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Market Size of Relay Industry
Update:08-05-2023
At present, the Asia-Pacific region is the largest relay market in the world, accounting for about 36% of the market share, followed by the European and North American markets, which together account for about 52% of the market. In 2020, the global relay market will reach 42.6 billion yuan, and it is expected to reach 54.4 billion yuan in 2027, with a compound annual growth rate (CAGR) of 3.6%.
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