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Global Solid State Relays Market Set to Surge to USD 2.3 Bn by 2031 Driven by Industrial Automation and EV Adoption

Solid State Relays Market

Solid State Relays Market

A comprehensive new market report projects that the global solid state relays (SSRs) market, valued at USD 1.3 billion in 2022, will expand at a robust compound annual growth rate (CAGR) of 6.3% from 2023 to 2031, reaching an estimated USD 2.3 billion by the end of 2031. This significant growth is underpinned by accelerating industrial automation initiatives, rapid adoption of electric vehicles (EVs), and rising demand for energy‐efficient, reliable switching devices across diverse end-use industries.

Examine key highlights and takeaways from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=45405

Market Overview

Solid state relays, offering electrical isolation via semiconductor optical properties rather than electro-mechanical contacts, have revolutionized switching functions in AC loads, motor speed control, light dimming, and isolation applications. Unlike traditional relays with coils and moving parts, SSRs provide near-instantaneous switching, extended operational life, minimal electromagnetic interference (EMI), and enhanced resistance to shock and vibration making them essential in industrial automation, robotics, process control, and consumer appliances.

Market Drivers & Trends

Industrial Automation 4.0: The global push for smart manufacturing and Industry 4.0 has fueled SSR adoption in conveyor systems, material handling, and assembly lines. SSRs' zero-wear operation and high switching speeds improve uptime and safety, elevating them above electromechanical counterparts.

Electric Vehicle Proliferation: With EV sales jumping from 120,000 units in 2012 to 6.6 million in 2021-and comprising nearly 10% of global vehicle sales solid state relays have become critical for high-voltage power isolation in 400 V and emerging 800 V battery systems. SSRs' compactness and reliability enhance EV powertrain safety and longevity.

Miniaturization & High Speed: The demand for smaller, faster-switching components in electronics has prompted R&D into compact PCB-mount SSRs, capable of handling milliamps to several amps for applications from smart homes to gaming systems.

Energy Efficiency & Reliability: Heightened focus on reducing carbon footprints and maintaining uninterrupted operation in critical sectors like utilities, food & beverage, and healthcare has elevated SSR preference for energy-efficient switching without mechanical degradation.

Latest Market Trends

PCB Mount Preference: PCB-mount SSRs now account for a significant share, driven by their small footprint, low power draw, and versatility across AC/DC switching. Applications span HVAC systems, medical devices, vending machines, and e-mobility chargers.
DC Output Dominance: DC SSRs held a 37% share in 2022, favored for fast switching, absence of arcing, and simple design ideal for telecom 5G infrastructure, automotive circuits, and industrial heater controls.
Smart SSRs: Integration of diagnostics, communication protocols (e.g., IO-Link, Modbus), and IoT-enabled status monitoring is transforming SSRs into intelligent networked components.

Key Players and Industry Leaders

The global SSR market remains highly fragmented, characterized by intense competition among established semiconductor and automation firms. Leading companies include:

Anacon Electronic Sales, Inc.
Broadcom
CARLO GAVAZZI
Celduc Inc.
Gefran SPA
Littelfuse, Inc.
NOVUS Automation Inc.
OMRON Corporation
Rockwell Automation
Schneider Electric
Sensata Technologies, Inc.
Solid State PLC
Texas Instruments Incorporated
Vishay Intertechnology, Inc.
These players are enhancing their portfolios through new product launches, strategic partnerships, mergers & acquisitions, and intensive R&D to capture emerging opportunities.

Recent Developments

Gefran's GRP-H Series (Dec 2021) introduced single-phase SSRs with IO-Link communication, upgrading its GRS-H lineup for smarter factory integration.
Littelfuse's PLA172P OptoMOS Relay (June 2020) achieved 800 V operation at 105 °C ambient, marking the company's entry into high-voltage SSR solutions.
Schneider Electric rolled out a miniaturized PCB-mount SSR series in early 2024, catering to home automation and compact industrial controllers.
Omron expanded its E3ZX-U series in Q1 2025, featuring improved transient immunity and diagnostic feedback for mission-critical process controls.

Market Opportunities

Region-Specific Growth: Asia Pacific, with a 36% market share in 2022, offers immense potential due to rapid industrialization, expanding electronics manufacturing, and government incentives for automation.
Emerging End-Use Industries: Growth in the oil & gas, metal & mining, and chemical sectors is creating demand for rugged SSRs capable of withstanding harsh environments.
Retrofitting & Upgrades: Aging industrial plants are replacing electromechanical relays with SSRs to improve energy efficiency, reduce maintenance, and enhance process control accuracy.

Future Outlook

Analysts foresee sustained SSR market growth through 2031, propelled by continual advancements in semiconductor materials (e.g., silicon carbide, gallium nitride) enabling higher voltage handling and lower on-resistance. The transition to Electric Grid 2.0 and decentralized renewable energy systems will further drive SSR applications in solar inverters, energy storage, and smart grid automation.

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Market Segmentation

By Mounting Type: Panel Mount | PCB Mount | Din Rail Mount | Plug-in

By Output Voltage: AC | DC | AC/DC

By Current Rating: Up to 20 A | 21-50 A | 51-100 A | Above 100 A

By End-Use Industry:
Industrial Automation
Food & Beverage
Automotive & Transportation
Energy & Utility
Healthcare
Chemical
IT & Telecommunication
Building & Construction
Others (Oil & Gas, Metal & Mining)

Regional Insights

Asia Pacific (36% share): Bolstered by China, India, Japan, and Southeast Asia's manufacturing boom and IoT deployments.
North America & Europe: Strong EV adoption and stringent emissions regulations under the Paris Agreement are stimulating SSR demand in automotive and energy sectors.
Middle East & Africa: Infrastructure modernization and oil & gas automation projects present niche growth avenues.
South America: Renewable energy initiatives, particularly in Brazil and Argentina, are driving uptake of SSRs in solar and wind installations.

Why Buy This Report?

Comprehensive Analysis: In-depth global and regional market assessments, cross-segment insights, and Porter's Five Forces analysis.
Competitive Landscape: Detailed company profiles, market share data, strategic imperatives, and recent developments.
Future Projections: Quantitative forecasts through 2031, supported by historical data (2017-2021).
Actionable Intelligence: Identification of growth drivers, restraints, opportunities, and risk factors to guide strategic decisions.
Format: Electronic PDF plus Excel database for customizable analysis.

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Transparency Market Research Inc.
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Tel: +1-518-618-1030
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