Market World Auto Relay Market Applications | Page 2

A major challenge for the industry is the nonexistence of any standardization in the industry of
automotive essentially in the developing economies. Manufacturers are focusing on initiating
efforts to standardize automotive industry at a global level, which in turn is not substantial enough
to elevate market growth and demand over the long run.
On the basis of product, the automotive relay market is segmented into PCB relay and Plug-In relay.
On the basis of application, the automotive relay market is segmented into body & chassis, safety &
security, powertrain systems, driver information systems and convenience. Manufacturers focus on
offering automobile weight reduction to advance fuel efficiency which has driven the PCB
automotive relays demand due to increasing miniaturization and enhanced current managing
capabilities. PCB relays accounted for global shipments of over 70% over the last few years. In
powertrain systems, conventional plug-in is widely adopted owing high robustness and flexibility to
bear high temperatures, vibrations and voltage fluctuations.
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Convenience applications had a market volume of more than 30% in the year 2013. Increasing focus
on entertainment features and comfort systems in vehicles has escalated the use of relays for the
switching of these devices. Adoption of enhanced security and safety systems is estimated to
foresee increasing growth over the next seven years due to emerging government regulations
associated with the vehicle security. The industry has witness a key trend where relays are
extensively integrated into driver information systems and the trend is expected to spur in future.
Increasing global shipments in the Asia Pacific region has transformed the area into automobile
manufacturing hub which in turn has driven the automotive relay market in the region. North
America is expected to witness high growth attributing the well-established automotive industry in
the region.
Manufacturers of PCB relay are tapping into new potential markets are focusing on launching new
product lines so as to diversify the business offerings. Also, companies are focusing on strategic
alliances and partnerships in order to expand the product portfolio and increase their reachability.
For the purpose of this report, the global automotive relay market is segmented on the basis of
application, products and region. Notable players in the market include Panasonic, HELLA, Gruner,
YMT, Omron, TE Connectivity and LS.