Global Automotive Parallel Hybrid Power System Market Value,...

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2026-01-05 16:52:38

Global Automotive Parallel Hybrid Power System Market Value, Share, and Growth Trends 2032

The Automotive Parallel Hybrid Power System Market is witnessing steady growth as automotive manufacturers accelerate the transition toward fuel-efficient and low-emission mobility solutions. Valued at US$ 63,210.32 million in 2024, the market is projected to expand at a CAGR of 8.60% from 2025 to 2032. Rising fuel prices, stringent emission regulations, and increasing consumer demand for...

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