Automotive Relay Market Research Report with Key Players Analysis, Trends and Growth Forecast till 2022

The global market discussion on automotive relay industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Relay Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive relay market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Rising presence of electronic devices is favoring the sales of automobiles. Manufacturers of passenger cars are increasing the presence of electronic devices, which is incidentally boosting the adoption of automotive relays. On an average, every vehicle available commercially will be having at least 20 automotive relays. This number is increasing for specific offerings, owing to improving compatibility of relays in boosting the vehicle’s overall performance. Fact.MR’s latest study on the global automotive relays market offers a forecast on how automotive relays will incur reforms due to consumer preferences, manufacturing strategies, regulations and government initiatives.

Automotive relays are small components and do not cost a lot on the manufacturing side. Automakers can switch to different types of automotive relays without flexing their spending. In 2017, the global automotive relays market is expected to reach a value of US$ 12 Bn. Increasing dependency of other on-board electronic features in vehicles on automotive relays is also driving their demand. By the end of 2022, the global automotive relays market will reflect a steady growth at steady CAGR and bring in US$ 15.6 Bn in revenues.

Resistance to change a challenge in automotive relay market

Vehicle suppliers and OEM’s have taken cognizance of the fact that the need to shift to newer technologies will arise sooner or later. The rapid advancements in areas such as FCEV, BEV, and ICE have been recognized but there is a great degree of reluctance on the part of manufacturers to adopt to the 21st century. While ICE’s have been naturalized to a great extent, technology has also impacted BEV’s. The uncertainty is expected to continue for some time and this will impact the automotive relay market. The reluctance of end-users and automakers means that the influence of new technologies will be somewhat limited. The global automotive relay market is poised to grow to nearly US$ 15.7 billion in 2022, recording a healthy CAGR.

PCB relay and Plug-in relay have similar share in automotive relay market

The PCB relay segment of the automotive relay market is anticipated to grow with a robust CAGR and reach a value of US$ 9.3 billion in 2022. The revenue share of PCB relay segment is expected to gain traction at the end of 2017, while that of plug-in relay will also witness marginal changes. The plug-in relay segment should grow at a moderate CAGR and rise to a market value of US$ 6.4 billion at the end of the forecast period. APEJ is the largest regional contributor for both PCB relays and plug-in relays and it accounts for more than two-fifth of the automotive relay market in either case.

Competition Tracking

Delphi Automotive Plc., HELLA KGaA Hueck & Co., Eaton Corporation PLC, TE Connectivity Ltd, Panasonic Corporation, Denso Corporation, Fujitsu Limited, and Infineon Technologies AG are key companies in the global automotive relay market, which are comprehensively profiled in the report.

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Table of Content:

Chapter 1. Global Automotive Relay Market – Executive Summary. 26

Chapter 2. Global Automotive Relay Market Overview. 28
2.1. Introduction. 28
2.1.1. Global Automotive Relay Market Taxonomy. 28
2.1.2. Global Automotive Relay Market Definition. 28
2.2. Global Automotive Relay Market Size (US$ Mn) and Forecast, 2012-2022. 28
2.2.1. Global Automotive Relay Market Y-o-Y Growth. 28
2.3. Global Automotive Seat Market: Macroeconomic Factors. 29
2.4. Global Automotive Seat Market: Impact Factor Analysis. 31
2.5. Supply Chain. 32
2.6. Cost Structure. 33
2.7. Key Participants Market Presence (Intensity Map) By Region. 33

Chapter 3. Global Relay Market Analysis and Forecast By Product Type. 34
3.1. Global Automotive Relay Market Size and Forecast By Product Type, 2012-2022. 34
3.1.1. PCB Relay Automotive Relay Market Size and Forecast, 2012-2022. 34
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 34
3.1.1.2. Market Share Comparison, By Region. 35
3.1.1.3. Y-o-Y growth Comparison, By Region. 36
3.1.2. Plug-in Relay Automotive Relay Market Size and Forecast, 2012-2022. 36
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 36
3.1.2.2. Market Share Comparison, By Region. 38
3.1.2.3. Y-o-Y growth Comparison, By Region. 38

Continued….

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