Increasing Electrical & Electronic Applications to Drive the Global Automotive Relay Market
The Automotive Relay Market is projected to grow at a CAGR of 6.20% from 2017 to 2022 and is projected to reach USD 16.75 billion by 2022. The electronic and electrical applications in vehicles will continue to increase with increasing focus on safety, security, and emissions, thereby fueling the demand for the automotive relay market.
With the increase in electronic applications, there is an increased...