The Europe Automotive Relay Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
The most frequent circumstances that necessitate the use of a relay are when software needs to switch from high to low current (or vice versa) in a comparable circuit. For instance, the HVAC equipment's temperature sensors need a level of amperage that is significantly greater than what is possible with their cabling. Relays provide the critical amplification needed to increase a tiny current. Relays are available in a range of capacities, sizes, and applications. Although they may differ in different ways, all relays function essentially in the same way and one circuit is utilized to power each relay. Depending on whether the relay is normally open (NO) or normally closed (NC), this occurs in a specific fashion.
Most relays are normally open. In this case, the large circuit is by default in the off position. Power passes through an entry circuit to activate an electromagnet in a usually open relay. This creates a subject that is magnetic and draws interest from the second player. A big circuit that allows the current to drift with it. When the power source is cut off, the spring starts to pull. The contact away from the second circuit blocks the energy's flow and turns off the give-up gadget.
The development of Europe depends on the automotive sector. According to the European Commission, 13.8 million Europeans have direct or indirect occupations in the automobile industry, which accounts for 6.1% of all employment in the EU. The direct manufacturing of motor vehicles employs 2.6 million people or 8.5% of all manufacturing jobs in the EU. The EU is one of the world's top makers of automobiles, and this industry represents the greatest private investor in R&D. The European Commission encourages technology standardization and provides funds for R&D in an effort to increase the competitiveness of the EU automobile industry and maintain its position as a technological leader worldwide.
The Germany market dominated the Europe Automotive Relay Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,375.5 million by 2028. The UK market is estimated to grow a CAGR of 3.8% during (2022 - 2028). Additionally, The France market would experience a CAGR of 5.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The North America Automotive Relay Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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.
TABLE 1 Europe Automotive Relay Market, 2018 - 2021, USD Million
TABLE 2 Europe Automotive Relay Market, 2022 - 2028, USD Million
TABLE 3 Europe Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 4 Europe Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 5 Europe PCB Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe PCB Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Plug-in Relay Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Plug-in Relay Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe High Voltage Relay Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe High Voltage Relay Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 14 Europe Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 15 Europe Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 22 Europe Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 23 Europe Internal Combustion Engine (ICE) Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Internal Combustion Engine (ICE) Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 28 Europe Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 29 Europe Powertrain System Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Powertrain System Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Body & Chassis Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Body & Chassis Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Safety & Security Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Safety & Security Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Convenience Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Convenience Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Automotive Relay Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Automotive Relay Market by Country, 2022 - 2028, USD Million
TABLE 41 Germany Automotive Relay Market, 2018 - 2021, USD Million
TABLE 42 Germany Automotive Relay Market, 2022 - 2028, USD Million
TABLE 43 Germany Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 44 Germany Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 45 Germany Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 Germany Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 Germany Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 48 Germany Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 49 Germany Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 50 Germany Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 51 UK Automotive Relay Market, 2018 - 2021, USD Million
TABLE 52 UK Automotive Relay Market, 2022 - 2028, USD Million
TABLE 53 UK Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 54 UK Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 55 UK Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 UK Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 UK Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 58 UK Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 59 UK Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 60 UK Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 61 France Automotive Relay Market, 2018 - 2021, USD Million
TABLE 62 France Automotive Relay Market, 2022 - 2028, USD Million
TABLE 63 France Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 64 France Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 65 France Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 France Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 France Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 68 France Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 69 France Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 70 France Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 71 Russia Automotive Relay Market, 2018 - 2021, USD Million
TABLE 72 Russia Automotive Relay Market, 2022 - 2028, USD Million
TABLE 73 Russia Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 74 Russia Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 75 Russia Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Russia Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Russia Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 78 Russia Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 79 Russia Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 80 Russia Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 81 Spain Automotive Relay Market, 2018 - 2021, USD Million
TABLE 82 Spain Automotive Relay Market, 2022 - 2028, USD Million
TABLE 83 Spain Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 84 Spain Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 85 Spain Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 86 Spain Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 87 Spain Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 88 Spain Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 89 Spain Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 90 Spain Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 91 Italy Automotive Relay Market, 2018 - 2021, USD Million
TABLE 92 Italy Automotive Relay Market, 2022 - 2028, USD Million
TABLE 93 Italy Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 94 Italy Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 95 Italy Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 96 Italy Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 97 Italy Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 98 Italy Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 99 Italy Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 100 Italy Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Automotive Relay Market, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Automotive Relay Market, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 107 Rest of Europe Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 108 Rest of Europe Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 109 Rest of Europe Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 110 Rest of Europe Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 111 Key information –TE Connectivity Ltd.
TABLE 112 Key Information – Fujitsu Limited
TABLE 113 Key Information – Omron Corporation
TABLE 114 Key Information – Panasonic Corporation
TABLE 115 key information – Robert Bosch GmbH
TABLE 116 Key Information – Littelfuse, Inc.
TABLE 117 key information – Denso Corporation
TABLE 118 Key Information – MITSUBA Corporation
TABLE 119 Key Information – LS Automotive Technologies Co., Ltd.
TABLE 120 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.