Global Automotive Relay Market by Type (PCB Relay, Plug-in Relay, High Voltage Relay, Protective Relay, Time Relay, Signal Relay), Vehicle Type (Passenger Vehicles, Electric Vehicles, Commercial Vehicles), Application (Powertrain Systems, Body & Chassis, Convenience, Safety & Security, Driver Information), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa), Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

 Publisher: Fior Market Research |    Report ID : 71554   |  Published On: December 2018 |   Pages: |   Format:PDF

Global automotive relay market is expected to reach USD 18.2 Billion by 2025, at a CAGR of 7.19% from 2018 to 2025. The increasing modernization of vehicles, government regulations for automobiles industry regarding safety components in automobiles and preference for electronic relays over electromagnetic relays are the factors propelling the growth of the market. Market Overview: The automotive relays help to provide small current flow to control a higher current circuit in the automobiles. It is made up of various shapes and sizes. It is usually used as a switch to turn on the headlights of automotive, car alarm systems, anti-locking brake systems, car stereos, or among other applications. The automotive relays can be operated both electrically and mechanically. The consumers are focusing towards a safe and comfortable driving experience and hence the use of automotive relays has increased. Furthermore the government regulations for increasing the safety has also increased the use of the automotive relay. Report Description:
  • The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The automotive relay market is analysed on the basis of industry cost structure.
  • The report provides the key data of Production (‘000 Units), Consumption (‘000 Units), Import & Export (‘000 Units), industry cost structure in order to understand the present and future scenario of the market.
  • The study delivers a comprehensive analysis of global automotive relay market type, vehicle type, application, and regions.
  • The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global automotive relay market. This report incorporates the industry analysis which is focused on providing an extensive view of the automotive relay market.
  • The study also includes attractiveness analysis of type, vehicle type, application, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the automotive relay market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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Market Dynamics: Drivers:
  • Increasing modernization of vehicle to impact the relay market
  • Preference for electronic relays over electromagnetic relays
  • Government regulations to include safety components in automobiles
Restraints:
  • The unavailability of standard relay design
Opportunities:
  • Increasing need for electric relays in modern vehicles
Global Automotive Relay Market Key Findings: All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. Segmentation Analysis: The automotive relay market is segmented on the basis of type, vehicle type, and application.
  • Type segment includes PCB relay, plug-in relay, high voltage relay, protective relay, time relay and signal relay. PCB relay segment was valued at of USD 4.19 Billion in 2017. Due to the light weight of PCB relays, it is gradually replacing complicated plug-in devices which is a major contributing factor to drive the growth of the market.
  • Vehicle type segment is divided into passenger vehicles, electric vehicles, and commercial vehicles. Electric vehicles segment held largest market share of 36.14% in 2017 as they support no pollutant emission regulations and helps to maintain the environment. The adoption of vehicles operating on electric batteries has led to an increase in the use of the automotive relay in recent years.
  • The application segment includes powertrain systems, body & chassis, convenience, safety & security, and driver information. Safety & security segment is anticipated to grow with the highest CAGR of 10.38% from 2018 to 2025. The major concern for the automotive manufacturers is to provide safety & security to the drivers and passengers. For this, many of the companies offer automotive with built-in security features such as electronic stability control, electronic steering systems, and advanced driver assistance systems (ADAS).
Regional Segmentation Analysis: The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacific region held the largest market share of 31.94% with USD 4.22 Billion over the forecast period where as the North America region held the second dominant position in the global automotive relay market.
  • The increasing modernization of vehicles to impact the relay market and adoption of electromagnetic relays were some of the factors that led to the growth of automotive relay market in the Asia Pacific region.
  • North America is the fastest growing region with a CAGR of 11.34% during the forecast period, due to the increasing adoption of automotive as well as adoption of hybrid electric vehicle (HEV).
Global Automotive Relay Market Competitive Analysis: Key players in the Automotive Relay market are TE Connectivity, Panasonic Corporation, Denso Corporation, Johnson Electric, Omron Corporation, American Zettler, Robert Bosch GmbH, Hella KGaA Hueck & Co., Nidec Corporation, Mitsuba Corporation, NEC Corporation, Fujitsu, ABB, Delphi Automotive LLP, Eaton, Siemens AG, Alstom, Daesung, Salzer Electronics Ltd., and Bader GmbH. The TE Connectivity, Robert Bosch GmbH, Panasonic Corporation, and Delphi Automotive LLP are the top leading players of the market. For instance, in 2016, Panasonic Corporation launched DW Relays. This product was developed for smart switches and power outlets. *All our reports are customizable as per customer requirements Scope
Key Points Information
Evaluate Market Potential Growth Rates (CAGR %) Value (USD Million) {Market Size} Volume (‘000 Units)
USP of Report Production Consumption Import & Export Industry Cost Structure Company Share Analysis Competitive & Vendor Landscape Swot Analysis Of Each Company Profit Margin Analysis Analysis of more than 30 countries for each segment
Historical Years 2015-2017
Forecast Years 2018-2025
Regional Analysis North America, Europe, Asia Pacific, South America, and Middle East and Africa
Countries Analysis U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global automotive relay market on the basis of below mentioned segments: Global Automotive Relay Market, By Type:
  • PCB Relay
  • Plug-in Relay
  • High Voltage Relay
  • Protective Relay
  • Time Relay
  • Signal Relay
Global Automotive Relay Market, By Vehicle Type:
  • Passenger Vehicles
  • Electric Vehicles
  • Commercial Vehicles
Global Automotive Relay Market, By Application:
  • Powertrain Systems
  • Body & Chassis
  • Convenience
  • Safety & Security
  • Driver Information
Global Automotive Relay Market, By Regions:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherlands
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of Middle East and Africa
Table of Contents
  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Report Premium Insights
  5. Market Overview
  6. Industry Trend Analysis
  7. Global Automotive Relay Market by Type Analysis
  8. Global Automotive Relay Market by Vehicle Type Analysis
  9. Global Automotive Relay Market by Application Analysis
  10. Global Automotive Relay Market by Region Analysis
  11. Competitive Analysis
  12. Company Profiles
  • Business Overview
  • Products Portfolio
  • Key Insights
  • Recent Developments
  • SWOT Analysis
  • Financial Analysis
  • Market Share Analysis


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