Relay Market to Reach USD 12.67 Billion by 2031, Growing at a 5.63% CAGR; Electromechanical Devices Lead with 61.05% Market Share - Reports Mordor Intelligence

Summary

HYDERABAD, India, May 28, 2026 /PRNewswire/ -- According to recent research published by Mordor Intelligence, the global relay market is witnessing steady expansion owing to the increasing deployment of relays across automotive, industrial automation, energy, and consumer electronics...

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• Relay Market to Reach USD 12.67 Billion by 2031, Growing at a 5.63% CAGR; Electromechanical Devices Lead with 61.05% Market Share - Reports Mordor Intelligence

  PR Newswire • May 28