Press Release

  • Global Vehicle Electrification Market to Grow with a CAGR of 9.07% through 2031F

    The Global Vehicle Electrification Market is primarily driven by heightened environmental awareness, prompting a shift towards electric vehicles (EVs) to combat emissions. Government incentives and stringent emissions regulations further accelerate EV adoption, while continuous advancements in battery technology and charging infrastructure are enhancing the practicality and appeal of electric vehicles for consumers and automakers alike.

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  • Global Automotive Spark Plug Market to Grow with a CAGR of 4.93% through 2031F

    The major drivers for the Global Automotive Spark Plug Market include the need for optimized combustion efficiency to meet stringent emission regulations, the growing demand for fuel-efficient and high-performance engines, the expansion of global vehicle production and fleets, and the ongoing advancements in spark plug technology to cater to evolving engine designs and ignition systems.

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