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Automotive Relay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global automotive relay market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An automotive relay is an electromechanical switching device wherein coils generate magnetic force to control and operate a high current circuit in vehicles like cars, vans, trucks, and trailers. It is generally installed in infotainment systems, harnesses, and box modules, such as horn, headlight, auxiliary lamp, fan motor, blower motor, rear and front area, engine, body control, powertrain, roof, seat, and door. It increases passenger comfort, supports advanced safety features, and can operate in harsh environments. At present, it is widely available in various forms, ranging from plug-ins and printed circuit boards (PCBs) to nominal coil voltage and high-voltage contactors.

Automotive Relay Market Trends:

The growing demand for luxurious and smart vehicles on account of rapid urbanization and inflating income levels is positively influencing the adoption of the latest infotainment systems in automobiles. This represents one of the key factors positively influencing the demand for automotive relays to provide convenience and enhance the overall driving experience. Moreover, stringent regulations implemented by governments of numerous countries on fuel efficiency are driving the need for vehicle electrification, which, in turn, is contributing to market growth. Apart from this, a significant rise in the number of fatal road accidents is catalyzing the demand for automotive relays in switches for airbags, backup sensing systems, energy-absorbing steering, seat belts, head up display (HUD), and head restraints. Furthermore, the increasing use of off-road vehicles for construction purposes on account of rising investments in infrastructural development is bolstering the market growth. Besides this, the emerging trend of connected and modern vehicles is projected to drive the demand for compact relays in power steering, sunroof, power windows, cruise control, and navigation services.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive relay market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, application and vehicle type.

Breakup by Product:

  • PCB Relay
  • Plug-in Relay
  • High Voltage Relay
  • Others
     

Breakup by Application:

  • Powertrain Systems
  • Body and Chassis
  • Convenience
  • Safety and Security
  • Driver Information
     

Breakup by Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles
  • Electric Vehicles
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., BorgWarner Inc., DENSO Corporation, Eaton Corporation plc, Fujitsu Limited (Furukawa Co. Ltd.), HELLA GmbH & Co. KGaA, Littelfuse Inc., LS Automotive India Pvt Ltd., OMRON Corporation, Panasonic Corporation, Robert Bosch GmbH, Siemens AG and TE Connectivity.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Application, Vehicle Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., BorgWarner Inc., DENSO Corporation, Eaton Corporation plc, Fujitsu Limited (Furukawa Co. Ltd.), HELLA GmbH & Co. KGaA, Littelfuse Inc., LS Automotive India Pvt Ltd., OMRON Corporation, Panasonic Corporation, Robert Bosch GmbH, Siemens AG and TE Connectivity.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global automotive relay market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automotive relay market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive relay market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Automotive Relay Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    PCB Relay
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Plug-in Relay
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    High Voltage Relay
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Powertrain Systems
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Body and Chassis
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Convenience
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Safety and Security
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Driver Information
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Vehicle Type
    8.1    Passenger Vehicles
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial Vehicles
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electric Vehicles
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABB Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    BorgWarner Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    DENSO Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Eaton Corporation plc
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Fujitsu Limited (Furukawa Co. Ltd.)
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    HELLA GmbH & Co. KGaA
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Littelfuse Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    LS Automotive India Pvt Ltd.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    OMRON Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Panasonic Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Robert Bosch GmbH
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Siemens AG
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    TE Connectivity
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials
           14.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Automotive Relay Market: Major Drivers and Challenges
Figure 2: Global: Automotive Relay Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Automotive Relay Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Automotive Relay Market: Breakup by Product (in %), 2020
Figure 5: Global: Automotive Relay Market: Breakup by Application (in %), 2020
Figure 6: Global: Automotive Relay Market: Breakup by Vehicle Type (in %), 2020
Figure 7: Global: Automotive Relay Market: Breakup by Region (in %), 2020
Figure 8: Global: Automotive Relay (PCB Relay) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Automotive Relay (PCB Relay) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Automotive Relay (Plug-in Relay) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Automotive Relay (Plug-in Relay) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Automotive Relay (High Voltage Relay) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Automotive Relay (High Voltage Relay) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Automotive Relay (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Automotive Relay (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Automotive Relay (Powertrain Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Automotive Relay (Powertrain Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Automotive Relay (Body and Chassis) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Automotive Relay (Body and Chassis) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Automotive Relay (Convenience) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Automotive Relay (Convenience) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Automotive Relay (Safety and Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Automotive Relay (Safety and Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Automotive Relay (Driver Information) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Automotive Relay (Driver Information) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Automotive Relay (Passenger Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Automotive Relay (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Automotive Relay (Commercial Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Automotive Relay (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Automotive Relay (Electric Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Automotive Relay (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: North America: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: United States: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: United States: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Canada: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Canada: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia-Pacific: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Asia-Pacific: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: China: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: China: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Japan: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Japan: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: India: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: India: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: South Korea: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: South Korea: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Australia: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Australia: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Indonesia: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Indonesia: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Others: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Others: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Europe: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Germany: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Germany: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: France: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: France: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: United Kingdom: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: United Kingdom: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Italy: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Italy: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Spain: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Spain: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Russia: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Russia: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Latin America: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Brazil: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Automotive Relay Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Automotive Relay Market: Breakup by Country (in %), 2020
Figure 80: Middle East and Africa: Automotive Relay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Automotive Relay Industry: SWOT Analysis
Figure 82: Global: Automotive Relay Industry: Value Chain Analysis
Figure 83: Global: Automotive Relay Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automotive Relay Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Automotive Relay Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Automotive Relay Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Automotive Relay Market Forecast: Breakup by Vehicle Type (in Million US$), 2021-2026
Table 5: Global: Automotive Relay Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Automotive Relay Market: Competitive Structure
Table 7: Global: Automotive Relay Market: Key Players

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