The global automotive relay market, valued at USD 19.02 billion in 2023, is projected to reach USD 27.12 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.15% during this forecast period, according to TechSci Research.
Automotive relays play a pivotal role in managing electrical circuits in vehicles, and their demand is increasing due to rising electric and hybrid vehicle...
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