Automotive Relay Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

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Overview

Automotive Relay Market is forecast to reach $20.1billion by 2025, after growing at a CAGR of 5.15% during 2020-2025. The significant rise in the demand for the electric vehicles and the employment of the relays in the vehicles in analyzed impact on the growth of the Automotive relay market. PCB relays, Plug-in Relay, and high voltage relays are employed in the applications including central locking systems, power window, sunroof, interior lights, lamps (front, rear, fog), ABS control, blower and cooling fans, engine control and fuel pump in automotive.

Key Takeaways

  • Asia-Pacific dominates the Automotive Relay market owing to increasing demand for electric vehicles owing to the wide range of in the electric vehicles.
  • PCB relay is analyzed to hold the highest market share as they can be employed in the handling of switching currents up to 200A for high system voltages.
  • The significant rise in the demand for safety and comfort alongside the increasing electric vehicle sales are analyzed to be the key driving factors of the automotive relay market.

By Product - Segment Analysis

PCB relays are analyzed to hold the highest market share over plug-in and high voltage relays. The PCB relays can be employed in high switching range, provide low noise operation and are available in smaller size which makes them efficient to be employed in the automotive. Moreover they are employed in typical applications including central locking systems, power window, sunroof, interior lights and others, thereby contributing the increasing demand for the PCB relays.

By Vehicle Type - Segment Analysis

Passenger cars hold the highest market share in the year 2018. However the electric vehicles is analyzed to grow at highest rate during the forecast period 2020-2025. The rise in the demand for electric vehicles owing to the environmental impacts caused by vehicular emissions of the conventional vehicles is analyzed to boost the market. In 2019, Volkswagen has announced to invest $66bn in the development of electric vehicles and it has also stated to set up eight electric vehicle manufacturing sites in APAC, North America and Europe. Therefore the increasing investments will certainly drive the electric vehicle market thereby impacting on the significant rise in the demand for the automotive relay market.

Geography - Segment Analysis

APAC dominated the Automotive Relay market with a share -of more than, followed by North America and Europe. It is mainly contributed to the large vehicle production base in this region. Moreover the increasing investments for setting up the electric vehicle production owing to the increasing demand for the electric vehicles in China, Japan, India and so on are analyzed to impact on the growth of the market. As per industryARC analysis, China is analyzed to grow at a highest rate in the electric vehicle market. This is mainly due to the significant rise in the investments in the electric vehicles in this region. In 2019, NIO has received $1.5bn investment and WM motors, investments of $2.27bn as of 2019. These investments are analyzed to boost the growth of the electric vehicle manufacturing locations thereby elevating the growth of the automotive relay market during the forecast period.

Drivers – Automotive Relay Market

·         Growing demand for electric vehicles

In order to meet zero emission targets under the “Paris Climate Accord”, in 2017, France government has announced that it will   ban diesel and gasoline-powered vehicles completely and switch to electric powered vehicles by 2040. In an electric vehicle more than 20 relays are deployed therefore the growth in the electric vehicle market is analyzed to impact on the growth of the relay market.

Challenges – Automotive Relay Market

·         Lack in the standardization of the relay design

Due to the lack in the standardization of the relay design, there are number of relay manufacturers alongside involvement of local players in the aftermarket. Therefore these factors are acting as the challenges for the automotive relay market restraining the growth of the market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Automotive Relay market. In 2018, the market of Automotive Relay has been consolidated by the top five players TE Connectivity, Omron Corporation, Panasonic, HELLA KGAA HUECK & CO., Fujitsu among others.

Acquisitions/Technology Launches

Ø  In June, 2019, JLR and BMW have announced to collaborate for the development of the electric vehicle technologies.

Ø  In September 2018, TE Connectivity has launched CII FC-335 SERIES relays. These relays are designed for harsh inductive, motor, and lamp load applications in the aerospace, defense, and marine industries.


1. Automotive Relay Market - Overview
        1.1 Definitions and Scope
2. Automotive Relay Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Automotive Relay Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Automotive Relay Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Automotive Relay Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Automotive Relay Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Automotive Relay Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Automotive Relay Market - By Product (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Pcb Relay
8.3.2 Plug-In Relay
8.3.3 High Voltage Relay
9. Automotive Relay Market - By Vehicle Type (Market Size -$Million / $Billion)
9.1 Passenger Vehicle
9.2 Commercial Vehicle
9.3 Electric Vehicle
10. Automotive Relay - By Application (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Capacitive Load
10.3.2 Inductive Load
10.3.3 Hvac
10.3.4 Engine Management Module
10.3.5 Fog Light
10.3.6 Ab Module
10.3.7 Front And Rear Beam
10.3.8 Power Window
10.3.9 Central Lock
10.3.10 Cooling Fan
10.3.11 Clutch
11. Automotive Relay- By Geography (Market Size -$Million / $Billion)
        11.1 Automotive Relay Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Automotive Relay- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Automotive Relay- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Automotive Relay - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Automotive Relay - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Automotive Relay Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Automotive Relay Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Automotive Relay Market - Key Company List by Country Premium
15. Automotive Relay Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Abb Group
        15.3 American Zettler Inc
        15.4 Beta Electric Industry Co Ltd
        15.5 Coroplast Tape Corporation
        15.6 Coto Technology
        15.7 Crydom
        15.8 Delphi Automotive Plc
        15.9 Deltrol Control
        15.10 Denso Corporation
        15.11 Eaton Corporation Plc
        15.12 Fujikura Ltd
        15.13 Fujitsu Limited
        15.14 Furukawa Electric Co., Ltd
        15.15 Good Sky Electric Co , Ltd
        15.16 Hella Kgaa Hueck Co
        15.17 Idec Corporation
        15.18 Kromberg Schubert Kg
        15.19 L Automotive Corporation
        15.20 Lear Corporation
        15.21 Leoni Ag
        15.22 Littelfuse Inc
        15.23 Megatone Electronics Corp
        15.24 Minda Corporation Limited
        15.25 Nec Corporation
        15.26 Omron Corporation
        15.27 Panasonic Corporation
        15.28 Pkc Group Oyj
        15.29 Samvardhana Motherson Group
        15.30 Sharp Corporation
        15.31 Sumitomo Electric Industries, Ltd
        15.32 Te Connectivity Ltd
        15.33 Teledyne Relay
        15.34 Thb Group
        15.35 Yazaki Corporation
        15.36 Company 35
        15.37 Company 36 & More
*Financials would be provided on a best efforts basis for private companies
16. Automotive Relay Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Automotive Relay Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Automotive Relay Market Size 2018
2 Canada Automotive Relay Market Share 2018
3 Brazil Automotive Relay Market Outlook 2019 - 2023
4 Mexico Automotive Relay Market Research 2018
5 Germany Automotive Relay Market Trends 2019 - 2023 
6 France Automotive Relay Market Growth 2019 - 2023 
7 UK Automotive Relay Market Demand 2019 - 2023 
8 Italy Automotive Relay Market Segmentation 2018
9 Russia Automotive Relay Market Analysis 2019 - 2023
10 China Automotive Relay Market Revenue 2019 - 2023
11 Japan Automotive Relay Market Volume 2019 - 2023
12 South Korea Automotive Relay Market Potential 2019 - 2023
13 India Automotive Relay Market Leaders 2018
14 Saudi Arabia Automotive Relay Market Forecast 2019 - 2023 
15 Kuwait Automotive Relay Market Value 2018

List of Figures

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