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Thursday, March 19, 2026

Lucintel Forecasts the Global Automotive PCB Relay Market to Grow with a CAGR of 22.4% from 2025 to 2031

According to a market report by Lucintel, the future of the global automotive PCB relay market looks promising with opportunities in the power system, lighting system, comfort & convenience system, and safety & protection system markets. The global automotive PCB relay market is expected to grow with a CAGR of 22.4% from 2025 to 2031. The major drivers for this market are the increasing demand for electric vehicles components, the rising adoption of advanced driver assistance systems, and the growing need for compact automotive electronics.

A more than 150-page report to understand trends, opportunity and forecast in global automotive PCB relay market to 2031 by type (power relay and signal relay), application (power system, lighting system, comfort & convenience system, safety & protection system, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, power relay is expected to witness higher growth over the forecast period.

Within the application category, safety & protection system is expected to witness the highest growth.

Download sample by clicking on automotive PCB relay market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Hongfa, TE Connectivity, Panasonic, DENSO ELECTRONICS, EM Devices, Omron, BYD, Sanyou Relays, Ningbo Huaguan Electronics, IMO Precision Controls are the major suppliers in the automotive PCB relay market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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