The Latin America, Middle East and Africa Automotive Relay Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
A key component of many advanced driver assistance systems (ADAS) technologies, automotive semiconductors, and relays enable ADAS systems to operate effectively, identify and categorize items in the path of moving vehicles, and warn drivers of their immediate surroundings and road conditions. On the basis of calculations done using semiconductors & related components, these systems can also autonomously slow down or stop vehicles based on the road conditions. A digital or electromechanical controlled switch known as an automotive relay is made for DC voltages in safety systems.
Relays are also utilized when software needs to shift from a high to a low current (or vice versa) in the same circuit. Relays can also operate numerous systems simultaneously, such as turning on the lamps when the wipers come on or extending the antenna when the radio comes on. Automotive relays are therefore commonly employed in car safety features as a result of these advantages. Automotive relay demand is anticipated to increase significantly during the forecast period owing to the rising demand for safety features in automobiles.
The South African automotive industry is estimated to grow at a rapid pace with the fading effect of the COVID-19 pandemic. According to the International Trade Administration, the overall contribution of the South African automotive industry to the GDP in 2020 was 4.9% (2.8% manufacturing and 2.1% retail), lower than 6.4% in 2019, showing the severe effects of COVID-19 on automotive manufacture and retail due to the country's lockdown limitations throughout the year. The production of vehicles and automotive components, the country's largest manufacturing sector, contributed a significant 18.7% of the value added to the nation's manufacturing output, maintaining the industry's position as a major participant in South Africa's industrialization process.
The Brazil market dominated the LAMEA Automotive Relay Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $369.3 million by 2028. The Argentina market experiencing a CAGR of 7.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Automotive Relay Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Automotive Relay Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA PCB Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA PCB Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Plug-in Relay Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Plug-in Relay Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA High Voltage Relay Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA High Voltage Relay Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 14 LAMEA Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 15 LAMEA Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 22 LAMEA Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 23 LAMEA Internal Combustion Engine (ICE) Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Internal Combustion Engine (ICE) Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 28 LAMEA Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 29 LAMEA Powertrain System Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Powertrain System Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Body & Chassis Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Body & Chassis Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Safety & Security Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Safety & Security Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Convenience Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Convenience Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Automotive Relay Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Automotive Relay Market by Country, 2022 - 2028, USD Million
TABLE 41 Brazil Automotive Relay Market, 2018 - 2021, USD Million
TABLE 42 Brazil Automotive Relay Market, 2022 - 2028, USD Million
TABLE 43 Brazil Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 44 Brazil Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 45 Brazil Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 Brazil Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 Brazil Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 48 Brazil Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 49 Brazil Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 50 Brazil Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 51 Argentina Automotive Relay Market, 2018 - 2021, USD Million
TABLE 52 Argentina Automotive Relay Market, 2022 - 2028, USD Million
TABLE 53 Argentina Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 54 Argentina Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 55 Argentina Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Argentina Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 Argentina Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 58 Argentina Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 59 Argentina Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 60 Argentina Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 61 UAE Automotive Relay Market, 2018 - 2021, USD Million
TABLE 62 UAE Automotive Relay Market, 2022 - 2028, USD Million
TABLE 63 UAE Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 64 UAE Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 65 UAE Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 UAE Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 UAE Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 68 UAE Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 69 UAE Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 70 UAE Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Automotive Relay Market, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Automotive Relay Market, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Saudi Arabia Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 78 Saudi Arabia Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 81 South Africa Automotive Relay Market, 2018 - 2021, USD Million
TABLE 82 South Africa Automotive Relay Market, 2022 - 2028, USD Million
TABLE 83 South Africa Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 84 South Africa Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 85 South Africa Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 86 South Africa Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 87 South Africa Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 88 South Africa Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 89 South Africa Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 90 South Africa Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 91 Nigeria Automotive Relay Market, 2018 - 2021, USD Million
TABLE 92 Nigeria Automotive Relay Market, 2022 - 2028, USD Million
TABLE 93 Nigeria Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 94 Nigeria Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 95 Nigeria Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 96 Nigeria Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 97 Nigeria Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 98 Nigeria Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 99 Nigeria Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 100 Nigeria Automotive Relay Market by Application, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Automotive Relay Market, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Automotive Relay Market, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Automotive Relay Market by Product, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Automotive Relay Market by Product, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Automotive Relay Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Automotive Relay Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 107 Rest of LAMEA Automotive Relay Market by Propulsion, 2018 - 2021, USD Million
TABLE 108 Rest of LAMEA Automotive Relay Market by Propulsion, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA Automotive Relay Market by Application, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA 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.