April 20, 2024

Electric Vehicle (EV) Relay Market Size 2021-2030

The global electric vehicle relay market size accounted for US$ 3.2 billion in 2021 and is projected to reach around USD 41.8 billion by 2030, growing at a CAGR of 33.05% from 2022 to 2030.

Electric Vehicle (EV) Relay Market Size 2022 To 2030

Report Summary

The global electric vehicle relay market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the electric vehicle relay market across the globe.

A comprehensive estimate on the electric vehicle relay market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of electric vehicle relay during the forecast period. Price point comparison by region with global average price is also considered in the study.

Electric Vehicle Relay Market Scope

Report CoverageDetails
Market Size in 2022USD 4.26 Billion
Market Size by 2030USD 41.8 Billion
Growth Rate from 2022 to 2030CAGR of 33.05%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredApplication, Product, Vehicle Type, Sales Channel, and Geography

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized electric vehicle relay market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Electric Vehicle Battery Recycling Market Size 2021-2030

Electric Vehicle Relay Market Players

The report includes the profiles of key electric vehicle relay market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area are:

  • Panasonic Corp.
  • TE Connectivity Ltd.
  • HELLA GmbH & Co. KGaA
  • Furukawa Co., Ltd. (Fujitsu Limited)
  • Hongfa Technology Co Ltd.
  • Willow Technologies Limited
  • Zettler Group
  • Tara Relays Private Limited
  • Song Chuan Group Company (Song Chuan Usa, Inc.)
  • Jiangxi Weiqi Electric Co., Ltd.
  • Other Players

Market Segmentation

By Application

  • Heating
  • Lamps and Filter Capacitors
  • Solenoids, Motors and Pumps
  • Others

By Product

  • Plug-in Relay
  • PCB Relay
  • EV
  • Hybrid

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel

  • OEM
  • Aftermarket

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Vehicle (EV) Relay Market 

5.1. COVID-19 Landscape: Electric Vehicle (EV) Relay Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Vehicle (EV) Relay Market, By Application

8.1. Electric Vehicle (EV) Relay Market, by Application, 2022-2030

8.1.1. Heating

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Lamps and Filter Capacitors

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Solenoids, Motors and Pumps

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Electric Vehicle (EV) Relay Market, By Product

9.1. Electric Vehicle (EV) Relay Market, by Product, 2022-2030

9.1.1. Plug-in Relay

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. PCB Relay

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. EV

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Hybrid

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Electric Vehicle (EV) Relay Market, By Vehicle Type 

10.1. Electric Vehicle (EV) Relay Market, by Vehicle Type, 2022-2030

10.1.1. Passenger Cars

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Light Commercial Vehicles

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Heavy Commercial Vehicles

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Electric Vehicle (EV) Relay Market, By Sales Channel 

11.1. Electric Vehicle (EV) Relay Market, by Sales Channel, 2022-2030

11.1.1. OEM

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Aftermarket

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Electric Vehicle (EV) Relay Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Application (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Product (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Application (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Product (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Sales Channel (2017-2030)

Chapter 13. Company Profiles

13.1. Panasonic Corp.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. TE Connectivity Ltd.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. TE Connectivity Ltd.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Furukawa Co., Ltd. (Fujitsu Limited)

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Hongfa Technology Co Ltd.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Willow Technologies Limited

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Zettler Group

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Tara Relays Private Limited

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Song Chuan Group Company (Song Chuan Usa, Inc.)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Jiangxi Weiqi Electric Co., Ltd

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global electric vehicle relay market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric vehicle relay are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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