Automotive Solenoid Market Size, Share, Forecasts to 2033
The Global Automotive Solenoid Market Size is Anticipated to Exceed USD 9.84 Billion by 2033, Growing at a CAGR of 7.16% from 2023 to 2033.A solenoid is primarily a coiled wire looped around a metal core, producing a magnetic field when current is fed through it. Automotive solenoids are used for a variety of functions, including starters for car ignition and automatic transmissions.