+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Automotive Relay Market Size, Share & Trends Analysis Report by Product (PCB Relay, Plug-in Relay, High Voltage Relay, Others), Vehicle Type, Application (Resistive Loads, Capacitive Loads, Inductive Loads), Region, and Segment Forecasts, 2023-2030

  • PDF Icon

    Report

  • 180 Pages
  • November 2023
  • Region: Global
  • Grand View Research
  • ID: 5914494
Description Jump to:
The global automotive relay market size is expected to reach USD 24.97 billion by 2030, registering a CAGR of 8.1% during the forecast period, according to the report. Increasing vehicular safety regulations in various regions across the globe is driving the automotive relay market. Further, increasing adoption of electric vehicles amongst passenger car segment end users has made automotive electronics including the automotive relay industry to gain significant market share.

Systems such as advanced driver assistance systems (ADAS), electronic stability control, electronic steering systems, brake-by-wire systems, and airbags are gaining momentum across the globe, owing to their safety and comfort benefits. Strict safety guidelines employ substantial pressure on Tier-1 suppliers and the OEMs to design improved safety systems for automobiles. Furthermore, there is a growing demand for enhanced comfort and convenience in automobiles.

Many governments provide lucrative offers to promote the selling and usage of Electric Vehicles EVs. Tax benefits are provided at the time of purchase. However, the extent of the exemption depends on the size of the batteries used in the vehicle. In the United States, insurance companies provide discounts on insurance policies to customers, and utility companies are offering low electricity rates. Also, few states offer credits to electric vehicle manufacturers and buyers for their costs and purchase of charging equipment. Many European countries follow incentive-based programs for promoting EVs. Countries, like Germany and Austria, offer tax exemptions and reductions.

Automotive Relay Market Report Highlights

  • The increasing vehicular safety norms across the globe and the growing adoption of electric passenger car vehicles amongst end-users are expected to drive the market.
  • Electric automotive parts have diversified over the past decade, leading to an increase in the number of relays used as switching devices as well as variation in the required features of each relay
  • Asia Pacific is a key revenue-generating region and captured a significant market share in 2022. The region exhibits a high growth potential, which may be attributed to high vehicle demand in this region.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Vehicle type
1.1.3. Application
1.1.4. Regional scope
1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Vehicle type outlook
2.2.3. Application outlook
2.2.4. Regional outlook
2.3. Competitive Insights
Chapter 3. Automotive Relay Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Application Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. Automotive Relay Market Analysis Tools
3.4.1. Application analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Automotive Relay Market: Product Estimates & Trend Analysis
4.1. Automotive Relay Market: Key Takeaways
4.2. Automotive Relay Market: Movement & Market Share Analysis, 2022 & 2030
4.3. PCB Relay
4.3.1. PCB relay market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Plug-in Relay
4.4.1. Plug-in relay market estimates and forecasts, 2017 to 2030 (USD Million)
4.5. High Voltage Relay
4.5.1. High voltage relay market estimates and forecasts, 2017 to 2030 (USD Million)
4.6. Others
4.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 5. Automotive Relay Market: Vehicle Type Estimates & Trend Analysis
5.1. Automotive Relay Market: Key Takeaways
5.2. Automotive Relay Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Passenger Vehicles
5.3.1. Passenger vehicles market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Commercial Vehicles
5.4.1. Commercial vehicles market estimates and forecasts, 2017 to 2030 (USD Million)
5.5. Electric Vehicles
5.5.1. Electric vehicles market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 6. Automotive Relay Market: Application Estimates & Trend Analysis
6.1. Automotive Relay Market: Key Takeaways
6.2. Automotive Relay Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Resistive Loads
6.3.1. Resistive loads market estimates and forecasts, 2017 to 2030 (USD Million)
6.3.2. HVAC
6.3.2.1. HVAC market estimates and forecasts, 2017 to 2030 (USD Million)
6.4. Capacitive Loads
6.4.1. Capacitive loads market estimates and forecasts, 2017 to 2030 (USD Million)
6.4.2. Engine management module
6.4.2.1. Engine management module market estimates and forecasts, 2017 to 2030 (USD Million)
6.4.3. Fog lights
6.4.3.1. Fog lights market estimates and forecasts, 2017 to 2030 (USD Million)
6.4.4. ABS module
6.4.4.1. ABS module market estimates and forecasts, 2017 to 2030 (USD Million)
6.4.5. Front and rear beam
6.4.5.1. Front and rear beam market estimates and forecasts, 2017 to 2030 (USD Million)
6.5. Inductive Loads
6.5.1. Inductive loads market estimates and forecasts, 2017 to 2030 (USD Million)
6.5.2. Power Window
6.5.2.1. Power window market estimates and forecasts, 2017 to 2030 (USD Million)
6.5.3. Central Lock
6.5.3.1. Central lock market estimates and forecasts, 2017 to 2030 (USD Million)
6.5.4. Cooling Fan
6.5.4.1. Cooling fan market estimates and forecasts, 2017 to 2030 (USD Million)
6.5.5. Clutches
6.5.5.1. Clutches market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 7. Automotive Relay Market: Regional Estimates & Trend Analysis
7.1. Regional Outlook
7.2. Automotive Relay Market by Region: Key Takeaway
7.3. North America
7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.3.2. U.S.
7.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.3.3. Canada
7.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4. Europe
7.4.1. UK
7.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4.2. Germany
7.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4.3. France
7.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5. Asia Pacific
7.5.1. Japan
7.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.2. China
7.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.3. India
7.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.4. Australia
7.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5.5. South Korea
7.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6. Latin America
7.6.1. Brazil
7.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6.2. Mexico
7.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7. MEA
7.7.1. Saudi Arabia
7.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7.2. South Africa
7.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7.3. United Arab Emirates (UAE)
7.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
8.2.1. ABB
8.2.1.1. Company overview
8.2.1.2. Financial performance
8.2.1.3. Product benchmarking
8.2.1.4. Strategic initiatives
8.2.2. American Zettler, Inc. (Zettler Components, Inc.)
8.2.2.1. Company overview
8.2.2.2. Financial performance
8.2.2.3. Product benchmarking
8.2.2.4. Strategic initiatives
8.2.3. BETA ELECTRIC INDUSTRY CO., LTD
8.2.3.1. Company overview
8.2.3.2. Financial performance
8.2.3.3. Product benchmarking
8.2.3.4. Strategic initiatives
8.2.4. COTO TECHNOLOGY
8.2.4.1. Company overview
8.2.4.2. Financial performance
8.2.4.3. Product benchmarking
8.2.4.4. Strategic initiatives
8.2.5. Sensata Technologies Holdings N.V.
8.2.5.1. Company overview
8.2.5.2. Financial performance
8.2.5.3. Product benchmarking
8.2.5.4. Strategic initiatives
8.2.6. Deltrol Controls (Deltrol Corporation)
8.2.6.1. Company overview
8.2.6.2. Financial performance
8.2.6.3. Product benchmarking
8.2.6.4. Strategic initiatives
8.2.7. DENSO CORPORATION
8.2.7.1. Company overview
8.2.7.2. Financial performance
8.2.7.3. Product benchmarking
8.2.7.4. Strategic initiatives
8.2.8. Eaton
8.2.8.1. Company overview
8.2.8.2. Financial performance
8.2.8.3. Product benchmarking
8.2.8.4. Strategic initiatives
8.2.9. Fujitsu Limited
8.2.9.1. Company overview
8.2.9.2. Financial performance
8.2.9.3. Product benchmarking
8.2.9.4. Strategic initiatives
8.2.10. GOOD SKY ELECTRIC CO., LTD.
8.2.10.1. Company overview
8.2.10.2. Product benchmarking
8.2.10.3. Strategic initiatives
8.2.11. IDEC Corporation
8.2.11.1. Company overview
8.2.11.2. Financial performance
8.2.11.3. Product benchmarking
8.2.11.4. Strategic initiatives
8.2.12. Hella KGaA Hueck & Co. (HELLA)
8.2.12.1. Company overview
8.2.12.2. Financial performance
8.2.12.3. Product benchmarking
8.2.12.4. Strategic initiatives
8.2.13. Littelfuse Inc.
8.2.13.1. Company overview
8.2.13.2. Financial performance
8.2.13.3. Product benchmarking
8.2.13.4. Strategic initiatives
8.2.14. LS Automotive Technologies
8.2.14.1. Company overview
8.2.14.2. Financial performance
8.2.14.3. Product benchmarking
8.2.14.4. Strategic initiatives
8.2.15. Megatone Electronics Corp.
8.2.15.1. Company overview
8.2.15.2. Financial performance
8.2.15.3. Product benchmarking
8.2.15.4. Strategic initiatives
List of Tables
Table 1 List of abbreviation
Table 2 North America automotive relay market, by product, 2017 - 2030 (USD Million)
Table 3 North America automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 4 North America automotive relay market, by application, 2017 - 2030 (USD Million)
Table 5 North America automotive relay market, by region, 2017 to 2030 (USD Million)
Table 6 U.S. automotive relay market, by product, 2017 - 2030 (USD Million)
Table 7 U.S. automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 8 U.S. automotive relay market, by application, 2017 - 2030 (USD Million)
Table 9 Canada automotive relay market, by product, 2017 - 2030 (USD Million)
Table 10 Canada automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 11 Canada automotive relay market, by application, 2017 - 2030 (USD Million)
Table 12 Europe automotive relay market, by product, 2017 - 2030 (USD Million)
Table 13 Europe automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 14 Europe automotive relay market, by application, 2017 - 2030 (USD Million)
Table 15 Europe automotive relay market, by region, 2017 to 2030 (USD Million)
Table 16 Germany automotive relay market, by product, 2017 - 2030 (USD Million)
Table 17 Germany automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 18 Germany automotive relay market, by application, 2017 - 2030 (USD Million)
Table 19 UK automotive relay market, by product, 2017 - 2030 (USD Million)
Table 20 UK automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 21 UK automotive relay market, by application, 2017 - 2030 (USD Million)
Table 22 France automotive relay market, by product, 2017 - 2030 (USD Million)
Table 23 France automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 24 France automotive relay market, by application, 2017 - 2030 (USD Million)
Table 25 Asia Pacific automotive relay market, by product, 2017 - 2030 (USD Million)
Table 26 Asia Pacific automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 27 Asia Pacific automotive relay market, by application, 2017 - 2030 (USD Million)
Table 28 Asia Pacific automotive relay market, by region, 2017 to 2030 (USD Million)
Table 29 China automotive relay market, by product, 2017 - 2030 (USD Million)
Table 30 China automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 31 China automotive relay market, by application, 2017 - 2030 (USD Million)
Table 32 Japan automotive relay market, by product, 2017 - 2030 (USD Million)
Table 33 Japan automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 34 Japan automotive relay market, by application, 2017 - 2030 (USD Million)
Table 35 India automotive relay market, by product, 2017 - 2030 (USD Million)
Table 36 India automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 37 India automotive relay market, by application, 2017 - 2030 (USD Million)
Table 38 Australia automotive relay market, by product, 2017 - 2030 (USD Million)
Table 39 Australia automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 40 Australia automotive relay market, by application, 2017 - 2030 (USD Million)
Table 41 South Korea automotive relay market, by product, 2017 - 2030 (USD Million)
Table 42 South Korea automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 43 South Korea automotive relay market, by application, 2017 - 2030 (USD Million)
Table 44 Latin America automotive relay market, by product, 2017 - 2030 (USD Million)
Table 45 Latin America automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 46 Latin America automotive relay market, by application, 2017 - 2030 (USD Million)
Table 47 Latin America automotive relay market, by region, 2017 to 2030 (USD Million)
Table 48 Brazil automotive relay market, by product, 2017 - 2030 (USD Million)
Table 49 Brazil automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 50 Brazil automotive relay market, by application, 2017 - 2030 (USD Million)
Table 51 Mexico automotive relay market, by product, 2017 - 2030 (USD Million)
Table 52 Mexico automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 53 Mexico automotive relay market, by application, 2017 - 2030 (USD Million)
Table 54 Middle East and Africa (MEA) automotive relay market, by product, 2017 - 2030 (USD Million)
Table 55 Middle East and Africa (MEA) automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 56 Middle East and Africa (MEA) automotive relay market, by application, 2017 - 2030 (USD Million)
Table 57 Middle East and Africa (MEA) automotive relay market, by region, 2017 to 2030 (USD Million)
Table 58 South Africa automotive relay market, by product, 2017 - 2030 (USD Million)
Table 59 South Africa automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 60 South Africa automotive relay market, by application, 2017 - 2030 (USD Million)
Table 61 Saudi Arabia automotive relay market, by product, 2017 - 2030 (USD Million)
Table 62 Saudi Arabia automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 63 Saudi Arabia automotive relay market, by application, 2017 - 2030 (USD Million)
Table 64 United Arab Emirates (UAE) automotive relay market, by product, 2017 - 2030 (USD Million)
Table 65 United Arab Emirates (UAE) automotive relay market, by vehicle type, 2017 - 2030 (USD Million)
Table 66 United Arab Emirates (UAE) automotive relay market, by application, 2017 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Automotive relay: Market outlook
Fig. 9 Automotive relay: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Application value chain analysis
Fig. 14 Automotive relay market driver impact
Fig. 15 Automotive relay market restraint impact
Fig. 16 Automotive relay market strategic initiatives analysis
Fig. 17 Automotive relay market: Product movement analysis
Fig. 18 Automotive relay market: Product outlook and key takeaways
Fig. 19 PCB relay market estimates and forecasts, 2017 - 2030
Fig. 20 Plug-in relay market estimates and forecasts, 2017 - 2030
Fig. 21 High voltage relay market estimates and forecasts, 2017 - 2030
Fig. 22 Others market estimates and forecasts, 2017 - 2030
Fig. 23 Automotive relay market: Vehicle type movement analysis
Fig. 24 Automotive relay market: Vehicle type outlook and key takeaways
Fig. 25 Passenger vehicles market estimates and forecasts, 2017 - 2030
Fig. 26 Commercial vehicles market estimates and forecasts, 2017 - 2030
Fig. 27 Electric vehicles market estimates and forecasts, 2017 - 2030
Fig. 28 Automotive relay market: Application movement analysis
Fig. 29 Automotive relay market: Application outlook and key takeaways
Fig. 30 Resistive loads market estimates and forecasts, 2017 - 2030
Fig. 31 Capacitive loads market estimates and forecasts, 2017 - 2030
Fig. 32 Inductive loads market estimates and forecasts, 2017 - 2030
Fig. 33 Global automotive relay market: Regional movement analysis
Fig. 34 Global automotive relay market: Regional outlook and key takeaways
Fig. 35 North America market estimates and forecasts, 2017 - 2030
Fig. 36 U.S. market estimates and forecasts, 2017 - 2030
Fig. 37 Canada market estimates and forecasts, 2017 - 2030
Fig. 38 Europe market estimates and forecasts, 2017 - 2030
Fig. 39 UK market estimates and forecasts, 2017 - 2030
Fig. 40 Germany market estimates and forecasts, 2017 - 2030
Fig. 41 France market estimates and forecasts, 2017 - 2030
Fig. 42 Asia Pacific market estimates and forecasts, 2017 - 2030
Fig. 43 Japan market estimates and forecasts, 2017 - 2030
Fig. 44 China market estimates and forecasts, 2017 - 2030
Fig. 45 India market estimates and forecasts, 2017 - 2030
Fig. 46 Australia market estimates and forecasts, 2017 - 2030
Fig. 47 South Korea market estimates and forecasts, 2017 - 2030
Fig. 48 Latin America market estimates and forecasts, 2017 - 2030
Fig. 49 Brazil market estimates and forecasts, 2017 - 2030
Fig. 50 Mexico market estimates and forecasts, 2017 - 2030
Fig. 51 Middle East and Africa market estimates and forecasts, 2017 - 2030
Fig. 52 Saudi Arabia market estimates and forecasts, 2017 - 2030
Fig. 53 South Africa market estimates and forecasts, 2017 - 2030
Fig. 54 United Arab Emirates (UAE) market estimates and forecasts, 2017 - 2030

Companies Profiled

  • ABB
  • American Zettler, Inc. (Zettler Components, Inc.)
  • BETA ELECTRIC INDUSTRY CO., LTD
  • COTO TECHNOLOGY
  • Sensata Technologies Holdings N.V.
  • Deltrol Controls (Deltrol Corporation)
  • DENSO CORPORATION
  • Eaton
  • Fujitsu Limited
  • GOOD SKY ELECTRIC CO., LTD.
  • IDEC Corporation
  • Hella KGaA Hueck & Co. (HELLA)
  • Littelfuse Inc.
  • LS Automotive Technologies
  • Megatone Electronics Corp.

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages180
PublishedNovember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 13.53 Billion
Forecasted Market Value ( USD ) by 2030 $ 24.97 Billion
Compound Annual Growth Rate8.1%
Regions CoveredGlobal
No. of Companies Mentioned15

Related Topics

Related Reports

Protective Relay Market Size, Share & Trends Analysis Report by Voltage (2 Low, Medium, High), Application, End Use (Infrastructure, Industrial, Government, Power, Others), Region, and Segment Forecasts, 2023-2030 - Product Image

Protective Relay Market Size, Share & Trends Analysis Report by Voltage (2 Low, Medium, High), Application, End Use (Infrastructure, Industrial, Government, Power, Others), Region, and Segment Forecasts, 2023-2030

  • Report
  • 150 Pages
  • Global
From
Automotive Relay Market by Product, Ampere, Application, Vehicle - Global Forecast 2025-2030 - Product Image

Automotive Relay Market by Product, Ampere, Application, Vehicle - Global Forecast 2025-2030

  • Report
  • 196 Pages
  • Global
From
Solid State Relay Market by Mounting Type, Output Voltage, Current Rating, Application - Global Forecast 2025-2030 - Product Image

Solid State Relay Market by Mounting Type, Output Voltage, Current Rating, Application - Global Forecast 2025-2030

  • Report
  • 182 Pages
  • Global
From
Solid-state Relay - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - Product Image

Solid-state Relay - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

  • Report
  • 171 Pages
  • Global
From
Electric Vehicle Relay - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2023 - 2028) - Product Image

Electric Vehicle Relay - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2023 - 2028)

  • Report
  • 70 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.