The primary purpose of a relay is to act as a switch. In addition, they are used to switch between different circuits. Relays in automotive have been in existence since electronics were introduced, and their numbers are still on the rise, due to the increasing electrification of vehicles. Relays consist of an electromagnet, wherein the input current causes the coil to generate a magnetic field, which causes the contacts to meet, and thus, the circuit is established. If the input voltage is insufficient, the contacts will not meet due to the weak magnetic field.
Increasing Use of Electronic Components to Drive the Market
The number of semiconductors, which are used in cars, has increased at almost twice the rate of the vehicle production. Hence, ECUs are more complex currently, with the rise in the number of electronic components, and have a direct impact on the electromagnetic compatibility (EMC) targets. For instance, the shift of the automotive scenario toward X by wire systems (throttle, brake, and gear-shift) has caused the increased adoption of relays in vehicles. A passenger vehicle uses about 30 relays, on an average. Additionally, the increasing vehicle connectivity and sophistication of electronics in vehicles are the factors fueling the global automotive relay market.
Relays have been in use since a few decades. Not many developments have been observed in relays, during the recent past. Few changes or developments that have taken place are the introduction of Solid State Relays and Intelligent Power Distributors (IPDs). These are used as substitutes, due their characteristics, such as multi-purpose functionality, flexibility in component placement and assembly, and increased lifetime, among others.
PCB relays are the most used and are growing the fastest, due to their wide range of applications. Their small size and lightweight properties have increased their usage in vehicles. In the application segment, door lock has the largest share, since current has to distribute from one door to another.
Increasing Electric Vehicle Sales and Adoption of Hybrid Vehicles to Push the Market
Increasing stringent emission regulations have fueled the rise in sales of electric vehicle. The rise in hybridization of vehicles by automakers has created a need for relays in electric vehicles. Although, EVs are not as prominent as ICEs, many steps were taken by the governments of different countries for increasing electric vehicle sales, causing a prolific growth in electric vehicles. The vehicles operate on 48V battery packs, thus, relays for the battery packs are slightly different from the usual relays. However, the basic construction is almost the same, resulting in no excessive capital investment in machinery. Also, economies of scale can be achieved relatively easily.
Key Developments in the Market:
- February 2018: Denso Corporation showcased its new range of relays for electric vehicles.
- January 2018: Toshiba Electronic Devices and Storage Corporation released small dual MOSFET for relays.
Reasons to Purchase this Report:
- A study on the adoption of newer technologies and their effects on the global automotive relay market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- The type of relays that is expected to dominate the market during the forecast period.
- The regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in Excel).
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1.1 Scope of the Study
1.2 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases
3. Market Overview
3.2 Industry Attractiveness - Porter’s Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
5. Global Automotive Relay Market - Segmented by Application
5.1 Locking Systems
5.2 Engine Management Module
5.3 Motors and Pumps
5.5 Others (Power Window, Sunroof, ABS Control, etc)
6. Global Automotive Relay Market - Segmented by Type
6.1 PCB Relay
6.2 Plug-in Relay
6.3 High-power DC Relay (Screw-mounted Replay)
7. Global Automotive Relay Market - by Vehicle Type
7.1 Passenger Car
7.2 Commercial Vehicles
8. Regional Market Analysis
8.1 North America
8.1.1 United States
8.1.4 Rest of North America
8.2.2 United Kingdom
8.2.6 Rest of Europe
8.3.4 South Korea
8.3.5 Rest of Asia-Pacific
8.4 Rest of the World
8.4.2 South Africa
8.4.3 Rest of World
9. Competitive Landscape
9.2 Market Share Analysis
10. Key Vendor Analysis (Overview, Products & Services, and Strategies)
10.1 American Mitsuba Michigan
10.2 ANDEN Co. Ltd
10.3 Robert Bosch GmbH
10.4 Denso Corporation
10.5 Hella KGaA Hueck & Co.
10.6 Hyundai Dymos
10.7 Miyamoto Electric Horn Co. Ltd
10.8 Omron Corp.
10.19 Panasonic Corp.
10.10 Shanghai Hongfa Electroacoustic Co. Ltd
10.11 TE Connectivity Ltd.
10.12 Fujitsu Ltd
10.13 Mitsuba Corporation
10.14 Nidec Corporation
10.15 Johnson Electric
- American Mitsuba Michigan
- ANDEN Co. Ltd
- Robert Bosch GmbH
- Denso Corporation
- Hella KGaA Hueck & Co.
- Hyundai Dymos
- Miyamoto Electric Horn Co. Ltd
- Omron Corp.
- Panasonic Corp.
- Shanghai Hongfa Electroacoustic Co. Ltd
- TE Connectivity Ltd.
- Fujitsu Ltd.
- Nidec Corp.
- Johnson Electric