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Global Automotive Relay Market (2021-2026) by Type, Application, Ampere, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 185 Pages
  • April 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5392873
The Global Automotive Relay Market is estimated to be USD 21.2 Bn in 2021 and is expected to reach USD 29.32 Bn by 2026, growing at a CAGR of 6.7%.

Market Dynamics

The increasing adoption of electronic vehicles is majorly driving the growth of the automotive relay market. In addition, increasing vehicle safety regulations by the government is fuelling the market growth. Higher power requirement for heavy equipment to operate in harsh environments and rising demand for light, faster and lower fuel consumption propels the market growth. The increasing technological advancement in vehicles such as traffic information in GPS and weather information is anticipated to escalate the market revenue. However, the lack of standardization in relay design and availability of large independent aftermarkets is restraining the market.

Increasing R&D to launch new products is anticipated to pave new opportunities for the market during the forecast period.

Market Segmentation

The Global Automotive Relay Market is segmented further based on Type, Application, Ampere, and Geography.

By Type, the market is classified into printed circuit board (PCB) relay, plug-in relay, high voltage relay, protective relay, signal relay, and, time relay. Amongst all, the printed circuit board (PCB) relay segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as locking system, engine management module, lamps/lights, and others. Amongst all, the locking system segment is estimated to hold the highest market share during the forecast period.

By Ampere, the market is classified as 5A-15A relay, 16A-35A relay, and >35A relay. Amongst all, the 16A-35A relay segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Alstom completed the acquisition of Bombardier Transportation- rail business. With this acquisition, the company has increased its commercial reach and solution portfolio. - 29th January 2021.
2. BorgWarner Completes Acquisition of Delphi Technologies which is focused on clean technologies to increase efficiency and performance of modern vehicles. - 1st October 2020.

Company Profiles

Some of the companies covered in this report TE Connectivity, Siemens AG, Panasonic Corporation, Hella KGaA Hueck & Co, Fujitsu Limited, Hongfa Technology Co., Robert Bosch GmbH, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?
  • The report offers a comprehensive evaluation of the Global Automotive Relay Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Automotive Relay Market

What is the estimated value of the Global Automotive Relay Market?

The Global Automotive Relay Market was estimated to be valued at $21200 Million in 2021.

What is the growth rate of the Global Automotive Relay Market?

The growth rate of the Global Automotive Relay Market is 6.7%, with an estimated value of $29320 Million by 2026.

What is the forecasted size of the Global Automotive Relay Market?

The Global Automotive Relay Market is estimated to be worth $29320 Million by 2026.

Who are the key companies in the Global Automotive Relay Market?

Key companies in the Global Automotive Relay Market include TE Connectivity, ABB Ltd, Airotronics, American Zettler, Inc, Circuit Interruption Technology, Inc., Deltrol Corp, Denso Corporation, Fujitsu Limited and Hongfa Technology Co..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Demand for Vehicles
4.1.2 Rising Demand of Safety and Conform In Driving
4.2 Restraints
4.2.1 No Standard Relay Design
4.2.2 Availability of Connected Smart Junction Box and Smart Fuse Box in Vehicles
4.3 Opportunities
4.3.1 Government Initiatives in Increasing Demand of Electronic Vehicles
4.3.2 Adoption of DC Motor in Automotive Body Electronics
4.4 Challenges
4.4.1 Involvement of Large Independent Aftermarket Players
4.4.2 Rising Demand for Safety and Confort in Driving
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Automotive Relay Market, By Type
6.1 Introduction
6.2 Printed Circuit Board (PCB) Relay
6.3 Plug-in Relay
6.4 High Voltage Relay
6.5 Protective Relay
6.6 Signal Relay
6.7 Time Relay
7 Global Automotive Relay Market, By Application
7.1 Introduction
7.2 Locking System
7.3 Engine Management Module
7.4 Lamps/Lights
7.5 Others (Power Window, Sunroof, ABS Control, etc.)
8 Global Automotive Relay Market, By Ampere
8.1 Introduction
8.2 5A-15A Relay
8.3 16A-35A Relay
8.4 >35A Relay
9 Global Automotive Relay Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 TE Connectivity
11.2 ABB Ltd
11.3 Airotronics
11.4 American Zettler, Inc
11.5 Circuit Interruption Technology, Inc.
11.6 Deltrol Corp
11.7 Denso Corporation
11.8 Fujitsu Limited
11.9 Hella KGaA Hueck & Co
11.10 Hongfa Technology Co.
11.11 IDEC Corporation
11.12 Littelfuse, Inc
11.13 MITSUBA Corporation
11.14 Nidec Corporation
11.15 Siemens AG
11.16 Panasonic Corporation
11.17 Picker Components
11.18 Prestolite Electric Incorporated
11.19 Robert Bosch GmbH
11.20 WAGO Kontakttechnik GmbH & Co.
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • TE Connectivity
  • ABB Ltd
  • Airotronics
  • American Zettler, Inc
  • Circuit Interruption Technology, Inc.
  • Deltrol Corp
  • Denso Corporation
  • Fujitsu Limited
  • Hella KGaA Hueck & Co
  • Hongfa Technology Co.
  • IDEC Corporation
  • Littelfuse, Inc
  • MITSUBA Corporation
  • Nidec Corporation
  • Siemens AG
  • Panasonic Corporation
  • Picker Components
  • Prestolite Electric Incorporated
  • Robert Bosch GmbH
  • WAGO Kontakttechnik GmbH & Co.