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A relay is an electrically operated switch. It consists of a set of input terminals for a single or multiple control signals, and a set of operating contact terminals. The switch may have any number of contacts in multiple contact forms, such as make contacts, break contacts, or combinations thereof.
In this EV Relay report, EV Relay mainly refers to high voltage DC relay used for BEV and PHEV application, instead of traditional automotive relay.
Global EV Relay main manufactuers include Panasonic, Xiamen Hongfa Electroacoustic and Denso, totally accounting for about 60% of the market. Europe is the largest market of EV Relay, holding a share ove 42%. As for the types of products, it can be divided into main relay, quick charge relay and others. The most common products is main relay, with a share over 42%. As for the types of applications, it is widely used in BEV and PHEV. The most common types is BEV, with a share over 70%.
Market Analysis and Insights: Global and Japan EV Relay Market
This report focuses on global and Japan EV Relay market.
In 2020, the global EV Relay market size was US$ 1135 million and it is expected to reach US$ 7334.3 million by the end of 2027, with a CAGR of 30.0% during 2021-2027. In Japan the EV Relay market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global EV Relay Scope and Market Size
EV Relay market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global EV Relay market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the EV Relay market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Main Relay
Quick Charge Relay
Others
Segment by Application
BEV
PHEV
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Panasonic
Xiamen Hongfa Electroacoustic
Denso
TE Connectivity
Omron
BYD
Shanghai SCII
Song Chuan Precision
Sanyou Relays
Shenzhen Busbar
YM Tech
In this EV Relay report, EV Relay mainly refers to high voltage DC relay used for BEV and PHEV application, instead of traditional automotive relay.
Global EV Relay main manufactuers include Panasonic, Xiamen Hongfa Electroacoustic and Denso, totally accounting for about 60% of the market. Europe is the largest market of EV Relay, holding a share ove 42%. As for the types of products, it can be divided into main relay, quick charge relay and others. The most common products is main relay, with a share over 42%. As for the types of applications, it is widely used in BEV and PHEV. The most common types is BEV, with a share over 70%.
Market Analysis and Insights: Global and Japan EV Relay Market
This report focuses on global and Japan EV Relay market.
In 2020, the global EV Relay market size was US$ 1135 million and it is expected to reach US$ 7334.3 million by the end of 2027, with a CAGR of 30.0% during 2021-2027. In Japan the EV Relay market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global EV Relay Scope and Market Size
EV Relay market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global EV Relay market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the EV Relay market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Main Relay
Quick Charge Relay
Others
Segment by Application
BEV
PHEV
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Panasonic
Xiamen Hongfa Electroacoustic
Denso
TE Connectivity
Omron
BYD
Shanghai SCII
Song Chuan Precision
Sanyou Relays
Shenzhen Busbar
YM Tech
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
