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Robust Growth Momentum in the Relay Market
Market Overview The global relay market size and share was valued at USD 9.56 billion in 2023 and is predicted to surpass at a CAGR of 6.20% during the forecast period. Over the past decade, the evolution of relay technology has introduced innovative products such as solid-state relays and smart relays, offering higher efficiency, enhanced reliability, and compact designs suitable for modern...
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