Relays are electric switches which are used as
electromagnets to mechanically work as a switch. Relays’ are widely used due to
the need of disconnecting a powering circuit by separating the connected
contacts. These days automotive relays are registering an exponential demand
for automobile systems of electrical vehicles.The use of relay’s allows
switching between circuits of automotive, industrial,trucks, and heavy
equipment. The relay operation is carried out by a high current circuit
controlled by a low current circuit with the assistance of the automotive relays.
The automotive relay switches between the process that are related to single output.
The automotive relay is able to operate from different sizes & shapes used
in sea and land vehicles. The relays are the most commonly used for car
flashlights, anti-locking brake systems, car alarm systems, car antennas,
horns, car stereos, intermittent wipers among other applications.
According to study, “Global
Automotive Relay Market Size Study, by Product (PCB, Plug in and High
Voltage Relay) Vehicle type (Commercial, Passenger and electric), By
Application (HVAC, Engine, Lights, Others) and Regional (North America, Europe,
Asia Pacific, Latin America, and Rest of the World) Forecasts, 2017-2025 (USD
Billion/Million)” the other key operating companies currently operating in the
global automotive relay market are Coto Technology,Delphi Automotive LLP, Deltrol
Controls, Mitsuba Corp., American Zettler Inc., Hella KGaAHueck & Co.
(HELLA), Nidec Corp., SHARP Corp., IDEC Corporation,Denso Corp., TE
Connectivity Ltd., ABB Ltd., AISTOM, Omron Corporation, Eaton Corp., Siemens
AG, Robert Bosch GmbH, NEC Corporation,Mouser Electronics, Inc., American
Zettler,Fujitsu Ltd., NEC Corp., Johnson Electric, Panasonic Corporation, Littelfuse
Inc.
Based on the type of the product global automotive
relay market is segmented into plug-in relay, Printed Circuit Board (PCB)relay,
time relay, protective relay, signal relay and high voltage relay or screw
mounted relay. Based on the vehicle type, market is segmented into passenger,
commercial and electric vehicle. Based on the load &application, market is segmented
into door lock, engine management module, power seat, motor & pumps, heating,
ventilation, and air conditioning (HVAC), fuel injection, lights or lamps and
others (sunroof, power window and ABS control).
The global automotive relay market is driven by the
riseof real estate developments, followed by growing industrialization, increasing
trends toward vehicle electrification, fuel efficiency standards, safety, and
strict emission norms. Additionally, the energy saving and environmental
friendliness are some of the key characteristics expected to drive the market
over the forecasted period. Apart from the major benefits some of the other key
restraints associated are dominance of local manufacturers followed by the unavailability
of the standard relay design and connected with the smart junction boxes &
smart fuse boxes for the autonomous cars. Moreover, some of the other key
opportunities includes the impact of 48V architecture with the demand of high
switching capacity relays for electric or the hybrid power trains.The systems of
electronics stability control, advanced driver assistance systems (ADAS), brake-by-wire
systems, electronic steering systems, and airbags are expected to gain the same
across the world, due to their safety & comfort benefits. In addition, strict
safety guidelines are expected to utilize substantial pressure on Tier-1
suppliers and the OEMs to design the enhanced safety systems for automobiles. It
is expected that the global automotive relay market to reach at US $19.5
billion, by 2025.
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report, refer to below link:
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