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Valued to be $47.4 Billion by 2026, Automotive Hydraulics System Slated for Stable Growth Worldwide

/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled. ....

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Worldwide Automotive Hydraulics System Industry to 2026 - Featuring Robert Bosch, Borgwarner and Continental Among Others

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The Global Automotive Hydraulics System Market is projected to grow at a CAGR of over 6% during 2022-2026. The major drivers contributing to the growing demand of market include increasing sales of OTR vehicles and growing vehicle production. Moreover, growing technological advancements in electro-hydraulic automotive applications can create opportunities for automotive hydraulics system manufacturers which is positively impacting the growth of the market.
In terms of regional analysis, Asia Pacific is expected to dominate the market during the forecast followed by North America region due to increasing vehicle production and government mandates regarding the active and passive safety of vehicles. Furthermore, increasing investment in construction activities is projected to drive the growth in this region. ....

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Worldwide Automotive Hydraulics System Industry to 2026 - Featuring Robert Bosch, Borgwarner and Continental Among Others

Worldwide Automotive Hydraulics System Industry to 2026 - Featuring Robert Bosch, Borgwarner and Continental Among Others
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Insights on the Automotive Hydraulics System Global Market to 2026 - Key Forecasts & Opportunities

Insights on the Automotive Hydraulics System Global Market to 2026 - Key Forecasts & Opportunities
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