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Automotive Turbocharger Market to Cross US$ 23 Billion by 2031, Supported by Automotive Industry Growth
The global automotive turbocharger market was valued at US$ 10.4 billion in 2020 and is projected to exceed US$ 23.28 billion by the end of 2031, expanding at a compound annual growth rate (CAGR) of 7.6% from 2021 to 2031. Increasing demand for fuel-efficient vehicles, stringent automotive emission regulations, and growing adoption of engine downsizing technologies are expected to drive market...
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