Press release
Solid State Relay Global Market Report 2025: Robust Growth Expected with Key Market Size Reach of $2.1 billion by 2029
Solid State Relay Market Size
What Is The Projected Market Size Of The Solid State Relay Global Market Report 2025 And Its Growth Rate?
• The solid state relay market is witnessing strong growth, with its market size expected to expand from $1.47 billion in 2024 to $1.59 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.2%.
• This uptrend in growth can be attributed to rising demand for energy-efficient solutions, accelerating automation and industrialization, enhanced reliability and longevity, temperature and vibration resistance, and growth in the automotive and transportation sector.
• The momentum is set to continue in the coming years, with the market size expected to rise to $2.1 billion in 2029 at a CAGR of 7.2%.
• This forecasted growth from 2025 to 2029 is driven by factors including renewable energy integration, electrification of vehicles, growing medical equipment applications, telecommunications infrastructure, data center applications, and the implementation of smarter grids.
What Is Driving The Growth In The Solid State Relay Global Market Report 2025?
The remarkable rise in the demand for electric vehicles (EVs) is anticipated to fuel the solid-state relay market in the near future. Electric vehicles, powered by electricity stored in batteries, are adopting solid-state relays for their prolonged operating lives, higher battery isolation capability compared to mechanical relays, leading to an increased demand for EVs and hybrid vehicles. This shift from petroleum products to more sustainable power vehicles is a key driver for the solid-state relay market. As an example, according to the International Energy Agency, nearly 14 million electric cars were sold worldwide in 2023, accounting for 18% of total car sales, up from 14% in 2022. Consequently, the solid-state relay market is poised to benefit significantly from this boom in EVs.
Request A Free Sample Copy [here](https://www.thebusinessresearchcompany.com/sample.aspx?id=8074&type=smp
Who Are the Key Players Driving Solid State Relay Global Market Report 2025 Growth?
Major companies operating in the solid state relay market include:
• Crydom Inc.
• Omron Corporation
• Carlo Gavazzi Holding AG
• Vishay Intertechnology Inc.
• Rockwell Automation Inc.
• ABB Ltd.
• Sensata Technologies Holding CO U.S. B.V.
• Teledyne Relays Inc.
• Eaton Corporation
• TE Connectivity
• Celduc Relais
• Infineon Technologies
• IXYS Corporation
• Panasonic Corporation
• Crouzet Automatismes SAS
• Advanced Energy Industries Inc.
• HONGFA Technology Co. Ltd.
• Axicom Technology Co. Ltd.
• Bourns Inc.
What Are The Key Trends In The Solid State Relay Global Market Report 2025?
Key trends shaping the market include:
• Advancements in semiconductor technology
• The emergence of digital SSRs and intelligent control
• High reliability and longer lifecycle of products
• The integration of fault detection and diagnostics
What Are The Segments Of The Global Solid State Relay Global Market Report 2025?
The solid state relay market is divided into several segments:
• Mounting Type: Panel, PCB, DIN Rail, and Other Mounting Types (Plug-in)
• Output: AC SSR, DC SSR, AC Or DC Output SSR
• Power Rating: Low(0-20A), Medium(20A-50A), High(>50A)
• Industry: Energy And Infrastructure, Industrial OEM, Building Equipment, Food And Beverages, Automotive And Transportation, Industrial Automation
Which Region Leads The Solid State Relay Global Market Report 2025?
Asia-Pacific was the largest region in the solid state relay market in 2024. The solid state relay market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America is projected to be the fastest-growing region in the forecast period.
Pre-book the Report for Swift Delivery [here](https://www.thebusinessresearchcompany.com/report/solid-state-relay-global-market-report
What Is Covered In The Solid State Relay Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Solid State Relay Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Solid State Relay Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Solid State Relay Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Solid State Relay Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=8074&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solid State Relay Global Market Report 2025: Robust Growth Expected with Key Market Size Reach of $2.1 billion by 2029 here
News-ID: 3824642 • Views: …
More Releases from The Business Research Company
Handguns Market Overview, Emerging Developments, and Key Player Analysis
An Overview of the Expanding Handguns Market
The global handguns market is set to experience significant growth in the coming years, driven by innovations and increasing demand across various user groups. This report offers insights into the market size, key drivers, prominent players, emerging trends, and segmentation, providing a comprehensive understanding of the industry's current landscape and future prospects.
Download a free sample of the handguns market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp
Projected Growth and Market Size…
Leading Companies Fueling Growth and Innovation in the Ground Handling Systems M …
The ground handling systems market is on track for notable expansion as the aviation sector increasingly embraces advanced technologies and sustainability initiatives. This growth reflects broader trends in airport infrastructure development, cargo logistics, and digital innovation, which are reshaping how ground operations are managed globally. Let's explore the market's growth expectations, leading players, emerging trends, and detailed segmentation.
Projected Market Growth and Size of the Ground Handling Systems Market
The ground…
Future Prospects: Key Trends Shaping the GEO Satellite Market Until 2030
The global GEO satellite market is positioned for meaningful growth over the coming years, driven by advancements in technology and increasing demand across various sectors. Understanding the market's size, key players, technological trends, and segmentation provides valuable insight into the evolving landscape and future opportunities of this industry.
Projected Market Growth and Size of the GEO Satellite Market by 2030
The GEO satellite market is anticipated to experience steady expansion, reaching…
Emerging Sub-Segments Transforming the Flying Taxis Market Landscape
The concept of flying taxis has moved from science fiction toward becoming a practical mode of transportation. With rapid technological advancements and increasing investments, this market is positioned for impressive growth as it aims to redefine urban mobility and reduce ground traffic congestion. Below is an overview of the flying taxis market, its growth drivers, key players, and emerging trends shaping the future of urban air travel.
Anticipated Growth of the…
More Releases for Relay
Relay Market Demand Analysis Report 2026
On Dec 23, the latest report "Global Relay Market 2026 by Manufacturers, Regions, Types and Applications, Forecast to 2032" from Global Info Research provides a detailed and comprehensive analysis of the global Relay market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are…
Global Telecommunication Relay Service Market Size by Application, Type, and Geo …
USA, New Jersey- According to Market Research Intellect, the global Telecommunication Relay Service market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The telecommunication relay service (TRS) market is growing steadily due to the increasing focus on accessibility and inclusive communication technologies. TRS enables individuals with…
Global Medium Voltage Protection Relay Market Size by Application, Type, and Geo …
USA, New Jersey- According to Market Research Intellect, the global Medium Voltage Protection Relay market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The growing need for dependable and effective electrical power distribution systems is driving the market for medium voltage protection relays. These relays are…
Global Relay Market Research Report 2023
The global Relay market was valued at US$ 6763.1 million in 2022 and is anticipated to reach US$ 8688.4 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029.
VIEW FULL REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-25P9083/global-relay
Relay Market
A relay is an electrically operated switch. It consists of a set of input terminals for a single or multiple control signals, and a set of operating contact terminals. The switch may have any number of…
Magnetic Control Relay Market To Witness Astonishing Growth With Magnetic Contro …
QY Research has recently published a new report, titled Magnetic Control Relay Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Magnetic Control Relay market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their…
Global Reed Relay Market Insights, Forecast
This report presents the worldwide Reed Relay market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=60463
Table of Contents:
Table of Contents
1 Study Coverage
…
