The report, with size, share and trend analysis over the forecast period (2024-2030), highlights the advancements in the Automotive Relays market.

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        The automotive relays market is expected to grow at a CAGR of 5.3% during the forecast period (2023-2030). The growing automotive industry is a key factor driving the demand in the global automotive relay market. An automotive relay is an electrical switch used as a control device inside a vehicle. It manages the flow of electrical energy in various systems and helps control and automate electrical functions in vehicles. Automotive relays are primarily used to regulate high current devices such as lighting, engines and ignition systems, and other electronic components. Relays are designed to protect sensitive electronic components and improve the safety and overall efficiency of a vehicle’s electrical system.
        The global automotive relay market is segmented based on relay type, vehicle type, and application. By relay type, the market is segmented into PCB relays, plug-in relays, high voltage relays, and other relay types such as alarm relays, time relays, and protection relays. Based on vehicle type, the market is segmented into passenger cars, commercial vehicles and electric vehicles. Based on application, the market is segmented into security systems, lighting systems, engine control modules, and other applications such as power windows, sunroofs, and ABS control.