Global Electric Vehicle Relays Market Report 2021-2025

The "Global Electric Vehicle Relays Market 2021-2025" report has been added to's offering.

January 14, 2022

The "Global Electric Vehicle Relays Market 2021-2025" report has been added to's offering.

The global electric vehicle (EVs) relays market is poised to grow by $21.42 billion during 2021-2025, progressing at a CAGR of over 31% during the forecast period.

This report on the EV relays market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The market is driven by solid-state relays to become low-cost in the long run and increase in electronics and safety requirements in EVs. The study identifies the increasing adoption of battery EVs and plug-in hybrid EVs as one of the prime reasons driving the EV relays market growth during the next few years.

The market is segmented as below:

  • By Relay Terminal
    • PCB
    • Plug-in
  • By Geographical Landscape
    • APAC
    • North America
    • Europe
    • South America
    • MEA

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading EV relays market vendors that include:

  • DENSO Corp.
  • Fujitsu Ltd.
  • HELLA GmbH and Co. KGaA
  • Littelfuse Inc.
  • OMRON Corp.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Sensata Technologies Holding PLC
  • Siemens AG
  • TE Connectivity Ltd.

Also, the EV relays market analysis report includes upcoming trends and challenges that will influence market growth.