Market Share of Europe Automotive Relay Industry
The European Automotive Relay Market is dominated by several key players such as Robert Bosch GmbH, Denso Corporation, Fujitsu Ltd., Panasonic Corporation, and others. The major players in the region are spending heavily on the research and development of new products, which in turn is likely to witness significant growth for the market during the forecast period. For instance,
In October 2022, Omron Electronic Components Europe introduced DC power relays of the G9EC-X1, a compact relay offering to switch up to 1000V, 150A DC loads.
In May 2022, Citroen updated its new ë-Relay Electric van range with a larger 75kWh battery across both 3.5 and 4-ton models.
In January 2022, Toshiba Electronics Europe GmbH established a new high-voltage laboratory in Germany. Through this expansion, the company focused on high-voltage power sources, loads, and measuring equipment.
Europe Automotive Relay Market Leaders
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Robert Bosch GmbH
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Denso Corporation
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TE Connectivity
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Fujitsu Ltd.
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
