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[English Market Research Report] Automotive Transceiver Market until 2028

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The vehicle-mounted transceiver market is projected to reach USD 9.8365 billion by 2028, up from USD 6.34011 billion in 2022, with an estimated CAGR of 6.8% from 2022 to 2028. The vehicle-mounted transceiver market is divided into five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. In 2022, the Asia-Pacific region held the largest share and led the market, followed by Europe. Furthermore, the Asia-Pacific region is expected to record the highest CAGR in the market from 2022 to 2028.

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[English Market Research Report] Automotive Transceiver Market

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The global market size for in-vehicle transceivers reached 5.65 billion USD in 2022. The IMARC Group forecasts a growth rate of 5.60% (CAGR) between 2023 and 2028, expecting it to reach 7.95 billion USD by 2028. Significant growth in the automotive industry, improved consumer spending capacity, and extensive research and development (R&D) activities are among the main factors driving the market.

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