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Automotive | Cyber Armor

The Automotive Industry Needs Protection

According to multiple reports, the growth and transformation of the automotive market can be attributed to significant research and development investments in electrification, autonomous driving, connectivity and shared mobility.

 

The global automotive motors market size is projected to grow from $20,321 million in 2020 to $25,719 million by 2025, at a compound annual growth rate of 4.8%. The advent of fuel efficient technology will have a significant impact on hybrid electric and battery electric vehicles, which, in turn, will drive the automotive market.

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Uploaded on October 28, 2022