Driveline Market Trends, Innovations, Growth, Forecast 2031
The Driveline Market, encompassing the key components that transfer power from a vehicle’s engine to its wheels, is poised for significant growth in the coming years. Valued at USD 287 billion in 2022, this market is projected to reach an impressive USD 501.2 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.2% from 2023 to 2030. This growth is driven by...
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