The global electric vehicle relay market size accounted for US$ 3.2 billion in 2021 and is projected to reach around USD 41.8 billion by 2030, growing at a CAGR of 33.05% from 2022 to 2030.
Report Summary
The global electric vehicle relay market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the electric vehicle relay market across the globe.
A comprehensive estimate on the electric vehicle relay market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of electric vehicle relay during the forecast period. Price point comparison by region with global average price is also considered in the study.
Electric Vehicle Relay 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 |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized electric vehicle relay market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Electric Vehicle Battery Recycling Market Size 2021-2030
Electric Vehicle Relay Market Players
The report includes the profiles of key electric vehicle relay market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are:
- 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 Segmentation
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
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
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.
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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