Automotive Manufacturing Equipment Market Eyes 11.1% CAGR, USD 19.4 Billion by 2034

The global automotive manufacturing equipment market is poised to grow at a CAGR of 11.1% during the forecast period. It will likely attain a valuation of USD 6.8 billion in 2024 and USD 19.4 Billion by 2034. The conveyor belt segment is anticipated to progress at a healthy CAGR of 11.0% during the assessment period. This is attributable to the growing usage of conveyor systems in …

Automotive Manufacturing Equipment Market Projected to Hit US$ 19.4 Billion by 2034 with 11.1% CAGR

The global automotive manufacturing equipment market is poised to grow at a CAGR of 11.1% during the forecast period. It will likely attain a valuation of US$ 6.8 billion in 2024 and US$ 19.4 Billion by 2034. The conveyor belt segment is anticipated to progress at a healthy CAGR of 11.0% during the assessment period. This is attributable to the growing usage of conveyor systems …