The global engine component market size was USD 268.4 Billion in 2022 and is expected to reach USD 412.3 Billion by 2032, and register a rapid revenue CAGR of 4.2% during the forecast period. Rising demand for fuel-efficient engines and strict emission rules everywhere in the world, and rapid growth in the automotive sector in developing nations, such as China and India, are major factors driving market revenue growth.Engine components refers to all the various parts and individual components that form an engine. These part...
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