The automotive industry is on the cusp of a transformative era, with electric vehicles (EVs), hybrid technologies, and autonomous driving systems reshaping the way cars are built and operated. In this fast-evolving landscape, automotive wire and cable materials market play a pivotal role in ensuring performance, safety, and efficiency. As automakers race to electrify their …
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Automotive Wire & Cable Material Market to Hit USD 12,020.1 million by 2033, with a CAGR of 6.9% | FMI Reports
The automotive wire & cable material market value is forecast to increase from USD 6,207.6 million in 2023 to USD 12,020.1 million by 2033. Over the assessment period, the demand for automotive wire & cable materials is projected to surge at a CAGR of 6.9%. The increasing trend toward electric cars (EVs) is a key …