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Solid State Relay Market Report 2026

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    Report

  • 250 Pages
  • January 2026
  • Region: Global
  • The Business Research Company
  • ID: 5783061
The solid state relay market size has grown strongly in recent years. It will grow from $1.56 billion in 2025 to $1.67 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growing industrial automation, rising adoption of electronic switching devices, increasing demand from energy and infrastructure sectors, improvements in semiconductor materials, development of compact and reliable relays.

The solid state relay market size is expected to see strong growth in the next few years. It will grow to $2.17 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to expansion in electric mobility, increasing demand in industrial oem applications, integration with smart and connected devices, advancements in high-power ssr technologies, growing adoption in building equipment and food & beverages sectors. Major trends in the forecast period include miniaturization and compact design, high-speed switching and reliability, energy-efficient power management, enhanced electrical isolation technologies, integration with smart systems.

The growing demand for electric vehicles (EVs) is anticipated to boost the solid-state relay market in the coming years. Electric vehicles are powered by motors that use electricity stored in batteries, operating on electric motors while charging from electric sources rather than relying on fossil fuels like gasoline or diesel. Solid-state relays provide longer operational lifespans compared to mechanical relays and offer superior battery isolation capabilities in EVs. This adoption contributes to a surge in demand for EVs and hybrid vehicles, reflecting a shift from petroleum-based products to more sustainable energy solutions. For example, in April 2024, the International Energy Agency, a France-based intergovernmental autonomous organization, reported that nearly 14 million electric cars were sold worldwide in 2023, accounting for 18% of total car sales, an increase from 14% in 2022. Thus, the rising demand for electric vehicles is driving the solid-state relay market.

Leading companies operating in the solid-state relay (SSR) market are focusing on developing innovative solutions, such as high-endurance, high-temperature-resistant, and compact, energy-efficient designs, to meet growing industrial automation and power control needs. High-endurance refers to a device’s ability to withstand prolonged or repeated use without failure. For example, in August 2024, Littelfuse Inc., a U.S.-based industrial technology manufacturer, introduced its SRP1 Solid-State Relay family, a high-endurance SSR series capable of enduring more than 750,000 life-stress cycles under demanding conditions. The SRP1 series includes ratings from 10 A to 90 A for both AC and DC control, with options for zero-voltage (zero-cross) or random turn-on, IP20 finger-safe protection, and integrated overvoltage protection. These SSRs are well-suited for industrial automation applications (such as packaging machinery and ovens), HVAC systems (including electric heating in air-handling units), and food-and-beverage equipment (such as coffee machines and fryers), providing improved reliability, reduced downtime, and easier installation.

In November 2023, Hongfa Group, a China-based relay manufacturing company, acquired the global relay business of HELLA for an undisclosed sum. Through this acquisition, Hongfa Group aims to strengthen its global presence in relay production and incorporate HELLA’s expertise to align with emerging trends in electric mobility and autonomous driving. HELLA, a Germany-based manufacturing company, provides solid-state relays in which the control signal connects to the input terminals and the load to the output terminals, ensuring voltage and current specifications are properly matched. Safe installation practices and adherence to manufacturer guidelines are essential when working with such components.

Major companies operating in the solid state relay market are Crydom Inc., Carlo Gavazzi Holding AG, Omron Corporation, Celduc Relais, Crouzet Automatismes, Teledyne Relays, Panasonic Corporation, HONGFA Technology Co. Ltd., ABB Ltd., Schneider Electric SE, Fotek Controls Co. Ltd., Autonics Corporation, Siemens AG, Littelfuse Inc., Fairford Electronics Ltd., Greegoo Electric Co. Ltd., American Zettler (Zettler Group), INDEL, Shenzhen Aton Technology Co. Ltd., Shenzhen Sanyo Electronic Co. Ltd., Shenzhen Tianwei Equipment Co. Ltd., Phoenix Contact GmbH & Co. KG, WAGO Kontakttechnik GmbH, Delta Electronics Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the solid state relay market by affecting the import and export costs of semiconductors and electronic components, leading to increased production costs and supply chain adjustments. Asia-Pacific regions, particularly China and Taiwan, which dominate manufacturing, are most affected. The panel and PCB mounting type segments experience the highest impact due to component dependency. However, tariffs have encouraged local manufacturing, innovation in cost-efficient SSR designs, and diversification of sourcing strategies, offering potential positive outcomes for market resilience.

The solid-state relay market research report is one of a series of new reports that provides solid state relay market statistics, including solid state relay industry global market size, regional shares, competitors with a solid state relay market share, detailed solid state relay market segments, market trends and opportunities, and any further data you may need to thrive in the solid state relay industry. This solid state relay market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Solid-state relays are semiconductor devices akin to electromechanical relays that can control electrical loads without incorporating moving parts. These relays operate without any moving components, using the electrical and optical properties of solid-state semiconductors to achieve input-to-output isolation and switching functions.

These relays are typically available in various mounting types, including panel, PCB (Printed Circuit Board), DIN rail, and other plug-in configurations. Panel-mounted static relays are designed to accommodate wiring using bare cables, crimped cable ends, fork lugs, or ring lugs. They are rated for controlled DC circuit operation and support load voltages ranging from 24 to 300 V AC output. SSRs come in different output configurations such as AC SSR, DC SSR, and AC/DC Output SSR, and they vary in power ratings categorized as low (0-20A), medium (20A-50A), and high (>50A). These devices find applications across various sectors including energy and infrastructure, industrial Original Equipment Manufacturers (OEMs), building equipment, food and beverage industries, automotive and transportation sectors, as well as industrial automation.Asia-Pacific was the largest region in the solid state relay market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the solid state relay market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the solid state relay market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solid-state relay market consists of sales of mechanical contacts, transistors, digital circuit gates, LEDs, semiconductors, SCR, TRIACs, transistors, thyristors, and diodes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Solid State Relay Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Solid State Relay Market Attractiveness Scoring and Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation (Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation)
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Solid State Relay Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List of Key Raw Materials, Resources & Suppliers
3.3. List of Major Distributors and Channel Partners
3.4. List of Major End Users
4. Global Solid State Relay Market Trends and Strategies
4.1. Key Technologies & Future Trends
4.1.1 Artificial Intelligence & Autonomous Intelligence
4.1.2 Sustainability, Climate Tech & Circular Economy
4.1.3 Autonomous Systems, Robotics & Smart Mobility
4.1.4 Industry 4.0 & Intelligent Manufacturing
4.1.5 Internet of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.2. Major Trends
4.2.1 Miniaturization and Compact Design
4.2.2 High-Speed Switching and Reliability
4.2.3 Energy-Efficient Power Management
4.2.4 Enhanced Electrical Isolation Technologies
4.2.5 Integration With Smart Systems
5. Solid State Relay Market Analysis of End Use Industries
5.1 Energy and Infrastructure
5.2 Industrial Oem
5.3 Building Equipment
5.4 Food and Beverages
5.5 Automotive and Transportation
6. Solid State Relay Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market
7. Global Solid State Relay Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
7.1. Global Solid State Relay PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Solid State Relay Market Size, Comparisons and Growth Rate Analysis
7.3. Global Solid State Relay Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Solid State Relay Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Solid State Relay Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Solid State Relay Market Segmentation
9.1. Global Solid State Relay Market, Segmentation by Mounting Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Panel, PCB, DIN Rail, Other Mounting Types (Plug-in)
9.2. Global Solid State Relay Market, Segmentation by Output, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • AC SSR, DC SSR, AC or DC Output SSR
9.3. Global Solid State Relay Market, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Low(0-20A), Medium(20A-50A), High(>50A)
9.4. Global Solid State Relay Market, Segmentation by Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Energy and Infrastructure, Industrial OEM, Building Equipment, Food and Beverages, Automotive and Transportation, Industrial Automation
9.5. Global Solid State Relay Market, Sub-Segmentation of Panel, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Flush Mount, Surface Mount
9.6. Global Solid State Relay Market, Sub-Segmentation of PCB, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Through-Hole PCB Mount, Surface-Mount PCB Relay
9.7. Global Solid State Relay Market, Sub-Segmentation of DIN Rail, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Standard DIN Rail Mount, Modular DIN Rail Mount
9.8. Global Solid State Relay Market, Sub-Segmentation of Other Mounting Types (Plug-in), by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Plug-in Modules, Socket Mounts
10. Solid State Relay Market Regional and Country Analysis
10.1. Global Solid State Relay Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Solid State Relay Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Solid State Relay Market
11.1. Asia-Pacific Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Solid State Relay Market
12.1. China Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Solid State Relay Market
13.1. India Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Solid State Relay Market
14.1. Japan Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Solid State Relay Market
15.1. Australia Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Solid State Relay Market
16.1. Indonesia Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Solid State Relay Market
17.1. South Korea Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Solid State Relay Market
18.1. Taiwan Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Solid State Relay Market
19.1. South East Asia Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Solid State Relay Market
20.1. Western Europe Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Solid State Relay Market
21.1. UK Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Solid State Relay Market
22.1. Germany Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Solid State Relay Market
23.1. France Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Solid State Relay Market
24.1. Italy Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Solid State Relay Market
25.1. Spain Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Solid State Relay Market
26.1. Eastern Europe Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Solid State Relay Market
27.1. Russia Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Solid State Relay Market
28.1. North America Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Solid State Relay Market
29.1. USA Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Solid State Relay Market
30.1. Canada Solid State Relay Market Overview
  • Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Solid State Relay Market
31.1. South America Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Solid State Relay Market
32.1. Brazil Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Solid State Relay Market
33.1. Middle East Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Solid State Relay Market
34.1. Africa Solid State Relay Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Solid State Relay Market, Segmentation by Mounting Type, Segmentation by Output, Segmentation by Power Rating, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Solid State Relay Market Regulatory and Investment Landscape
36. Solid State Relay Market Competitive Landscape and Company Profiles
36.1. Solid State Relay Market Competitive Landscape and Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Solid State Relay Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Solid State Relay Market Company Profiles
36.3.1. Crydom Inc. Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Carlo Gavazzi Holding AG Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Omron Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Celduc Relais Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Crouzet Automatismes Overview, Products and Services, Strategy and Financial Analysis
37. Solid State Relay Market Other Major and Innovative Companies
  • Teledyne Relays, Panasonic Corporation, HONGFA Technology Co. Ltd., ABB Ltd., Schneider Electric SE, Fotek Controls Co. Ltd., Autonics Corporation, Siemens AG, Littelfuse Inc., Fairford Electronics Ltd., Greegoo Electric Co. Ltd., American Zettler (Zettler Group), INDEL, Shenzhen Aton Technology Co. Ltd., Shenzhen Sanyo Electronic Co. Ltd.
38. Global Solid State Relay Market Competitive Benchmarking and Dashboard39. Key Mergers and Acquisitions in the Solid State Relay Market
40. Solid State Relay Market High Potential Countries, Segments and Strategies
40.1 Solid State Relay Market in 2030 - Countries Offering Most New Opportunities
40.2 Solid State Relay Market in 2030 - Segments Offering Most New Opportunities
40.3 Solid State Relay Market in 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic and Forecast Inflation Rates
41.4. Research Inquiries
41.5. About the Analyst
41.6. Copyright and Disclaimer

Executive Summary

Solid State Relay Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses solid state relay market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for solid state relay? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The solid state relay market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

Markets Covered:

1) By Mounting Type: Panel; PCB; DIN Rail; Other Mounting Types (Plug-in)
2) By Output: AC SSR; DC SSR; AC Or DC Output SSR
3) By Power Rating: Low(0-20A); Medium(20A-50A); High(>50A)
4) By Industry: Energy And Infrastructure; Industrial OEM; Building Equipment; Food And Beverages; Automotive And Transportation; Industrial Automation

Subsegments:

1) By Panel: Flush Mount; Surface Mount
2) By PCB: Through-Hole PCB Mount; Surface-Mount PCB Relay
3) By DIN Rail: Standard DIN Rail Mount; Modular DIN Rail Mount
4) By Other Mounting Types (Plug-In): Plug-In Modules; Socket Mounts

Companies Mentioned: Crydom Inc.; Carlo Gavazzi Holding AG; Omron Corporation; Celduc Relais; Crouzet Automatismes; Teledyne Relays; Panasonic Corporation; HONGFA Technology Co. Ltd.; ABB Ltd.; Schneider Electric SE; Fotek Controls Co. Ltd.; Autonics Corporation; Siemens AG; Littelfuse Inc.; Fairford Electronics Ltd.; Greegoo Electric Co. Ltd.; American Zettler (Zettler Group); INDEL; Shenzhen Aton Technology Co. Ltd.; Shenzhen Sanyo Electronic Co. Ltd.; Shenzhen Tianwei Equipment Co. Ltd.; Phoenix Contact GmbH & Co. KG; WAGO Kontakttechnik GmbH; Delta Electronics Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: Word, PDF or Interactive Report + Excel Dashboard

Added Benefits:

  • Bi-Annual Data Update
  • Customisation
  • Expert Consultant Support
Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.

Companies Mentioned

The companies featured in this Solid State Relay market report include:
  • Crydom Inc.
  • Carlo Gavazzi Holding AG
  • Omron Corporation
  • Celduc Relais
  • Crouzet Automatismes
  • Teledyne Relays
  • Panasonic Corporation
  • HONGFA Technology Co. Ltd.
  • ABB Ltd.
  • Schneider Electric SE
  • Fotek Controls Co. Ltd.
  • Autonics Corporation
  • Siemens AG
  • Littelfuse Inc.
  • Fairford Electronics Ltd.
  • Greegoo Electric Co. Ltd.
  • American Zettler (Zettler Group)
  • INDEL
  • Shenzhen Aton Technology Co. Ltd.
  • Shenzhen Sanyo Electronic Co. Ltd.
  • Shenzhen Tianwei Equipment Co. Ltd.
  • Phoenix Contact GmbH & Co. KG
  • WAGO Kontakttechnik GmbH
  • Delta Electronics Inc.

Table Information