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Sector Analysis
Automotive Braking Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Braking Systems Market Report Overview The automotive braking systems market size was 578.5 million units in 2023. The market will grow at a CAGR of more than during 2023-2028. Rapid growth in EV adoption is driving the demand for regenerative braking systems. In 2023, Asia-Pacific accounted for a significant share of the automotive braking systems market. Automotive Braking Systems Market Outlook, 2023-2028 (Million Units) Buy the Full Report for More Insights on the Automotive Braking Systems Market Report Forecast...
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Sector Analysis
Automotive Suspension Systems Market Trends, Sector Overview and Forecast to 2028
Automotive Suspension Systems Market Overview The automotive suspension systems market size was 364.1 million units in 2023. The market will grow at a CAGR of more than 1% during 2023-2028. The introduction of strict safety regulations and an increase in the use of electronic components in vehicles has made the suspension system market extremely competitive. Vendors put a lot of effort into creating lightweight and ride-improving technologies, which helps the market expand. In 2023, Asia-Pacific accounted for a significant share...