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(I-AutoNewsWire.com, January 09, 2018 ) Automotive relays are used to permit a low ampere circuit to switch on or off a higher ampere circuit such as turning on the headlights in vehicle. Encouragement of government initiatives related to vehicle safety will lead to increase the demand of Automotive relay in forecast period. The high demand for electronic power steering (EPS), car interior lighting, seat control, sunroof control, communications, infotainment systems, and automatic lock systems will also boost the demand of automotive relay in the market.
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The factor that can act as a restraint in the growth of the market is the deficiency of standardization in the automotive industry, mostly in developing countries is expected to hamper the automotive relay market. However, the increasing encouraging government initiatives mainly concerning about vehicular safety is creating new opportunities in the market of automotive relay in the forecast period.
Automotive Relay Market Players:
1. Beta Electric
2. ABB Ltd
3. Honda Motor Co. Ltd
4. American Zettler Inc.
5. Panasonic Corporation
6. Denso Corporation
8. Omron Corporation
9. NEC Corporation
10. Salzer Electronics Ltd.
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Table Of Content:
2. Key Takeaway
3. Automotive Relay Market Landscape
4. Automotive Relay Market – Key Industry Dynamics
5. Automotive Relay Market Analysis- Global
6. Automotive Relay Market Revenue and Forecasts to 2025 – Type
7. Automotive Relay Market Revenue and Forecasts to 2025 – Load Type
8. Automotive Relay Market Revenue and Forecasts to 2025 – Application
9. Automotive Relay Market Revenue and Forecasts to 2025 – Geographical Analysis
10. Industry Landscape
11. Competitive Landscape
12. Automotive Relay Market, Key Company Profiles
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