Toshiba Corporation, Panasonic Corporation, OMRON Corporation,COSMO Electronics, Renesas Electronics Corp.,IXYS Corporation,Bright Toward Industrial Co., Ltd The Global Photomos Relays Market was valued at USD 239.67 Million in 2021 and is expected to rise with a CAGR of 14.8% from 2022-2028 during the forecast period. Growing application of PhotoMOS Relays in electric vehicles is driving the market. Over the period, there is an advancement in the field of architecture and engineering that has bought many revolutionary changes specifically in the form of digital up-gradation.PhotoMOS relays are the semiconductor relays which consist of an LED coupled optically to a MOSFET and are used primarily as signal relay replacements. Having no flexible contacts, PhotoMOS relays are understood to have long-term reliability than mechanical relays. PhotoMOS relay is a type of photocoupler which comprises of an LED at the input side and a photodetector at the output side.