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According to the latest analysis by Future Market Insights, the global cars market is entering a new era of transformation as automakers accelerate investments in electrification, software-defined vehicles, and advanced mobility technologies. The market is valued at USD 2,789.2 billion in 2026 and is projected to reach USD 5,912.6 billion by 2036, expanding at a CAGR of 7.8% during the forecast period. The industry is expected to generate an absolute dollar opportunity of USD 3,123.4 billion between 2026 and 2036.

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