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Auto Parts and Accessories Market Poised for Strong Growth Amid Rising Vehicle Sales and Technological Advancements

Read More: https://dataintelo.com/report/....global-auto-parts-an

The Auto Parts and Accessories Market is witnessing substantial expansion, driven by rising vehicle sales, increasing demand for aftermarket customization, and advancements in automotive technology. According to Dataintelo, the market was valued at USD 1.9 trillion in 2023 and is projected to reach USD 2.8 trillion by 2032, growing at a CAGR of 4.5% during the forecast period.

Auto Parts and Accessories Market Research Report 2032
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Auto Parts and Accessories Market Research Report 2032

The global auto parts and accessories market size is projected to grow significantly from an estimated value of $1.5 trillion in 2023 to a forecasted $2.3 trillion by 2032, reflecting a compound annual growth rate (CAGR) of 4.9%.