Automotive Relay Market Analysis

Automotive Relay Market Overview:

Automotive Relay Market Size was valued at USD 14.2 Billion in 2023. The Global Automotive Relay Market Electric Vehicle Type is projected to grow from USD 14.93 Billion in 2024 to USD 21.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.53% during the forecast period (2024 - 2032). Improvements in miniaturisation and high contact capability to overcome mounting space constraints in the vehicles' Electric Control Unit (ECU), are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Automotive Relay Market Trends

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  Advancements in miniaturization is driving the market growth

  
  

Over the past ten years, the types of electric automobile components have changed, which has increased the number of relays used as switching devices and changed the features that are required of each relay. As a result of developments in miniaturisation and high contact capability development to meet mounting space constraints in the Electric Control Unit (ECU) of automobiles, the sector is anticipated to experience stable growth during the projection period. The variety of electric automobile components has increased the need for relays used for switching; each relay needs a different set of attributes. Further development of high contact capability and miniaturisation are required, particularly in the Electric Control Unit (ECU), where mounting space is constrained by the presence of a cluster of relays. Relays must have a high level of reliability in order to be safe. Due to the demand for switching technology for the newest generation of electrical functions in a car, components with properties like latching, low noise, and ultra-miniaturization have become more popular.

Due to the rising use of advanced electronics equipment and the increased focus on safety and security, it is anticipated that the average number of relays installed per vehicle would rise over the course of the projection period. In addition to the standard relays used in powertrain systems, switching of auxiliary devices needed for safety, security, communications, and infotainment requires additional relays. Over the course of the projected period, increased advances in PCB relays to reduce overall vehicle weight for improved fuel efficiency are anticipated to boost market growth.

The demand for electricity and hybrid vehicles is driving considerable growth in the automotive relay industry. By acting as a switch for power supply and control signals, automotive relays are essential to the operation of a vehicle's electrical systems. The complexity of automobile electrical systems is also contributing to the market's expansion for automotive relays.

Relays used for switching have become more necessary due to the variety of electric vehicle parts; each relay requires a certain set of properties. In particular, the Electric Control Unit (ECU), where mounting space is limited by the presence of a number of relays, calls for further development of high contact capacity and miniaturisation. Relays need to be extremely reliable in order to be secure. Components with qualities like latching, low noise, and ultra-miniaturization have grown in popularity as a result of the demand for switching technology for the most recent iteration of electrical operations in a car. Over the course of the projected period, it is anticipated that the average number of relays fitted per automobile would increase due to the rising utilisation of sophisticated electronic equipment and the increased emphasis on safety and security. Switching of auxiliary devices required for safety, security, communications, and entertainment necessitates additional relays in addition to those used in powertrain systems. Increased PCB relay advances to reduce overall vehicle weight for better fuel economy are predicted to drive market expansion over the course of the projection period. Thus, driving the Automotive Relay market revenue.

Automotive Relay Market Segment Insights:

Automotive Relay Type Insights

The Automotive Relay market segmentation, based on type, includes PCB, plug-in, high volt, protective, and time relay. PCB segment dominated the market in 2022. Most electrical devices utilise it, including those with ABS, cruise control, doors, power steering, power windows, and sunroofs. They are widely utilised in areas like Europe and North America. However, Tier-1 manufacturers and OEMs still favour plug-in versions in places like Asia-Oceania and RoW.

Automotive Relay Load Type Insights

The Automotive Relay market segmentation, based on load type, includes small load, medium load, and heavy load. Heavy load segment dominated the Automotive Relay market in 2022. This can be linked to the electronic system's capacity to sustain high power loads.

Automotive Relay Electric Vehicle Type Insights

The Automotive Relay market segmentation, based on electric vehicle type, includes hybrid electric vehicle, plug-in hybrid electric vehicle, and battery electric vehicle. Hybrid electric vehicle segment dominated the market in 2022. Many countries give generous incentives to encourage the purchase and use of EVs. The growing preference for electronic e-fuses over their electromagnetic alternatives as a result of vehicle modernization is a good thing driving the segment's expansion.

Figure 1: Automotive Relay Market, by Electric Vehicle Type, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Automotive Relay Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Automotive Relay Market dominated this market in 2022 (45.80%). Over the forecast period, rising connection demand and vehicle digitalization would favourably affect market growth. Additionally, the compact car segment's high growth potential as a result of space limitations has significantly increased demand for automotive relays. Government mandates that some electronic safety systems, such the Electronic Stability Programme (ESP) and Anti-lock Braking System (ABS), be used in vehicles in order to decrease hazardous fuel emissions present opportunities for market expansion. The demand for automotive relays has also increased as electric vehicles gain popularity. Further, the U.S. Automotive Relay market held the largest market share, and the Canada Automotive Relay market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Automotive Relay Market Share By Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Automotive Relay market accounted for the healthy market share in 2022. This is due to the automotive industry's rapid rise. Delphi Automotive, Sumitomo Electric, Furukawa Electric, Tianjin Jin-Zhu wire systems Co. Ltd., Prestolite Electric, Fujikura Ltd., Lear Corporation, and Leoni are some of the top businesses in the auto wire harness market. Further, the German Automotive Relay market held the largest market share, and the U.K Automotive Relay market was the fastest growing market in the European region

The Asia Pacific Automotive Relay market is expected to register significant growth from 2023 to 2032. The implementation of safety regulations is anticipated to propel the market in various Asian nations. The regional growth is attributable to the penetration of automobiles in growing economies like China. Because there is a significant demand for vehicles in Asia Pacific, the market has a great growth potential. Over the forecast period, rising vehicle demand in Asia Pacific, especially in China and Japan, is anticipated to propel regional market expansion. Moreover, China’s Automotive Relay market held the largest market share, and the Indian Automotive Relay market was the fastest growing market in the Asia-Pacific region.

Automotive Relay Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Automotive Relay market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Automotive Relay Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Automotive Relay Industry to benefit clients and increase the market sector. In recent years, the Automotive Relay Industry has offered some of the most significant advantages to medicine. Major players in the Automotive Relay market, including TE Connectivity Corporation, Omron Corporation, Panasonic Corporation, Fujitsu, Hella KGaA Hueck & Co., Denso Corporation, American Zettler, ABB Group, Eaton Corporation plc, Sharp Corporation, NEC Corporation, Nippon-Aleph, Daesung Electric, and Mouser Electronics, Inc., are attempting to increase market demand by investing in research and development operations.

Automotive equipment is produced by Forvia SE (Forvia). The company creates, manufactures, and provides various seat parts, including foams, motors, padding, seat covers, and electronic and pneumatic systems, as well as seat frames, adjustment mechanisms, and motors. In addition, it offers acoustic equipment, instrument panels, modules, and door panels for vehicles. It produces exterior parts for automobiles like engine cooling systems, bumpers, and front-end carriers. The business creates technologies for light-duty and heavy-duty commercial vehicles to manage emissions. The business operates through manufacturing facilities and R&D facilities in nations throughout Europe, the Americas, Africa, and Asia. The headquarters of Forvia are in Nanterre, Ile-de-France, France. One of the top automakers, Faurecia, said in August 2021 that it intended to buy a total of 60% of the shares in Hella GmbH & Co.

Designing and producing connection and sensor solutions is the business of TE connection Ltd. The company sells wire and cable, antennas, sensors, relays, heat shrink tubing, connection systems, terminals, and other related products. Numerous industries, including those in the automotive, aerospace, defence, marine, industrial, medical, data and devices, appliance, and energy, use these goods and solutions. Agastat, Ampower, Buchanan, Citec, Cloudsplitter, Deutsch, Entrelec, Faston, Holsworthy, Intercontec, Kilovac, Kissling, and Madison Cable are just a few of the brands that it sells products under. The business uses its own direct sales team and independent distributors to advertise its goods. It has production facilities and distribution hubs all across the Americas, Europe, the Middle East, Asia-Pacific, and Africa. The headquarters of TE Connectivity are in Schaffhausen, Switzerland. Phoenix Contact sold its narrow safety relay (NSR) technology to TE Connectivity in December 2021. Following the acquisition of this technology, TE Connectivity will produce and sell NSR relays.

Key Companies in the Automotive Relay market include

• TE Connectivity Corporation


• Omron Corporation


• Panasonic Corporation


• Fujitsu


• Hella KGaA Hueck & Co.


• Denso Corporation


• American Zettler


• ABB Group


• Eaton Corporation plc


• Sharp Corporation


• NEC Corporation


• Nippon-Aleph


• Daesung Electric


• Mouser Electronics, Inc.

Automotive Relay Industry Developments

December 2023

Toshiba Electronics Europe GmbH has recently released a new photovoltaic output photocoupler with increased open-circuit voltage. The recent invention is mainly designed to be used in solid-state relay (SSR) applications for automotive uses but it can also be used for industrial applications like renewable energy.

In the recent past, automotive applications have become more challenging and now demand safer, compact as well as maintenance-free solutions with longer lifetimes. For these reasons SSRs are increasingly replacing traditional mechanical relays. In electric mobility application lack of physical contacts guarantees reliability and quiet operation.

The new TLX9910 photocoupler is suitable for gating high-voltage power MOSFETs that are commonly used in solid-state relays. Combination of these two enables high-voltage, high-current switching, which cannot be achieved through integrated photorelays.

Automotive battery management systems (BMS) often require a higher gate-drive voltage to MOSFETs that must handle significant power. Most existing photovoltaic couplers have low output voltages limiting their selection range for applicable MOSFETs hence two such connected in series will work around this.

This new TLX9910 gives an open voltage (VOC) of 13.5V – nearly doubling current devices; hence additional compatible MOSFETs are chosen without any work-around solution being necessary. Cost reduction is realized by decreasing component count when one device is employed thereby reducing size, weight and cost of the solution.

Since its electrical energy generation occurs due to light from the input side LED on which it generate electricity., making it possible therefore eliminates its own power supply requirements thus there would be no need to provide external power source.

The TLX9910 is housed in a very small surface-mount 4-pin SO6 package measuring just 3.7mm × 7.0mm x 2.1mm. Additionally, it can work at a temperature of -40°C to +125°C and provides 3750Vrms of isolation from input to output. The new device is in mass production.

Automotive Relay Market Segmentation:

Automotive Relay Type Outlook

• PCB


• Plug-in


• High Volt


• Protective


• Time Relay

Automotive Relay Load Type Outlook

• Small Load


• Medium Load


• Heavy Load

Automotive Relay Electric Vehicle Type Outlook

• Hybrid Electric Vehicle


• Plug-in Hybrid Electric Vehicle


• Battery Electric Vehicle

Automotive Relay Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America