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The Australian brakes and clutches industry plays a vital role in ensuring vehicle performance, safety, and efficiency across both automotive and industrial segments. As the nation transitions toward electric mobility and smarter manufacturing systems, the demand for advanced braking and clutch mechanisms is rising significantly. The Australia brakes and clutches market size reached USD 24.48 Million in 2024 and is projected to reach USD 39.97 Million by 2033, exhibiting a CAGR of 5.60% during 2025-2033. https://www.imarcgroup.com/insight/australia-brakes-and-clutches-industry-electric-vehicle-demand-major-sectors-leading-companies

The Philippines automotive wiring harness market is positioned for steady growth, expanding from USD 1,730 Million in 2024 to USD 2,339.42 Million by 2033 at a CAGR of 3.41%. Modular design innovations, artificial intelligence integration, and advanced automation are fundamentally reshaping the industry, enabling manufacturers to meet escalating demands for electric vehicles, advanced driver-assistance systems, and connected car technologies while maintaining cost-effectiveness and operational efficiency. https://www.imarcgroup.com/insight/philippines-automotive-wiring-harness-industry-embraces-modular-design-innovations

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