The Europe Solid State Relay Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,453.1 thousand units, showcasing a growth of 6.6% (2019-2022).
SSRs play a crucial role in automotive electronics, facilitating the precise control and switching of electrical loads in vehicles. These relays are employed in a multitude of systems, including lighting controls, motor drives, power distribution, heating, ventilation, and air conditioning (HVAC) systems, as well as battery management systems (BMS). Therefore, the Germany market utilized 317.67 thousand units of solid-state relays in automotive industry in 2022.
The Germany market dominated the Europe Solid State Relay Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $112.3 million by 2030. The UK market is exhibiting a CAGR of 5.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.1% during (2023 - 2030).
The solid-state relay market has emerged as a crucial component in modern electrical and electronic systems, revolutionizing how power is controlled and managed across various industries. Solid state relays (SSRs) have many benefits in performance, efficiency, and dependability over conventional electromechanical relays since they switch electrical loads using semiconductor devices. The adoption of solid-state relays has witnessed steady growth across industries, driven by the need for efficient, reliable, and compact power control solutions. Due to their superior performance characteristics, manufacturers, engineers, and system integrators increasingly use SSRs to replace traditional electromechanical relays in critical applications.
SSRs have become indispensable components in control panels, PLCs (programmable logic controllers), robotics systems, and manufacturing processes in industrial automation. Their ability to provide precise and rapid switching of electrical loads ensures efficient operation, reduces downtime, and enhances productivity in manufacturing plants and assembly lines. Moreover, SSRs are widely used in automotive applications for lighting control, motor control, HVAC systems, and vehicle power distribution. Their compact size, reliability, and durability make them ideal for automotive environments where space constraints and stringent performance requirements are prevalent.
The expansion of EV sales in Europe has led to increased deployment of advanced BMS technologies, driving demand for SSRs in battery cell monitoring, cell balancing, and overcurrent protection applications. SSRs help ensure EV batteries’ safe and efficient operation, extending their lifespan and enhancing vehicle reliability. Hence, the increasing sale of electric vehicles in the region propels the market’s growth.
Free Valuable Insights: The Global Solid State Relay Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Mounting Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
