The Surge Continues: Exploring the Impressive CAGR of the MOSFET Relay Market
The MOSFET relay market is driven by the growth of the increasing adoption of EVs. MOSFET relay relays are used in the batteries of EVs. According to International Energy Agency’s Tracking Clean Energy Progress report, EV sales doubled and made up 9% of the car market by the end of 2021 with more cars being sold in the European and Chinese markets. The share of EV car sales is expected to grow by...