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Auto Parts Market Surges
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Overview
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The auto parts manufacturing market is set to hit USD 41.2 billion driven by growing demand from aging vehicles and increased automotive sales. Passenger cars dominate this market, with OEM as the leading sales channel.
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How could this trend influence the overall automotive industry's future direction?
How might this growth impact the competitiveness of auto parts manufacturers globally?
What innovations could arise in response to the increasing demand for auto parts?
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