Automotive Powertrain Market Drivers, Opportunities, Trends, and Forecasts 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. Segment-wise, the automotive powertrain market is classified into different vehicle categories. Passenger vehicles remain the leading segment, contributing significantly to overall market revenues. This...
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