Press release
Automotive Relay Market 2022 | Market Worth US$ 21.2 Billion by 2027 | Growth Rate (CAGR) of 5.6% | IMARC Group
The latest report by IMARC Group, titled "Automotive Relay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global automotive relay market. The report also includes competitor and regional analysis, and contemporary advancements in the market.The global automotive relay market reached a value of US$ 15.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.2 Billion by 2027, exhibiting a CAGR of 5.6% during 2022-2027.
An automotive relay represents an electromechanical switching device wherein coils generate magnetic force to control and operate a high current circuit in vehicles, such as vans, cars, trucks, trailers, etc. It is usually installed in harnesses, infotainment systems, and box modules, including auxiliary lamp, fan motor, horn, headlight, blower motor, rear and front area, engine, body control, powertrain, roof, seat, door, etc. Automotive relay enhances passenger comfort, supports advanced safety features, can operate in a harsh environment, etc. Presently, it is commonly available in several forms, ranging from plug-ins and printed circuit boards (PCBs) to high-voltage and nominal coil voltage contactors.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/automotive-relay-market/requestsample
Important Attribute and highlights of the Report:
• Detailed analysis of the global market share
• Market Segmentation
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape
• Strategies of major players and product offerings
Market Trends and Drivers:
The increasing utilization of off-road vehicles for construction purposes, owing to the growing investments in infrastructural development, is primarily driving the automotive relay market. Additionally, the rising number of fatal road accidents is augmenting the product adoption in switches for airbags, backup sensing systems, energy-absorbing steering, seat belts, head-up display (HUD), head restraints, etc., which is further catalyzing the market growth.
Apart from this, the inflating need for vehicle electrification, on account of the implementation of various stringent regulations by government bodies across countries on fuel efficiency, is acting as another significant growth-inducing factor. Moreover, the emerging trend of connected and modern vehicles is also stimulating the use of compact relays in power windows, power steering, sunroof, cruise control, navigation services, etc. Besides this, the escalating demand for the latest infotainment systems in automobiles is projected to fuel the automotive relay market in the coming years.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/automotive-relay-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
• ABB Ltd.
• BorgWarner Inc.
• DENSO Corporation
• Eaton Corporation plc
• Fujitsu Limited (Furukawa Co. Ltd.)
• HELLA GmbH & Co. KGaA
• Littelfuse Inc.
• LS Automotive India Pvt Ltd.
• OMRON Corporation
• Panasonic Corporation
• Robert Bosch GmbH
• Siemens AG
• TE Connectivity
Breakup by Product:
• PCB Relay
• Plug-in Relay
• High Voltage Relay
• Others
Breakup by Application:
• Powertrain Systems
• Body and Chassis
• Convenience
• Safety and Security
• Driver Information
Breakup by Vehicle Type:
• Passenger Vehicles
• Commercial Vehicles
• Electric Vehicles
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Read Latest Research Reports by IMARC Group:
• Microinsurance Market: https://www.imarcgroup.com/microinsurance-market
• Coil Coatings Market: https://www.imarcgroup.com/coil-coatings-market
• Ethylene Glycol Market: https://www.imarcgroup.com/ethylene-glycol-market
• Digital Asset Management Market: https://www.imarcgroup.com/digital-asset-management-market
• Rainwater Harvesting Market: https://www.imarcgroup.com/rainwater-harvesting-market
• Refrigerant Market: https://www.imarcgroup.com/refrigerant-market
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
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 2022 | Market Worth US$ 21.2 Billion by 2027 | Growth Rate (CAGR) of 5.6% | IMARC Group here
News-ID: 2846086 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Relay
Global Telecommunication Relay Service Market Size by Application, Type, and Geo …
USA, New Jersey- According to Market Research Intellect, the global Telecommunication Relay Service market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The telecommunication relay service (TRS) market is growing steadily due to the increasing focus on accessibility and inclusive communication technologies. TRS enables individuals with…
Global Medium Voltage Protection Relay Market Size by Application, Type, and Geo …
USA, New Jersey- According to Market Research Intellect, the global Medium Voltage Protection Relay market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The growing need for dependable and effective electrical power distribution systems is driving the market for medium voltage protection relays. These relays are…
Europe Automotive Relay Market Consumer Trends
𝐄𝐮𝐫𝐨𝐩𝐞 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐑𝐞𝐥𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐬 𝐒𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲'𝐬 𝐅𝐮𝐭𝐮𝐫𝐞
As the automotive industry across Europe undergoes significant changes, the market for automotive relays has experienced remarkable growth. A key component in vehicle electrical systems, relays support functionalities from lighting to powertrains, safety features, and advanced driver assistance systems (ADAS). With growing emphasis on electric vehicles (EVs), sustainability, and safety, consumer preferences and regulatory influences are pushing the market to evolve.…
Global Relay Market Research Report 2023
The global Relay market was valued at US$ 6763.1 million in 2022 and is anticipated to reach US$ 8688.4 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029.
VIEW FULL REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-25P9083/global-relay
Relay Market
A relay is an electrically operated switch. It consists of a set of input terminals for a single or multiple control signals, and a set of operating contact terminals. The switch may have any number of…
Magnetic Control Relay Market To Witness Astonishing Growth With Magnetic Contro …
QY Research has recently published a new report, titled Magnetic Control Relay Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application. The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Magnetic Control Relay market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their…
Global Reed Relay Market Insights, Forecast
This report presents the worldwide Reed Relay market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=60463
Table of Contents:
Table of Contents
1 Study Coverage
…