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The market size for automotive manufacturing equipment is expected to grow rapidly over the next few years. It is projected to reach 11.03 billion USD with a compound annual growth rate (CAGR) of 10.0% by 2028. The anticipated growth during the forecast period may be related to the adoption of electric vehicles, the integration of Industry 4.0 technologies, a focus on environmental sustainability, supply chain resilience, and an increase in customization demand. Key trends expected during the forecast period include the proliferation of Industry 4.0 technologies, the introduction of collaborative robots (cobots), the integration of augmented reality (AR) and virtual reality (VR), the adoption of 3D printing/additive manufacturing, a shift towards flexible and modular production systems, and the development of advanced material handling systems.