Automotive Parts Market Booms with Tech in 2030

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2025-06-05 05:28:31 -

The global automotive parts and components market is undergoing a transformational shift, driven by rapid technological advancements, a strong consumer push for energy efficiency, and the emergence of electric mobility. In 2024, the market stood at USD 629.81 billion and is forecast to surge to USD 929.39 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.70%. Key...

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