2018-2023 Global Auto Relay Consumption Market Report - MarketResearchNest.com

2018-2023 Global Auto Relay Consumption Market Report

Description :
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Auto Relay market for 2018-2023.

Auto Relays are electrically...

Publish Date : 06-Jun-2018

No.Of Pages : 163

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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Auto Relay market for 2018-2023.

Auto Relays are electrically operated switches used for automotive applications.
Relays are used where it is necessary to control a circuit by a low-power signal (with complete electrical isolation between control and controlled circuits), or where several circuits must be controlled by one signal.
Auto Relays of different sizes are found in every type of land or sea vehicle. They are often used to enable a low amperage circuit to switch a higher amperage circuit on or off. An example would be turning headlights on. Auto Relays also allow items to switch at the same time by using a single output, therefore allowing one to simultaneously open and/or close continuity on multiple items. Average relay demand of per vehicle is about 20.
Over the next five years, LPI(LP Information) projects that Auto Relay will register a 1.8% CAGR in terms of revenue, reach US$ 4210 million by 2023, from US$ 3850 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Auto Relay market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Plug-in relay
PCB relay
Segmentation by application:
Heating
Lamps and Filter capacitors
Solenoids, Motors and Pumps

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East and Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Panasonic
TE Connectivity
Omron
HELLA
Fujitsu
LSIS
Gruner
NEC
American Zettler
Hongfa
Hu Gong
Song Chuan
Tianyi Electrical
Sanyou
Ningbo Forward
Songle Relay
Ningbo Huike
Qunli Electric

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Auto Relay consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Auto Relay market by identifying its various subsegments.
Focuses on the key global Auto Relay manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Auto Relay with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Auto Relay submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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