Solid-state Relay Market Analysis

  • Report ID: 5200
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

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
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5200
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of solid-state relay is estimated at USD 1.49 billion.

The solid-state relay market size was valued at USD 1.37 billion in 2024 and is likely to cross USD 2.68 billion by 2037, expanding at more than 5.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by 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.

Asia Pacific industry is predicted to dominate majority revenue share of 35% by 2037, attributed to growing rail projects in the region.

The major players in the market are Texas Instruments Incorporated, Schneider Electric, Carlo Gavazzi Holding AG, OPTO 22, TE Connectivity, Sensata Technologies, Celduc Relais, Siemens, ABB, Rockwell Automation
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