During the course of the forecast period, the Safety Motor sub-segment is anticipated to grow at the fastest rate. It is anticipated that rising consumer awareness of safety features and growing requirements for the installation of equipment like airbags and anti-lock brake systems (ABS).

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Automotive Motors Market- Global Analysis and Forecast (2023-2029)

Automotive Motors Market size is expected to reach US$ 35.75 Bn. by 2029, at a CAGR of 6.5% during the forecast period.
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