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)

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 market size of solid-state relay is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Texas Instruments Incorporated, Schneider Electric, Carlo Gavazzi Holding AG, OPTO 22, and others.

The DC solid state relay segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Solid-state Relay Market Analysis