Global Automotive Relay Market Analysis 2014-2025: Key Players are ABB, Denso, Eaton, Fujitsu, Hella KGaA & Hueck & Co

The global automotive relay market is anticipated to reach USD 19.5 billion by 2025

Increasing vehicular safety regulations in various regions across the globe is driving the automotive relay market. Further, increasing adoption of electric vehicles amongst passenger car segment end users has made automotive electronics including the automotive relay industry to gain significant market share.

Systems such as advanced driver assistance systems (ADAS), electronic stability control, electronic steering systems, brake-by-wire systems, and airbags are gaining momentum across the globe, owing to their safety and comfort benefits. Strict safety guidelines employ substantial pressure on Tier-1 suppliers and the OEMs to design improved safety systems for automobiles. According to General Safety Regulation (EC) No 661/2009 of Europe, from 1 November 2014, several new safety features have been made obligatory for light trucks, heavy commercial vehicles and new passenger cars. Furthermore, there is a growing demand for enhanced comfort and convenience in automobiles.

Many governments provide lucrative offers to promote the selling and usage of Electric Vehicles EVs. Tax benefits are provided at the time of purchase. However, the extent of exemption depends on the size of batteries used in the vehicle. In the United States, insurance companies provide discounts on insurance policies to customers and utility companies are offering low electricity rates. Also, few states offer credits to electric vehicle manufacturers and buyers for their costs and purchase of charging equipment.

Many European countries follow incentive-based programs for promoting EVs. Countries, like Germany and Austria, offer tax exemptions and reductions.

Further Key Findings From the Report Suggest:

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Research process
1.2 Research methodology
1.3 Geographic scope
1.4 Research scope & assumptions
1.5 List of data sources

Chapter 2 Executive Summary
2.1 Automotive Relay regional market place: Key takeaways

Chapter 3 Automotive Relay Market Variables, Trends & Scope
3.1 Automotive Relay - Market segmentation & scope
3.1.1 Market definitions
3.2 Automotive Relay - Penetration & growth prospect mapping
3.3 Automotive Relay - Market Dynamics
3.3.1 Automotive Relay - Market dynamics
3.3.2 Market driver analysis
3.3.2.1 Stringent Safety Regulation And Demand For Comfort & Luxury
3.3.2.2 Increasing adoption of electric vehicles
3.3.2.3 Growing adoption of the vehicular safety technology
3.4 Automotive Relay - Porter's analysis
3.5 Automotive Wiring Harness - Industry Trend Analysis
3.7 Automotive Relay - Key Company Analysis

Chapter 4 Automotive Relay Market: Product Estimates & Trend Analysis
4.1 Automotive Relay Market: Product Movement Analysis
4.2 PCB Relay
4.3 Plug-in Relay
4.4 High Voltage Relay
4.5 Others

Chapter 5 Automotive Relay Market: Vehicle Type Estimates & Trend Analysis
5.1 Automotive Relay Market: Vehicle Type Movement Analysis
5.2 Passenger Vehicles
5.3 Commercial Vehicles
5.4 Electric Vehicles

Chapter 6 Automotive Relay Market: Application Estimates & Trend Analysis
6.1 Automotive Relay Market: Application Movement Analysis
6.1.1 Global Application Market Analysis
6.1.2 Global Capacitive Load Application Market Analysis
6.1.3 Global Inductive Load Application Market Analysis
6.2 HVAC
6.3 Engine Management Module
6.4 Fog Lights
6.5 ABS Module
6.6 Front and Rear Beam
6.7 Power Window
6.8 Central Lock
6.9 Cooling Fan
6.10 Clutches

Chapter 7 Regional Estimates & Trend Analysis

Chapter 8 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/5nnkmn/global_automotive?w=5

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