June 5, 2024

Electric Vehicle Relay Market Size to Grow US$ 41.8 Billion By 2030

The global electric vehicle relay market size was valued at US$ 3.2 billion in 2021 and is anticipated to grow US$41.8  billion by 2030, registering a CAGR of 33.05%  from 2022 to 2030.

 

The electric vehicle relay market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the electric vehicle relay market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the electric vehicle relay report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the electric vehicle relay market have been studied and analysed across many developments.

Market Scope

Report Coverage Details
Market Size in 2022 USD 4.26 Billion
Market Size by 2030 USD 41.8 Billion
Growth Rate from 2022 to 2030 CAGR of 33.05%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Application, Product, Vehicle Type, Sales Channel, and Geography

Research Approach

The comprehensive report on the global electric vehicle relay market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global electric vehicle relay market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Panasonic Corp.
  • TE Connectivity Ltd.
  • HELLA GmbH & Co. KGaA
  • Furukawa Co., Ltd. (Fujitsu Limited)
  • Hongfa Technology Co Ltd.
  • Willow Technologies Limited
  • Zettler Group
  • Tara Relays Private Limited
  • Song Chuan Group Company (Song Chuan Usa, Inc.)
  • Jiangxi Weiqi Electric Co., Ltd.
  • Other Players

Market Segmentations

By Application

  • Heating
  • Lamps and Filter Capacitors
  • Solenoids, Motors and Pumps
  • Others

By Product

  • Plug-in Relay
  • PCB Relay
  • EV
  • Hybrid

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel

  • OEM
  • Aftermarket

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Vehicle (EV) Relay Market 

5.1. COVID-19 Landscape: Electric Vehicle (EV) Relay Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Vehicle (EV) Relay Market, By Application

8.1. Electric Vehicle (EV) Relay Market, by Application, 2022-2030

8.1.1. Heating

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Lamps and Filter Capacitors

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Solenoids, Motors and Pumps

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Electric Vehicle (EV) Relay Market, By Product

9.1. Electric Vehicle (EV) Relay Market, by Product, 2022-2030

9.1.1. Plug-in Relay

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. PCB Relay

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. EV

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Hybrid

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Electric Vehicle (EV) Relay Market, By Vehicle Type 

10.1. Electric Vehicle (EV) Relay Market, by Vehicle Type, 2022-2030

10.1.1. Passenger Cars

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Light Commercial Vehicles

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Heavy Commercial Vehicles

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Electric Vehicle (EV) Relay Market, By Sales Channel 

11.1. Electric Vehicle (EV) Relay Market, by Sales Channel, 2022-2030

11.1.1. OEM

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Aftermarket

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Electric Vehicle (EV) Relay Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

Chapter 13. Company Profiles

13.1. Panasonic Corp.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. TE Connectivity Ltd.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. TE Connectivity Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Furukawa Co., Ltd. (Fujitsu Limited)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Hongfa Technology Co Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Willow Technologies Limited

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Zettler Group

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Tara Relays Private Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Song Chuan Group Company (Song Chuan Usa, Inc.)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Jiangxi Weiqi Electric Co., Ltd

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global electric vehicle relay market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric vehicle relay are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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