China’s demand for Automotive Aftermarket Products has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export,...
This study focuses on China’s Automotive Aftermarket Products industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the...
China’s demand for Automotive Components has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
Major companies in the motor vehicle body, stamped metal, & other parts market include Lindy Manufacturing; Alcoa Inc.; Acro; Gestamp and Trans-Matic. The global motor vehicle body, stamped metal & other parts market is expected to grow from $1358.25 billion in 2020 to $1424.33 billion in 2021 at a compound annual growth rate (CAGR)...
Major companies in the motor vehicle engine, power train, & parts market include Honda; BMW; Toyota; Mercedes-Benz and Ford. The global motor vehicle engine, power train & parts market is expected to grow from $806.94 billion in 2020 to $846.39 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due...
The ultrasonic sensors market was valued at USD 1040.12 million in 2020 and is expected to reach a value of USD 2383.19 million by 2026, at a CAGR of 15.68%, during the forecast period (2020-2025). The ultrasonic sensor is an emerging technology with significant growth potential. Ultrasonic sensors rely on non-intrusive detection of target...
Major companies in the motor vehicle and parts dealers market include AutoNation; CarMax; Group 1; Penske Automotive Group and Sonic Automotive. The global motor vehicle and parts dealers market is expected to grow from $3920.36 billion in 2020 to $4355.18 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth...
The global hydraulics market size is expected to grow from USD 37.4 billion in 2020 to USD 42.1 billion by 2025, at a CAGR of 2.4%. The growth of this market is mainly driven by growing construction activities drive significant demand for hydraulic equipment, increasing demand for material handling equipment, rising demand for advanced agriculture...
The drive by wire market is projected to reach USD 31.9 billion by 2025 from an estimated USD 24.0 billion in 2020 at a CAGR of 5.9% during the forecast period. The primary reason for the growth is driven by the increasing number of mandates from governments to control vehicle emissions, vehicle weight reduction and the demand for premium...
The machine safety market is expected to be valued at USD 4.5 billion in 2020 and is projected to reach USD 6.0 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025. Increasing emphasis on ensuring workplace safety in oil & gas, power generation, food & beverages, automotive, and chemicals industries would increase the...