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Global Relay Market Research Reports and Forecast to 2025

Global Relay Market Research Reports and Forecast to 2025

Report is segmented into several key regions, with sales, revenue, market share and growth Rate of Relay in these regions, from 2013 to 2025 https://goo.gl/iZtxZW

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Increasing Modernization of Vehicles to Impact the Relay Market

Increasing Modernization of Vehicles to Impact the 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. The adoption of applications such as HVAC, sunroof, starter motor, power seats, door lock, and others is also increasing at high growth rates. Hence, the relay market for this vehicle segment is estimated to grow at the fastest CAGR during the forecast period.

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Door Lock Application in Passenger Car Segment Holds the Largest Market Share in Automotive Relay Market

Door Lock Application in Passenger Car Segment Holds the Largest Market Share in 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.

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Increasing Demand for Vehicle Electrification to boost Automotive relay Market

Increasing Demand for Vehicle Electrification to boost 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.

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Premium Car Segment to Have the Largest Market Size in the Automotive Relay Market

Premium Car Segment to Have the Largest Market Size in the Automotive Relay Market

The HEV segment is estimated to hold the largest market size in the electric vehicle relay market in 2017. HEVs have a combustion engine in addition to the electric motor and battery. On the other hand, in a BEV, the combustion engine gets replaced with an electric motor. Hence, in HEVs, the normal electronic applications will continue to exist along with a few additional electronic applications. Hence, the number of relays will increase in HEVs as compared to BEVs and PHEVs. The relays employed in electric vehicles have different voltage levels, with the power rating ranging from 1kW to 5kW depending on the application.

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Solid State Relay Market Growth, Trends, Absolute Opportunity and Value Chain 2015-2025 by FMI

Solid State Relay Market Growth, Trends, Absolute Opportunity and Value Chain 2015-2025 by FMI

Power or electricity is the vital component of the society. Considering the amount of power used for completing the day-to-day activities and industrial operations, power outage can bring all the regular operations to standstill. Strong industrial growth across the globe is also leading to increasing usage and congestion of electricity. Solid state relays are invented to resolve these issues.

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Automotive Relay Market worth 16.75 Billion USD by 2022

Automotive Relay Market worth 16.75 Billion USD by 2022

Automotive Relay Market categorizes the Global Market by Type (PCB, Plug-In, High Volt, Protective, Time), Load & Application, ICE & EV, and 48V Relay Market

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Global Thermal Overload Relay Market 2015 Industry Outlook, Research, Insights, Shares, Growth, Analysis and Development

Global Thermal Overload Relay Market 2015 Industry Outlook, Research, Insights, Shares, Growth, Analysis and Development

nt of making a business strategy eyeing future growth targets, a company requires exhaustive information and relevant data. While it is not feasible for companies to conduct a market survey every time they plan a new venture, they can always seek for answers to their queries from the expanding reposito

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Solid State Relay Market by mounting - 2020 | MarketsandMarkets

Solid State Relay Market by mounting - 2020 | MarketsandMarkets

[206 Pages Report] Solid State Relay Market analysis & forecast report categorizes global by mounting (Panel, PCB, DIN Rail), by output (AC, DC, and AC/DC), by application (Building Equipment, Industrial Automation, and Others) and by Geography (North America, Europe, APAC and RoW).

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Solid State Relay Market by mounting - 2020 | MarketsandMarkets

Solid State Relay Market by mounting - 2020 | MarketsandMarkets

[206 Pages Report] Solid State Relay Market analysis & forecast report categorizes global by mounting (Panel, PCB, DIN Rail), by output (AC, DC, and AC/DC), by application (Building Equipment, Industrial Automation, and Others) and by Geography (North America, Europe, APAC and RoW).

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Protective Relay Market Share, Growth, Outlook From 2012-2024

Protective Relay Market Share, Growth, Outlook From 2012-2024

Protective Relay Market - Global Protective Relay Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation, Production Capacity, Competitive Strategies, Regional Outlook

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Increasing Modernization of Vehicles to Impact the Relay Market

Increasing Modernization of Vehicles to Impact the 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. The adoption of applications such as HVAC, sunroof, starter motor, power seats, door lock, and others is also increasing at high growth rates. Hence, the relay market for this vehicle segment is estimated to grow at the fastest CAGR during the forecast period.

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Premium Car Segment to Have the Largest Market Size in the Automotive Relay Market

Premium Car Segment to Have the Largest Market Size in the Automotive Relay Market

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. The key factors driving the market are increasing demand for vehicle electrification and increasing sales of electric and hybrid vehicles, leading to increased demand for high voltage relays.

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Increasing Electrical & Electronic Applications to Drive the global Market

Increasing Electrical & Electronic Applications to Drive the global Market

The HEV segment is estimated to hold the largest market size in the electric vehicle relay market in 2017. HEVs have a combustion engine in addition to the electric motor and battery. On the other hand, in a BEV, the combustion engine gets replaced with an electric motor. Hence, in HEVs, the normal electronic applications will continue to exist along with a few additional electronic applications. Hence, the number of relays will increase in HEVs as compared to BEVs and PHEVs. The relays employed in electric vehicles have different voltage levels, with the power rating ranging from 1kW to 5kW depending on the application.

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Electromechanical Relay Market Research-Report Applications, Segmentation, Size, Key-Players, Trends and Industry For

Electromechanical Relay Market Research-Report Applications, Segmentation, Size, Key-Players, Trends and Industry For

The report helps the readers to draw a suitable conclusion and clearly understand the current and future scenario and trends of global Electromechanical Relay Market.

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