The North America Automotive Relay Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Depending on the features that are added to the vehicle, the number of relays in the vehicle is determined in a vehicle. As they allow a low circuit to go with the control circuit to manage a high voltage go with the drift circuit, like a vehicle's horn, headlights, auxiliary lamps, fans, blower cars, and endless portions of device current on modern cars, 12VDC relays are the best solution for full voltage applications. Relays are widely used in circuits to reduce the amount of electricity flowing through the primary control switch.
To turn on and off a much better potential relay, use a sensor, timer, or switch with very low amperage. Relays are also frequently used when updating an outdated car's headlights from incandescent to halogen. Halogen headlight switches are under added pressure since the current they require is far higher than what the OEM switches were intended to handle. Relays are also necessary when installing a cooling fan that is powered by electricity. Without a relay, all of the additional strain from the fan can be applied at the switch, which is primarily another cause of early failure.
There is a rising focus of the government of regional countries to improve their sales of vehicles. The automotive sector includes businesses involved in the manufacture, distribution, retail, and upkeep of automobiles. The North American Industry Classification System (NAICS) does not technically define this industry, but for analytical purposes, the Bureau of Labor Statistics refers to a collection of specific industries as the automotive industry. This list, while not inclusive, contains sectors that could be adversely affected by adjustments to the nation's car manufacturing and sales.
The US market dominated the North America Automotive Relay Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,108 million by 2028. The Canada market is poised to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% during (2022 - 2028).
Based on Product, the market is segmented into PCB, Plug-in Relay, High Voltage Relay, and Others. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on Propulsion, the market is segmented into Internal Combustion Engine (ICE) and Electric & Hybrid. Based on Application, the market is segmented into Powertrain System, Body & Chassis, Safety & Security, Convenience, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Relay Market is Predict to reach $20.7 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Fujitsu Limited, Omron Corporation, Panasonic Corporation, Robert Bosch GmbH, Littelfuse, Inc., Denso Corporation, MITSUBA Corporation, LS Automotive Technologies Co., Ltd., and Xiamen Hongfa Electroacoustic Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- PCB
- Plug-in Relay
- High Voltage Relay
- Others
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Propulsion
- Internal Combustion Engine (ICE)
- Electric & Hybrid
By Application
- Powertrain System
- Body & Chassis
- Safety & Security
- Convenience
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- TE Connectivity Ltd.
- Fujitsu Limited
- Omron Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Littelfuse, Inc.
- Denso Corporation
- MITSUBA Corporation
- LS Automotive Technologies Co., Ltd.
- Xiamen Hongfa Electroacoustic Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Relay Market, by Product
1.4.2 North America Automotive Relay Market, by Vehicle Type
1.4.3 North America Automotive Relay Market, by Propulsion
1.4.4 North America Automotive Relay Market, by Application
1.4.5 North America Automotive Relay Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Automotive Relay Market
Chapter 4. North America Automotive Relay Market by Product
4.1 North America PCB Market by Country
4.2 North America Plug-in Relay Market by Country
4.3 North America High Voltage Relay Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Automotive Relay Market by Vehicle Type
5.1 North America Passenger Cars Market by Country
5.2 North America Light Commercial Vehicles Market by Country
5.3 North America Heavy Commercial Vehicles Market by Country
Chapter 6. North America Automotive Relay Market by Propulsion
6.1 North America Internal Combustion Engine (ICE) Market by Country
6.2 North America Electric & Hybrid Market by Country
Chapter 7. North America Automotive Relay Market by Application
7.1 North America Powertrain System Market by Country
7.2 North America Body & Chassis Market by Country
7.3 North America Safety & Security Market by Country
7.4 North America Convenience Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Automotive Relay Market by Country
8.1 US Automotive Relay Market
8.1.1 US Automotive Relay Market by Product
8.1.2 US Automotive Relay Market by Vehicle Type
8.1.3 US Automotive Relay Market by Propulsion
8.1.4 US Automotive Relay Market by Application
8.2 Canada Automotive Relay Market
8.2.1 Canada Automotive Relay Market by Product
8.2.2 Canada Automotive Relay Market by Vehicle Type
8.2.3 Canada Automotive Relay Market by Propulsion
8.2.4 Canada Automotive Relay Market by Application
8.3 Mexico Automotive Relay Market
8.3.1 Mexico Automotive Relay Market by Product
8.3.2 Mexico Automotive Relay Market by Vehicle Type
8.3.3 Mexico Automotive Relay Market by Propulsion
8.3.4 Mexico Automotive Relay Market by Application
8.4 Rest of North America Automotive Relay Market
8.4.1 Rest of North America Automotive Relay Market by Product
8.4.2 Rest of North America Automotive Relay Market by Vehicle Type
8.4.3 Rest of North America Automotive Relay Market by Propulsion
8.4.4 Rest of North America Automotive Relay Market by Application
Chapter 9. Company Profiles
9.1 TE Connectivity Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.1 Recent strategies and developments:
9.1.1.1 Acquisition and Mergers:
9.1.2 SWOT Analysis
9.2 Fujitsu Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product Launches and Product Expansions:
9.2.5 SWOT Analysis
9.3 Omron Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Panasonic Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Robert Bosch GmbH
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 SWOT Analysis
9.6 Littelfuse, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.7 Denso Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 MITSUBA Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.9 LS Automotive Technologies Co., Ltd. (LS Mtron Co., Ltd.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10. Xiamen Hongfa Electroacoustic Co., Ltd. (Hongfa Technology Co.)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Acquisition and Mergers:
TABLE 1 North America Automotive Relay Market, 2018 - 2021, USD Million
TABLE 2 North America Automotive Relay Market, 2022 - 2028, USD Million
TABLE 3 North America Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 4 North America Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 5 North America PCB Market by Country, 2018 - 2021, USD Million
TABLE 6 North America PCB Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Plug-in Relay Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Plug-in Relay Market by Country, 2022 - 2028, USD Million
TABLE 9 North America High Voltage Relay Market by Country, 2018 - 2021, USD Million
TABLE 10 North America High Voltage Relay Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 14 North America Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 15 North America Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 22 North America Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 23 North America Internal Combustion Engine (ICE) Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Internal Combustion Engine (ICE) Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 28 North America Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 29 North America Powertrain System Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Powertrain System Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Body & Chassis Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Body & Chassis Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Safety & Security Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Safety & Security Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Convenience Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Convenience Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Automotive Relay Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Automotive Relay Market by Country, 2022 - 2028, USD Million
TABLE 41 US Automotive Relay Market, 2018 - 2021, USD Million
TABLE 42 US Automotive Relay Market, 2022 - 2028, USD Million
TABLE 43 US Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 44 US Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 45 US Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 US Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 US Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 48 US Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 49 US Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 50 US Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 51 Canada Automotive Relay Market, 2018 - 2021, USD Million
TABLE 52 Canada Automotive Relay Market, 2022 - 2028, USD Million
TABLE 53 Canada Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 54 Canada Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 55 Canada Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Canada Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 Canada Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 58 Canada Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 59 Canada Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 60 Canada Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 61 Mexico Automotive Relay Market, 2018 - 2021, USD Million
TABLE 62 Mexico Automotive Relay Market, 2022 - 2028, USD Million
TABLE 63 Mexico Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 64 Mexico Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 65 Mexico Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 Mexico Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Mexico Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 68 Mexico Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 69 Mexico Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 70 Mexico Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 71 Rest of North America Automotive Relay Market, 2018 - 2021, USD Million
TABLE 72 Rest of North America Automotive Relay Market, 2022 - 2028, USD Million
TABLE 73 Rest of North America Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 74 Rest of North America Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 75 Rest of North America Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Rest of North America Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Rest of North America Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 78 Rest of North America Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 79 Rest of North America Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 80 Rest of North America Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 81 Key information –TE Connectivity Ltd.
TABLE 82 Key Information – Fujitsu Limited
TABLE 83 Key Information – Omron Corporation
TABLE 84 Key Information – Panasonic Corporation
TABLE 85 key information – Robert Bosch GmbH
TABLE 86 Key Information – Littelfuse, Inc.
TABLE 87 key information – Denso Corporation
TABLE 88 Key Information – MITSUBA Corporation
TABLE 89 Key Information – LS Automotive Technologies Co., Ltd.
TABLE 90 Key Information – Xiamen Hongfa Electroacoustic Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: TE Connectivity Ltd.
FIG 3 SWOT Analysis: Fujitsu Limited
FIG 4 SWOT Analysis: Omron Corporation
FIG 5 SWOT Analysis: Panasonic Corporation
FIG 6 Swot analysis: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Littelfuse, Inc.