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Asia Pacific Automotive Relay Market Size, Share, Growth: By Relay Type: Printed Circuit Board (PCB) Relays, Plug-In Relays, High Voltage Relays, Protective Relays, Time Relays, Signal Relays; By Vehicle Type: Passenger Cars, Commercial Vehicles, Others; By Ampere; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Asia Pacific Automotive Relay Market Outlook
The Asia Pacific automotive relay market size is projected to grow at a CAGR of 6.5% between 2024 and 2032. The market is being aided by the increasing demand for protective relays.
Key Takeaways:
- China is expected to constitute a major portion of the Asia Pacific automotive relay market share.
- Increasing vehicle production in the Asia Pacific is expected to surge the demand for automotive relays.
- The increasing demand for protective relays is expected to favour the market growth.
As the automotive industry switches towards the adoption of powerful (800V) EV batteries, significant risks related to passenger safety have emerged. To combat this challenge, companies are integrating innovative solid-state relay solutions into their vehicles, which are up to 90% smaller and 10 times more durable than electromechanical automotive relays. They also possess a higher insolation capacity and are faster than electromechanical automotive relays. This is expected to drive the Asia Pacific automotive relay market expansion over the forecast period.
The increasing demand for protective relays has become one of the key Asia Pacific automotive relay market trends. Such relays ensure that the flow of current does not exceed a preset threshold limit, which can damage the automotive equipment. Moreover, they prevent equipment damage from high temperature or through reverse polarity connections.
Time relays are expected to remain an integral component of automobiles because of their numerous applications which enhance passenger comfort and convenience. This includes leaving a time gap between the moment headlights are switched off and passengers exit the vehicle so that visibility and safety can be improved. Time relays are also used to control the movement of windshield wipers for optimising the driving experience. This is expected to drive the Asia Pacific automotive relay market growth in the forecast period.
Market Segmentation
Asia Pacific Automotive Relay Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Relay Type
- Printed Circuit Board (PCB) Relays
- Plug-In Relays
- High Voltage Relays
- Protective Relays
- Time Relays
- Signal Relays
Market Breakup by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles
Market Breakup by Ampere
- 5A – 15A Relay
- 16A – 35A Relay
- >35A Relay
Market Breakup by Application
- Locking System
- ABS Control
- Engine Management Modules
- Lamps/Lights
- Others
Market Breakup by Country
- China
- Japan
- India
- ASEAN
- Australia
- Others
The key Asia Pacific automotive relay market players are Denson Corp., Panasonic Holdings Corp., Fujitsu Ltd., Nidec Corporation, Robert Bosch GmbH, TE Connectivity Ltd., Mitsuba Corp., Zettler Group, BETA Electric Industry Co. Ltd., Hongfa Technology Co. Ltd., and Song Chuan Group Company, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Relay Type |
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| Breakup by Vehicle Type |
|
| Breakup by Ampere |
|
| Breakup by Application |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Automotive Relay Market Overview
8.1 Key Industry Highlights
8.2 Global Automotive Relay Historical Market (2018-2023)
8.3 Global Automotive Relay Market Forecast (2024-2032)
8.4 Global Automotive Relay Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Asia Pacific Automotive Relay Market Overview
9.1 Key Industry Highlights
9.2 Asia Pacific Automotive Relay Historical Market (2018-2023)
9.3 Asia Pacific Automotive Relay Market Forecast (2024-2032)
10 Asia Pacific Automotive Relay Market by Relay Type
10.1 Printed Circuit Board (PCB) Relays
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Plug-In Relays
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 High Voltage Relays
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Protective Relays
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Time Relays
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Signal Relays
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
11 Asia Pacific Automotive Relay Market by Vehicle Type
11.1 Passenger Cars
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial Vehicles
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Electric Vehicles
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Asia Pacific Automotive Relay Market by Ampere
12.1 5A – 15A Relay
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 16A – 35A Relay
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 >35A Relay
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Asia Pacific Automotive Relay Market by Application
13.1 Locking System
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 ABS Control
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Engine Management Modules
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Lamps/Lights
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Asia Pacific Automotive Relay Market by Country
14.1 China
14.1.1 Market by Relay Type
14.1.2 Market by Vehicle Type
14.1.3 Market by Ampere
14.1.4 Market by Application
14.1.5 Historical Trend (2018-2023)
14.1.6 Forecast Trend (2024-2032)
14.2 Japan
14.2.1 Market by Relay Type
14.2.2 Market by Vehicle Type
14.2.3 Market by Ampere
14.2.4 Market by Application
14.2.5 Historical Trend (2018-2023)
14.2.6 Forecast Trend (2024-2032)
14.3 India
14.3.1 Market by Relay Type
14.3.2 Market by Vehicle Type
14.3.3 Market by Ampere
14.3.4 Market by Application
14.3.5 Historical Trend (2018-2023)
14.3.6 Forecast Trend (2024-2032)
14.4 ASEAN
14.4.1 Market by Relay Type
14.4.2 Market by Vehicle Type
14.4.3 Market by Ampere
14.4.4 Market by Application
14.4.5 Historical Trend (2018-2023)
14.4.6 Forecast Trend (2024-2032)
14.5 Australia
14.5.1 Market by Relay Type
14.5.2 Market by Vehicle Type
14.5.3 Market by Ampere
14.5.4 Market by Application
14.5.5 Historical Trend (2018-2023)
14.5.6 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Value Chain Analysis
17 Trade Data Analysis (HS Code – 853641, 863649)
17.1 Major Exporting Countries
17.1.1 By Value
17.1.2 By Volume
17.2 Major Importing Countries
17.2.1 By Value
17.2.2 By Volume
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Denson Corp.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Panasonic Holdings Corp.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Fujitsu Ltd.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Nidec Corporation
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Robert Bosch GmbH
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 TE Connectivity Ltd.
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Mitsuba Corp.
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Zettler Group
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 BETA Electric Industry Co. Ltd.
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Hongfa Technology Co. Ltd.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Song Chuan Group Company
18.2.11.1 Company Overview
18.2.11.2 Product Portfolio
18.2.11.3 Demographic Reach and Achievements
18.2.11.4 Certifications
18.2.12 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Relay Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Automotive Relay Market: Key Industry Highlights, 2018 and 2032
3. Asia Pacific Automotive Relay Historical Market: Breakup by Relay Type (USD Million), 2018-2023
4. Asia Pacific Automotive Relay Market Forecast: Breakup by Relay Type (USD Million), 2024-2032
5. Asia Pacific Automotive Relay Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
6. Asia Pacific Automotive Relay Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
7. Asia Pacific Automotive Relay Historical Market: Breakup by Ampere (USD Million), 2018-2023
8. Asia Pacific Automotive Relay Market Forecast: Breakup by Ampere (USD Million), 2024-2032
9. Asia Pacific Automotive Relay Historical Market: Breakup by Application (USD Million), 2018-2023
10. Asia Pacific Automotive Relay Market Forecast: Breakup by Application (USD Million), 2024-2032
11. Asia Pacific Automotive Relay Historical Market: Breakup by Country (USD Million), 2018-2023
12. Asia Pacific Automotive Relay Market Forecast: Breakup by Country (USD Million), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. Asia Pacific Automotive Relay Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The different relay types in the market include printed circuit board (PCB) relays, plug-in relays, high voltage relays, protective relays, time relays, and signal relays.
The different types of vehicles in the market include passenger cars, commercial vehicles, and electric vehicles.
The different applications of automotive relays in the market include locking System, ABS control, engine management modules, and lamps/lights, among others.
The major countries in the market include China, Japan, India, ASEAN, and Australia, among others.
The key market players are Denson Corp., Panasonic Holdings Corp., Fujitsu Ltd., Nidec Corporation, Robert Bosch GmbH, TE Connectivity Ltd., Mitsuba Corp., Zettler Group, BETA Electric Industry Co. Ltd., Hongfa Technology Co. Ltd., and Song Chuan Group Company, among others.
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