Automotive Solenoid Market Size worth USD 6.2 billion by 2026, at a CAGR of 7.3%
The global automotive solenoid market is estimated to be USD 4.3 billion in 2021 and is projected to grow at a CAGR of 7.3%, to reach USD 6.2 billion by 2026. The growth of this market is fuelled by rising automation in vehicles and increased vehicle manufacturing in the emerging economies due to urbanization. The fact that solenoids are used in various automotive systems and features in every vehicle...
Diesel Particulate Filter Market Size for On-Highway Vehicle worth USD 24.81 billion by 2025
The diesel particulate filter market (DPF) is primarily driven by the increasing stringency of emission regulations across the globe. The OE DPF market is projected to grow at a CAGR of 11.29% during the forecast period. From an estimated market size of USD 10.55 billion in 2018, it is projected to reach a market size of USD 24.81 billion by 2025. The DPF aftermarket is projected to grow at a CAGR...