Surface Mount Solid State Relays Market Research Report 2024

The global “Surface Mount Solid State Relays market” size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 1.89 billion by 2030, at a CAGR of 7.4% during the forecast period 2024-2030.

Surface Mount Solid State Relays (SSRs) are semiconductor-based switching devices that provide electrical isolation and control for switching high-power circuits without the use of moving parts. Unlike traditional mechanical relays, SSRs use solid-state components, such as transistors, thyristors, or triacs, to switch the electrical load.

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The global key manufacturers of Surface Mount Solid State Relays include Bright Toward Industrial Co. Ltd., Broadcom Limited, CEL, Comus International, Coto Technology, Infineon Technologies, Isocom Components, IXYS Integrated Circuits Division and Omron Electronics Inc-EMC Div, etc. in 2023, the global top five players have a share approximately % in terms of revenue. Solid state relay is a four-terminal active device, two of which are input control terminals, and the other two are output controlled terminals. It has both amplifying and driving functions and isolation functions, and is very suitable for driving high-power switching actuators , Compared with electromagnetic relays, it has higher reliability, and has no contacts, long life, fast speed, and small interference to the outside world, and has been widely used. This report aims to provide a comprehensive presentation of the global market for Surface Mount 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 Surface Mount Solid State Relays. \ We surveyed the Surface Mount 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.

By Type :

By Application :

Industry
Home Appliances
Energy Equipment
Other

Global Surface Mount Solid State Relays Market Segment Percentages, By Region and Country,

North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Surface Mount Solid State Relays revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Surface Mount Solid State Relays revenues share in global market, 2023 (%)
Key companies Surface Mount Solid State Relays sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Surface Mount Solid State Relays sales share in global market, 2023 (%)

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Further, the report presents profiles of competitors in the market, key players include:

Bright Toward Industrial Co. Ltd.
Broadcom Limited
CEL
Comus International
Coto Technology
Infineon Technologies
Isocom Components
IXYS Integrated Circuits Division
Omron Electronics Inc-EMC Div
onsemi
Panasonic Electric Works
Sensata-Crydom
Sharp Microelectronics
Standex-Meder Electronics
Toshiba Semiconductor and Storage
Vishay

Table of Contents

Drivers:

Growing Adoption of Automation: As industries like manufacturing, automotive, and energy increasingly embrace automation, the need for reliable, fast-switching, and efficient control systems boosts the demand for surface mount solid-state relays (SSRs).
Advantages over Electromechanical Relays: Surface mount SSRs offer benefits such as longer lifespan, noise-free operation, and faster switching times compared to traditional electromechanical relays, driving their adoption across various sectors.
Rising Demand for Miniaturization: The increasing trend towards miniaturized electronic devices, especially in consumer electronics, requires compact components like surface mount SSRs, which offer precise control and space efficiency.
Expansion of Renewable Energy Systems: As the renewable energy sector grows, the need for robust, low-maintenance switching devices for managing power systems, such as SSRs, is becoming more critical.

Restraints:

High Cost Compared to Traditional Relays: Surface mount SSRs are generally more expensive than their electromechanical counterparts, which may limit their adoption in cost-sensitive applications.
Thermal Management Issues: Solid-state relays, especially in compact surface mount forms, generate heat during operation. Managing this heat effectively can be a challenge, potentially impacting performance in high-power applications.
Limited Switching Capacity: Surface mount SSRs may face constraints in high-power switching applications, where electromechanical relays are still preferred due to their higher load handling capabilities.

Opportunities:

Increased Use in Electric Vehicles (EVs): As EV adoption rises, the demand for reliable, durable, and fast-switching relays in automotive electronics creates growth opportunities for surface mount SSRs.
Growing IoT Applications: The proliferation of IoT devices, requiring precise, low-power switching components, presents a growing market for surface mount SSRs, especially in smart home and industrial applications.
Development of Advanced Materials: Innovations in semiconductor materials, such as silicon carbide (SiC) and gallium nitride (GaN), can enhance the performance of surface mount SSRs, making them more efficient and suitable for higher power applications.

Challenges:

Competition from Other Technologies: Emerging technologies, such as power MOSFETs and other solid-state switching solutions, could pose competition to traditional SSRs, requiring manufacturers to innovate continuously.
Supply Chain Volatility: The semiconductor industry is vulnerable to supply chain disruptions, such as material shortages and geopolitical tensions, which can impact the production and availability of surface mount SSRs.
Integration Complexity: Surface mount SSRs may require specialized design and thermal management expertise, creating integration challenges for companies with limited resources or expertise.

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