Automotive Relay Market worth 16.75 Billion USD by 2022

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Automotive Relay Market worth 16.75 Billion USD
by 2022
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Automotive Relay Market by Type (PCB, Plug-In,
High Volt, Protective, Time), Load Application
(Door Lock, Power Window, Sunroof, Power Seat,
EPS, Lighting, Fuel Injection, AC, Starter, Horn,
Wiper), ICE EV, and 48V Relay Market - Global
Forecast to 2022 The report "Automotive Relay
Market by Type (PCB, Plug-In, High Volt,
Protective, Time), Load Application (Door Lock,
Power Window, Sunroof, Power Seat, EPS, Lighting,
Fuel Injection, AC, Starter, Horn, Wiper), ICE
EV, and 48V Relay Market - Global Forecast to
2022", The automotive relay market is projected
to grow at a CAGR of 6.20 during the forecast
period, to reach a market size of USD 16.75
Billion by 2022. Download PDF Brochure
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?id13970338

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LCV is estimated to be the fastest growing
vehicle segment in the automotive relay
market The LCV relay segment is projected to grow
at the fastest growth rate during the forecast
period from 2017 to 2022. The North America
region is estimated to witness a high growth in
LCV production.  In the U.S., the LCV production
is projected to increase from 3.3 million units
in 2017 to 4.4 million units by 2022. OEMs are
focused on adding premium electronic features in
LCVs, which influences the relay market for LCV
segment. Request for Customization
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zation.asp?id13970338
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Asia-Oceania region is estimated to be the
leading market for automotive relay Asia-Oceania
is estimated to dominate the automotive relay
market, as the region represents countries such
as China, Japan, South Korea, and India with the
worlds highest vehicle production. According to
the Organisation Internationale des Constructeurs
dAutomobiles (OICA) publication, these countries
together contributed 53 to the global vehicle
production in 2016. Request Sample
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asp?id13970338
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• Target Audience
• Suppliers of automotive relay
• Raw material manufacturers of automotive relay
  components (suppliers for Tier I)
• Traders, distributors, and suppliers of
  automotive relay components or raw materials
• Regional manufacturer associations
• Automotive OEMs
• Organized and unorganized aftermarket suppliers
• Governments national and regional environmental
  regulatory agencies or organizations
• Speak to analyst _at_ https//www.marketsandmarkets.c
  om/speaktoanalyst.asp?id13970338

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Key players The key automotive relay
manufacturers profiled in the report include TE
Connectivity (Switzerland), Panasonic Corporation
(Japan), Denso Corporation (Japan), Omron
Corporation (Japan), and American Zettler (U.S.).
The automotive relay components are supplied to
major OEMs in the automotive industry such as
Volkswagen (Germany), Nissan (Japan), Toyota
Motor Corporation (Japan), Honda Motor Co. Ltd
(Japan), and others.
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