Automotive & Transportation
The automotive leaf spring aftermarket was estimated to grow from USD 18,53,707.5 million in 2020 to USD 19,98,769.5 million by 2024 at a CAGR of over 2.0% during the forecast period.
According to Stratview Research, the Marine Diesel Engine Market is expected to grow from USD 4.69 Billion in 2022 to USD 220.79 Billion by 2028 at a healthy CAGR of 5.89% during the forecast period of 2023-2028.
The Type-I Pressure Vessels Market is likely to rebound at a promising CAGR of 5.3% in the long run to reach US$ 4.5 Billion in 2026.
Vehicle Intercom System Market is likely to witness an impressive CAGR of 8.2% during the forecast period.
Off-Road Vehicles Market is estimated to grow at a healthy CAGR of 7.6% during 2022-2027 to reach a value of US$ 24.0 billion during the forecast period.
Automotive Cylinder Head Market was valued at US$ 8,737 million in 2016 and is likely to grow at a CAGR of 2.9% over the next five years to reach US$ 10,380 million in 2022.
The Market report provides critical insights on the market size, share, trend, forecasts, and opportunity analysis.
Based on the primary interview results conducted across the value chain, it is estimated that the market may maintain its dazzling growth momentum in the near future. Also, the long-term growth would be healthy keeping the transition from ATVs to SSVs in mind. Overall, the ATV market is likely to grow at a healthy CAGR of 4.8% over the next five years to reach a value of US$ 6.0 billion in 2027.
Automotive Electric Vacuum Pump Market was expected to grow at a CAGR of 4.6% during the forecast period.
Automotive Fastener Market is likely to witness a healthy CAGR of 3.2% during the forecast period.