Internal Combustion Engine Market Growth Factors & 6.05% CAGR Forecast 2032
The global Internal Combustion Engines (ICE) market is set to witness significant expansion, driven by increasing industrial applications and the automotive sector's steady demand. According to DataIntelo, the market is projected to reach a valuation of USD XX billion by 2032, registering a CAGR of 6.05% during the forecast period.
Despite the ongoing shift toward electric mobility, internal combustion engines continue to dominate the transportation sector, especially in heavy-duty applications. Their widespread use in industries such as agricultur
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