August 16, 2019 by Steve Blade
Fact.MR compiled a report on ‘Automotive Relay Market’ for the forecast period of 2017 to 2022. This report on automotive relay market follows both bottom-up and top-down approaches to forecast the future of automotive relay market. The data points included in the report on automotive relay market have been accumulated from various secondary serious and subjected to cross validation by industry experts. In the primary research phase, experts hailing from related industries, manufacturers, and suppliers have been approached to understand the current scenario and future trends in the automotive relay market.
The advent of internet of things coupled with the development of semiconductor is anticipated to rev up automotive relay market . A range of electronic applications such as cruise control, ABS, power steering, sunroof and windows signify the importance of PCB relays. Having said that, switch operated in hostile temperatures and voltage oscillations does not fare well with PCB relays. As such, plug-in versions are preferred in the automotive landscape.
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Table of Content
Chapter 1. Global Automotive Relay Market - Executive Summary. 26
Chapter 2. Global Automotive Relay Market Overview. 28
To be Continue...............
PCB relay is estimated to be the supreme in terms of revenue among all other product types in the automotive relay market. Most of the electronic applications such as ABS, cruise control, doors, power steering, power windows, and sunroof raise consistent requirements for PCB relays. However, in many areas plug-in versions of automotive relays are sought-after as compared to PCB relays. Some of the functions in which PCB relays don’t fit in the bill include switching operations performed amid extreme vibrations, temperatures, and voltage oscillations. In the aforementioned context, plug-in relays are gaining more traction in the automotive relay market.
Passenger cars are anticipated to be the largest among all other vehicle types in the automotive relay market. Government is investing in deliberate efforts to push the sale and use of electric vehicles, which is likely to a ravenous factor for automotive relay market. Another key aspect responsible for supremacy of this segment in automotive relay market is the rising demand for electronic e-fuse over electromagnetic alternative by virtue of modernization of vehicles. The aforementioned aspects outline the prominence of electric vehicles in the foreseeable future. This, in turn, makes it a lucrative segment for the industry participants of automotive relay market.
Automotive Relay Market: Competitive Scenario
Market players of automotive relay market are witnessing cut-throat competition in the wake of design expertise, innovation and breakthroughs, and efficient distribution channels. Vendors of automotive relay market are increasingly keeping an eye on product enhancements, which will facilitate automobile functioning and revitalize the driver experience. Many automakers have consistently improved the fuel efficiency ratio and curtailed carbon footprint as a corporate priority. Some of the key players featured in the report include Delphi Automotive, HELLA KGaA Hueck & Co.., Eaton Corporation PLC., TE Connectivity Ltd., Panasonic Corporation, Denso Corporation, Fujitsu Limited, and Infineon Technologies AG.
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