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North America Solid State Relay Market Size, Share & Trends Analysis Report By Type (AC, DC, and AC/DC), By End User, By Mounting Type (PCB Mount, Panel Mount, DIN Rail Mount, and Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 29-Mar-2024

Pages: 150

Formats: PDF

The North America Solid State Relay Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 6,574.8 thousand units, showcasing a growth of 6.3% (2019-2022).

DC SSRs are available in various configurations, including single-pole, single-throw (SPST), single-pole, double-throw (SPDT), and multi-channel designs, catering to diverse application requirements. They offer advantages such as fast response times, silent operation, high switching frequencies, and long service life compared to traditional electromechanical relays. Therefore, the U.S. market utilized 2,294 thousand units of DC solid state relay in 2022.

North America Solid State Relay Market

The US market dominated the North America Solid State Relay Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $364.5 million by 2030. The Canada market is experiencing a CAGR of 8.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.5% during (2023 - 2030).

Renewable energy applications represent another significant area of adoption for SSRs. Solar photovoltaic (PV), wind turbines, and energy storage systems depend on SSRs because of the movement towards sustainable energy sources. They enable precise control of power electronics, inverters, and energy storage devices, ensuring optimal energy conversion, grid synchronization, and system stability. The adoption of SSRs in renewable energy applications is expected to grow as governments and industries increasingly invest in renewable energy infrastructure and grid modernization.

Furthermore, SSRs find widespread adoption in consumer electronics, home appliances, medical devices, and smart home automation systems. Their reliability, efficiency, and noiseless operation make them ideal for controlling electrical loads in diverse household and personal devices. As the demand for smart home solutions and IoT (Internet of Things) devices continues to rise, the adoption of SSRs in consumer electronics is expected to increase further.

The expansion of renewable energy in Mexico has also spurred the development of microgrid and islanded systems, which operate independently of the main electrical grid or in conjunction with it. As per the data released in 2023 by the International Trade Administration, Mexico’s goal is 35 percent of electricity from clean energy sources by 2024, which includes power regeneration from renewable and non-renewable sources such as nuclear and efficient cogeneration. Therefore, the expansion of renewable energy and the growing food and beverage industry in the region are propelling the market’s growth.

Free Valuable Insights: The Solid State Relay Market is Predict to reach USD 1.9 Billion by 2030, at a CAGR of 6.7%

Based on Type, the market is segmented into AC, DC, and AC/DC. Based on End User, the market is segmented into Energy & Power, Industrial Automation, Automotive, Food & Beverages, and Others. Based on Mounting Type, the market is segmented into PCB Mount, Panel Mount, DIN Rail Mount, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Vishay Intertechnology, Inc.
  • Panasonic Holdings Corporation
  • Omron Corporation
  • Infineon Technologies AG
  • TE Connectivity Ltd.
  • Fujitsu Limited
  • Sharp Corporation
  • Sensata Technologies Holdings PLC
  • Littelfuse, Inc.
  • Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)

North America Solid State Relay Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • AC
  • DC
  • AC/DC

By End User (Volume, Thousand Units, USD Billion, 2019-2030)

  • Energy & Power
  • Industrial Automation
  • Automotive
  • Food & Beverages
  • Others

By Mounting Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • PCB Mount
  • Panel Mount
  • DIN Rail Mount
  • Others

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Solid State Relay Market, by Type
1.4.2 North America Solid State Relay Market, by End User
1.4.3 North America Solid State Relay Market, by Mounting Type
1.4.4 North America Solid State Relay Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Recent Strategies Deployed in Solid State Relay Market

Chapter 5. North America Solid State Relay Market by Type
5.1 North America AC Market by Country
5.2 North America DC Market by Country
5.3 North America AC/DC Market by Country

Chapter 6. North America Solid State Relay Market by End User
6.1 North America Energy & Power Market by Country
6.2 North America Industrial Automation Market by Country
6.3 North America Automotive Market by Country
6.4 North America Food & Beverages Market by Country
6.5 North America Others Market by Country

Chapter 7. North America Solid State Relay Market by Mounting Type
7.1 North America PCB Mount Market by Country
7.2 North America Panel Mount Market by Country
7.3 North America DIN Rail Mount Market by Country
7.4 North America Others Market by Country

Chapter 8. North America Solid State Relay Market by Country
8.1 US Solid State Relay Market
8.1.1 US Solid State Relay Market by Type
8.1.2 US Solid State Relay Market by End User
8.1.3 US Solid State Relay Market by Mounting Type
8.2 Canada Solid State Relay Market
8.2.1 Canada Solid State Relay Market by Type
8.2.2 Canada Solid State Relay Market by End User
8.2.3 Canada Solid State Relay Market by Mounting Type
8.3 Mexico Solid State Relay Market
8.3.1 Mexico Solid State Relay Market by Type
8.3.2 Mexico Solid State Relay Market by End User
8.3.3 Mexico Solid State Relay Market by Mounting Type
8.4 Rest of North America Solid State Relay Market
8.4.1 Rest of North America Solid State Relay Market by Type
8.4.2 Rest of North America Solid State Relay Market by End User
8.4.3 Rest of North America Solid State Relay Market by Mounting Type

Chapter 9. Company Profiles
9.1 Vishay Intertechnology, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.1.5 SWOT Analysis
9.2 Panasonic Holdings Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Omron Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Infineon Technologies AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 TE Connectivity Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Fujitsu Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Sharp Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental & Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 Sensata Technologies Holdings PLC
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Littelfuse, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America Solid State Relay Market, 2019 - 2022, USD Million
TABLE 2 North America Solid State Relay Market, 2023 - 2030, USD Million
TABLE 3 North America Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 4 North America Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 5 North America Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 6 North America Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 7 North America Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 8 North America Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 9 North America AC Market by Country, 2019 - 2022, USD Million
TABLE 10 North America AC Market by Country, 2023 - 2030, USD Million
TABLE 11 North America AC Market by Country, 2019 - 2022, Thousand Units
TABLE 12 North America AC Market by Country, 2023 - 2030, Thousand Units
TABLE 13 North America DC Market by Country, 2019 - 2022, USD Million
TABLE 14 North America DC Market by Country, 2023 - 2030, USD Million
TABLE 15 North America DC Market by Country, 2019 - 2022, Thousand Units
TABLE 16 North America DC Market by Country, 2023 - 2030, Thousand Units
TABLE 17 North America AC/DC Market by Country, 2019 - 2022, USD Million
TABLE 18 North America AC/DC Market by Country, 2023 - 2030, USD Million
TABLE 19 North America AC/DC Market by Country, 2019 - 2022, Thousand Units
TABLE 20 North America AC/DC Market by Country, 2023 - 2030, Thousand Units
TABLE 21 North America Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 22 North America Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 23 North America Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 24 North America Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 25 North America Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Energy & Power Market by Country, 2019 - 2022, Thousand Units
TABLE 28 North America Energy & Power Market by Country, 2023 - 2030, Thousand Units
TABLE 29 North America Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Industrial Automation Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Industrial Automation Market by Country, 2019 - 2022, Thousand Units
TABLE 32 North America Industrial Automation Market by Country, 2023 - 2030, Thousand Units
TABLE 33 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 36 North America Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 37 North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Food & Beverages Market by Country, 2019 - 2022, Thousand Units
TABLE 40 North America Food & Beverages Market by Country, 2023 - 2030, Thousand Units
TABLE 41 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 44 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 45 North America Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 46 North America Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 47 North America Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 48 North America Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 49 North America PCB Mount Market by Country, 2019 - 2022, USD Million
TABLE 50 North America PCB Mount Market by Country, 2023 - 2030, USD Million
TABLE 51 North America PCB Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 52 North America PCB Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 53 North America Panel Mount Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Panel Mount Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Panel Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 56 North America Panel Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 57 North America DIN Rail Mount Market by Country, 2019 - 2022, USD Million
TABLE 58 North America DIN Rail Mount Market by Country, 2023 - 2030, USD Million
TABLE 59 North America DIN Rail Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 60 North America DIN Rail Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 61 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 64 North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 65 North America Solid State Relay Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Solid State Relay Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Solid State Relay Market by Country, 2019 - 2022, Thousand Units
TABLE 68 North America Solid State Relay Market by Country, 2023 - 2030, Thousand Units
TABLE 69 US Solid State Relay Market, 2019 - 2022, USD Million
TABLE 70 US Solid State Relay Market, 2023 - 2030, USD Million
TABLE 71 US Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 72 US Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 73 US Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 74 US Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 75 US Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 76 US Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 77 US Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 78 US Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 79 US Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 80 US Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 81 US Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 82 US Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 83 US Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 84 US Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 85 Canada Solid State Relay Market, 2019 - 2022, USD Million
TABLE 86 Canada Solid State Relay Market, 2023 - 2030, USD Million
TABLE 87 Canada Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 88 Canada Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 89 Canada Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 90 Canada Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 91 Canada Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 92 Canada Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 93 Canada Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 94 Canada Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 95 Canada Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 96 Canada Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 97 Canada Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 98 Canada Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 99 Canada Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 100 Canada Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 101 Mexico Solid State Relay Market, 2019 - 2022, USD Million
TABLE 102 Mexico Solid State Relay Market, 2023 - 2030, USD Million
TABLE 103 Mexico Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 104 Mexico Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 105 Mexico Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 106 Mexico Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 107 Mexico Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 108 Mexico Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 109 Mexico Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 110 Mexico Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 111 Mexico Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 112 Mexico Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 113 Mexico Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 114 Mexico Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 115 Mexico Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 116 Mexico Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 117 Rest of North America Solid State Relay Market, 2019 - 2022, USD Million
TABLE 118 Rest of North America Solid State Relay Market, 2023 - 2030, USD Million
TABLE 119 Rest of North America Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 120 Rest of North America Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 121 Rest of North America Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 122 Rest of North America Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 123 Rest of North America Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 124 Rest of North America Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 125 Rest of North America Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 126 Rest of North America Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 127 Rest of North America Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 128 Rest of North America Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 129 Rest of North America Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 130 Rest of North America Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 131 Rest of North America Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 132 Rest of North America Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 133 key Information – Vishay Intertechnology, Inc.
TABLE 134 Key Information – Panasonic Holdings Corporation
TABLE 135 Key Information – Omron Corporation
TABLE 136 Key Information – Infineon Technologies AG
TABLE 137 Key information –TE Connectivity Ltd.
TABLE 138 Key Information – Fujitsu Limited
TABLE 139 Key Information – Sharp Corporation
TABLE 140 Key Information – Sensata Technologies Holdings PLC
TABLE 141 Key Information – LITTELFUSE, INC.
TABLE 142 Key Information – Carlo Gavazzi Automation S.p.A.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Solid State Relay Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Solid State Relay Market
FIG 4 Porter’s Five Forces Analysis – solid state relay market
FIG 5 North America Solid State Relay Market share by Type, 2022
FIG 6 North America Solid State Relay Market share by Type, 2030
FIG 7 North America Solid State Relay Market by Type, 2019 - 2030, USD Million
FIG 8 North America Solid State Relay Market share by End User, 2022
FIG 9 North America Solid State Relay Market share by End User, 2030
FIG 10 North America Solid State Relay Market by End User, 2019 - 2030, USD Million
FIG 11 North America Solid State Relay Market share by Mounting Type, 2022
FIG 12 North America Solid State Relay Market share by Mounting Type, 2030
FIG 13 North America Solid State Relay Market by Mounting Type, 2019 - 2030, USD Million
FIG 14 North America Solid State Relay Market share by Country, 2022
FIG 15 North America Solid State Relay Market share by Country, 2030
FIG 16 North America Solid State Relay Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Vishay Intertechnology, Inc.
FIG 18 SWOT Analysis: Panasonic Holdings Corporation
FIG 19 SWOT Analysis: Omron Corporation
FIG 20 Recent strategies and developments: Infineon Technologies AG
FIG 21 SWOT Analysis: Infineon Technologies AG
FIG 22 SWOT Analysis: TE Connectivity Ltd
FIG 23 Swot analysis: Fujitsu Limited
FIG 24 SWOT Analysis: Sharp Corporation
FIG 25 Recent strategies and developments: Sensata Technologies Holdings PLC
FIG 26 SWOT Analysis: Sensata Technologies Holdings PLC
FIG 27 Recent strategies and developments: Littelfuse, Inc.
FIG 28 SWOT Analysis: Littelfuse, Inc.
FIG 29 Swot Analysis: Carlo Gavazzi Automation S.p.A.

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