Vehicle Electrification Market: Trends, Growth, and Forecast 2024-2032 Vehicle Electrification Market Outlook
The global vehicle electrification market size reached a value of nearly USD 123.78 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 12.10% during the forecast period of 2025-2034. The market is expected to reach approximately USD 387.89 billion by 2034. The growth of the vehicle electrification market can be attributed...