Sales of small motors close in on revenues worth US$ 8.8 Bn in 2018, and are expected to grow at a sluggish CAGR of just over 1.0% through 2026.

Booming government initiatives for infrastructural development lined with improving road networks is anticipated to reflect favorably on the growth of global intelligent traffic management systems market.

Tougher regulations put in place for curbing carbon emissions is a key aspect necessitating adoption of high-quality automotive oil filters for seamless engine maintenance.

Global low voltage motors market grew at a significant CAGR of 7.6% during 2012-2016, owing to their highly efficient and cost-effective operation which also meet high safety standards.

High cost of sourcing the raw materials such as carbon fiber, titanium, and magnesium, continues to remain a key concern among players in the automotive lightweight materials market.

Worldwide sales of electric vehicle batteries closed in on revenues worth US$ 90,700 million in 2018, and are estimated to record a Y-o-Y growth of nearly 14% in 2019.

Increasing Proliferation of Vocational Trucks Owing to the Increasing Demand from the Building & Construction Sector

”Connected Tail Lift” in Portfolio Wish List of Manufacturers

High Seating Capacity Minibus to be the Top Revenue Pocket in the Global Minibus Market

Staggering Growth of Automotive Industries to Boost the Demand for Automotive Headliner