DUBLIN--(BUSINESS WIRE)--The "Automotive Relay Market by Type (PCB, Plug-In, High Voltage, Protective, Signal, Time), Ampere (5A-15A, 16A-35A, >35A), Application, Vehicle Type, EV Relay Type (Main, Precharge, Quick Charge, Normal, HV), 48V Relay, and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
Increasing modernization of vehicles and demand for safety, luxury, and comfort will drive the automotive relay market
The demand for better vehicle performance and driving experience has led automakers to offer advanced technologies and features in vehicles. Mechanical operations of a vehicle are being replaced by electronic systems - for instance, anti-lock brake controls, wiper controls, and others. Relays are a key component of electronic systems, and hence, the automotive relay market is set to grow during the forecast period.
Premium car segment constitutes the largest market in the automotive relay market
Premium car segment holds the largest share of around 31-35% in the automotive relay market. Improvement and additional improvisation in various applications such as emergency assist, GPS, internet access, communications systems, location-based services, safe airbag deployment notification, and remote diagnostics are expected to drive demand. These features would add to the electronic content of a vehicle, and efficient designing and packaging of electronic content will offer superior performance with reduced weight. This will also help increase the fuel efficiency of the vehicle. Countries such as Germany and the US have a higher penetration of premium cars than other countries. Premium cars require more number of relays as than other vehicles, and thus, the market for premium car relays is the largest.
Asia Oceania constitutes the largest automotive relay market
Asia Oceania is estimated to lead the automotive relay market as the region represents countries such as China, Japan, South Korea, and India with the world's highest vehicle production. The automobile industry is flourishing in this region, especially in South Asia. Additionally, Asia Oceania has created hubs for automobile manufacturers and automotive component suppliers. Changing consumer preferences, increasing the disposable income of the middle-class population, and cost advantages for OEMs are driving automotive production in this region. Presence of major relay manufacturers such as TE Connectivity, Panasonic, Omron Corporation, Fujitsu, and Hongfa also drives the automotive relay market in this region.
Key Topics Covered:
1 Introduction
1.1 Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
1.4 Market Scope
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Automotive Relay Market: Trend, Forecast & Opportunity
4.2 Automotive Relay Market, By Region
4.3 Automotive Relay Market, By Ampere
4.4 Automotive Relay Market, By Relay Type
4.5 Automotive Relay Market, By Application
4.6 Automotive Relay Market, By Vehicle Type
4.7 Vehicle Market, By Relay Type
4.8 48v Mild Hybrid Vehicle Market, By Region
4.9 Electric Vehicle Relay Market, By Relay Type
5 Recommendation
5.1 Asia Oceania Estimated as the Potential Market for Automotive Relays
5.2 >35a Relay Can Be A Key Focus for Manufacturers
5.3 PCB is the Relay Type to Target
5.4 Conclusion
6 Market Overview
6.1 Introduction
6.2 Market Dynamics
6.3 Revenue Shift for the Automotive Relay Manufacturers
6.4 Automotive Relay Market, Scenarios (2017-2027)
6.5 Average Selling Pricing (ASP) Analysis for Automotive Relay, By Region & Ampere
7 Automotive Relay Market, By Relay Type
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Operational Data
7.1.4 Printed Circuit Board Relay (PCB)
7.1.5 Plug-In Relay
7.1.6 High Voltage Relay
7.1.7 Protective Relay
7.1.8 Signal Relay
7.1.9 Time Relay
8 Automotive Relay Market, By Application
8.1 Introduction
8.2 Asia Oceania
8.3 North America
8.4 Europe
8.5 Rest of the World (RoW)
9 Automotive Relay Market, By Ampere
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 5a-15a Relay
9.1.4 16a-35a Relay
9.1.5 >35a Relay
10 Automotive Relay Market, By Vehicle
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 Passenger Car
10.1.4 Light Commercial Vehicle (LCV)
11 Automotive Relay Market for 48v Architecture Vehicle
11.1 Increasing Trend in Vehicle Electrification
11.2 Need for 48v Architecture
11.3 Impact of 48v on Architecture on Automotive Relay
12 Electric Vehicle Market, By Relay Type
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumptions
12.1.3 Battery Electric Vehicle (BEV)
12.1.4 Hybrid Electric Vehicle (HEV)
12.1.5 Plug-In Hybrid Electric Vehicle (HEV)
13 Automotive Relay Market, By Region
13.1 Introduction
13.2 Automotive Relay Market, By Region
13.3 Asia Oceania
13.4 Europe
13.5 North America
13.6 Rest of the World
13.7 Operational Data
13.8 Operational Data
13.9 Operational Data
14 Competitive Landscape
14.1 Overview
14.2 Automotive Relay: Market Ranking Analysis
14.3 Competitive Leadership Mapping
14.4 Competitive Scenario
14.5 Right to Win
15 Company Profile
15.1 TE Connectivity
15.2 Omron Corporation
15.3 Panasonic
15.4 Hella KGaA Hueck & Co.
15.5 Fujitsu
15.6 Hongfa
15.7 Robert Bosch
15.8 Denso
15.9 LS Automotive
15.10 Littelfuse
15.11 Additional Companies
15.11.1 Asia Oceania
15.11.1.1 Mitsuba Corporation
15.11.1.2 Song Chuan Precision Company
15.11.1.3 Goodsky
15.11.1.4 Xiamen Level King Keep Electronics
15.11.2 Europe
15.11.2.1 ABB
15.11.2.2 Siemens Ag
15.11.3 North America
15.11.3.1 Cit Relay & Switch
15.11.3.2 Picker
15.11.3.3 American Zettler
15.11.3.4 American Electronic Components (AEC)
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