Automotive relays prevent the automobiles from any crucial damage. It can also be used in heavy automotive trucks and equipment. They are available in different sizes and shapes.
The global automotive relaymarket can be segmented on the basis of product type, vehicle and application. On the basis of product type, it is sub-segmented into plug-in relay, PCB relay and high voltage relay. PCB relay sub- segment is the leading sub-segment in product type segment on the account of the ability to control the high and fluctuating loads.
The small size of the PCB relay saves the space in the automobile. On the basis of vehicle, it is sub-segmented into commercial vehicles, passenger vehicles and electric vehicles.
The electric sub-segment is anticipated to witness remarkable growth during the forecast period on the account of growing application of the relays in the hybrid and electric vehicles. The increasing demand for the electric vehicles is expected to support the growth of the global automotive relay market during the forecast period.
On the basis of application type, it is sub-segmented into capacitive loads, resistive loads and inductive loads. Capacitive loads sub-segment is fastest developing sub-segment on the account of growing use of semiconductor devices which are equipped with capacitor for the multiple functions in the car. The different safety and security measure would be enhanced with application of various electronics equipment such as automotive relay.