Dublin, May 13, 2019 (GLOBE NEWSWIRE) -- The "Global Electric Vehicle Relays Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The electric vehicle relays market will register a CAGR of over 33% by 2023.

The increase in electronics and safety requirements in electric vehicles is one of the key factors expected to trigger the electric vehicle relays market growth during the forecast period. The rising demand for relays is being further supported by the increasing requirement for safety components including anti-locking systems (ABS), electronic brakeforce distribution (EBD), and airbags among others. As a result, the growing number of applications in electric vehicles will result the global electric vehicle relays market growth in the forthcoming years.

Market Overview

Increasing adoption of battery electric vehicles and plug-in hybrid electric vehicles

Advances in charging systems have enhanced the adoption rate of battery electric vehicles and plug-in hybrid electric vehicles and will drive the global electric vehicle relays market during the forecast period.

Supply-demand imbalance amid demand uncertainties across the supply chain

Supply-demand imbalances caused amid demand uncertainties in electric vehicle and small electric and electromechanical part supplies, including resistors, inductors, sensors, and relays, are expected to challenge the global electric vehicle relays market during the forecast period.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. Electric vehicle manufacturers have started adopting bidirectional chargers in their electric vehicle models. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Food and beverages - Market size and forecast 2018-2023
• Personal care - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing prominence of private label brands
• New packaging trends
• Innovative labeling for electric vehicle relays

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• AGRANA Beteiligungs-AG
• Dole Food Company Inc
• Driscoll's Inc.
• Uren Food Group Ltd
• Wish Farms Inc.

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/nyix8w

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Related Topics: Electrical Engineering, Electric and Hybrid Vehicles