The Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors Global Market Report 2023, provides comprehensive information on the motor vehicle electrical & electronic equipment, steering suspension, & interiors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors Market’s Growth:
As per The Business Research Company’s Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors Global Market Report 2023, the global motor vehicle electrical & electronic equipment, steering suspension, & interiors market size grew from $455.58 billion in 2022 to $505.69 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motor vehicle electrical & electronic equipment, steering suspension, & interiors market is expected to grow to $753.74 billion in 2027 at a CAGR of 10.5%.
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The motor vehicle electrical & electronic equipment, steering suspension, & interiors market is segmented:
1) By Type: Motor Vehicle Electrical and Electronic Equipment, Motor Vehicle Steering and Suspension Components (except Spring), Motor Vehicle Seating and Interior Trim
2) By Application: Passenger Vehicle, Commercial Vehicle
3) By End Use: OEM, Aftermarket
Asia-Pacific was the largest region in the motor vehicle electrical & electronic equipment, steering suspension, & interiors market in 2022.
The table of contents in TBRC’s motor vehicle electrical & electronic equipment, steering suspension, & interiors market report includes:
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