DUBLIN—The "Automotive Relay Market by Type, Load & Application, ICE & EV and 48V Relay Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The automotive relay market is projected to grow at a CAGR of 6.20% during the forecast period, to reach a market size of USD 16.75 billion by 2022.

Automotive electronics play an important role in maintaining fuel efficiency, safety standards, comfort, and connectivity. Hence, OEMs are focused towards the modernization of vehicle. As a result, the mechanical operations of a vehicle are getting replaced by electronic systems. These include airbags, anti-lock brake controls, wiper controls, and others. The demand for electronics systems is driving the automotive relay market. On the other hand, the unavailability of a standard relay design is a restraint for the automotive relay market as relays can be categorized by terminal arrangements and different functions. Due to this flexibility, a relay can be designed according to its usability. Hence, OEMs develop automotive relays by adhering to their standards of relay specification.

PCB relays are projected to lead the automotive relay market, in terms of volume and value, during the forecast period. Automakers are seeing demand for smaller devices that are capable of carrying greater current loads. The main reason for using PCB relays is its miniaturized size, which saves considerable space in the automobile junction box. The major applications where PCB relays are employed are ABS, cruise control, doors, power steering, power windows, sunroof, and others. Asia-Oceania and Europe are estimated to be the fastest growing markets for PCB relay. Asia-Oceania has the highest market share in the automotive relay market.

Companies Mentioned

  • ABB
  • Alstom
  • American Zettler
  • Delphi Automotive LLP
  • Denso Corporation
  • Eaton
  • Fujitsu
  • Hella KGaA Hueck & Co.
  • Mitsuba Corporation
  • NEC Corporation
  • Omron Corporation
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Siemens Ag
  • Te Connectivity Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Automotive Relay Market, By Relay Type & Region

7 Automotive Relay Market, By Load Type, Application, Vehicle Type & Region

8 Automotive Relay Market for 48v Architecture Vehicle

9 Electric Vehicle Relay Market, By Vehicle Type & Region

10 Automotive Relay Market, By Country & Vehicle Type

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/ntj9lx/automotive_relay

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Related Topics: Telematics and Vehicle Electronics, Electric and Hybrid Vehicles