing a CAGR of 10% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.1% during (2023 - 2030).

Aerospace and defense industries rely heavily on SSRs for critical applications such as avionics, flight control systems, radar, and communication equipment. The robust construction, resistance to shock and vibration, and high reliability of SSRs make them well-suited for aerospace environments where reliability and performance are paramount. The increasing growth of the aerospace sector will create a higher demand for the SSRs.

Additionally, SSRs play a crucial role in telecommunications infrastructure, providing switching and control functions in telecommunications networks, data centers, and server rooms. Their fast-switching speeds, low power consumption, and high reliability contribute to the efficient operation of communication systems and network equipment.

The UAE’s energy sector has been experiencing rapid expansion, driven by the increasing demand for electricity to support economic growth, urbanization, and industrial development. According to the U.S. Energy Information Administration, total electricity capacity in the UAE grew by almost 10 gigawatts (GW) from 2012 to 2021. Thus, the increasing energy capacity and growing automotive industry in the region is propelling the growth of the market.

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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 LAMEA Solid State Relay Market, by Type
1.4.2 LAMEA Solid State Relay Market, by End User
1.4.3 LAMEA Solid State Relay Market, by Mounting Type
1.4.4 LAMEA 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. LAMEA Solid State Relay Market by Type
5.1 LAMEA AC Market by Country
5.2 LAMEA DC Market by Country
5.3 LAMEA AC/DC Market by Country
Chapter 6. LAMEA Solid State Relay Market by End User
6.1 LAMEA Energy & Power Market by Country
6.2 LAMEA Industrial Automation Market by Country
6.3 LAMEA Automotive Market by Country
6.4 LAMEA Food & Beverages Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Solid State Relay Market by Mounting Type
7.1 LAMEA PCB Mount Market by Country
7.2 LAMEA Panel Mount Market by Country
7.3 LAMEA DIN Rail Mount Market by Country
7.4 LAMEA Others Market by Country
Chapter 8. LAMEA Solid State Relay Market by Country
8.1 Brazil Solid State Relay Market
8.1.1 Brazil Solid State Relay Market by Type
8.1.2 Brazil Solid State Relay Market by End User
8.1.3 Brazil Solid State Relay Market by Mounting Type
8.2 Argentina Solid State Relay Market
8.2.1 Argentina Solid State Relay Market by Type
8.2.2 Argentina Solid State Relay Market by End User
8.2.3 Argentina Solid State Relay Market by Mounting Type
8.3 UAE Solid State Relay Market
8.3.1 UAE Solid State Relay Market by Type
8.3.2 UAE Solid State Relay Market by End User
8.3.3 UAE Solid State Relay Market by Mounting Type
8.4 Saudi Arabia Solid State Relay Market
8.4.1 Saudi Arabia Solid State Relay Market by Type
8.4.2 Saudi Arabia Solid State Relay Market by End User
8.4.3 Saudi Arabia Solid State Relay Market by Mounting Type
8.5 South Africa Solid State Relay Market
8.5.1 South Africa Solid State Relay Market by Type
8.5.2 South Africa Solid State Relay Market by End User
8.5.3 South Africa Solid State Relay Market by Mounting Type
8.6 Nigeria Solid State Relay Market
8.6.1 Nigeria Solid State Relay Market by Type
8.6.2 Nigeria Solid State Relay Market by End User
8.6.3 Nigeria Solid State Relay Market by Mounting Type
8.7 Rest of LAMEA Solid State Relay Market
8.7.1 Rest of LAMEA Solid State Relay Market by Type
8.7.2 Rest of LAMEA Solid State Relay Market by End User
8.7.3 Rest of LAMEA 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
9.1. 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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