Automotive Relay Market Insights | Key Players: TE Connectivity (Switzerland), Panasonic Corporation (Japan), Denso Corporation (Japan), Omron Corporation (Japan), and American Zettler (U.S.)
Automotive electronics play an important role in maintaining fuel efficiency, safety standards, comfort, and connectivity. Hence, OEMs are focused on the modernization of the vehicle. As a result, the mechanical operations of a vehicle are getting replaced by electronic systems. These include airbags, anti-lock brake controls, wiper controls, and others. The demand for electronics systems is driving the automotive relay market. On the other hand, the unavailability of a standard relay design is a restraint for the automotive relay market as relays can be categorized by terminal arrangements and different functions. Due to this flexibility, a relay can be designed according to its usability. Hence, OEMs develop automotive relays by adhering to their standards of relay specification.
View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-relay-switche-market-13970338.html
“The market for PCB relays is estimated to witness the fastest growth in the automotive relay market”
PCB relays are projected to lead the automotive relay market, in terms of volume and value, during the forecast period. Automakers are seeing demand for smaller devices that are capable of carrying greater current loads. The main reason for using PCB relays is its miniaturized size, which saves considerable space in the automobile junction box. The major applications where PCB relays are employed are ABS, cruise control, doors, power steering, power windows, sunroof, and others. Asia-Oceania and Europe are estimated to be the fastest growing markets for PCB relay. Asia-Oceania has the highest market share in the automotive relay market.
Get Free 10% customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=13970338
“Premium car segment constitutes the largest market in the automotive relay market globally”
The premium car segment holds the largest share of around 35%–40% in the automotive relay market. OEMs are focusing on additional features in the areas of infotainment, telematics, and safety. These features will add to the electronic content of a vehicle, and efficient designing and packaging of electronic content will give superior performance with reduced weight. This will also help to increase the fuel efficiency of the vehicle. In countries such as Germany and the U.S., the penetration of premium cars is higher as compared to other countries owing to the high disposable income levels of individuals and presence of major automotive OEMs such as Volkswagen AG, Audi, BMW, General Motors, Chrysler, and others. A premium car, on an average, employs 100–150 relays, and mid-priced car employs 50–70 relays, which help in performing the electronic applications. Hence, the premium car relay market is the largest among all the vehicle segments.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=13970338
“Asia-Oceania region constitutes the largest market size in automotive relay market”
Asia-Oceania is estimated to lead the automotive relay market, as the region represents countries such as China, Japan, South Korea, and India with the world’s highest vehicle production. The automobile industry is flourishing in this region, especially in South Asia. Additionally, Asia-Oceania has created hubs for automobile manufacturers and automotive component suppliers. Changing consumer preferences, increasing the disposable income of the middle-class population, and cost advantages for OEMs are driving the automotive production in this region. This is a positive development for the automotive relay market. The presence of major relay manufacturers such as Panasonic Corporation (Japan), Omron Corporation (Japan), Fujitsu (Japan) and NEC Corporation (Japan) also boosts the automotive relay market in this region.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Visit Our Website: https://www.marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Relay Market Insights | Key Players: TE Connectivity (Switzerland), Panasonic Corporation (Japan), Denso Corporation (Japan), Omron Corporation (Japan), and American Zettler (U.S.) here
News-ID: 1617715 • Views: 431
More Releases from MarketsandMarkets™
A2P Messaging Market expected to gain $72.8 billion by 2025
According to a new market research report "A2P Messaging Market by Component (Platform and A2P Service), Application (Authentication, Promotional and Marketing, and CRM), Deployment Mode, SMS Traffic (National and Multi-Country), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size to grow from USD 62.1 billion in 2020 to USD 72.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.2% during the
Foot and Ankle Devices Market worth $5.3 billion by 2025 - Leading Key Players a …
According to the new market research report "Foot and Ankle Devices Market by Product (Implants, Plates, Screw, Wires, Internal Fixators, Braces, Prosthesis (SACH, Single/Multi-Axial)), Application (Rheumatoid Arthritis, Osteoporosis, Hammertoe), Enduser (Hospital, ASCs) - Global Forecasts to 2025", published by MarketsandMarkets™, the Foot and Ankle Devices Market is projected to reach USD 5.3 billion by 2025 from USD 3.9 billion in 2020, at a CAGR of 6.4% during the forecast period. Browse
Chromatography Instruments Market worth $11.0 billion by 2025 - Leading Key Play …
According to the new market research report "Chromatography Instruments Market by Type (Liquid Chromatography, Gas Chromatography), Consumable & Accessory (Columns, Detectors, Pressure Regulators), End User (Life Science Industry, Oil & Gas Industry), and Region - Analysis & Global Forecasts to 2025", published by MarketsandMarkets™, the Chromatography Instruments Market is expected to reach USD 11.0 billion by 2025 from USD 8.6 billion in 2020, at a CAGR of 5.1%. Browse in-depth TOC
Smart Buildings Market will reach to $108.9 billion by 2025
According to a new market research report "Smart Buildings Market by Component (Solution (Safety and Security Management, Energy Management, Building Infrastructure Management, Network Management, IWMS), Services), Building Type (Residential, Commercial, Industrial), Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 66.3 billion in 2020 to USD 108.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast
More Releases for PCB
Automotive PCB Relays Market Forecast Report on Automotive PCB Relays Market 202 …
The report published on the global Automotive PCB Relays market is a comprehensive analysis of a variety of factors that are prevalent in the Automotive PCB Relays market. An industrial overview of the global market is provided along with the market growth hoped to be achieved with the products that are sold. Major companies who occupy a large market share and the different products sold by them in the global market are
PCB Laminate Market | Ibiden Co., Ltd., Nan Ya PCB Co., Ltd., Shenzhen Kinwong E …
Electronic systems have undergone tremendous transformation over the years on the coattails of rising demand for improved performance and better functionality in these systems. Today, printed circuit boards (PCBs) have become the foundation of majority of electronic products and their applications continue to grow well. PCBs have conductive pathways etched with copper sheets which are laminated to ensure that they do not conduct a signal or current. Get Brochure of the
The maestros amongst PCB separators
- cab from May 7 to 9, 2019, on-site at the SMTconnect in Nuremberg displays solutions for PCB separation and transport, laser marking, label printing and labeling. Precise separation In the field of PCB separation, devices of the MAESTRO series cut pre-scored PCB of different lengths and materials. Only 33 cm in height, 20 cm in width and 62 cm in depth, the compact MAESTRO 2M requires little footprint. A motor
Multilayer PCB Global Market Research Report 2025
Multilayer PCB Report by Material, Application, and Geography Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). Access more details about this report at: https://www.research2reports.com/report-electronics-goods/multilayer-pcb-market/81440 The report firstly introduced the Multilayer PCB basics: definitions, classifications, applications and market overview;
Global PCB & PCBA Market 2017 - Ibiden, ZDT, Tripod, TTM, SEI, Viasystems, Nanya …
This report studies PCB & PCBA in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Nippon Mektron Unimicron SEMCO Young Poong Group Ibiden ZDT By types, the market can be split into Rigid 1-2Sided Standard Multilayer HDI IC Substrate Flexible
PCB Board Market 2017- Dongguan HRSC PCB, HTD, ABP Electronics, Advanced Circuit …
A market study ” Global PCB Board Market ” examines the performance of the PCB Board market 2017. It encloses an in-depth Research of the PCB Board market state and the competitive landscape globally. This report analyzes the potential of PCB Board market in the present and the future prospects from various angles in detail. The Global PCB Board Market 2017 report includes PCB Board market Revenue, market Share, PCB Board