Automotive Axle & Propeller Shaft Market Size worth USD 25.4 billion by 2025
The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, rising SUV demand, and growing adoption of AWD vehicles to get enhanced traction is expected to fuel the demand for Automotive Axle &...
Automotive Engine Encapsulation Market Size worth USD 6.30 Billion by 2025
The automotive engine encapsulation market is projected to grow at a CAGR of 6.13% during the forecast period, from USD 4.16 Billion in 2018 to USD 6.30 Billion by 2025.
The growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient, aerodynamically efficient, and stylish vehicles, are collectively expected to drive the...
Automotive Hydrostatic Fan Drive System Market worth USD 229.6 Million by 2025
The automotive hydrostatic fan drive system market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 144.8 Million in 2018 to USD 229.6 Million by 2025.
The growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles is expected to drive the automotive hydrostatic fan drive system market. The market growth can also be attributed...