Commercial Vehicles Lead the Charge in Air Spring Components Demand
The global air spring components market was valued at approximately US$ 1.1 billion in 2023 and is projected to reach about US$ 2.06 billion by 2033. This growth translates to an estimated compound annual growth rate (CAGR) of 6.5% throughout the forecast period from 2023 to 2033. The air spring component market plays a crucial role in various industries, particularly in automotive...
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