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Automotive Relay Market

Automotive Relay Market Analysis – By Product Type (PCB relay, Plug-in relay), By Application (Powertrain Systems, Body & Chassis, Convenience, Safety & Security, Driver Information Systems), By Regional - Industry Size, Share, Trends, Growth Analysis and Global Forecast to 2025.

  • ID : 13725331  |  
  • Published : Apr-2019  |  
  • Region : Global  |  
  • Pages : 140   |  
  • Publisher : Research Cosmos

Automotive Relay Market Size and Growth Rate:

According to our research report, the Automotive Relay Market size is poised to reach USD 5.09 Billion by the end of 2025 from USD 10.46 Billion in 2017 and this market witnessed a growth rate of 5.4% during the forecast period 2018-2025.

Automotive Relay Market Overview:

Automotive relays are widely used in electrical systems used in applications such as automobiles, trucks, industrial and heavy equipment. A high current circuit can be controlled by a lower current circuit using motor vehicle relays.

Automotive Relay Market - Growth Drivers and Opportunities:

With the increase in safety levels and the comfortable driving experience offered by the relays for automobiles; the demand has increased and is expected to grow even more during the forecast period. With the rapid development of PCBs, lighter relays are gradually replacing complex connection devices. This factor is likely to increase the global PCB retransmission market. Government regulations that include automotive safety components to reduce the number of victims will result in the market boom during the forecast period. These devices can be used in security systems such as headrests, display screens, steering systems, seat belts and airbags. With the increase in the use of technologies such as GPS, meteorological information, temperature and traffic, the demand for automotive relays is expected to grow at a high CAGR. As the demand for comfort levels has increased, concepts such as sunroof control, keyless entry systems, mirror control and information and entertainment systems have emerged. The growing demand of the hybrid electric vehicle segment (HEV) is also a key driver of growth in the global market.

Automotive Relay Market - Regional Analysis:

Europe's Automotive Relay market share in 2016 was 24% of total global revenues. The Asia-Pacific region is expected to publish a moderate CAGR on the growth of the automotive retransmission market during the forecast period. The Asia-Pacific region is progressively called the automobile manufacturing center due to the availability of raw materials and comparatively lower labor costs. Proximity applications and propulsion systems are largely responsible for regional sales in the Asia-Pacific region. Due to strong demand and significant vehicle production in China, it is estimated that China has significant growth trends in the motor vehicle relay market.

Prominent Companies in the Automotive Relay Market analyzed in the report are:

  • TE Connectivity
  • Panasonic Corporation
  • Denso Corporation
  • Omron Corporation
  • American Zettler

This research report includes following segmentation for the Automotive Relay Market size and forecast until 2025:

Automotive Relay Market – By Product Type:

  • PCB relay
  • Plug-in relay

Automotive Relay Market – By Application:

  • Powertrain Systems
  • Body & Chassis
  • Convenience
  • Safety & Security
  • Driver Information Systems

Automotive Relay Market – By Geography:

North America                                                 

  • United States                                
  • Canada                                          

Europe                                                                                              

  • United Kingdom                                            
  • Germany                                       
  • France                                           
  • Italy                                
  • Spain                                             

Asia-Pacific                                                      

  • China                                             
  • India                                              
  • Japan                                             
  • South Korea                                  

Latin America                                                                              

  • Brazil                                             
  • Argentina                                      
  • Mexico                                          

Middle-East & Africa                                                       

  • Middle-East
  • Africa

Key Takeaways from Automotive Relay Market Report:

  • For different Devices types, and applications offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the Automotive Relay Market potential.
  • Identify various driving factors, constraints and untold opportunities that can impact the Automotive Relay Market place.
  • Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
  • Increase overall revenue by understanding the geographical impact on sales and distribution channels.
  • Evaluate the increase in values at each step of the industry supply chain to improve process efficacy and optimize the value.
  • Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
  • Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide Automotive Relay Market in over 20 top nations.

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Automotive Relay Market Drivers                                                
    2. Automotive Relay Market Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in the Automotive Relay Market

  5. Automotive Relay Market Segmentation                                                                      

    1. By Product Type

      1. PCB relay
      2. Plug-in relay

    2. By Application

      1. Powertrain Systems
      2. Body & Chassis
      3. Convenience
      4. Safety & Security
      5. Driver Information Systems

  6. Geographical Analysis

    1. North America Automotive Relay Market

      1.  Introduction                                
      2.  United States Automotive Relay Market
      3.  Canada Automotive Relay Market

    2. Europe Automotive Relay Market

      1.  Introduction                                
      2.  United Kingdom Automotive Relay Market
      3.  Germany Automotive Relay Market
      4.  France Automotive Relay Market
      5.  Italy Automotive Relay Market
      6.  Spain Automotive Relay Market

    3. Asia-Pacific Automotive Relay Market

      1.  Introduction                                
      2.  China Automotive Relay Market
      3.  India Automotive Relay Market
      4.  Japan Automotive Relay Market
      5.  South Korea Automotive Relay Market

    4. Latin America Automotive Relay Market

      1.  Introduction                                
      2.  Brazil Automotive Relay Market
      3.  Argentina Automotive Relay Market
      4.  Mexico Automotive Relay Market

    5. Middle-East & Africa Automotive Relay Market

      1.  Introduction                                
      2.  Middle-East Automotive Relay Market
      3.  Africa Automotive Relay Market

  7. Strategic Analysis                                                              

    1. PESTLE analysis                                               

      1. Political                                         
      2. Economic                                     
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                              

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                                
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Automotive Relay Market Leaders' Analysis                                                                  

    1.    TE Connectivity

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                         
      5. Legal issues                                  
      6. Recent Developments                                 
      7. SWOT analysis                                             
      8. Analyst View                                

    2. Panasonic Corporation
    3. Denso Corporation
    4. Omron Corporation
    5. American Zettler

  9. Expert Opinions                                                               

    1. Automotive Relay Market Outlook                                                              
    2. Investment Opportunities                                                            

  10. Appendix                                                               

    1. List of Tables                                                      
    2. List of Figures                 

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