Automotive Manufacturing

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Automotive Manufacturing encompasses the design, development, production, marketing, and selling of motor vehicles, including passenger cars, commercial vehicles, and two-wheelers, along with their associated components and parts. The industry is undergoing a significant transformation driven by electrification (EVs), autonomous driving technologies (ADAS), and digitalization in the manufacturing process (Industry 4.0).

Global Automotive Market size was an estimated $2.75 Trillion USD in 2025. It is projected to reach approximately $3.26 Trillion USD by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of around 3.46% (2025-2030). The Electric Vehicle segment, a primary market driver, is expected to grow at a faster CAGR of about 6.85% in the same period, signaling a foundational industry shift.

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