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Next Move Strategy Consulting
Automotive Air Compressor Market Trends and Growth - 2030
Automotive Air Compressor Market Trends and Growth - 2030
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The global Automotive Air Compressor Market is projected to reach USD 34.64 billion by 2030, growing at a CAGR of 5.0%.
This market includes air compressors designed specifically for automotive applications. These compressors play a crucial role in various vehicle systems, such as air conditioning, braking, suspension, as well as tire inflation and power tools.
The growing demand for automobiles is driving the need to compress and circulate refrigerant gas for efficient cooling in vehicles, which in turn is fueling the growth of the automotive air compressor market.
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