Automotive Relay Market Share, Size: Global Analysis, Industry, Share Leaders, Major Key vendors and Trends by Forecast to 2024

Automotive Relay Market Share, Size: Global Analysis, Industry, Share Leaders, Major Key vendors and Trends by Forecast to 2024

Press Release

The Study On The ‘Automotive Relay Market’, Now Available With Market Study Report, Llc, Introduces Systematic Details In Terms Of Market Valuation, Market Size, Revenue Estimation, And Geographical Spectrum Of The Business Vertical. The Study Also Offers A Precise Analysis Of The Key Challenges And Growth Prospects Awaiting Key Players Of The Automotive Relay Market, Including A Concise Summary Of Their Corporate Strategies And Competitive Setting.

 

Automotive Relay Market is estimated to surpass USD 18 billion by 2024; according to a new research report by Global Market Insights, Inc.

 

North America industry was valued at over USD 2 billion in 2016 and is expected to exhibit 5% CAGR in the projected time line owing to the matured automobile industry in the region. Moreover, the presence of well-established players will strengthen the regional business position over the next eight years. Rising product aftermarket demand from countries like Mexico will further induce immense potential to the automotive relay market growth rate till 2024.

 

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Continuously rising demand for innovative products along with growing automobile production is boosting the industry growth over the forecast timespan. Industry gains are credited to advancements in miniaturization and high contact capability development to address limitations during its employment in the vehicles’ ECU. Ongoing developments in printed circuit boards (PCBs) have led to replacement of complex and traditional relays. Technological advancements also support in weight reduction and ease of installation.

 

Government norms to enhance safety and security will generate revenue over the projected time span. Mandating on the installation of automobile safety systems is anticipated to fuel the industry . Several regulatory bodies such as National Highway Traffic Safety Administration (NHTSA) in the U.S. has addressed on obligatory installation of these security devices in the vehicles. European Directives regarding incorporation of road safety features into automobiles and fuel efficiency standards will further gain advantage in the industry revenue generation. Additional number of relays are required for ensuring total road safety and is likely to drive the automotive relay market .

 

Advent of nascence technology in the automobile industry may introduce advanced electronic device in the next eight years. This product improves the intelligent transportation systems, automobile safety, and space consumption. Innovations will aid in improving quality, flexibility, production time tables, functionality, and efficiency. Developments in Internet of Things and semiconductors will further drive the industry demand over the study period.

 

Convenience systems holds the highest industry revenue share and will continue its dominance over the forecast timeframe. The modern HVAC systems in vehicles are equipped with numerous switches for the ease of driver. In 2016, convenience systems accounted for over 34% of the automotive relay market share in terms of unit shipments.

 

Electronic power steering is one of the convenience system that witnesses high product adoption rate owing to its specifications such as large switching capacity, space saving, compact , and high level of compatibility. Due to these notable features, the product acceptance is also high in other convenience applications including infotainment, interior lights, and keyless entry systems, supporting the automotive relay market dominance over the forecast time line.

 

ABB, TE Connectivity, Cynergy3 Components Corporation, Denso Corporation, Fujitsu, Eaton Corporation, Omron Corporation, Littelfuse, and NEC Corporation are among the prominent players in the automotive relay market share. Other notable players include Idec Corporation, Panasonic Corporation, Relpol, Sharp Corporation, Salzer Electronics, Microsemi Corporation, and Rectifier Corporation.

 

Powertrain systems are anticipated to account for approximately 23.5% industry revenue share over the forecast timeline owing to high usage of plug-in relays in these systems. Plug-in relays are preferred in powertrain systems due to its features such as ability to sustain in elevated temperatures, fluctuations, and vibrations. The powertrain systems are susceptible to frequent voltage fluctuations along with high surge loads, thus require high switching capacity, and escalating the industry demand over the next eight years.

 

Asia Pacific is anticipated to dominate the industry revenue share over the forecast timeframe. This growth is attributed to increased vehicle manufacturing across the region, especially in emerging economies including India, China, and Indonesia. China is a substantial contributor in the regional industry revenue generation. Increasing automobile production coupled with rising domestic demand will propel the country’s share over the projected time span.

 

Industry players witness intense competition owing to design expertise, innovation, and strong distribution channels. Players focus on product enhancement that will lead to efficient automobile functioning and improves driver experience. Many automakers have substantially improved fuel efficiency and reduced carbon footprint as a corporate priority. Numerous manufacturers are accredited with standards such as ISO/TS16949, that covers total quality management system and addresses cost performance, along with ongoing improvements.

 

Automotive relay market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in million units and revenue in USD million from 2012 to 2024, for the following segments:

 

Automotive Relay Market by Product

 

PCB Relay

Plug-in Relay

 

Automotive Relay Market by Application

 

Powertrain systems

Body and chassis

Convenience

Safety & Security

Driver information

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Report Content:

 

Chapter 1    Methodology & Scope

 

1.1    Methodology

 

1.1.1    Initial data exploration

 

1.1.2    Statistical model and forecast

 

1.1.3    Industry Insights and validation

 

1.1.4    Scope, definitions, and forecast parameters

 

1.1.4.1    Definitions

 

1.1.4.2    Vehicle Production Methodology

 

1.1.4.3    Market Engineering

 

1.1.4.4    Estimated automobile production capacity of various countries in 2015

 

1.1.4.5    Key information gained from primary sources

 

1.1.4.6    To further validate our research, there had been a vivid study on automobile pricing in various countries

 

1.1.4.7    Forecast and parameters

 

1.2    Data Sources

 

1.2.1    Secondary

 

1.2.2    Primary

 

Chapter 2    Executive Summary

 

2.1    Automotive relay industry 360 degree synopsis, 2012 – 2024

 

2.1.1    Business trends

 

2.1.2    Product trends

 

2.1.3    Application trends

 

2.1.4    Regional trends

 

Chapter 3    Automotive Relay Industry Insights

 

3.1    Industry segmentation

 

3.2    Industry landscape, 2012 – 2024

 

3.3    Industry ecosystem analysis

 

3.3.1    Raw material suppliers

 

3.3.2    Manufacturers

 

3.3.3    Profit margin analysis

 

3.3.4    Distribution channel analysis

 

3.3.4.1    B2B

 

3.3.4.2    Aftermarket

 

3.3.5    End-users

 

3.3.6    Vendor matrix

 

3.4    Technology landscape

 

3.4.1    Insert Molding Technology

 

3.4.2    Bistable (Latching) Technology

 

3.5    Regulatory landscape

 

3.5.1    U.S.

 

3.5.1.1    Underwriter’s Laboratories, Inc.

 

3.5.1.2    National Electrical Code

 

3.5.1.1    SAE J1772

 

3.5.2    EU

 

3.5.2.1    VDE (Verband Deutschen Elektrotechniker envy.)

 

3.5.2.2    International Electrotechnical Commission (IEC)

 

3.5.2.3    RoHS and ELV

 

3.5.3    China

 

3.6    Industry impact forces

 

3.6.1    Growth drivers

 

3.6.1.1    Considerable automobile safety regulations

 

3.6.1.2    Growing electronic content in vehicles

 

3.6.2    Industry pitfalls & challenges

 

3.6.2.1    Standardization concerns

 

3.7    Innovation & sustainability

 

3.8    Growth potential analysis

 

3.9    Porter’s analysis

 

3.10   Competitive landscape

 

3.10.1    Market share analysis, 2016

 

3.10.2    Strategy dashboard

 

3.11     PESTEL analysis

 

Chapter 4    Automotive Relay Market, By Product

 

4.1    Global automotive relay market share by product, 2016 & 2024

 

4.2    PCB relay

 

4.2.1    Market estimates and forecast from PCB relay, 2012 – 2024, (Million Units) (USD Million)

 

4.2.2    Market estimates and forecast from PCB relay by region, 2012 – 2024, (Million Units) (USD Million)

 

4.3    Plug-in relay

 

4.3.1    Market estimates and forecast from plug-in relay, 2012 – 2024, (Million Units) (USD Million)

 

4.3.2    Market estimates and forecast from plug-in relay by region, 2012 – 2024, (Million Units) (USD Million)

 

Chapter 5    Automotive Relay Market, By Application

 

5.1    Global automotive relay market share by application, 2016 & 2024

 

5.2    Powertrain systems

 

5.2.1    Market estimates and forecast for powertrain systems, 2012 – 2024, (Million Units) (USD Million)

 

5.2.2    Market estimates and forecast for powertrain systems by region, 2012 – 2024, (Million Units) (USD Million)

 

5.3    Body & chassis

 

5.3.1    Market estimates and forecast for body & chassis, 2012 – 2024, (Million Units) (USD Million)

 

5.3.2    Market estimates and forecast for body & chassis by region, 2012 – 2024, (Million Units) (USD Million)

 

5.4    Convenience

 

5.4.1    Market estimates and forecast for convenience, 2012 – 2024, (Million Units) (USD Million)

 

5.4.2    Market estimates and forecast for convenience by region, 2012 – 2024, (Million Units) (USD Million)

 

5.5    Safety & security

 

5.5.1    Market estimates and forecast for safety & security, 2012 – 2024, (Million Units) (USD Million)

 

5.5.2    Market estimates and forecast for safety & security by region, 2012 – 2024, (Million Units) (USD Million)

 

5.6    Driver information

 

5.6.1    Market estimates and forecast for driver information, 2012 – 2024, (Million Units) (USD Million)

 

5.6.2    Market estimates and forecast for driver information by region, 2012 – 2024, (Million Units) (USD Million)

 

Chapter 6    Automotive Relay Market, By Region

 

6.1    Global automotive relay market share by region, 2016 & 2024

 

6.2    North America

 

6.2.1    North America market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.2.2    North America market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.2.3    North America market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.2.4    U.S.

 

6.2.4.1    U.S. market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.2.4.2    U.S. market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.2.4.3    U.S. market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.2.5    Mexico

 

6.2.5.1    Mexico market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.2.5.2    Mexico market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.2.5.3    Mexico market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.2.6    Canada

 

6.2.6.1    Canada market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.2.6.2    Canada market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.2.6.3    Canada market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3    Europe

 

6.3.1    Europe market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.2    Europe market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.3    Europe market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.4    Germany

 

6.3.4.1    Germany market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.4.2    Germany market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.4.3    Germany market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.5    UK

 

6.3.5.1    UK market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.5.2    UK market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.5.3    UK market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.6    France

 

6.3.6.1    France market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.6.2    France market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.6.3    France market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.7    Italy

 

6.3.7.1    Italy market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.7.2    Italy market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.7.3    Italy market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.8    Spain

 

6.3.8.1    Spain market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.8.2    Spain market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.8.3    Spain market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.9    Russia

 

6.3.9.1    Russia market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.9.2    Russia market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.9.3    Russia market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.10    Poland

 

6.3.10.1    Poland market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.10.2    Poland market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.10.3    Poland market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.11    Switzerland

 

6.3.11.1    Switzerland market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.11.2    Switzerland market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.11.3    Switzerland market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.3.12    Netherlands

 

6.3.12.1    Netherlands market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.3.12.2    Netherlands market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.3.12.3    Netherlands market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4    Asia Pacific

 

6.4.1    Asia Pacific market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.2    Asia Pacific market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.3    Asia Pacific market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.4    China

 

6.4.4.1    China market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.4.2    China market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.4.3    China market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.5    India

 

6.4.5.1    India market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.5.2    India market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.5.3    India market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.6    Japan

 

6.4.6.1    Japan market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.6.2    Japan market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.6.3    Japan market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.7    South Korea

 

6.4.7.1    South Korea market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.7.2    South Korea market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.7.3    South Korea market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.8    Vietnam

 

6.4.8.1    Vietnam market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.8.2    Vietnam market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.8.3    Vietnam market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.9    Australia

 

6.4.9.1    Australia market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.9.2    Australia market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.9.3    Australia market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.4.10    Thailand

 

6.4.10.1    Thailand market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.4.10.2    Thailand market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.4.10.3    Thailand market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.5    Latin America

 

6.5.1    Latin America market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.5.2    Latin America market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.5.3    Latin America market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.5.4    Brazil

 

6.5.4.1    Brazil market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.5.4.2    Brazil market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.5.4.3    Brazil market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.5.5    Argentina

 

6.5.5.1    Argentina market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.5.5.2    Argentina market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.5.5.3    Argentina market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.6    Middle East & Africa

 

6.6.1    Middle East & Africa market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.6.2    Middle East & Africa market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.6.3    Middle East & Africa market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.6.4    Egypt

 

6.6.4.1    Egypt market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.6.4.2    Egypt market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.6.4.3    Egypt market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.6.5    Iran

 

6.6.5.1    Iran market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.6.5.2    Iran market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.6.5.3    Iran market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.6.6    South Africa

 

6.6.6.1    South Africa market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.6.6.2    South Africa market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.6.6.3    South Africa market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

6.6.7    Turkey

 

6.6.7.1    Turkey market estimates and forecast, 2012 – 2024, (Million Units) (USD Million)

 

6.6.7.2    Turkey market estimates and forecast, by product, 2012 – 2024, (Million Units) (USD Million)

 

6.6.7.3    Turkey market estimates and forecast, by application, 2012 – 2024, (Million Units) (USD Million)

 

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