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(Transportation-News.com, August 08, 2018 ) Market Overview:-
PCBs are projected to acquire over 75% of the total automotive relay market till 2024. The high revenue generation is attributed to the rising demand for compact devices across the automobile industry. Moreover, benefits such as their high current carrying capacity and significant space saving due to the miniaturized will escalate the industry over the forecast timespan. Manufacturers of PCB relays focus on penetration into potential business and continuous innovations in their products to diversify their product line.
Increasing usage of electronic equipment in the vehicles will majorly drive the automotive relay market over the next eight years. Rising demand for enhanced driving experience coupled with favorable regulatory framework regarding the vehicle safety across the globe has induced immense potential to the industry size. The industry players focus on the technological advancements in their products which have resulted in high replacement frequency of plug-in relays with PCBs, supporting the industry growth till 2024. Increasing speed of communication along with proliferating acceptance of smartphones across the globe will further propel the automotive relay market size.
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Top Key Players:-
The key players of global Automotive Relay Market are Denso Corporation, Eaton Corporation, ABB, Microsemi Corporation, Fujitsu, and Omron Electronics.
Regional Segmentations:-
High demand of automotive PCB relays in Asia Pacific and Europe has induced an immense potential to the industry size. Stringent government regulations in Europe regarding incorporation of safety features into vehicles, replacement of obsolete technologies, and fuel efficiency standards will further gain an advantage in the automotive relay industry over the forecast time frame.
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Major Points of Table Of Content:-
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry Insights and validation
1.1.4 Scope, definitions, and forecast parameters
1.1.4.1 Definitions
1.1.4.2 Vehicle Production Methodology
1.1.4.3 Market Engineering
1.1.4.4 Estimated automobile production capacity of various countries in 2015
1.1.4.5 Key information gained from primary sources
1.1.4.6 To further validate our research, there had been a vivid study on automobile pricing in various countries
1.1.4.7 Forecast and parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Automotive relay industry 3600 synopsis, 2012 – 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Automotive Relay Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2012 – 2024
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Manufacturers
3.3.3 Profit margin analysis
3.3.4 Distribution channel analysis
3.3.4.1 B2B
3.3.4.2 Aftermarket
3.3.5 End-users
3.3.6 Vendor matrix
3.4 Technology landscape
3.4.1 Insert Molding Technology
3.4.2 Bistable (Latching) Technology
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Underwriter’s Laboratories, Inc.
3.5.1.2 National Electrical Code
3.5.1.1 SAE J1772
3.5.2 EU
3.5.2.1 VDE (Verband Deutschen Elektrotechniker envy.)
3.5.2.2 International Electrotechnical Commission (IEC)
3.5.2.3 RoHS and ELV
3.5.3 China
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Considerable automobile safety regulations
3.6.1.2 Growing electronic content in vehicles
3.6.2 Industry pitfalls & challenges
3.6.2.1 Standardization concerns
3.7 Innovation & sustainability
3.8 Growth potential analysis
3.9 Porter’s analysis
3.10 Competitive landscape
3.10.1 Market share analysis, 2016
3.10.2 Strategy dashboard
3.11 PESTEL analysis
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Convenience system, such as keyless entry system, electronic power steering, and sunroof control, require relays on a large-scale for providing efficient control. They are increasingly used in the safety and security systems, such as car security alarm and anti-lock braking systems (ABS), owing to the rising road safety concerns.
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Source: EmailWire.Com 
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