North America Automotive Market Size, Share, Trends, Growth, and Industry Analysis, By Vehicle Types (Passenger Cars, Commercial Vehicles (Light Commercial Vehicles and Medium & Heavy Commercial Vehicles) and Two-Wheelers)), Regional Analysis, Competitor Analysis and Forecast 2024-2032.
North America Automotive market size was USD 893.30 billion in 2023 and the market is projected to touch USD 1,498.29 billion by 2032, at a CAGR of 5.91% during the forecast period. The market has undergone substantial changes in recent years, owing to technology improvements and shifting consumer tastes. Key trends include increased demand for electric vehicles (EVs) as a result of environmental…