Automotive relay market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2023-2030). The growing automotive industry is a key factor driving the demand for the global automotive relay market. An automotive relay is a type of electrical switch that works as a control device within a vehicle. It manages the flow of electrical energy within various systems and helps in controlling and automating electrical functions in a vehicle. Mainly, automotive relays are used to regulate high-current applications such as lighting, motors, and ignition systems, as well as other electronic components. Relays are designed to protect sensitive electronic components, improve safety, and improve overall efficiency in vehicle electrical systems.
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Among vehicle types, the demand for the automotive relay is expected to significantly in electric vehicles (EV). The primary factor of growth is the growing adoption of EVs globally. According to the International Energy Agency (IEA), electric car markets are growing significantly as sales exceed 10 million in 2022. A total of 14% of all new cars sold were electric in 2022, up from around 9% in 2021 and less than 5% in 2020. Apart from these growing technological advancements and the complexity of their electrical systems in the EVs. In EVs, automotive relays are used to manage various electrical functions, from battery management systems and power distribution to the control of electric motors and charging mechanisms. Additionally, the increase in advanced features in electric vehicles, like regenerative braking systems, thermal management, and advanced sensor networks, demands accurate and dependable control, which is made possible through the application of automotive relays.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Automotive Relay Market By Relay Type
- PCB Relay
- Plug-in Relay
- High Voltage Relay
- Others (Signal relay, time relay, protective relay)
Global Automotive Relay Market By Vehicle Type
- Passenger
- Commercial
- Electric
Global Automotive Relay Market By Application
- Safety and Security
- Lights System
- Engine Management Module
- Other (Power Window, Sunroof, ABS Control)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AEC Sensors (Solid State Group)
- American Zettler, Inc.
- BETA ELECTRIC INDUSTRY CO., LTD
- Circuit Interruption Technology, Inc.
- Coto Technology, Inc.
- Deltrol Corp.
- GOOD SKY ELECTRIC CO., LTD. (ECE group)
- HELLA GmbH & Co. KGaA (Faurecia)
- IDEC Corp.
- Littelfuse Inc.
- LS Automotive Technologies Co Ltd.
- MITSUBA Corp.
- Nidec Corp.
- Omron Corp.
- Panasonic Corp.
- Robert Bosch GmbH
- Sensata Technologies Holdings N.V
- Song Chuan Group Company
- Tyco Electronics Corp.
- Xiamen Hongfa Electroacoustic Co., Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the automotive relay market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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