Automotive Rear Axles Market is Set for Rapid Growth and Demand By...

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2023-08-09 09:34:07 -

Automotive Rear Axles Market is Set for Rapid Growth and Demand By 2032

The global market size for automotive rear axles was valued at USD 30.62 Billion in 2022 and is projected to attain USD 50.01 Billion by 2032, displaying a compounded annual growth rate (CAGR) of 5.6% during the forecast period. The substantial rise in demand for commercial vehicles like buses and trucks, coupled with the rapid expansion of the automotive industry, stands out as...

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