Automotive Market Expected to Reach $7,705.52 Billion by 2034, Expanding at 6.8% CAGR
Automotive Market Stats The global automotive market size was valued at USD 3,996.86 billion in 2024. It is expected to grow from USD 4,262.19 billion in 2025 to USD 7,705.52 billion by 2034, at a CAGR of 6.8% during 2025–2034. Automotive Market Introduction The automotive market encompasses the design, development, manufacturing, marketing, and sales of motor vehicles. These...
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