Solid-state relay (SSRs) is an electronic switching device which switches on or off when a small external voltage is applied through its control terminals.
SSR is switching relays which do not require any mechanical components. They are composed of switching semiconductor materials, such as thyristors, triacs, diodes, and transistors.
D. Smith
Solid state relay (SSR) market size
The global solid state relay (SSR) market is expected to grow from US$ 0.8 billion in 2019 to US$ 1.6 billion by 2026.
Analysis of Solid state relay (SSR) market
The global market for solid state relay (SSR) is driven primarily by its various robust features such as compact size, low noise during operation, long operating life and low maintenance.
The use of solid state relays in industrial automation is increasing due to the benefits of having high switching frequency and immune to the shock and vibration level.
SSR relays are becoming increasingly popular and important because they are used in a wide range of applications such as automotive, consumer electronics and the electrical industry which give an enormous impetus to the market growth.
Its rising demand can be attributed to increasing investment in renewable energy sources and to the demand for energy infrastructure upgrades in developed countries.
However, such factors such as the requirement for heat sinks to handle the thermal load during switching currents, higher SSR costs than electromechanical relay (EMR) and current leakage while switching off solid state relays are expected to hamper the market growth.
Isaias
Various factors are expected to drive the growth of the global Solid State Relays market in the near future due to its applications in instrumentation systems, lift controls, medical equipment, display systems, safety systems and vending machines.