Global Automotive Relay Market 2021-2025

Global Automotive Relay Market 2021-2025

Technavio has been monitoring the automotive relay market and it is poised to grow by $ 3.66 bn during 2021-2025, progressing at a CAGR of 6% during the forecast period. Our report on automotive relay market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in use of automotive relays in vehicles that operate on alternative fuels, adoption of PCB relays to enhance fuel efficiency, and government regulations to improve safety in automobiles. In addition, increase in use of automotive relays in vehicles that operate on alternative fuels is anticipated to boost the growth of the market as well.

The automotive relay market analysis includes product segment and geographical landscapes.

Technavio's automotive relay market is segmented as below:

By Product

  • PCB relays
  • Plug-in relays
By Geographical Landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the electric vehicle relays for high voltage applications as one of the prime reasons driving the automotive relay market growth during the next few years. Also, technological innovation in the global automotive relays market and development of intelligent/smart relays will lead to sizable demand in the market.

Technavio 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. Our report on automotive relay market covers the following areas:
  • Automotive relay market sizing
  • Automotive relay market forecast
  • Automotive relay market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive relay market vendors that include DENSO Corp., Fujitsu Ltd., HELLA GmbH & Co. KGaA, Littelfuse Inc., Microchip Technology Inc., OMRON Corp., Panasonic Corp., TE Connectivity Ltd., Xiamen Hongfa Electroacoustic Co. Ltd., and American Zettler Inc. Also, the automotive relay market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • COVID-19 impact on consumer discretionary sector
      • Consumer durables and apparel industry
      • Consumer service industry
      • Automobiles and components industry
      • Retailing
        • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Automotive components and accessories market
      • Inputs
      • Inbound logistics
      • Operations
      • Distribution and logistics
      • Marketing and sales
      • Service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020-2025
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2020-2025 ($ billion)
        • Table Global market: Year-over-year growth 2020-2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2020-2025 (%)
    • Comparison by Product
      • Table Comparison by Product
    • PCB relays - Market size and forecast 2020-2025
      • Table PCB relays - Market size and forecast 2020-2025 ($ billion)
      • Table PCB relays - Year-over-year growth 2020-2025 (%)
    • Plug-in relays - Market size and forecast 2020- 2025
      • Table Plug-in relays - Market size and forecast 2020-2025 ($ billion)
      • Table Plug-in relays - Year-over-year growth 2020-2025 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2020-2025
      • Table APAC - Market size and forecast 2020-2025 ($ billion)
      • Table APAC - Year-over-year growth 2020-2025 (%)
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ billion)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • North America - Market size and forecast 2020- 2025
      • Table North America - Market size and forecast 2020-2025 ($ billion)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • South America - Market size and forecast 2020- 2025
      • Table South America - Market size and forecast 2020-2025 ($ billion)
      • Table South America - Year-over-year growth 2020-2025 (%)
    • MEA - Market size and forecast 2020-2025
      • Table MEA - Market size and forecast 2020-2025 ($ billion)
      • Table MEA - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in use of automotive relays in vehicles that operate on alternative fuels
      • Adoption of PCB relays to enhance fuel efficiency
      • Government regulations to improve safety in automobiles
    • Market challenges
      • Replacement of automotive relays by powered switches
      • Design challenges faced by electromechanical relays
      • Testing and failure issues in automotive relays
        • Table Impact of drivers and challenges
    • Market trends
      • Electric vehicle relays for high voltage applications
      • Technological innovation in the global automotive relay market
      • Development of intelligent/smart relays
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DENSO Corp.
      • Table DENSO Corp. - Overview
      • Table DENSO Corp. - Business segments
      • Table DENSO Corp. - Key news
      • Table DENSO Corp. - Key offerings
      • Table DENSO Corp. - Segment focus
    • Fujitsu Ltd.
      • Table Fujitsu Ltd. - Overview
      • Table Fujitsu Ltd. - Business segments
      • Table Fujitsu Ltd. - Key offerings
      • Table Fujitsu Ltd. - Segment focus
    • HELLA GmbH & Co. KGaA
      • Table HELLA GmbH & Co. KGaA - Overview
      • Table HELLA GmbH & Co. KGaA - Business segments
      • Table HELLA GmbH & Co. KGaA - Key news
      • Table HELLA GmbH & Co. KGaA - Key offerings
      • Table HELLA GmbH & Co. KGaA - Segment focus
    • Littelfuse Inc.
      • Table Littelfuse Inc. - Overview
      • Table Littelfuse Inc. - Business segments
      • Table Littelfuse Inc. - Key news
      • Table Littelfuse Inc. - Key offerings
      • Table Littelfuse Inc. - Segment focus
    • Microchip Technology Inc.
      • Table Microchip Technology Inc. - Overview
      • Table Microchip Technology Inc. - Business segments
      • Table Microchip Technology Inc. - Key news
      • Table Microchip Technology Inc. - Key offerings
      • Table Microchip Technology Inc. - Segment focus
    • OMRON Corp.
      • Table OMRON Corp. - Overview
      • Table OMRON Corp. - Business segments
      • Table OMRON Corp. - Key news
      • Table OMRON Corp. - Key offerings
      • Table OMRON Corp. - Segment focus
    • Panasonic Corp.
      • Table Panasonic Corp. - Overview
      • Table Panasonic Corp. - Business segments
      • Table Panasonic Corp. - Key news
      • Table Panasonic Corp. - Key offerings
      • Table Panasonic Corp. - Segment focus
    • TE Connectivity Ltd.
      • Table TE Connectivity Ltd. - Overview
      • Table TE Connectivity Ltd. - Business segments
      • Table TE Connectivity Ltd. - Key news
      • Table TE Connectivity Ltd. - Key offerings
      • Table TE Connectivity Ltd. - Segment focus
    • Xiamen Hongfa Electroacoustic Co. Ltd.
      • Table Xiamen Hongfa Electroacoustic Co. Ltd. - Overview
      • Table Xiamen Hongfa Electroacoustic Co. Ltd. - Product and service
      • Table Xiamen Hongfa Electroacoustic Co. Ltd. - Key news
      • Table Xiamen Hongfa Electroacoustic Co. Ltd. - Key offerings
    • American Zettler Inc.
      • Table American Zettler Inc. - Overview
      • Table American Zettler Inc. - Product and service
      • Table American Zettler Inc. - Key news
      • Table American Zettler Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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