Automotive Relay Market 2030: Bridging the Gap Between Tradition and Innovation
The global automotive relay market was valued at approximately USD 13.53 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% between 2023 and 2030. This expansion can be attributed to several key factors, including the diversification of electric vehicle (EV) components over the past decade, which has led to an increased demand for relays as essential...
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