The global Automotive Relay market was valued at US$ 4563.5 million in 2022 and is projected to reach US$ 5280.1 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Automotive Relay market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Automotive Relay market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Automotive Relay market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Automotive Relays are electrically operated switches used for automotive applications.
Relays are used where it is necessary to control a circuit by a low-power signal (with complete electrical isolation between control and controlled circuits), or where several circuits must be controlled by one signal.
This report aims to provide a comprehensive presentation of the global market for Automotive Relay, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Relay. This report contains market size and forecasts of Automotive Relay in global, including the following market information:
- Global Automotive Relay Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Automotive Relay Market Sales, 2018-2023, 2024-2029, (M Unit)
- Global top five Automotive Relay companies in 2022 (%)
Europe is the largest Automotive Relay market with about 22% market share. China is follower, accounting for about 21% market share.
The key players are TE Connectivity, Omron, Panasonic, HELLA, LS, American Zettler, Xiamen Hongfa, Shanghai Hugong, Song Chuan Group, Guizhou Tianyi, Dongguan Sanyou, Ningbo Forward, Songle Relay, Ningbo Huike, Qunli Electric etc. Top 3 companies occupied about 30% market share.
We surveyed the Automotive Relay manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Relay Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Unit)
Global Automotive Relay Market Segment Percentages, by Type, 2022 (%)
Global Automotive Relay Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Unit)
Global Automotive Relay Market Segment Percentages, by Application, 2022 (%)
- Heating
- Lamps & Filter Capacitors
- Solenoids, Motors & Pumps
Global Automotive Relay Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Unit)
Global Automotive Relay Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive Relay revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automotive Relay revenues share in global market, 2022 (%)
- Key companies Automotive Relay sales in global market, 2018-2023 (Estimated), (M Unit)
- Key companies Automotive Relay sales share in global market, 2022 (%)
key players include:
- TE Connectivity
- Omron
- Panasonic
- HELLA
- LS
- American Zettler
- Xiamen Hongfa
- Shanghai Hugong
- Song Chuan Group
- Guizhou Tianyi
- Dongguan Sanyou
- Ningbo Forward
- Songle Relay
- Ningbo Huike
- Qunli Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Relay, market overview.
Chapter 2: Global Automotive Relay market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Relay manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Relay in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Relay capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
