The automotive solenoid market is poised for consistent growth as vehicle electrification, automation, and fuel efficiency trends continue to transform the automotive landscape. In 2023, the global market was valued at US$ 5.0 billion, and it is expected to grow at a CAGR of 6.3% from 2024 to 2034, reaching US$ 9.8 billion by the end of 2034. https://www.openpr.com/news/4000002/from-usd-5-0-billion-in-2023-to-usd-9-8-billion-by-2034-automotive