Solid-state Relay Market Analysis

Output (AC Solid State Relay, DC Solid State Relay, AC/DC Output Relay, Current Rating)

The DC solid-state relay market is expected to capture a share of approximately 40% over the projected period. These solid state relays are applied to thyristors and transistors to lessen electrical noise and the back-EMF that is linked to inductive loads. They are typically utilized in instrumentation, telecommunications, data communications, manufacturing, medical, electronic, and industrial appliances, automation, lighting, fire & and security systems, and other devices.

Industry (Energy & Infrastructure, Industrial OEM, Building Equipment, Food & Beverages, Healthcare, Automotive & Transportation, Industrial Automation)

Solid-state relay market frim the healthcare segment is projected to hold the highest share of 30% over the coming years. The elements of medical equipment should function well (high precision, durability, and more) since the equipment in this field has a rigorous operating frequency and accurate operation criteria. Most medical equipment requirements may be satisfied using solid-state relays.

Our in-depth analysis of the global market includes the following segments:

Mounting Type

Panel Mount
PCB Mount
DIN Rail Mount

Output

AC Solid State Relay
DC Solid State Relay
AC/DC Output Relay
Current Rating

Industry

Energy & Infrastructure
Industrial OEM
Building Equipment
Food & Beverages
Healthcare
Automotive & Transportation
Industrial Automation

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of solid-state relay is assessed at USD 1.37 Billion.

Solid-state Relay Market size was valued at USD 1.3 Billion in 2023 and is likely to reach USD 2.51 Billion by the end of 2036, registering around 5.2% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are growing utilization of solid-state relay in remote control system, rising need to control cooling/heating system, and surge in adoption of integrated thermal protection system.

The North American industry is expected to have significant growth through 2036, owing to a rise in the number of people travelling by plane in the region.

Texas Instruments Incorporated, Schneider Electric, Carlo Gavazzi Holding AG, OPTO 22, TE Connectivity, Sensata Technologies, Celduc Relais, Siemens, ABB, Rockwell Automation

Solid-state Relay Market Analysis