The global EV relays market is on a strong growth trajectory, propelled by the rapid electrification of the automotive industry. Valued at US$ 2,182.8 Mn in 2024, the market is projected to expand at a robust CAGR of 12.7% from 2025 to 2035, reaching an estimated US$ 8,074.8 Mn by the end of 2035.
As electric vehicles (EVs) gain dominance across global markets, the...