Internal Combustion Engine Market Primed for Growth on Back of...

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2024-11-28 12:18:45 -

Internal Combustion Engine Market Primed for Growth on Back of Rising Vehicle Production

The internal combustion engine market is estimated to be valued at US$ 256.7 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024-2031. An internal combustion engine is a heat engine that burns a fuel, usually a fossil fuel, and produces mechanical work to power vehicles, machinery, and electricity generation equipment. The various advantages of internal...

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