Automotive Emergency Braking System Industry to Reach USD 68.26...

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2024-12-13 11:01:41 -

Automotive Emergency Braking System Industry to Reach USD 68.26 Billion by 2033 with an 8% CAGR

The automotive emergency braking system industry was valued at around USD 29.5 billion in 2022 and is projected to reach USD 31.6 billion by the end of 2023. With a forecasted compound annual growth rate (CAGR) of 8%, the market is expected to grow significantly, reaching USD 68.3 billion by 2033. This expansion is largely driven by the rising incidence of traffic accidents and the...

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