I have replaced my fair share of them over the years while working at GM dealerships over the years. I don't think it's that they "wear" out, they just get what I call heat fatigued. The heating/cooling cycle over time stress's the component much like happens in solid state electronic components and they eventually fail. Micro chips, transistors, diodes, etc... are not mechanical and they fail all the time due mostly to failure caused by the expanssion and contraction of the component everytime it goes through the heating/cooling cycle.