Automotive pinion gear market to reach $17.9B by 2031: Report
Canadian Manufacturing
JANUARY 30, 2025
billion by 2031, with a compound annual growth rate (CAGR) of 3.7 Shift to Electric Vehicles (EVs): EV manufacturers are increasingly focusing on high-efficiency pinion gears to improve power transmission and optimize battery performance. WILMINGTON The global automotive pinion gear market is projected to grow steadily, reaching $17.9
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