Automotive relay switch Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The Automotive-relay-switch-market is expected to grow at a significant CAGR in the period from 2021 to 2027. Because of the rising use of advanced electronics equipment and increased attention on safety and security, the average number of relays installed per vehicle is projected to increase throughout the projection period. Aside from the fundamental relays used in powertrain systems, extra relays are necessary to switch supplemental devices for safety, security, communications, and entertainment. Over the projected period, further innovations in PCB relays to reduce total vehicle weight and increase fuel economy are likely to boost market growth.

Over the last decade, electric automobile parts have become more diverse, resulting in a growth in the number of relays employed as switching devices as well as variations in the features needed of each relay. Because of improvements in downsizing and high contact capability development to solve mounting space constraints in the Electric Control Unit (ECU) of cars, the market is anticipated to rise steadily during the projection period.

The following Segmentation are covered in this report:

By Type

• PCB relay
• Plug-in relay
• High voltage relay
• Protective relay
• Signal relay
• Time relay

By Application

• Door lock
• Power windows
• Sunroof
• Powered & heated seats
• Electronic power steering (EPS)
• Exterior lighting
• Fuel injection
• Air conditioner
• Anti-brake system (ABS)
• Traction control system
• Colling fan control
• Engine management modules

By Ampere

• 5A–15A
• 16–35A
• >35A

By vehicle & relay type

• Passenger Car
• PCB relay
• Plug-in relay
• High voltage relay
• Protective relay
• Signal relay
• Time relay
• Light commercial Vehicle
• PCB relay
• Plug-in relay
• High voltage relay
• Protective relay
• Signal relay
• Time relay

By Region

North America:

• US
• Canada

Europe:

• France
• Italy
• Germany
• UK
• Rest of Europe

Asia Pacific:

• India
• China
• Japan
• Australia
• Rest of APAC

Scope of the Report

The research study analyses the global Automotive relay switch industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive relay switch Market Report

• What was the Automotive relay switch Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Automotive relay switch Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Automotive relay switch Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.