New York, Sept. 28, 2023 (GLOBE NEWSWIRE) — The global surface mount reed relays market size is slated to expand at ~ 6% CAGR between 2023 and 2035. The market is poised to garner a revenue of USD 39 billion by the end of 2035, up from a revenue of ~USD 3 billion in the year 2022. In modern printed circuit board (PCB) manufacturing facilities, SMD technology is becoming the dominant approach for component assemblies as their designs are simpler and have fewer internal components.
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(GlobeNewsWire)