Automotive relay is a switch, which acts as a bridge between two circuits. It is used to enable low amperage circuits to turn on/off a higher amperage circuit, and it is widely used in cars, trucks, buses, coaches. A Relay is also used for switching on/off multiple things at the same time by using a single output. It acts as a binary actuator, i.e., an electrical output device used for controlling an external physical process. It has two stable states – being energized and latched or being de-energized and unlatched.

Radiant Insights analysts forecast the global automotive relays market to grow at a CAGR of 3.00% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global automotive relays market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography: 
• Americas

Global Automotive Relays Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors 
• American Zettler
• Bosch
• Delphi
• Infineon Technologies
• Panasonic Electric Works Europe

Other prominent vendors 
• Eaton
• Mouser Electronics
• Song Chuan Precision
• TE Connectivity
• Waytek

Market driver 
• Increase in number of electronic systems and safety equipment
• For a full, detailed list, view our report

Market challenge 
• Replacement of automotive relays by powered switches
• For a full, detailed list, view our report

Market trend 
• Electric vehicle relays for high voltage applications
• For a full, detailed list, view our report

Key questions answered in this report 
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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About Radiant Insights
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