Automotive Relay Market Share

Automotive Relay Market Share

Automotive relay industry players include

• Denso
• Eaton
• Fujitsu
• ABB Ltd.
• Idec Corporation
• Littelfuse Inc.
• TE Connectivity
• Omron Corporation

Other notable players include

• Sharp Corporation
• NEC Corporation
• Nippon-Aleph
• Daesung Electric

The industry participants focus on alliances and strategic partnerships for strengthening their foothold. They are engaged in operational improvement, driven by cost reduction initiatives and capturing mergers and acquisitions synergies.

For instance, in March 2016, Littelfuse acquired circuit protection business of TE Connectivity by investment of USD 348 million. The company’s acquisition increased its presence in Japan and strengthened the product portfolio by expanding its business in auto electronics. Later in that year, the company acquired Menber headquartered in Italy and specializes in design, manufacturing, and selling of vehicle components.