Solid State Relay Market in APAC Contributed the Largest Share in 2020

Northbrook, IL -- (SBWIRE) -- 09/22/2021 -- The global solid state relay market size is projected to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 6.6% from 2020 to 2025. The growth of the solid state relaymarket is majorly driven by surging growing adoption of high-tech electronics and automation in consumer electronics industry, increasing complexity in automobile circuits of electric vehicles, and robust features of solid state relays.