Global Automotive Relay Market Worth $ 13.17 Billion by 2019

Date: 2016-09-10

A relay is an electrically operated switch, automotive relays of different sizes are found in every type of land or sea vehicle. Automotive relay includes PCB relays and plug-in relays on the base of classification, which represent 69% and 31% of global automotive relay market. 

Powertrain systems and convenience systems are the main application of automotive relay product and Asia is the largest automotive relay market on production and consumption.

Global automotive relay market is projected to reach $ 13.17 Billion by 2019, with a GAGR of 7.6% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global automotive relay market are Omron, Panasonic, Fujitsu, TE Connectivity, American Zettler, Honeywell, Danaher etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 001-510-400-8520

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