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.
This report contains market size and forecasts of EV Relay in global, including the following market information:
Global EV Relay Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global EV Relay Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five EV Relay companies in 2021 (%)
The global EV Relay market was valued at 1191.8 million in 2021 and is projected to reach US$ 8276.3 million by 2028, at a CAGR of 31.9% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Main Relay Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of EV Relay include Panasonic, Xiamen Hongfa Electroacoustic, Denso, TE Connectivity, Omron, BYD, Shanghai SCII, Song Chuan Precision and Sanyou Relays, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the EV Relay manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global EV Relay Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global EV Relay Market Segment Percentages, by Type, 2021 (%)
Main Relay
Quick Charge Relay
Others
Global EV Relay Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global EV Relay Market Segment Percentages, by Application, 2021 (%)
BEV
PHEV
Global EV Relay Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global EV Relay Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies EV Relay revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies EV Relay revenues share in global market, 2021 (%)
Key companies EV Relay sales in global market, 2017-2022 (Estimated), (K Units)
Key companies EV Relay sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
Xiamen Hongfa Electroacoustic
Denso
TE Connectivity
Omron
BYD
Shanghai SCII
Song Chuan Precision
Sanyou Relays
Shenzhen Busbar
YM Tech