The Latin America, Middle East and Africa Solid State Relay Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2479.3 thousand units, showcasing a growth of 11.3% (2023-2030).
AC SSRs offer numerous advantages over traditional electromechanical relays, including faster switching speeds, reduced electromagnetic interference, and enhanced reliability due to the absence of moving parts. These relays employ semiconductor devices such as thyristors or triacs to control the flow of alternating current (AC) to the load, providing efficient and precise switching without mechanical wear or arcing. Therefore, the Brazil market will utilize 632.14 thousand units of AC solid state relays by 2030.
The Brazil market dominated the LAMEA Solid State Relay Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $42.2 million by 2030. The Argentina market is showcasing a CAGR of 10% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.1% during (2023 - 2030).
Aerospace and defense industries rely heavily on SSRs for critical applications such as avionics, flight control systems, radar, and communication equipment. The robust construction, resistance to shock and vibration, and high reliability of SSRs make them well-suited for aerospace environments where reliability and performance are paramount. The increasing growth of the aerospace sector will create a higher demand for the SSRs.
Additionally, SSRs play a crucial role in telecommunications infrastructure, providing switching and control functions in telecommunications networks, data centers, and server rooms. Their fast-switching speeds, low power consumption, and high reliability contribute to the efficient operation of communication systems and network equipment.
The UAE’s energy sector has been experiencing rapid expansion, driven by the increasing demand for electricity to support economic growth, urbanization, and industrial development. According to the U.S. Energy Information Administration, total electricity capacity in the UAE grew by almost 10 gigawatts (GW) from 2012 to 2021. Thus, the increasing energy capacity and growing automotive industry in the region is propelling the growth of the market.
Free Valuable Insights: The Worldwide Solid State Relay Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
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