Automotive 48V System Market Analysis: Mild Hybrids and Electric Vehicles 2032
Global Automotive 48V System Market Overview (2025–2032) The Global Automotive 48V System Market, valued at USD 6.47 billion in 2024, is expected to expand at a robust CAGR of 24.2% from 2025 to 2032, reaching nearly USD 36.63 billion. The 48V system represents a breakthrough in automotive electrical architecture, designed to enhance vehicle performance, improve fuel efficiency, and...
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