Group items tagged

According to a new market report published by Persistence Market Research Global Market Study on Automotive Cockpit Electronics Infotainment and Navigation Segment to Witness Highest Growth by 2020 According to a new market report published by Persistence Market Research Global Market Study on

The global automotive relay market was valued at USD 15.0 billion in 2022 and is expected to reach USD 22.3 billion by 2030, growing at a CAGR of 6.0% during 2023-2030. The extensive adoption of electric content in passenger & commercial vehicles is supporting the upliftment in the growth of various applications that are further contributing towards the growth of the global automotive relay market. Additionally, the extensive importance of security and safety features in a vehicle along with the excessive adoption of sophisticated electronic devices are other factors pertaining to the growth of the global automotive relay market.

The global automotive conformal coatings market is expected to grow at an annual rate of 10.2% from USD 1.7 billion in 2022 to USD 4.2 billion in 2030. The increasing use of automotive electronics in automobiles, as well as numerous technological advancements in conformal coating application methods, are propelling this market forward.