The Automotive Relay Market is estimated to be USD 12.39 billion in 2017 and is
projected to grow at a CAGR of 6.20% during the forecast period. The base year
considered for the study is 2016 and the forecast period is 2017 to 2022. Factors such as
increasing trend of vehicle electrification, stringent emission norms, and fuel efficiency
standards are driving the automotive relay market across the globe. Also, increasing
demand for premium and mid-priced passenger cars has increased the comfort and
luxury applications in the car, which has, in turn, boosted the global market.