How Automation and Vehicle Electrification Are Transforming Automotive Manufacturing Equipment?
According to the research report Global Automotive Manufacturing Equipment Market Outlook, 2031, published by Bonafide Research, the global automotive manufacturing equipment market was valued at more than USD 32.59 billion in 2025 and is projected to exceed USD 44.04 billion by 2031, registering a compound annual growth rate (CAGR) of 5.28% during 2026–2031.
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