Press Release

  • 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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  • Automotive Shielding Market to Grow with a CAGR of 4.07% through 2031F

    The Global Automotive Shielding Market is primarily driven by the increasing electrification of vehicles, particularly the adoption of electric and hybrid vehicles, which necessitates effective shielding to manage electromagnetic and radio frequency interference. Additionally, stringent emissions standards compel the use of thermal shielding in internal combustion engines and exhaust systems to enhance efficiency and meet regulatory requirements.

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  • Automotive Sun Visor Market to Grow with a CAGR of 4.72% Globally through to 2031F

    The major driver for the Global Automotive Sun Visor Market is the increasing awareness of sun protection and safety, which has led to a growing demand for advanced sun visor features in vehicles. This trend is further bolstered by rising automotive production and sales, particularly in emerging markets, along with continuous innovations in materials and design aimed at enhancing both functionality and aesthetics, thus attracting consumers and manufacturers alike.

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