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Automotive Relay Market

The Automotive Relay Market is estimated to be USD 12.39 Billion in 2017 and is projected to grow at a CAGR of 6.20% during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017 to 2022. Factors such as increasing trend of vehicle electrification, stringent emission norms, and fuel efficiency standards are driving the automotive relay market across the globe. Also, increasing demand for premium and mid-priced passenger cars has increased the comfort and luxury applications in the car, which has, in turn, boosted the global market.

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Automotive Relay Market

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  1. Automotive Relay Market to Touch 16.75 Billion USD by 2022

  2. The Automotive Relay Market is estimated to be USD 12.39 billion in 2017 and is projected to grow at a CAGR of 6.20% during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017 to 2022. Factors such as increasing trend of vehicle electrification, stringent emission norms, and fuel efficiency standards are driving the automotive relay market across the globe. Also, increasing demand for premium and mid-priced passenger cars has increased the comfort and luxury applications in the car, which has, in turn, boosted the global market.

  3. Suppliers of automotive relay • Raw material manufacturers of automotive relay components (suppliers for Tier I) • Traders, distributors, and suppliers of automotive relay components or raw materials • Regional manufacturer associations • Automotive OEMs • Organized and unorganized aftermarket suppliers • Government’s national and regional environmental Target Audience Of Automotive Relay Market https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=13970338 Download PDF Brochure

  4. Automotive Relay Market, By Product Type • PCB Relay • Plug-in Relay • High Voltage Relay • Protective Relay • Signal Relay • Time Relay Scope Of The Automotive Relay Market • Electric Vehicle Relay Market, By Vehicle Type • Hybrid Electric Vehicle (HEV) • Plug-In Hybrid Electric Vehicle (PHEV) • Battery Electric Vehicle (BEV)

  5. TE Connectivity (Switzerland) • Panasonic Corporation (Japan) • Denso Corporation (Japan) • Omron Corporation (Japan) • American Zettler (U.S.) Key players of Automotive Relay Market https://www.marketsandmarkets.com/requestsampleNew.asp?id=13970338 Sample Copy

  6. Asia-oceania region is estimated to be the leading market for automotive relayAsia-oceania is estimated to dominate the automotive relay market, as the region represents countries such as china, japan, south korea, and india with the world’s highest vehicle production. According to the organisationinternationale des constructeursdautomobiles (OICA) publication, these countries together contributed ~53% to the global vehicle production in 2016. Additionally,countries like china and india have become manufacturing hubs for automobiles. China’s initiative to reduce sales tax for passenger vehicles is expected to expand the overall volume of vehicle production by 15%–16% in 2016. India is also expected to be the fastest growing market due to increasing disposable income of people. The light vehicle sales in india showed a positive development in the second quarter of 2016, and new models and compact suvs are driving the demand for vehicles. Increased sales would influence the automotive relay market

  7. Browse 108 market data tables and 57 figures spread through 197 pages and in-depth TOC on "Automotive Relay Market by Type (PCB, Plug-In, High Volt, Protective, Time), Load & Application (Door Lock, Power Window, Sunroof, Power Seat, EPS, Lighting, Fuel Injection, AC, Starter, Horn, Wiper), ICE & EV, and 48V Relay Market - Global Forecast to 2022“This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments. Early buyers will receive 10% customization on reports. Get 10 % Free Customization

  8. MarketsandMarkets is the world’s no. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and smes at MarketsandMarkets are tracking global high growth markets following the "growth engagement model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

  9. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441sales@marketsandmarkets.com

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