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

Description

List of Tables

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.

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.

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

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Solid State Relay Market, by Type
- 1.4.2North America Solid State Relay Market, by End User
- 1.4.3North America Solid State Relay Market, by Mounting Type
- 1.4.4North America Solid State Relay Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

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

Chapter 4.Recent Strategies Deployed in Solid State Relay Market

Chapter 5.North America Solid State Relay Market by Type

5.1North America AC Market by Country
5.2North America DC Market by Country
5.3North America AC/DC Market by Country

Chapter 6.North America Solid State Relay Market by End User

6.1North America Energy & Power Market by Country
6.2North America Industrial Automation Market by Country
6.3North America Automotive Market by Country
6.4North America Food & Beverages Market by Country
6.5North America Others Market by Country

Chapter 7.North America Solid State Relay Market by Mounting Type

7.1North America PCB Mount Market by Country
7.2North America Panel Mount Market by Country
7.3North America DIN Rail Mount Market by Country
7.4North America Others Market by Country

Chapter 8.North America Solid State Relay Market by Country

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

Chapter 9.Company Profiles

9.1Vishay Intertechnology, Inc.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research and Development Expense
- 9.1.5SWOT Analysis
9.2Panasonic Holdings Corporation
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expenses
- 9.2.5Recent strategies and developments:
  - 9.2.5.1Product Launches and Product Expansions:
- 9.2.6SWOT Analysis
9.3Omron Corporation
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5Recent strategies and developments:
  - 9.3.5.1Product Launches and Product Expansions:
- 9.3.6SWOT Analysis
9.4Infineon Technologies AG
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expense
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Product Launches and Product Expansions:
  - 9.4.5.2Acquisition and Mergers:
- 9.4.6SWOT Analysis
9.5TE Connectivity Ltd.
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expense
- 9.5.5Recent strategies and developments:
  - 9.5.5.1Acquisition and Mergers:
- 9.5.6SWOT Analysis
9.6Fujitsu Limited
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segmental and Regional Analysis
- 9.6.4Research & Development Expenses
- 9.6.5SWOT Analysis
9.7Sharp Corporation
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental & Regional Analysis
- 9.7.4Research & Development Expense
- 9.7.5SWOT Analysis
9.8Sensata Technologies Holdings PLC
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expense
- 9.8.5Recent strategies and developments:
  - 9.8.5.1Product Launches and Product Expansions:
  - 9.8.5.2Acquisition and Mergers:
- 9.8.6SWOT Analysis
9.9Littelfuse, Inc.
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expenses
- 9.9.5Recent strategies and developments:
  - 9.9.5.1Product Launches and Product Expansions:
  - 9.9.5.2Acquisition and Mergers:
- 9.9.6SWOT Analysis
9.10.Carlo Gavazzi Automation S.p.A. (Carlo Gavazzi Holding AG)
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Regional Analysis
- 9.10.4Research & Development Expenses
- 9.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America Solid State Relay Market, 2019 - 2022, USD Million
TABLE 2North America Solid State Relay Market, 2023 - 2030, USD Million
TABLE 3North America Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 4North America Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 5North America Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 6North America Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 7North America Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 8North America Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 9North America AC Market by Country, 2019 - 2022, USD Million
TABLE 10North America AC Market by Country, 2023 - 2030, USD Million
TABLE 11North America AC Market by Country, 2019 - 2022, Thousand Units
TABLE 12North America AC Market by Country, 2023 - 2030, Thousand Units
TABLE 13North America DC Market by Country, 2019 - 2022, USD Million
TABLE 14North America DC Market by Country, 2023 - 2030, USD Million
TABLE 15North America DC Market by Country, 2019 - 2022, Thousand Units
TABLE 16North America DC Market by Country, 2023 - 2030, Thousand Units
TABLE 17North America AC/DC Market by Country, 2019 - 2022, USD Million
TABLE 18North America AC/DC Market by Country, 2023 - 2030, USD Million
TABLE 19North America AC/DC Market by Country, 2019 - 2022, Thousand Units
TABLE 20North America AC/DC Market by Country, 2023 - 2030, Thousand Units
TABLE 21North America Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 22North America Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 23North America Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 24North America Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 25North America Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 26North America Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 27North America Energy & Power Market by Country, 2019 - 2022, Thousand Units
TABLE 28North America Energy & Power Market by Country, 2023 - 2030, Thousand Units
TABLE 29North America Industrial Automation Market by Country, 2019 - 2022, USD Million
TABLE 30North America Industrial Automation Market by Country, 2023 - 2030, USD Million
TABLE 31North America Industrial Automation Market by Country, 2019 - 2022, Thousand Units
TABLE 32North America Industrial Automation Market by Country, 2023 - 2030, Thousand Units
TABLE 33North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35North America Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 36North America Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 37North America Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 38North America Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 39North America Food & Beverages Market by Country, 2019 - 2022, Thousand Units
TABLE 40North America Food & Beverages Market by Country, 2023 - 2030, Thousand Units
TABLE 41North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 44North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 45North America Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 46North America Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 47North America Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 48North America Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 49North America PCB Mount Market by Country, 2019 - 2022, USD Million
TABLE 50North America PCB Mount Market by Country, 2023 - 2030, USD Million
TABLE 51North America PCB Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 52North America PCB Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 53North America Panel Mount Market by Country, 2019 - 2022, USD Million
TABLE 54North America Panel Mount Market by Country, 2023 - 2030, USD Million
TABLE 55North America Panel Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 56North America Panel Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 57North America DIN Rail Mount Market by Country, 2019 - 2022, USD Million
TABLE 58North America DIN Rail Mount Market by Country, 2023 - 2030, USD Million
TABLE 59North America DIN Rail Mount Market by Country, 2019 - 2022, Thousand Units
TABLE 60North America DIN Rail Mount Market by Country, 2023 - 2030, Thousand Units
TABLE 61North America Others Market by Country, 2019 - 2022, USD Million
TABLE 62North America Others Market by Country, 2023 - 2030, USD Million
TABLE 63North America Others Market by Country, 2019 - 2022, Thousand Units
TABLE 64North America Others Market by Country, 2023 - 2030, Thousand Units
TABLE 65North America Solid State Relay Market by Country, 2019 - 2022, USD Million
TABLE 66North America Solid State Relay Market by Country, 2023 - 2030, USD Million
TABLE 67North America Solid State Relay Market by Country, 2019 - 2022, Thousand Units
TABLE 68North America Solid State Relay Market by Country, 2023 - 2030, Thousand Units
TABLE 69US Solid State Relay Market, 2019 - 2022, USD Million
TABLE 70US Solid State Relay Market, 2023 - 2030, USD Million
TABLE 71US Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 72US Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 73US Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 74US Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 75US Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 76US Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 77US Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 78US Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 79US Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 80US Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 81US Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 82US Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 83US Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 84US Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 85Canada Solid State Relay Market, 2019 - 2022, USD Million
TABLE 86Canada Solid State Relay Market, 2023 - 2030, USD Million
TABLE 87Canada Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 88Canada Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 89Canada Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 90Canada Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 91Canada Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 92Canada Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 93Canada Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 94Canada Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 95Canada Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 96Canada Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 97Canada Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 98Canada Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 99Canada Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 100Canada Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 101Mexico Solid State Relay Market, 2019 - 2022, USD Million
TABLE 102Mexico Solid State Relay Market, 2023 - 2030, USD Million
TABLE 103Mexico Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 104Mexico Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 105Mexico Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 106Mexico Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 107Mexico Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 108Mexico Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 109Mexico Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 110Mexico Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 111Mexico Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 112Mexico Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 113Mexico Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 114Mexico Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 115Mexico Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 116Mexico Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 117Rest of North America Solid State Relay Market, 2019 - 2022, USD Million
TABLE 118Rest of North America Solid State Relay Market, 2023 - 2030, USD Million
TABLE 119Rest of North America Solid State Relay Market, 2019 - 2022, Thousand Units
TABLE 120Rest of North America Solid State Relay Market, 2023 - 2030, Thousand Units
TABLE 121Rest of North America Solid State Relay Market by Type, 2019 - 2022, USD Million
TABLE 122Rest of North America Solid State Relay Market by Type, 2023 - 2030, USD Million
TABLE 123Rest of North America Solid State Relay Market by Type, 2019 - 2022, Thousand Units
TABLE 124Rest of North America Solid State Relay Market by Type, 2023 - 2030, Thousand Units
TABLE 125Rest of North America Solid State Relay Market by End User, 2019 - 2022, USD Million
TABLE 126Rest of North America Solid State Relay Market by End User, 2023 - 2030, USD Million
TABLE 127Rest of North America Solid State Relay Market by End User, 2019 - 2022, Thousand Units
TABLE 128Rest of North America Solid State Relay Market by End User, 2023 - 2030, Thousand Units
TABLE 129Rest of North America Solid State Relay Market by Mounting Type, 2019 - 2022, USD Million
TABLE 130Rest of North America Solid State Relay Market by Mounting Type, 2023 - 2030, USD Million
TABLE 131Rest of North America Solid State Relay Market by Mounting Type, 2019 - 2022, Thousand Units
TABLE 132Rest of North America Solid State Relay Market by Mounting Type, 2023 - 2030, Thousand Units
TABLE 133key Information - Vishay Intertechnology, Inc.
TABLE 134Key Information - Panasonic Holdings Corporation
TABLE 135Key Information - Omron Corporation
TABLE 136Key Information - Infineon Technologies AG
TABLE 137Key information -TE Connectivity Ltd.
TABLE 138Key Information - Fujitsu Limited
TABLE 139Key Information - Sharp Corporation
TABLE 140Key Information - Sensata Technologies Holdings PLC
TABLE 141Key Information - LITTELFUSE, INC.
TABLE 142Key Information - Carlo Gavazzi Automation S.p.A.

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