Powertrain Technology Industry: Emerging Solutions for Future Vehicles

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2026-08-21 10:06:49 -

According to a new report by Polaris Market Research, the global automotive powertrain systems market was valued at USD 1,197.57 billion in 2025 and is projected to reach USD 4,377.24 billion by 2034, expanding at a CAGR of 15.5% over the forecast period. Growth is underpinned by rising electric vehicle adoption, expanding urbanization-driven low-emission zone policies, and accelerating...

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