Automotive Connecting Rod Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.
the growth of automotive industry in emerging economies will be one of the major factors driving the growth of this market. Additionally, key Automotive Connecting Rod Market trends such as the use of high-strength steel connecting rods will also influence market growth during the forecast period.
Automotive Connecting Rod Market Size
During the forecast period, the Automotive Connecting Rod Market size will grow by 46.10 mn units.
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Automotive Connecting Rod Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automotive Connecting Rod Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the increasing adoption of EVs will also challenge the growth of the companies.
Albon Engineering and Manufacturing Plc | Cummins Inc. | Dover Corp. | Honda Motor Co. Ltd. | IT Forging (Thailand) Co. Ltd. | JD Norman Industries Inc. | Linamar Corp. | MAHLE GmbH | Sanjo Machine Works Ltd. | YASUNAGA Corp..list
are some of the companies covered in Technavio’s Automotive Connecting Rod Market report for 2020-2024.
Automotive Connecting Rod Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automotive Connecting Rod Market.
The APAC will account for the largest Automotive Connecting Rod Market share and during 2020-2024, the region will contribute to 74% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Automotive Connecting Rod Market report also analyzes the market by Passenger cars | Commercial vehicles | APAC | Europe | North America | South America | MEA
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