Global EV PCB Relays Market Comprehensive Outlook 2025-2035
The Global EV PCB Relays Market is witnessing rapid expansion, spurred by the surge in electric vehicle adoption and ongoing technological advancements in automotive electronics. PCB relays, including electromechanical, solid-state, and hybrid types, facilitate critical switching functions within EV systems such as battery management, power distribution, and charging. Growing consumer shift toward sustainable mobility, together with rising investments in smart automotive infrastructure, has positioned PCB relays as vital enablers of EV performance and safety. The industry is marked by dynamic competition and continuous innovation among leading players, targeting improved reliability, efficiency, and miniaturization to support evolving EV architectures.
Latest Market Dynamics
Key Drivers
- Accelerated global EV adoption due to stricter emission regulations, with Panasonic recent expansion of its relay segments supporting major EV manufacturers in 2024.
- Advancements in relay technologies, such as Omron’s new hybrid PCB relay for fast-charging EV stations launched in May 2024, enabling higher efficiency and durability.
Key Trends
- Integration of smart sensors and IoT-enabled relays—Fujitsu’s launch of connected PCB relays in July 2024 has allowed intelligent diagnostics and predictive maintenance in high-voltage EV systems.
- Rise in high-voltage relay adoption for improved battery protection and thermal management, as seen in Denso’s newly developed high-voltage PCB relays tailored for next-gen EV platforms (June 2024).
Key Opportunities
- Expansion in fast-charging station infrastructure, reflected in TE Connectivity’s entry into compact, high-power relays for EV charging in August 2024.
- Emergence of battery swapping models in Asian markets, driving the need for robust PCB relays for rapid battery disconnect/reconnect mechanisms, notably Hongfa’s partnership with leading battery swap operators signed September 2024.
Key Challenges
- Supply chain restrictions and component shortages remain prominent, adversely affecting relay production continuity—highlighted by Xiamen Hongfa Electroacoustic’s April 2024 statement on raw material volatility.
- Thermal management and reliability under high-load usage in fast-charging scenarios, tackled by Littelfuse’s 2024 R&D efforts but still a technical hurdle for most providers.
Key Restraints
- High cost pressures and margin squeeze faced by manufacturers due to raw materials pricing fluctuation—YE data from Song Chuan Precision 2024 underscores the challenge.
- Intellectual property disputes and stricter compliance guidelines across regions (especially Europe and North America), exemplified by a recent lawsuit involving American Zettler and local OEMs in June 2024.
Global EV PCB Relays Market Share by Type, 2025
In 2025, electromechanical relays account for the largest share within the EV PCB relays market, followed by solid state and hybrid relays. Electromechanical relays continue to dominate due to proven reliability and cost-effectiveness for high-load switching in core automotive subsystems. Solid state relays, though slightly behind, are steadily gaining ground owing to their compactness and improved lifecycle, addressing the rising demand for miniaturization and thermal stability, especially in fast-charging applications. Hybrid relays serve as a bridge, leveraging the strengths of both technologies for advanced BMS and safety systems. This distribution reflects ongoing innovation, with a shift toward higher voltage and smarter relay solutions.
Global EV PCB Relays Market Share by Applications, 2025
Battery management systems (BMS) claim the highest share of PCB relay applications in 2025, underscoring the critical need for precise energy control and safety in EVs. Power distribution follows, playing an essential role in load balancing and fault protection, while EV charging systems capture a significant portion with growing infrastructure development. The dominance of BMS highlights the industry's commitment to advancing energy storage safety and longevity, while recurring investments in relay-driven charging infrastructure fuel robust demand. Applications in air conditioning, safety, and lighting reflect the broader electrification of vehicle components and the requirement for efficient relay solutions across subsystems.
Global EV PCB Relays Market Revenue (USD Million), 2020-2035
The global EV PCB relays market is projected to soar from $2,430 million in 2020 to $7,800 million by 2035, driven by surging EV demand and evolving electric infrastructure. Growth is steadiest between 2025 and 2030, as widespread EV adoption in China, Europe, and North America powers robust investments. The rising trend in relay integration—from battery management to charging and safety systems—positions PCB relays as foundational to efficient, reliable, and safe EV operation. Ongoing innovation, particularly in solid-state and hybrid technologies, further contributes to sustained market expansion through the forecast period.
Global EV PCB Relays Market YOY Growth (%), 2020-2035
Year-over-year (YOY) growth in the EV PCB relays market is robust in the early 2020s, peaking at 13.5% in 2025 as government incentives and regulatory policies enhance EV uptake. Growth moderates to around 10.2% in 2030 as markets mature and infrastructure saturates, and further to 7.1% by 2035 amid technological consolidation. This trajectory reflects both the rapid expansion phase of global electrification and the eventual stabilization as next-generation relay solutions and alternative switching technologies begin to influence market dynamics.
Global EV PCB Relays Market Share by Regions, 2025
The Asia-Pacific region leads the global EV PCB relays market in 2025, capturing more than half of total sales, predominately driven by China, Japan, and South Korea’s strong automotive manufacturing base and government support for EVs. Europe ranks second, bolstered by stringent emission targets and the rapid transition to electric mobility in markets such as Germany and the UK. North America holds the third spot, with the US representing a major innovation hub for relay technologies and growing consumer EV adoption. Other global regions are expected to see consistent, though comparatively moderate, growth.
Global EV PCB Relays Market Players Share, 2025
The global EV PCB relays market is predominantly led by Panasonic Corporation, TE Connectivity, and Omron Corporation, collectively holding the largest market shares. Panasonic and TE Connectivity are recognized for their strong R&D pipelines and established partnerships with top OEMs worldwide, while Omron excels in solid-state and advanced hybrid relay innovation. Other notable players such as Fujitsu Limited and Hongfa Technology maintain competitive positions through product diversification and geographic reach. The intense rivalry drives continuous innovation with significant investments in next-generation relay technology, manufacturing scale, and smart integration capabilities. Global EV PCB Relays Market Buyers Share, 2025
Automotive OEMs constitute the predominant buying segment in the EV PCB relays market, accounting for nearly half of the market in 2025, reflecting their central role in direct integration of relays into EV systems. Aftermarket suppliers and large fleet operators represent the next biggest segments, driven by the need for relay replacements and upgrades in existing EVs. Other buyers such as direct sales to charging infrastructure providers and industrial integrators also contribute, albeit at a lower overall market share. This segmentation points to the OEM-centric nature of the market, shaped by long-term partnerships and tailored supply agreements.
Study Coverage
| Metrics | Details |
|---|
| Years | 2020-2035 |
| Base Year | 2025 |
| Market Size | 3450 |
| Regions | North America, Europe, APAC, South America, Middle East, Africa |
| Segments | Electromechanical Relays, Solid State Relays, Hybrid Relays, Plug-in Relays, Micro Relays, High-Voltage Relays, Battery Management System, Charging System, Power Distribution, Air Conditioning System, Safety & Security System, Lighting System |
| Players | Panasonic Corporation, TE Connectivity, Omron Corporation, Fujitsu Limited, Hongfa Technology, Denso Corporation, Xiamen Hongfa Electroacoustic, Sensata Technologies, Song Chuan Precision, American Zettler, Standex Electronics, Coto Technology, Littelfuse, Mitsubishi Electric, OMRON Automotive Electronics |
Key Recent Developments
- June 2024: Omron Corporation launches hybrid PCB relay for fast-charging EV stations, featuring improved arc suppression.
- July 2024: Fujitsu debuts IoT-enabled PCB relay for BMS with predictive maintenance capability.
- August 2024: TE Connectivity introduces ultra-compact power relay for EV charging network expansion globally.
- September 2024: Hongfa Technology enters strategic partnership with Asian battery swap operators to deliver intelligent, high-voltage relays.
- July 2024: Panasonic Corporation expands relay manufacturing facility in Europe to meet rising OEM and aftermarket demand.
