Automotive Relay Market

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• Automotive Relay Market to Touch 16.75 Billion
  USD by 2022

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The Automotive Relay Market is estimated to be
USD 12.39 billion in 2017 and is projected to
grow at a CAGR of 6.20 during the forecast
period. The base year considered for the study is
2016 and the forecast period is 2017 to 2022.
Factors such as increasing trend of vehicle
electrification, stringent emission norms, and
fuel efficiency standards are driving the
automotive relay market across the globe. Also,
increasing demand for premium and mid-priced
passenger cars has increased the comfort and
luxury applications in the car, which has, in
turn, boosted the global market.
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Target Audience Of Automotive Relay Market

• Suppliers of automotive relay
• Raw material manufacturers of automotive relay
  components (suppliers for Tier I)
• Traders, distributors, and suppliers of
  automotive relay components or raw materials
• Regional manufacturer associations
• Automotive OEMs
• Organized and unorganized aftermarket suppliers
• Governments national and regional environmental

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Scope Of The Automotive Relay Market

• Automotive Relay Market, By Product Type
• PCB Relay
• Plug-in Relay
• High Voltage Relay
• Protective Relay
• Signal Relay
• Time Relay

• Electric Vehicle Relay Market, By Vehicle Type
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)

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Key players of Automotive Relay Market

• TE Connectivity (Switzerland)
• Panasonic Corporation (Japan)
• Denso Corporation (Japan)
• Omron Corporation (Japan)
• American Zettler (U.S.)

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Asia-oceania region is estimated to be the
leading market for automotive relayAsia-oceania
is estimated to dominate the automotive relay
market, as the region represents countries such
as china, japan, south korea, and india with the
worlds highest vehicle production. According to
the organisation internationale des constructeurs
dautomobiles (OICA) publication, these countries
together contributed 53 to the global vehicle
production in 2016. Additionally,countries like
china and india have become manufacturing hubs
for automobiles. Chinas initiative to reduce
sales tax for passenger vehicles is expected to
expand the overall volume of vehicle production
by 1516 in 2016. India is also expected to be
the fastest growing market due to increasing
disposable income of people. The light vehicle
sales in india showed a positive development in
the second quarter of 2016, and new models and
compact suvs are driving the demand for vehicles.
Increased sales would influence the automotive
relay market
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Browse 108 market data tables and 57 figures
spread through 197 pages and in-depth TOC
on "Automotive Relay Market by Type (PCB,
Plug-In, High Volt, Protective, Time), Load
Application (Door Lock, Power Window, Sunroof,
Power Seat, EPS, Lighting, Fuel Injection, AC,
Starter, Horn, Wiper), ICE EV, and 48V Relay
Market - Global Forecast to 2022This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.

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