Jun 11, 2021, 09:53 EST
Shibuya-ku, Tokyo, Japan, Japan, Jun 11, 2021, 09:53 /Comserve / -- Omron, TE Connectivity, Picker Relay, Panasonic, GOODSKY, American Zettler, HONGFA, Zhejiang Zhongji Technology
The Plug-in Relays market is expected to be around US$ 4.20 Billion by 2025 at a CAGR of 6.2% in the given forecast period.
Escalating adoption rate of sophisticated electronic equipment has increased the usage of relays in electric devices. Lack of standardization is expected to hinder industry growth over the forecast period.
Relays are devices making or breaking electric circuits by their output section driven by operational signal, which is triggered by electric input signal controlled by switching devices. Plug-in-type relays which are plugged in to prewired terminal boards.
The global Plug-in Relays market is segregated on the basis of Application as ABS Control, Cooling Fan, Door Control, Door Lock, Fuel Pump, Heated Front Screen, Immobilizer, Window Lifter, and Wiper Control. Based on Type the global Plug-in Relays market is segmented in 12VDC and 24VDC.
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The global Plug-in Relays market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Plug-in Relays market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Omron, TE Connectivity, Picker Relay, Panasonic, GOODSKY, American Zettler, HONGFA, Zhejiang Zhongji Technology and others are among the major players in the global Plug-in Relays market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Plug-in Relays Market has been segmented as below:
Plug-in Relays Market, By Application
Heated Front Screen
Plug-in Relays Market, By Type
Plug-in Relays Market, By Region
Rest of the World
Plug-in Relays Market, By Company
Zhejiang Zhongji Technology
The report covers:
Global Plug-in Relays market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Plug-in Relays market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Plug-in Relays market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
The global Plug-in Relays market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Plug-in Relays market share. Major industry players with significant revenue share include Omron, TE Connectivity, Picker Relay, Panasonic, GOODSKY, American Zettler, HONGFA, Zhejiang Zhongji Technology and others.
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