Automotive Powertrain Market Recent Study Segments, Future Growth, Business Prospects by 2031
The automotive powertrain market size is expected to reach US$ 2,010.96 billion by 2031 from US$ 1,112.16 billion in 2024. The market is estimated to record a CAGR of 8.8% from 2025 to 2031.
The automotive powertrain market is broadly segmented by vehicle type into passenger cars, light commercial vehicles, and heavy commercial vehicles. Among these, the passenger car segment remains the most...
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