At 4% Gains, Automotive Relay Market to Value US$18bn by 2024 | Dominating Manufacturers: Fujitsu Global, NEC Corporation, Panasonic, TE Connectivity, DENSO, Eaton, ABB
Eaton Corporation, PLC Ordinary Shares (ETN)
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am
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Source: PR Web
SELBYVILLE, Del. (PRWEB) October 23, 2018 Powertrain systems are anticipated to account for 23%+ automotive relay market revenue share over the forecast timeline owing to high usage of plug-in relays in these systems. Plug-in relays are preferred in powertrain systems due to its features such as ability to sustain in elevated temperatures, fluctuations, and vibrations. The powertrain systems are susceptible to frequent voltage fluctuations along with high surge loads, thus require high switching capacity, and escalating the industry demand over the next eight years.Convenience systems holds the highest industry revenue share and will continue its dominance over the forecast timeframe. The modern HVAC systems in vehicles are equipped with numerous switches for the ease of driver. In 2016, convenience systems accounted for over 34% of the automotive relay market share in terms of unit shipments.Request for a sample of this research report @ https://www.gminsights.com/request-sample/det
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- 2/1/24 - Beat
ETN
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- 4/22/24 - Form 8-K
- 4/2/24 - Form 3
- 3/21/24 - Form 4
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