Press release
Global Automotive Relay Market Trends and Forecasts by Key Players: ABB, Fujitsu, Denso Corporation, Eaton Corporation, Panasonic
Global driver information demand from automotive relay market crossed 200 million units in 2016. Increasing need of driver information systems (DIS) in vehicles for weather & traffic information, location services, etc., has favored the segment growth over the past few years and is anticipated to continue the same over the forecast time frame. Rising smartphone penetration will further foster the installation rate of these systems.
Based on Product, PCBs are projected to acquire over 75% of the total automotive relay market till 2024. The high revenue generation is attributed to the rising demand for compact devices across the automobile industry. Moreover, benefits such as their high current carrying capacity and significant space saving due to the miniaturized will escalate the industry over the forecast timespan. Manufacturers of PCB relays focus on penetration into potential business and continuous innovations in their products to diversify their product line.
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Top Key Players:-
The key players of global Automotive Relay Market are ABB, American Zettler, Beta Electric Industry, Coto Technology, Crydom, Cynergy3 Components Corporation, Daesung Electric, Deltrol Controls, Denso Corporation, Eaton Corporation, Fujitsu, Good Sky Electric Co., Guardian Electric Manufacturing, Idec Corporation, International Rectifier Corporation, Littelfuse, Megatone Electronics, Microsemi Corp, Naidian Group, NEC Corporation, Nippon Aleph Corporation, Omron Corporation, Panasonic Corporation, TE Connectivity, Teledyne Relays, TianBo Relay, Vishay Intertechnology, Salzer Electronics, Sanyou Relays.
Regional Segmentations:-
On the basis of region, Automotive Relay Market Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, China, India, Japan, South Korea, Vietnam, Australia, Thailand, Brazil, Argentina, Egypt, Iran, South Africa, Turkey), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
High demand of automotive PCB relays in Asia Pacific and Europe has induced an immense potential to the industry size. Stringent government regulations in Europe regarding incorporation of safety features into vehicles, replacement of obsolete technologies, and fuel efficiency standards will further gain an advantage in the automotive relay industry over the forecast time frame.
Major Points of Table Of Content:-
1. Methodology and Scope
2. Executive Summary
3. Automotive Relay Industry Insights
4. Automotive Relay Market, By Product
5. Automotive Relay Market, By Application
6. Automotive Relay Market, By Region
7. Company Profiles
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The report for Global Automotive Relay Market of Global Market Insights comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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