Press Release

  • Global Automotive PCB Market to Grow with a CAGR of 6.81% through 2031F

    The Global Automotive PCB (Printed Circuit Board) Market is primarily driven by the increasing adoption of electric and autonomous vehicles, which rely heavily on advanced PCBs to support complex electronics and sensor systems. Additionally, the rising demand for in-car connectivity, infotainment systems, and advanced driver-assistance features is fuelling the need for more sophisticated PCBs in modern vehicles, contributing to market growth.

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  • Global Engine Mounts and Engine Market to Grow with a CAGR of 6.19% through 2031F

    The Global Engine Mounts and Engine Market are primarily driven by the continued growth in vehicle production and sales, with increasing demand for engines and engine mounts. Additionally, stringent emissions and fuel efficiency regulations are compelling automotive manufacturers to invest in advanced engine technologies and lightweight materials, necessitating upgrades and replacements of both engines and engine mounts to meet regulatory standards and consumer demands for cleaner and more fuel-efficient vehicles.

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  • Automotive E-Tailing Market to Grow with a CAGR of 11.04% through 2031F

    The major drivers for the Global Automotive E-Tailing Market include the surging consumer preference for online shopping, powered by the convenience and extensive product choices offered by e-commerce platforms, as well as the industry's digital transformation, with automotive retailers embracing online sales channels, enabling customers to purchase vehicles, parts, and accessories digitally.

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  • Automotive Suspension Market to Grow with a CAGR of 6.42% through 2031F

    The major drivers for the Global Automotive Suspension Market include the increasing demand for comfortable and smooth rides, the need for improved vehicle handling and stability, and the growth of the automotive industry in emerging markets, which necessitates suspension system enhancements to meet diverse road conditions and consumer preferences.

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  • Global Automotive Balance Shaft Market to Grow with a CAGR of 5.07% through 2031F

    The Global Automotive Balance Shaft Market is primarily driven by the growing demand for improved engine efficiency and the need to reduce vehicle emissions. Balance shafts play a crucial role in mitigating engine vibrations, enhancing overall efficiency, and reducing noise, vibration, and harshness (NVH) levels. Additionally, the expansion of automotive production, particularly in emerging markets, further fuels the market's growth as automakers prioritize the integration of balance shafts to improve vehicle performance and meet stringent regulatory standards.

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  • Global Automotive Heat Shield Market to Grow with a CAGR of 5.21% through 2031F

    The Global Automotive Heat Shield Market is primarily driven by stringent emission regulations that necessitate the use of heat shields to manage heat in exhaust systems and engines, reducing emissions and enhancing fuel efficiency. Additionally, the rising demand for electric vehicles further fuels the need for effective heat management solutions in battery compartments and powertrains, driving the market's growth.

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  • Global Automotive Filter Market to to Grow with a CAGR of 3.91% through 2031F

    The major drivers for the Global Automotive Filter Market include stringent emission regulations that mandate effective filtration for emissions control, the increasing demand for fuel efficiency and optimal engine performance, the growth in global vehicle production and expanding vehicle fleets, and the ongoing shift toward electrification and hybridization, requiring filters for battery systems and cabin air purification in electric and hybrid vehicles.

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  • ADAS Market to Grow with a CAGR of 7.21% through 2031F

    The global ADAS market focuses on enhancing vehicle safety and driving convenience through technologies like AI, smart infrastructure, and advanced sensors. As automakers and consumers demand smarter, safer vehicles, the market continues to grow rapidly, driven by innovation and regulatory support.

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  • Automotive HVAC Market grow with a CAGR of 6.04% through 2031F

    Growing demand for passenger comfort and advanced climate control systems, rising adoption of electric and hybrid vehicles requiring efficient thermal management, and technological advancements in HVAC components to enhance energy efficiency and reduce emissions are the factors driving the market.

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