SSRs Market

The global SSRs (Solid State Relays) market was valued at US$ 517.4 million in 2022 and is projected to reach US$ 808.4 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Solid State Relays (SSR) is an electronic state relay. Its internal structure is an integrated mounting package of semiconductor elements and electronics circuit board. Its main characteristics are resistant to high voltage and high current, contactor less (no noise), good isolation and ease of heat evaporation. Its main application includes: Industrial automation, home appliances, Building Automation etc.
SSRs Market aims to provide a comprehensive presentation of the global market for SSRs (Solid State Relays), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SSRs (Solid State Relays). SSRs Market contains market size and forecasts of SSRs (Solid State Relays) in global, including the following market information:
Global SSRs (Solid State Relays) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global SSRs (Solid State Relays) Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five SSRs (Solid State Relays) companies in 2022 (%)
Asia-Pacific occupies the largest market share with 54%. It is followed by North America and Europe. The global market for solid state relay is dominated by a few large vendors. Companies such as Panasonic, Crydom, OMRON and Carlo gavazzi are the key manufacturters. The top 5 have about 34% market shares.In terms of product, PCB mount is the largest segment, with a share over 47%. And in terms of application, the largest application is industrial equipment, followed by home appliance.
We surveyed the SSRs (Solid State Relays) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:

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

• Industrial Automation Equipment
• Building Automation
• Home Appliances
• Power & Energy
• Others

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies SSRs (Solid State Relays) revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies SSRs (Solid State Relays) revenues share in global market, 2022 (%)
• Key companies SSRs (Solid State Relays) sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies SSRs (Solid State Relays) sales share in global market, 2022 (%)

• OMRON
• Panasonic
• Crydom
• Fujitsu Limited
• Jinxinrong
• IXYS
• AVAGO
• TE
• CELDUC
• Sharp
• Siemens
• Rockwell Automation
• OPTO22
• Schneider
• Carlo gavazzi
• JiangSu GlOD Electrical Control Technology
• Vishay
• Bright Toward
• CLION

• Chapter 1: Introduces the definition of SSRs (Solid State Relays), market overview.
• Chapter 2: Global SSRs (Solid State Relays) market size in revenue and volume.
• Chapter 3: Detailed analysis of SSRs (Solid State Relays) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of SSRs (Solid State Relays) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global SSRs (Solid State Relays) capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.