Automotive Powertrain Sector Expansion Drivers Projections 2032

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2025-07-15 05:56:36 -

The global automotive powertrain market, valued at USD 435.3 million in 2022, is projected to reach USD 719.3 million by 2032, growing at a compound annual growth rate (CAGR) of 5.2%. This growth is driven by rising automotive production, stringent emission regulations, and increasing demand for fuel-efficient vehicles. The market accounts for approximately 21% of the global car and...

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