The global automotive relay market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). Globally, with the growth in automotive sales and rapid technological advancements such as Advanced Driver Assistance Systems (ADAS), companies are focusing on R&D and portfolio expansion which is driving overall demand for the automotive relay market. For instance, in April 2023, Fujitsu Components announced the launch of the FTR-G3 relay, the smallest 30A relay in its class measuring just 6.6 x 13.7 x 14.0mm and weighing approximately 4.0grams. According to the company, the FTR-G3 relay is a plastic-sealed relay that is ideal for use in tiny spaces, especially in automotive applications where space is confined. Further, in February 2023, ATO, the relay original equipment manufacturer (OEM) in China, announced the launch of its Solid State Relays (SSR) and timer relays. As per the company, these relays are designed to meet the needs of various applications and are available in different models and specifications.
Furthermore, in January 2022, Toshiba Electronics Europe GmbH (TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION) unveiled a photo relay tailored for distinct applications within battery-powered and hybrid-electric vehicles. According to the company, the TLX9160T, classified as a normally open (NO) 1-Form-A relay, has been engineered for tasks such as battery management systems (BMS), ground fault detection, and the identification of faults associated with mechanical relays. Importantly, the TLX9160T is designed to operate with supply voltages (VDD) of up to 1000V, ensuring compatibility with the prevailing majority of traction batteries commonly employed in the industry.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Relay Type
- Vehicle Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- The major companies in the global automotive relay market include ABB Ltd, DENSO Corp., Eaton Corporation plc,and FUJITSU COMPONENT LIMITED among others.
Automotive Relay Market Report Segment
By Relay type
- PCB Relay
- Plug-in Relay
- High Voltage Relay
- Others (Signal relay, time relay, protective relay)
By Vehicle Type
- Passenger
- Commercial
- Electric
By Application
- Safety and security
- Lights system
- Engine Management Module
- Other (Power Window, Sunroof, ABS Control)
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Automotive Relay Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AEC Sensors (Solid State Group)
- American Zettler, Inc.
- BETA ELECTRIC INDUSTRY CO., LTD
- Circuit Interruption Technology, Inc.
- Coto Technology, Inc.
- Deltrol Corp.
- GOOD SKY ELECTRIC CO., LTD. (ECE group)
- HELLA GmbH & Co. KGaA (Faurecia)
- IDEC Corp.
- Littelfuse Inc.
- LS Automotive Technologies Co Ltd.
- MITSUBA Corp.
- Nidec Corp.
- Omron Corp.
- Panasonic Corp.
- Robert Bosch GmbH
- Sensata Technologies Holdings N.V
- Song Chuan Group Company
- Tyco Electronics Corp.
- Xiamen Hongfa Electroacoustic Co., Ltd.
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