Automotive Industry Market to 2024 | Industry Statistics, Emerging Demands, Forecast to 2031
The Global Automotive Industry Market, a cornerstone of the world economy, is experiencing unprecedented growth and transformation. Valued at USD 436.89 billion in 2022, the market is projected to skyrocket to USD 1789 billion by 2030, growing at an impressive compound annual growth rate (CAGR) of 19.25% from 2023 to 2030. Market Overview The automotive industry encompasses the design,...
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