Mosfet Relay Market
The market for Mosfet Relay was estimated at $314 million in 2024; it is anticipated to increase to $516 million by 2030, with projections indicating growth to around $779 million by 2035.
Global Mosfet Relay Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Mosfet Relay industry revenue is expected to be around $341.5 million in 2025 and expected to showcase growth with 8.6% CAGR between 2025 and 2034. Its widespread use across sectors highlights its great potential, for transformation promising a bright future in the years to come.
The MOSFET Relay has gained popularity in the market for its features such as low on resistance quick switching speed and smaller size when compared to relays. Lately the market for this product has seen an increase due to the rising demand for vehicles and the growing requirement, for smaller energy efficient devices.
Market Key Insights
- The Mosfet Relay market is projected to grow from $314.5 million in 2024 to $718 million in 2034. This represents a CAGR of 8.6%, reflecting rising demand across Telecommunication Systems, Automotive Electronics and Industrial Automation Systems.
- Omron Corporation, Panasonic Corporation, Broadcom Limited are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Mosfet Relay market and are expected to observe the growth CAGR of 6.3% to 9.0% between 2024 and 2030.
- Emerging markets including Indonesia, South Africa and UAE are expected to observe highest growth with CAGR ranging between 8.3% to 10.8%.
- Transition like Shift Towards Miniaturization is expected to add $23 million to the Mosfet Relay market growth by 2030.
- The Mosfet Relay market is set to add $403 million between 2024 and 2034, with manufacturer targeting Automation & Consumer Electronics Application Type projected to gain a larger market share.
- With Rising adoption in communication devices, and Miniaturization of electronic devices, Mosfet Relay market to expand 128% between 2024 and 2034.