Electric Vehicle Relay Market Size, Growth, Demands Outlook and Forecasts to 2030

 According to the research report, the global electricvehicle relay market size is expected to touch USD 41.8 Billion by 2030, from USD 3.2 Billion in 2021, growing with a significant CAGR of 33.05% from 2022 to 2030. 

The electric vehicle relay market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global electric vehicle relay market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global electric vehicle relay market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global electric vehicle relay market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Electric Vehicle (EV) Relay Market

Report Coverage	Details
Market Size in 2022	USD 4.26 Billion
Market Size by 2030	USD 41.8 Billion
Growth Rate from 2022 to 2030	CAGR of 33.05%
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	Application, Product, Vehicle Type, Sales Channel, and Geography

This study covers a detailed segmentation of the global electric vehicle relay market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global electric vehicle relay market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

• 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

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

Research Methodology

The research methodology adopted by analysts for compiling the global electric vehicle relay market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global electric vehicle relay market.

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

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