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Automotive Relay Market Analysis, Size, Share, Growth, Industry
Overview and Forecast to 2020 | Hexa Research
“Global automotive relay market size is anticipated
to reach USD 12 billion by 2020, growing at a CAGR
of 6.2% from 2014 to 2020.”
Global Automotive Relay Market is anticipated to reach USD 12 billion by 2020, as per a new research report
by Hexa Research Rising need for high-frequency signals in automotive industry is expected to drive demand.
These relays enhance driving experience and provide greater safety for consumers. Escalating adoption rate
of sophisticated electronic equipment coupled straight government initiatives regarding safety is likely to
favor automotive relay market growth prospects. However, lack of standardization in components is likely to
challenge industry participants.
PCB replay was the leading product segment and was valued USD 5,500 million in 2013. It is expected to gain
significant market share and reach USD 8,500 million at a CAGR of 6% from 2014 to 2020. Miniaturization of
electromechanical relays is likely to promote its demand. Plug-in relays were the second largest product
segment and accounted for over 32% share of the overall revenue in 2013. Increasing usage of electronic
control modules along with electronic components are factors responsible for demand growth.
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Key report insights suggest:
- Global automotive relay market was valued USD 8,372.0 million in 2013 and is likely to reach USD 12,584.5
million by 2020 growing with an estimated CAGR of 6.2% from 2014 to 2020.
- Global demand in convenience was USD 885.4 million in 2013 which is expected to reach USD 1,255.8
million by 2020, growing at a CAGR of 5.3% from 2014 to 2020. Driver information is projected to be fastest
growing application segment and accounted for 5% of the industry share in 2014 growing at an estimated
CAGR of 6.7 % from 2014 to 2020. Increasing communication coupled with smartphone proliferation is
expected to be the key driving force for the growth.
- Asia Pacific dominated the regional demand with an estimated market share of 50% in 2013. This region is
also expected to be the fastest growing region, growing at a CAGR of 7% from 2014 to 2020. Availability of
raw materials and low labor costs are driving factors for the region. Europe is the second largest regiona l
segment and is expected to reach USD 2,733.3 by 2020.
- China is the largest contributor for automated relay market growing at a CAGR of 6.5 over the forecast
period. India is expected to be the fastest growing region owing to increasing disposable.
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Table of Content of Automotive Relay Market
Chapter 1 Executive Summary
Chapter 2 Automotive Relay Industry Overview
2.1 Market segmentation
2.2 Market Size and Growth Prospects
2.3 Automotive Relay - Value Chain Analysis
2.4 Automotive Relay – Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Increasing electronic content of the average vehicle
2.4.1.2 Favorable government initiatives regarding vehicular safety
2.4.2 Market restraint analysis
2.4.2.1 Lack of standardization
2.5 Key opportunities - Prioritized
2.6 Industry Analysis – Porter’s
2.7 Automotive Relay – PESTEL Analysis
Chapter 3 Automotive Relay Product Overview
3.1 Automotive relay market share by product, 2013 & 2020 (PCB Relay vs. Plug-in relay)
3.2 PCB Relay
3.2.1 Global PCB relay demand, by region, 2012 – 2020
3.3 Plug-in Relay
3.3.1 Global plug-in relay demand, by region, 2012 – 2020
Chapter 4 Automotive Relay Application Overview
4.1 Automotive relay market share by application, 2013 & 2020
4.2 Powertrain Systems
4.2.1 Global demand in powertrain systems, by region, 2012 – 2020
4.3 Body & Chassis
4.3.1 Global demand in body & chassis, by region, 2012 – 2020
4.4 Convenience
4.4.1 Global demand in convenience, by region, 2012 – 2020
4.5 Safety & Security
4.5.1 Global demand in safety & security, by region, 2012 – 2020
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4.6 Driver Information
4.6.1 Global demand in driver information, by region, 2012 – 2020
Chapter 5 Automotive Relay Regional Overview
5.1 Automotive relay market volume share by region, 2013 & 2020
5.2 North America
5.2.1 Market estimates and forecast by product, 2012 – 2020
5.2.2 Market estimates and forecast by application, 2012 – 2020
5.2.3 U.S.
5.2.3.1 Market estimates and forecast by product, 2012 – 2020
5.2.3.2 Market estimates and forecast by application, 2012 – 2020
5.2.4 Mexico
5.2.4.1 Market estimates and forecast by product, 2012 – 2020
5.2.4.2 Market estimates and forecast by application, 2012 – 2020
5.3 Europe
5.3.1 Market estimates and forecast by product, 2012 – 2020
5.3.2 Market estimates and forecast by application, 2012 – 2020
5.3.3 Germany
5.3.3.1 Market estimates and forecast by product, 2012 – 2020
5.3.3.2 Market estimates and forecast by application, 2012 – 2020
5.3.4 UK
5.3.4.1 Market estimates and forecast by product, 2012 – 2020
5.3.4.2 Market estimates and forecast by application, 2012 – 2020
5.4 Asia Pacific
5.4.1 Market estimates and forecast by product, 2012 – 2020
5.4.2 Market estimates and forecast by application, 2012 – 2020
5.4.3 China
5.4.3.1 Market estimates and forecast by product, 2012 – 2020
5.4.3.2 Market estimates and forecast by application, 2012 – 2020
5.4.4 India
5.4.4.1 Market estimates and forecast by product, 2012 – 2020
5.4.4.2 Market estimates and forecast by application, 2012 – 2020
5.4.5 Japan
5.4.5.1 Market estimates and forecast by product, 2012 – 2020
5.4.5.2 Market estimates and forecast by application, 2012 – 2020
5.5 RoW
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5.5.1 Market estimates and forecast by product, 2012 – 2020
5.5.2 Market estimates and forecast by application, 2012 – 2020
5.5.3 Brazil
5.5.3.1 Market estimates and forecast by product, 2012 – 2020
5.5.3.2 Market estimates and forecast by application, 2012 – 2020
Chapter 6 Competitive Landscape
6.1 ABB Ltd.
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 American Zettler Inc
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Beta Electric Industry Co. Ltd.
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.4 Coto Technology
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Crydom Inc.
6.5.1 Company Overview
6.5.2 Financial performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Cynergy3 Components Corporation
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiative
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6.7 Daesung Electric Co., Ltd
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Deltrol Controls
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.9 Denso Corporation
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Eaton Corporation
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Fujitsu
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product benchmarking
6.12 Good Sky Electric Co., Ltd.
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.13 Guardian Electric
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.14 Idec Corporation
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product benchmarking
6.14.4 Strategic Initiatives
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6.15 International Rectifier Corporation
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
6.16 Littelfuse Inc
6.16.1 Company Overview
6.16.2 Financial Performance
6.16.3 Product Benchmarking
6.17 Megatone Electronics Corp.
6.17.1 Company Overview
6.17.2 Financial Performance
6.17.3 Product Benchmarking
6.18 Microsemi Corp.
6.18.1 Company Overview
6.18.2 Financial Performance
6.18.3 Product Benchmarking
6.18.4 Strategic Initiatives
6.19 Naidian Group Co. Ltd
6.19.1 Company Overview
6.19.2 Financial Performance
6.19.3 Product Benchmarking
6.20 NEC Corporation
6.20.1 Company Overview
6.20.2 Financial Performance
6.20.3 Product Benchmarking
6.20.4 Strategic Initiatives
6.21 Nippon-Aleph
6.21.1 Company Overview
6.21.2 Financial Performance
6.21.3 Product Benchmarking
6.22 Oen India Ltd.
6.22.1 Company Overview
6.22.2 Financial Performance
6.22.3 Product Benchmarking
6.23 Omron Corporation
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6.23.1 Company Overview
6.23.2 Financial Performance
6.23.3 Product Benchmarking
6.24 Panasonic Corporation
6.24.1 Company Overview
6.24.2 Financial Performance
6.24.3 Product Benchmarking
6.24.4 Strategic Initiatives
6.25 Relpol SA
6.25.1 Company Overview
6.25.2 Financial Performance
6.25.3 Product Benchmarking
6.26 Salzer Electronics
6.26.1 Company Overview
6.26.2 Financial Performance
6.26.3 Product Benchmarking
6.27 SanYou Relay
6.27.1 Company Overview
6.27.2 Financial Performance
6.27.3 Product Benchmarking
6.28 Sharp Corporation
6.28.1 Company Overview
6.28.2 Financial Performance
6.28.3 Product Benchmarking
6.28.4 Strategic Initiatives
6.29 TE Connectivity
6.29.1 Company Overview
6.29.2 Financial Performance
6.29.3 Product Benchmarking
6.29.4 Strategic Initiatives
6.30 Teledyne Relays
6.30.1 Company Overview
6.30.2 Financial Performance
6.30.3 Product Benchmarking
6.30.4 Strategic Initiatives
6.31 TianBo Relay
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6.31.1 Company Overview
6.31.2 Financial Performance
6.31.3 Product Benchmarking
6.32 Vishay Intertechnology, Inc
6.32.1 Company Overview
6.32.2 Financial Performance
6.32.3 Product Benchmarking
6.32.4 Strategic Initiatives
6.33 Weidmuller Interface
6.33.1 Company Overview
6.33.2 Financial Performance
6.33.3 Product Benchmarking
6.33.4 Strategic Initiatives
Chapter 7 Methodology and Scope
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
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Increasing demand for high-frequency signals in automotive industry is expected to drive demand growth over the next six years. It enhances driving experience and provides greater safety for consumers.