Automotive Gearbox Market Expected to Reach USD 163.54 Billion by 2030, Growing at a CAGR of 4.24%
Summary: The global automotive gearbox market is poised for substantial growth, projected to reach USD 163.54 billion by 2030. This expansion is driven by a Compound Annual Growth Rate (CAGR) of 4.24% over the forecast period from 2024 to 2030. The market's development is influenced by technological advancements, evolving consumer preferences, and increased demand for efficient automotive systems.
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