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The electric vehicle relays market is forecast to grow by USD 377.32 billion during 2023-2028, accelerating at a CAGR of 63.49% during the forecast period. The report on the electric vehicle relays market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by solid-state relays to become low-cost in the long run, increase in electronics and safety requirements in electric vehicles, and increasing adoption of battery electric vehicles and plug-in hybrid electric vehicles.
The electric vehicle relays market is segmented as below:
By Type
- PCB
- Plug-in
By Vehicle Type
- PLDVs
- LCVs
- Buses and trucks
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the electric vehicle relays market covers the following areas:
- Electric vehicle relays market sizing
- Electric vehicle relays market forecast
- Electric vehicle relays market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric vehicle relays market: ABB Ltd., American Zettler Inc., Aptiv Plc, BorgWarner Inc., DENSO Corp., Fujitsu Ltd., Good Sky Electric Co. Ltd., HELLA GmbH and Co. KGaA, IDEC Corp., Littelfuse Inc., OMRON Corp., Panasonic Holdings Corp., Robert Bosch GmbH, Schneider Electric SE, Sensata Technologies Inc., Shanghai Hu Gong Auto electric, Siemens AG, TE Connectivity Ltd., HONGFA, and YM Tech Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is consolidation of relay market."
According to the report, one of the major drivers for this market is the solid-state relays to become low-cost in the long run.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- American Zettler Inc.
- Aptiv Plc
- BorgWarner Inc.
- DENSO Corp.
- Fujitsu Ltd.
- Good Sky Electric Co. Ltd.
- HELLA GmbH and Co. KGaA
- IDEC Corp.
- Littelfuse Inc.
- OMRON Corp.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Schneider Electric SE
- Sensata Technologies Inc.
- Shanghai Hu Gong Auto electric
- Siemens AG
- TE Connectivity Ltd.
- HONGFA
- YM Tech Co. Ltd.
