Automotive Motor Market Forecast: USD 35 Billion Valuation and Projected [Growth} at {4.8%} CAGR
The global automotive motor market has witnessed substantial growth in recent years, driven by increasing environmental concerns, advancements in motor technology, and stringent emission regulations. According to the TechSci Research report, the market stood at USD 35 billion in 2022 and is projected to grow at a CAGR of 4.8% during the forecast period from 2024 to 2028. With… Read More »