Automotive Motors Market Size, Share, Forecast, Driving Factors, Restraints, Segmentation, Applications
The Global Automotive Motors Market, valued at USD 23.9 billion in 2023, is anticipated to experience robust growth over the next several years. Projected to reach USD 34.77 billion by 2031, the market is set to grow at a healthy Compound Annual Growth Rate (CAGR) of 4.8% from 2024 to 2031. This growth is driven by several key factors, including the increasing adoption of electric vehicles...
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