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Global Automotive Relay Market Analysis of Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.comThe "Global Automotive Relay Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. The Global Automotive Relay Market is anticipated to register a CAGR of 6.32% during the forecast period, until 2023. The number of semiconductors, which are used in cars, has increased at almost twice the rate of the vehicle production. Hence, ECUs are more complex currently, with the rise in the number of electronic components, and have a direct impact on the electromagnetic compatibility (EMC (News - Alert)) targets. For instance, the shift of the automotive scenario toward X by wire systems (throttle, brake, and gear-shift) has caused the increased adoption of relays in vehicles. A passenger vehicle uses about 30 relays, on an average. Increasing stringent emission regulations have fueled the rise in sales of electric vehicle The rise in hybridization of vehicles by automakers has created a need for relays in electric vehicles. Although, EVs are not as prominent as ICEs, many steps were taken by the governments of different countries for increasing electric vehicle sales, causing a prolific growth in electric vehicles. The vehicles operate on 48V battery packs, thus, relays for the battery packs are slightly different from the usual relays. Companies Mentioned
Key Topics Covered: 1. Introduction 2. Executive Summary 3. Market Overview and Trends 4. Market Dynamics 5. Global Automotive Relay Market, Segmented by Application 6. Global Automotive Relay Market, Segmented by Current Rating 7. Global Automotive Relay Market, Segmented by Geography 8. Competitive Landscape 9. Key Vendor Analysis 10. Outlook of the Market 11. Disclaimer For more information about this report visit https://www.researchandmarkets.com/research/sgzpkr/global_automotive?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180516005907/en/ |
