Automotive Relay Market
Automotive Relay Market Analysis By Product (PCB Relays, Plug-in Relays, High Voltage Relays), By Application (Powertrain Systems, Body & Chassis, Convenience, Safety & Security, Driver Information), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Electric Vehicles) - Global Market Insights 2022 to 2032
Analysis of Automotive Relay market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive Relay Market Outlook (2022-2032)
In 2022, the global automotive relay market is worth US$ 16.1 billion and is predicted to exhibit expansion at a CAGR of 5.1% over the next ten years. As a result, by the end of 2032, sales revenue of the automotive relay industry is anticipated to reach US$ 26.5 billion.
In 2021, Panasonic Corporation, TE Connectivity, and ANDEN (part of DENSO Corporation) cumulatively held a market share of around 49% of the global automotive relay industry.
Report Attributes |
Details |
|---|---|
|
Automotive Relay Market Size (2022) |
US$ 16.1 Billion |
|
Projected Market Value (2032F) |
US$ 26.5 Billion |
|
Global Market Growth Rate (2022-2032) |
5.1% CAGR |
|
Top 3 Companies’ Market Share (2021) |
~49% |
|
Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Revenue Analysis of Automotive Relays (2017-2021) in Comparison to Industry Forecasts (2022-2032)
The expanding automotive industry has been quick to adopt the digitization trend and this has led to a substantial rise in the use of electronic components in vehicles. This increased vehicle electrification is anticipated to significantly influence automotive relay sales over the next ten years.
Increasing urbanization, growing demand for advanced infotainment systems, rising sales of vehicles, increasing focus on fuel efficiency, technological advancements, and the rising popularity of electric vehicles are other factors that could uplift automotive relay demand across the forecast period.
Increasing launches of new electric vehicles and growing use of advanced electrical systems in automobiles are also expected to drive the automotive relay market potential through 2032.
Growing connected vehicle fleet and increasing use of systems such as advanced driver assistance systems (ADAS), lane-assist systems, adaptive cruise control, etc. are also projected to favor demand for latching relays, automotive time delay relays, automotive relay connectors, and other relay switches for cars across the forecast period.
Stringent mandates to ensure the safety of drivers and passengers in vehicles are being implemented across the world and this is also expected to promote the adoption of automotive relays over the coming years.
Rising demand for vehicle-to-infrastructure (V2I) communications and vehicle-to-vehicle communications are also predicted to promote automotive relay market growth in the near future.
However, the high costs and complex nature of automotive relays are anticipated to have a constraining effect on overall automotive relay demand. Operational failure in extreme conditions and lack of standardization also could hurt shipments of automotive relays through 2032.
Automotive relay sales are predicted to expand at a CAGR of 5.1% over the next ten years.
Will High Emphasis on Safety Impact Automotive Relay Market Growth?
“Adoption of Advanced & Automated Electrical Safety Systems in Vehicles to Promulgate Automotive Relay Sales”
Incidence of road accidents and fatalities have increased significantly in recent years and this trend has resulted in demand for strict safety mandates across the world.
Automotive manufacturers are installing advanced electrical safety systems to promote driver safety owing to the imposition of stringent regulations by various governments across the world. Increasing concerns regarding safety in autonomous vehicles and rising investments in autonomous mobility R&D are also expected to propel sales of automotive relays through 2032.
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Which Factors Could Dent Automotive Relay Sales Growth?
“Lack of Standardization, High Costs, & Complexity Could Slow Down Market Progress”
Automotive relays are complex electric components and often incur huge costs for deployment and manufacturing as well, this is expected to have a negative impact on the overall market growth. Moreover, lack of standardization in the industry allows manufacturers to price their products as per themselves and ultimately results in costly products that hinder automotive relay demand. Operational failure in extreme environments is also another factor that restrains automotive relay market potential across the forecast period.
How is Innovation in Automotive Relays Changing the Automotive Industry?
“New Automotive Relay Companies to Acquire Funding to Expand Business & Research Capabilities”
New entrants in the global automotive relay marketplace are focusing on developing new and innovative technologies that could provide better electronic components for automotive manufacturers.
- Menlo Micro, based in California, United States, raised US$ 150 million in a Series C investment round in 2022. The company uses electromechanical and solid-state technologies to create a 99% reduction in key metrics such as size, weight, power consumption, and costs over standard electromechanical relays. The company dubs its offering as ‘Ideal Switch’.
- In May 2022, Shanghai-based Taolink Technologies, raised US$ 15 million in a Series A funding round. The funding was led by Xinyi Capital. The company develops and provides chips for narrowband communication devices. The company also develops SoCs, relays, gateways, etc. that are used in various applications across industry verticals such as automotive, communication, etc.
Why is Asia Pacific an Opportune Market for Automotive Relay Suppliers?
“High Automotive Manufacturing & Sales to Provide New Growth Opportunities”
The automotive relay market in the Asia Pacific region is anticipated to provide highly attractive and rewarding returns for automotive relay manufacturers throughout the forecast period. The growth in this region can be linked to factors such as increasing sales of vehicles, a growing automotive manufacturing industry, increasing urbanization and digitization, growing disposable income, and rising adoption of advanced electrical systems in vehicles.
China and India are anticipated to be prime markets in this region and are expected to head the overall growth of the relay market in this region through 2032. Car flasher relays, automotive electrical relays, and standard automotive relays are anticipated to be popular in this region over the years to come.
Country-wise Insights
Why is China a Preferred Destination for Automotive Relay Manufacturers?
“Robust Manufacturing Sector & Favorable Government Policies Make China an Attractive Market”
The China automotive relay market is anticipated to be a highly rewarding one for all major and minor market players owing to its robust automotive and manufacturing industries. The government of China has been launching various attractive schemes and initiatives to promote investment in the country’s manufacturing sector and this is expected to favor the automotive relay market potential in the country.
Moreover, the presence of a substantial semiconductor and chip manufacturing industry in the nation is expected to further bolster the automotive relay market potential in China over the next ten years. Low labor costs are also anticipated to attract more automotive relay companies to this country.
Category-wise Insights
Will Increasing Preference for Electric Vehicles Affect Automotive Relay Sales?
“Shipments of Automotive Relays to Rise With Growing Popularity of EVs”
The global automotive relay market, based on vehicle type, is segmented into passenger vehicles, commercial vehicles, and electric vehicles.
Focus on sustainability has witnessed an uproar across the world and headwinds in the automotive industry have shifted the tide from fossil-powered vehicles to electric vehicles. Supportive government initiatives, fluctuating fossil fuel prices, and increasing vehicle electrification are prominent factors that are expected to propel the popularity of electric vehicles over the years to come.
Relays are expected to be crucial in keeping electric vehicles safe and operational, and hence, are anticipated to account for major demand for automotive relays by the end of the forecast period. However, at present, the high sales of passenger cars and hybrid vehicles are expected to uplift automotive relay sales in the passenger vehicles segment for the next couple of years.
Which Automotive Relay Types are Detailed in this Research?
“PCB Relays, Plug-in Relays, & High Voltage Relays Make Up Market Structure”
The global automotive relay market, based on product, is segmented into PCB relays, plug-in relays, & high voltage relays, and others.
The demand for plug-in relays is anticipated to rise at a faster pace than other types of automotive relays throughout the forecast period. The high demand can be ascribed to their simple design and lightweight nature. Easy replacement is also a factor that is expected to favor sales of plug-in relays over the next ten years.
Plug-in relays in vehicles are used for components such as headlamps, radiator fans, ABS (Anti-lock Braking Systems), fuel pumps, etc. PCB relays are anticipated to account for a prominent market share across the forecast period and are expected to be miniaturized to save space in the automotive junction box.
Competitive Landscape
Top companies in the automotive relay industry are focusing on the development and acquisition of new technologies to create advanced automotive relays and improve their business scope on a global level.
- In December 2021, TE Connectivity, a leading name in the automotive relay marketplace acquired the narrow safety relay (NSR) technology from Phoenix Contact, a German manufacturer of industrial relays and interface solutions. TE aimed to use the technology to manufacture NSR relays and bolster its product portfolio to gain a competitive edge over other market players.
Fact.MR, a market research and competitive intelligence provider, has created a detailed assessment of the current and forecast competitive landscape in this latest automotive relay market research report while profiling key companies such as BorgWarner Inc., DENSO Corporation, Eaton Corporation Plc, and Panasonic Corporation.
Key Segments in Automotive Relay Industry Research
-
By Vehicle Type :
- Passenger Vehicles
- Commercial Vehicles
- Electric Vehicles
-
By Product :
- PCB Relays
- Plug-in Relays
- High Voltage Relays
- Others
-
By Application :
- Powertrain Systems
- Body & Chassis
- Convenience
- Safety & Security
- Driver Information
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Global Automotive Relay Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Automotive Relay Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Automotive Relay 3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Automotive Relay Demand 3.1.3.2. Before and After COVID-19 Crisis (Projected) 3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market and Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2020 3.1.4.2. Mid-term and Long Term Forecast 3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 3.1.5. Anticipated Demand and Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points and Recommendations for Suppliers 3.1.9. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Vehicle Type Development Trends 4. Market Background and foundation Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. Automotive Relay – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Automotive Relay 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Market Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. Global Automotive Relay Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032 5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021 5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032, By Vehicle Type 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Vehicle Type, 2017-2021 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Vehicle Type, 2022-2032 6.3.1. Passenger Vehicles 6.3.2. Commercial Vehicles 6.3.3. Electric Vehicles 6.4. Market Attractiveness Analysis By Vehicle Type 7. Global Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032, by Product 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Product , 2017-2021 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product, 2022-2032 7.3.1. PCB Relays 7.3.2. Plug-in Relays 7.3.3. High Voltage Relays 7.3.4. Others 7.4. Market Attractiveness Analysis By Product 8. Global Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032, by Application 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Application, 2017-2021 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2022-2032 8.3.1. Powertrain Systems 8.3.2. Body & Chassis 8.3.3. Convenience 8.3.4. Safety & Security 8.3.5. Driver Information 8.3.6. Others 8.4. Market Attractiveness Analysis By Application 9. Global Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2017-2021 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 10.3.1. By Country 10.3.1.1. U.S. 10.3.1.2. Canada 10.3.2. By Vehicle Type 10.3.3. By Product 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Vehicle Type 10.4.3. By Product 11. Latin America Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Vehicle Type 11.3.3. By Product 11.3.4. By Application 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Vehicle Type 11.4.3. By Product 11.4.4. By Application 12. Europe Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. UK 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Vehicle Type 12.3.3. By Product 12.3.4. By Application 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Vehicle Type 12.4.3. By Product 12.4.4. By Application 13. East Asia Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Vehicle Type 13.3.3. By Product 13.3.4. By Application 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Vehicle Type 13.4.3. By Product 13.4.4. By Application 14. South Asia & Oceania Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Vehicle Type 14.3.3. By Product 14.3.4. By Application 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Vehicle Type 14.4.3. By Product 14.4.4. By Application 15. Middle East and Africa Automotive Relay Market Analysis 2017-2021 and Forecast 2022-2032 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Vehicle Type 15.3.3. By Product 15.3.4. By Application 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Vehicle Type 15.4.3. By Product 15.4.4. By Application 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.3.1. ABB Ltd. 17.3.1.1. Company Overview 17.3.1.2. Vehicle Type overview 17.3.1.3. SWOT Analysis 17.3.1.4. Key Developments 17.3.2. BorgWarner Inc. 17.3.2.1. Company Overview 17.3.2.2. Vehicle Type overview 17.3.2.3. SWOT Analysis 17.3.2.4. Key Developments 17.3.3. DENSO Corporation 17.3.3.1. Company Overview 17.3.3.2. Vehicle Type overview 17.3.3.3. SWOT Analysis 17.3.3.4. Key Developments 17.3.4. Eaton Corporation plc 17.3.4.1. Company Overview 17.3.4.2. Vehicle Type overview 17.3.4.3. SWOT Analysis 17.3.4.4. Key Developments 17.3.5. Fujitsu Limited (Furukawa Co. Ltd.) 17.3.5.1. Company Overview 17.3.5.2. Vehicle Type overview 17.3.5.3. SWOT Analysis 17.3.5.4. Key Developments 17.3.6. HELLA GmbH & Co. KGaA 17.3.6.1. Company Overview 17.3.6.2. Vehicle Type overview 17.3.6.3. SWOT Analysis 17.3.6.4. Key Developments 17.3.7. Littelfuse Inc. 17.3.7.1. Company Overview 17.3.7.2. Vehicle Type overview 17.3.7.3. SWOT Analysis 17.3.7.4. Key Developments 17.3.8. LS Automotive India Pvt Ltd. 17.3.8.1. Company Overview 17.3.8.2. Vehicle Type overview 17.3.8.3. SWOT Analysis 17.3.8.4. Key Developments 17.3.9. Goodsky 17.3.9.1. Company Overview 17.3.9.2. Vehicle Type overview 17.3.9.3. SWOT Analysis 17.3.9.4. Key Developments 17.3.10. OMRON Corporation 17.3.10.1. Company Overview 17.3.10.2. Vehicle Type overview 17.3.10.3. SWOT Analysis 17.3.10.4. Key Developments 17.3.11. Panasonic Corporation 17.3.11.1. Company Overview 17.3.11.2. Vehicle Type overview 17.3.11.3. SWOT Analysis 17.3.11.4. Key Developments 17.3.12. Robert Bosch GmbH 17.3.12.1. Company Overview 17.3.12.2. Vehicle Type overview 17.3.12.3. SWOT Analysis 17.3.12.4. Key Developments 17.3.13. Siemens AG 17.3.13.1. Company Overview 17.3.13.2. Vehicle Type overview 17.3.13.3. SWOT Analysis 17.3.13.4. Key Developments 17.3.14. American Electronic Components 17.3.14.1. Company Overview 17.3.14.2. Vehicle Type overview 17.3.14.3. SWOT Analysis 17.3.14.4. Key Developments 17.3.15. Song Chuan Precision Company 17.3.15.1. Company Overview 17.3.15.2. Vehicle Type overview 17.3.15.3. SWOT Analysis 17.3.15.4. Key Developments 17.3.16. TE Connectivity 17.3.16.1. Company Overview 17.3.16.2. Vehicle Type overview 17.3.16.3. SWOT Analysis 17.3.16.4. Key Developments 18. Assumptions And Acronyms Used 19. Research Methodology
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List Of Table
Table 01: Global Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 02: Global Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 03: Global Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 04: Global Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 05: Global Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 06: Global Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 07: Global Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 08: Global Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 09: Global Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 10: Global Automotive Relay Market Value (US$ Mn) Analysis, by Region, 2017-2021
Table 11: Global Automotive Relay Market Value (US$ Mn) Analysis, by Region, 2022-2032
Table 12: Global Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Region, 2022-2032
Table 13: North America Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 14: North America Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 15: North America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 16: North America Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 17: North America Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 18: North America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 19: North America Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 20: North America Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 21: North America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 22: North America Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 23: North America Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 24: North America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 25: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 26: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 27: Latin America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 28: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 29: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 30: Latin America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 31: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 32: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 33: Latin America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 34: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 35: Latin America Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 36: Latin America Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 37: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 38: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 39: Europe Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 40: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 41: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 42: Europe Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 43: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 44: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 45: Europe Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 46: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 47: Europe Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 48: Europe Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 49: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 50: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 51: East Asia Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 52: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 53: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 54: East Asia Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 55: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 56: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 57: East Asia Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 58: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 59: East Asia Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 60: East Asia Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 61: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 62: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 63: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 64: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 65: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 66: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 67: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 68: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 69: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 70: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 71: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 72: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
Table 73: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 74: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 75: MEA Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 76: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2017-2021
Table 77: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Vehicle Type, 2022-2032
Table 78: MEA Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Vehicle Type, 2022-2032
Table 79: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2017-2021
Table 80: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Product, 2022-2032
Table 81: MEA Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Product, 2022-2032
Table 82: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2017-2021
Table 83: MEA Automotive Relay Market Value (US$ Mn) Analysis, by Application, 2022-2032
Table 84: MEA Automotive Relay Market Value (US$ Mn) Opportunity Analysis, by Application, 2022-2032
More Insights, Lesser Cost (-50% off)
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List Of Figures
Figure 01: Global Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 02: Global Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 03: Global Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 04: Global Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 05: Global Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 06: Global Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 07: Global Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 08: Global Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 09: Global Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 10: Global Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 11: Global Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 12: Global Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 13: Global Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 14: Global Automotive Relay Market Share and BPS Analysis by Region, 2022 & 2032
Figure 15: Global Automotive Relay Market Y-o-Y Growth Projections by Region, 2022-2032
Figure 16: Global Automotive Relay Market Attractiveness Analysis by Region, 2022-2032
Figure 17: North America Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 18: North America Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 19: North America Automotive Relay Market Value Y-o-Y Growth and Forecast, 2032
Figure 20: North America Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 21: North America Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 22: North America Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 23: North America Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 24: North America Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 25: North America Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 26: North America Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 27: North America Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 28: North America Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 29: North America Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 30: North America Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 31: North America Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 32: North America Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 33: Latin America Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 34: Latin America Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 35: Latin America Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 36: Latin America Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 37: Latin America Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 38: Latin America Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 39: Latin America Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 40: Latin America Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 41: Latin America Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 42: Latin America Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 43: Latin America Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 44: Latin America Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 45: Latin America Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 46: Latin America Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 47: Latin America Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 48: Latin America Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 49: Europe Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 50: Europe Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 51: Europe Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 52: Europe Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 53: Europe Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 54: Europe Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 55: Europe Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 56: Europe Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 57: Europe Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 58: Europe Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 59: Europe Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 60: Europe Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 61: Europe Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 62: Europe Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 63: Europe Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 64: Europe Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 65: East Asia Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 66: East Asia Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 67: East Asia Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 68: East Asia Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 69: East Asia Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 70: East Asia Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 71: East Asia Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 72: East Asia Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 73: East Asia Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 74: East Asia Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 75: East Asia Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 76: East Asia Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 77: East Asia Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 78: East Asia Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 79: East Asia Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 80: East Asia Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 81: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 82: South Asia & Oceania Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 83: South Asia & Oceania Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 84: South Asia & Oceania Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 85: South Asia & Oceania Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 86: South Asia & Oceania Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 87: South Asia & Oceania Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 88: South Asia & Oceania Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 89: South Asia & Oceania Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 90: South Asia & Oceania Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 91: South Asia & Oceania Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 92: South Asia & Oceania Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 93: South Asia & Oceania Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 94: South Asia & Oceania Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 95: South Asia & Oceania Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 96: South Asia & Oceania Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Figure 97: MEA Automotive Relay Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 98: MEA Automotive Relay Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 99: MEA Automotive Relay Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 100: MEA Automotive Relay Market Incremental $ Opportunity, 2022-2032
Figure 101: MEA Automotive Relay Market Share Analysis by Country, 2022 & 2032
Figure 102: MEA Automotive Relay Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 103: MEA Automotive Relay Market Attractiveness Analysis by Country, 2022-2032
Figure 104: MEA Automotive Relay Market Share and BPS Analysis by Vehicle Type, 2022 & 2032
Figure 105: MEA Automotive Relay Market Y-o-Y Growth Projections by Vehicle Type, 2022-2032
Figure 106: MEA Automotive Relay Market Attractiveness Analysis by Vehicle Type, 2022-2032
Figure 107: MEA Automotive Relay Market Share and BPS Analysis by Product, 2022 & 2032
Figure 108: MEA Automotive Relay Market Y-o-Y Growth Projections by Product, 2022-2032
Figure 109: MEA Automotive Relay Market Attractiveness Analysis by Product, 2022-2032
Figure 110: MEA Automotive Relay Market Share and BPS Analysis by Application, 2022 & 2032
Figure 111: MEA Automotive Relay Market Y-o-Y Growth Projections by Application, 2022-2032
Figure 112: MEA Automotive Relay Market Attractiveness Analysis by Application, 2022-2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the market size of the automotive relay market?
The global automotive relay market in 2022 is valued at US$ 16.1 billion.
How much will the automotive relay market expand by 2032?
By 2032, the global market for automotive relays is slated to reach US$ 26.5 billion.
What is the projected CAGR for the market for the next ten years?
Demand for automotive relays is projected to increase at a 5.1% CAGR through 2032.
Which is the leading application of automotive relays?
Powertrain systems are the leading application of automotive relays.
Which key companies are profiled in this automotive relay research survey?
BorgWarner Inc., DENSO Corporation, Eaton Corporation plc, Fujitsu Limited (Furukawa Co. Ltd.), HELLA GmbH & Co. KGaA, Littelfuse Inc., LS Automotive India Pvt Ltd., Goodsky, OMRON Corporation, Panasonic Corporation, Robert Bosch GmbH, and Siemens AG are
What are the upcoming trends in the automotive relay market?
Rising demand for vehicle safety and increasing adoption of electronic systems in vehicles are expected to positively impact market growth.
Automotive Relay Market