Tag Archives: Automotive Low Voltage Drives Market Forecast

The automotive low voltage drives market is expected to experience significant growth, projected at a Compound Annual Growth Rate (CAGR) of 4.0% from 2024 to 2032. This market is crucial for enhancing energy management and performance in vehicles, particularly as the automotive industry advances towards more sustainable and innovative vehicle designs. Key Market Drivers Surge in Electric and Hybrid Vehicles: ...