Automotive relays are common types of electromechanical relay which are utilized relays in all kinds of trucks, car, vans, and trailers. Automotive relays are used to permit a low ampere circuit to switch on or off a higher ampere circuit such as turning on the headlights in vehicle. The high demand for electronic power steering (EPS), car interior lighting, seat control, sunroof control, communications, infotainment systems, and automatic lock systems will also boost the demand of automotive relay in the market
MARKET SCOPE
The "Global Automotive Relay Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a focus on the global market trend. The report aims to provide an overview of global automotive relay market with detailed market segmentation by system, services and geography. The global automotive relay market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the market is segmented as PCB relay, protective relay, high voltage relay and plug-in relay.
- On basis of application the automotive relay market is segmented as locking system, engine management module, lamps/lights, and others.
MARKET DYNAMICS
Drivers:
- Encouragement of government initiatives related to vehicle safety will lead to increase the demand of automotive relay in forecast period.
- The growing production of EVs.
Restraints:
- The deficiency of standardization in the automotive industry, mostly in developing countries is expected to hamper the automotive relay market..
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive relays market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive relays market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive relays market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive relays market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE RELAYS MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturers in 2020. However, the construction industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive relays market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive relays market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive relays market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive relays market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE RELAYS MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturers in 2020. However, the construction industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
MARKET PLAYERS
The reports cover key developments in the automotive relays market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive relays market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive relays in the global market. Below mentioned is the list of few companies engaged in the automotive relays market.
The report also includes the profiles of key automotive relays companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Beta Electric
- ABB Ltd
- Honda Motor Co. Ltd
- American Zettler Inc.
- Panasonic Corporation
- Denso Corporation
- Nippon-Aleph
- Omron Corporation
- NEC Corporation
- Salzer Electronics Ltd.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Relay Market - By Type
1.3.2 Automotive Relay Market - By Application
1.3.3 Automotive Relay Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE RELAY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE RELAY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AUTOMOTIVE RELAY MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE RELAY - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE RELAY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AUTOMOTIVE RELAY MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PCB RELAY
7.3.1. Overview
7.3.2. PCB Relay Market Forecast and Analysis
7.4. PROTECTIVE RELAY
7.4.1. Overview
7.4.2. Protective Relay Market Forecast and Analysis
7.5. HIGH VOLTAGE RELAY
7.5.1. Overview
7.5.2. High Voltage Relay Market Forecast and Analysis
7.6. PLUG-IN RELAY
7.6.1. Overview
7.6.2. Plug-in Relay Market Forecast and Analysis
8. AUTOMOTIVE RELAY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LOCKING SYSTEM
8.3.1. Overview
8.3.2. Locking System Market Forecast and Analysis
8.4. ENGINE MANAGEMENT MODULE
8.4.1. Overview
8.4.2. Engine Management Module Market Forecast and Analysis
8.5. LAMPS/LIGHTS
8.5.1. Overview
8.5.2. Lamps/Lights Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. AUTOMOTIVE RELAY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Automotive Relay Market Overview
9.1.2 North America Automotive Relay Market Forecasts and Analysis
9.1.3 North America Automotive Relay Market Forecasts and Analysis - By Type
9.1.4 North America Automotive Relay Market Forecasts and Analysis - By Application
9.1.5 North America Automotive Relay Market Forecasts and Analysis - By Countries
9.1.5.1 United States Automotive Relay Market
9.1.5.1.1 United States Automotive Relay Market by Type
9.1.5.1.2 United States Automotive Relay Market by Application
9.1.5.2 Canada Automotive Relay Market
9.1.5.2.1 Canada Automotive Relay Market by Type
9.1.5.2.2 Canada Automotive Relay Market by Application
9.1.5.3 Mexico Automotive Relay Market
9.1.5.3.1 Mexico Automotive Relay Market by Type
9.1.5.3.2 Mexico Automotive Relay Market by Application
9.2. EUROPE
9.2.1 Europe Automotive Relay Market Overview
9.2.2 Europe Automotive Relay Market Forecasts and Analysis
9.2.3 Europe Automotive Relay Market Forecasts and Analysis - By Type
9.2.4 Europe Automotive Relay Market Forecasts and Analysis - By Application
9.2.5 Europe Automotive Relay Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Automotive Relay Market
9.2.5.1.1 Germany Automotive Relay Market by Type
9.2.5.1.2 Germany Automotive Relay Market by Application
9.2.5.2 France Automotive Relay Market
9.2.5.2.1 France Automotive Relay Market by Type
9.2.5.2.2 France Automotive Relay Market by Application
9.2.5.3 Italy Automotive Relay Market
9.2.5.3.1 Italy Automotive Relay Market by Type
9.2.5.3.2 Italy Automotive Relay Market by Application
9.2.5.4 United Kingdom Automotive Relay Market
9.2.5.4.1 United Kingdom Automotive Relay Market by Type
9.2.5.4.2 United Kingdom Automotive Relay Market by Application
9.2.5.5 Russia Automotive Relay Market
9.2.5.5.1 Russia Automotive Relay Market by Type
9.2.5.5.2 Russia Automotive Relay Market by Application
9.2.5.6 Rest of Europe Automotive Relay Market
9.2.5.6.1 Rest of Europe Automotive Relay Market by Type
9.2.5.6.2 Rest of Europe Automotive Relay Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Automotive Relay Market Overview
9.3.2 Asia-Pacific Automotive Relay Market Forecasts and Analysis
9.3.3 Asia-Pacific Automotive Relay Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Automotive Relay Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Automotive Relay Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Automotive Relay Market
9.3.5.1.1 Australia Automotive Relay Market by Type
9.3.5.1.2 Australia Automotive Relay Market by Application
9.3.5.2 China Automotive Relay Market
9.3.5.2.1 China Automotive Relay Market by Type
9.3.5.2.2 China Automotive Relay Market by Application
9.3.5.3 India Automotive Relay Market
9.3.5.3.1 India Automotive Relay Market by Type
9.3.5.3.2 India Automotive Relay Market by Application
9.3.5.4 Japan Automotive Relay Market
9.3.5.4.1 Japan Automotive Relay Market by Type
9.3.5.4.2 Japan Automotive Relay Market by Application
9.3.5.5 South Korea Automotive Relay Market
9.3.5.5.1 South Korea Automotive Relay Market by Type
9.3.5.5.2 South Korea Automotive Relay Market by Application
9.3.5.6 Rest of Asia-Pacific Automotive Relay Market
9.3.5.6.1 Rest of Asia-Pacific Automotive Relay Market by Type
9.3.5.6.2 Rest of Asia-Pacific Automotive Relay Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Automotive Relay Market Overview
9.4.2 Middle East and Africa Automotive Relay Market Forecasts and Analysis
9.4.3 Middle East and Africa Automotive Relay Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Automotive Relay Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Automotive Relay Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Automotive Relay Market
9.4.5.1.1 South Africa Automotive Relay Market by Type
9.4.5.1.2 South Africa Automotive Relay Market by Application
9.4.5.2 Saudi Arabia Automotive Relay Market
9.4.5.2.1 Saudi Arabia Automotive Relay Market by Type
9.4.5.2.2 Saudi Arabia Automotive Relay Market by Application
9.4.5.3 U.A.E Automotive Relay Market
9.4.5.3.1 U.A.E Automotive Relay Market by Type
9.4.5.3.2 U.A.E Automotive Relay Market by Application
9.4.5.4 Rest of Middle East and Africa Automotive Relay Market
9.4.5.4.1 Rest of Middle East and Africa Automotive Relay Market by Type
9.4.5.4.2 Rest of Middle East and Africa Automotive Relay Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Automotive Relay Market Overview
9.5.2 South and Central America Automotive Relay Market Forecasts and Analysis
9.5.3 South and Central America Automotive Relay Market Forecasts and Analysis - By Type
9.5.4 South and Central America Automotive Relay Market Forecasts and Analysis - By Application
9.5.5 South and Central America Automotive Relay Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Automotive Relay Market
9.5.5.1.1 Brazil Automotive Relay Market by Type
9.5.5.1.2 Brazil Automotive Relay Market by Application
9.5.5.2 Argentina Automotive Relay Market
9.5.5.2.1 Argentina Automotive Relay Market by Type
9.5.5.2.2 Argentina Automotive Relay Market by Application
9.5.5.3 Rest of South and Central America Automotive Relay Market
9.5.5.3.1 Rest of South and Central America Automotive Relay Market by Type
9.5.5.3.2 Rest of South and Central America Automotive Relay Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AUTOMOTIVE RELAY MARKET, KEY COMPANY PROFILES
11.1. BETA ELECTRIC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ABB LTD
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HONDA MOTOR CO. LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. AMERICAN ZETTLER INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PANASONIC CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. DENSO CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NIPPON-ALEPH
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OMRON CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NEC CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SALZER ELECTRONICS LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Beta Electric
2.ABB Ltd
3.Honda Motor Co. Ltd
4.American Zettler Inc.
5.Panasonic Corporation
6.Denso Corporation
7.Nippon-Aleph
8.Omron Corporation
9.NEC Corporation
10.Salzer Electronics Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Automotive Relay Market
Apr 2024
Connected Vehicle Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Technology (5G, 4G/LTE, 3G & 2G), Connectivity (Integrated, Tethered, Embedded), Application (Telematics, Infotainment, Driving assistance, Others) and Geography
Apr 2024
Hydrogen Fuel Cell Train Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, and Others), Component (Hydrogen Fuel Cell Pack, Batteries, Electric Traction Motors, and Others), Rail Type (Passenger Rail, Commuter Rail, Light Rail, Trams, Freight, and Others) and Geography
Apr 2024
Automotive High Voltage Cable Market
Forecast to 2030 - Global Analysis by Vehicle Type [Battery Electric Vehicles (BEV), Plugin Hybrid Electric Vehicles (PHEV), and Plugin Hybrid Vehicles (PHV)], Conductor Type (Copper and Aluminum), and Core Type (Multi Core and Single Core)
Apr 2024
40-Ft Electric Boat Market
Forecast to 2030 - Global Analysis by Propulsion (Pure Electric, Hybrid, and Sail Electric), Battery Type (Nickel-Based, Lead-Acid, and Lithium-Ion), Application (Fishing, Recreational, and Others), Voltage Architecture (12 V, 24 V, and 48 V), and Boat Type (Trawlers, Catamarans, Yachts, Power Cruisers, and Others)