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Press Releases from MarketsandMarkets (1405 total)

Integrated Passive Devices Market in Asia Pacific to grow at the highest CAGR du …

In this research report, the integrated passive devices (IPD) market has been segmented on the basis of material, passive devices, application, wireless technology, end use industry, and geography. This market is expected to witness a significant growth during the forecast period. The IPD market is expected to be valued at USD 1,544.9 million by 2023, growing at a CAGR of 8.8% between 2018 and 2023. https://www.marketsandmarkets.com/Market-Reports/integrated-passive-device-market-43468224.html Major factors driving the growth of

Optical 3D motion capture system by system is expected to hold the largest share …

3D motion capture is a technique of digitally recording the movement of object or individual and convert it into actionable data to recreate 3D model. Presently, 3D motion capture has been widely used by film studios, neuroscientists, and biomechanical researchers. Factors such as high quality animation, high real-time data accuracy, and reduction in implementation cost of 3D motion capture systems are driving the growth of the 3D motion capture market.

Millimeter Wave Technology Market worth $5.23 billion by 2025 with a growing CAG …

The millimeter wave technology market has been segmented on the basis of product, frequency band, license type, application, component, and geography. The millimeter wave technology market is expected to grow at a CAGR of 35.2% between 2017 and 2023. https://www.marketsandmarkets.com/Market-Reports/millimeter-wave-technology-market-981.html Product launch and development has been the key strategy adopted by the players to grow and stay competitive in the millimeter wave technology market. This strategy accounted for a share of ~59%

Aerosol Cans Market worth 10.93 billion USD by 2021 | Key Players include Ball C …

According to recent market research "Aerosol Cans Market by Material (Aluminium, Steel, and Plastic), Product Type (Necked-in, Straight wall, and Shaped), Propellant Type (Liquefied Gas, and Compressed Gas), End-use Sector, and Region - Global Forecast to 2021", The aerosol cans market size is projected to grow from USD 8.74 billion in 2015 to reach USD 10.93 billion by 2021, at a CAGR of 3.9%. Browse 136 market data tables and 48

Field-Erected Cooling Tower Market to see strong growth to 2022 | Leading key pl …

According to the new market research report "Field-Erected Cooling Tower Market by Type (Wet, Dry, and Hybrid), Design (Natural, Forced, and Induced), End-User (Power Generation, Petrochemical and Oil & Gas, Iron & Steel and Metallurgy, Paper Mills), and Region - Global Forecasts to 2022", The global field-erected cooling tower market was estimated to be USD 1.78 Billion in 2017 and is expected to grow at a CAGR of 3.78%, during

Attractive Growth Opportunities in the Multifactor Authentication Market

The multifactor authentication market to grow from USD 6.0 billion in 2016 to USD 12.5 billion by 2022, at a compound annual growth rate (CAGR) of 15.52% during the forecast period. The major factors that are expected to be driving the multifactor authentication market are increase in data breaches & cyber-attacks and growing adoption of bring-your-own-device (BYOD) among enterprises. The objective of the report is to define, describe, and forecast

Smart Glass Market For Photochromic Glass, In Terms Of Value And Volume, 2017-20 …

Smart glass market is expected to reach USD 8.35 Billion by 2023 from USD 2.80 Billion in 2016, at a CAGR of 16.61% between 2017 and 2023. Declining prices of electrochromic materials At present, electrochromic materials are offered as both smart electrochromic glasses and electrochromic films. Various reasons make electrochromic materials an ideal material for smart windows. Being an active technology, electrochromic windows can be directly controlled manually or by building automation

Advancement In Multicore Technology For Consumer Electronics Is Attributing To G …

The semiconductor IP market to grow from USD 4.7 billion in 2017 to USD 6.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. The major factors that are expected to be driving the market are advancement in multicore technology for consumer electronics sector and increasing demand for modern SoC designs. The objective of the report is to define, describe, and forecast the

Photoresist & Photoresist Ancillaries Market | Key players operating in the mark …

According to recent market research "Photoresist & Photoresist Ancillaries Market by Application(Semiconductor & IC, LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-Line & I-line), Ancillaries Type(Anti-reflective coating, Remover, Developer),and Region-Global Forecast to 2024", photoresist and photoresist ancillaries market size is estimated to be USD 3.3 billion in 2019 and projected to reach USD 4.5 billion, by 2024, at a CAGR of 6.1%. The growing demand for wearable devices,

The Self-Organizing Network Market for 5G to grow at the highest CAGR from 2018 …

According to the new research report on the "Self-Organizing Network Market by Offering (Software, Service), Network Segment (RAN, Core Network, Backhaul, Wi-Fi), Architecture (C-SON, D-SON, H-SON), Network Technology (2G/3G, 4G/LTE, 5G), and Geography - Global Forecast to 2023", the market is expected to grow from USD 3.64 billion in 2018 to USD 6.39 billion by 2023, at a CAGR of 11.9% between 2018 and 2023. The high demand for

Waterjet Cutting Machine Market worth $1,248.0 million by 2023

According to the new market research report "Waterjet Cutting Machine Market by Product Type (3D, Micro, and Robotic), Application (Glass/Metal Art, Fiberglass Cutting, Foam Product Cutting), Industry (Automotive, Machine Manufacturing, Medical Devices), and Geography - Global Forecast to 2023", the waterjet cutting machine market is expected to reach USD 1,248.0 million by 2023 from USD 921.7 million by 2018, at a CAGR of 6.25% during the forecast period. Factors such

Soil moisture sensor market for sports turf application to grow at highest CAGR …

The soil moisture sensor market for sports turf application is expected to grow at the highest CAGR during the forecast period. As more people are interested in sports for the entertainment purpose, investments for the betterment of playgrounds, turfs, and other related infrastructure have increased drastically; this leads sports turf to be the fastest-growing application of the soil moisture sensors. https://www.marketsandmarkets.com/Market-Reports/soil-moisture-sensor-market-140653896.html Volumetric soil moisture sensors to hold larger share of market during

Protein Ingredients Market to Showcase Continued Growth in the Coming Years

The global protein ingredients market size is projected to grow from USD 49.8 billion in 2019 to USD 70.7 billion by 2025, at a CAGR of 6.0% during the forecast period. The protein ingredients market is driven by factors such as the increasing demand for protein functionalities, awareness about healthy diet & nutritional food, new technological development in the protein ingredients industry, growth in demand for superior personal care and

Grid-Scale Battery Market Is Expected to Grow with a CAGR of 33.52% During the F …

According to the new market research report "Grid-Scale Battery Market by Type (Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based), by Ownership-Model (Third-Party, Utility), by Application (Renewable Integration, Peak Shift, Ancillary Services, Back-Up Power), and Region - Global Forecast to 2023", the grid-scale battery market is expected to grow from USD 1.37 Billion in 2018 to USD 5.82 Billion by 2023, at a CAGR of 33.52% during the forecast period. The growth of

Circuit Breaker Market Size to Reach $8.68 Billion by 2022 with Focusing on Top …

The global circuit breaker market is projected to reach USD 8.68 billion by 2022, from an estimated USD 6.85 billion in 2017, growing at a CAGR of 4.85%, from 2017 to 2022. The market in Asia Pacific was the largest in 2016 and is projected to hold the largest share by 2022, followed by the markets in North America and Europe. The growth of the circuit breaker market is driven

Slip Additives Market worth $284 million by 2024 | Key Players include Fine Orga …

According to recent market research "Slip Additives Market by Type (Fatty Amides (Erucamide, Oleamide, Stearamide), Waxes & Polysiloxanes), Carrier Resin (LDPE, LLDPE, HDPE, PP), Application (Packaging, and Non-Packaging), and Region - Global Forecast to 2024", The slip additives market is projected to reach USD 284 million by 2024, at a CAGR of 5.0%, from USD 223 million in 2019. Browse 104 market data Tables and 39 Figures spread through 139 Pages

Europe held the largest share of the AGV software market

The growth of AGV software market is fueled by the rising demand for automation across different industries, globalization of supply chain networks, and increasing adoption of on-cloud warehouse management system (WMS) solutions. The market is expected to grow from USD 540.2 million in 2018 to USD 1,046.4 million by 2023, at a CAGR of 14.14% from 2018 to 2023. https://www.marketsandmarkets.com/Market-Reports/agv-software-market-46943631.html KION Group (Germany), KUKA (Germany), Toyota Industries (Japan), JBT Corporation (US), Oceaneering

APAC to hold largest market share of inductor market between 2020 and 2025

The growth of the inductor market in APAC is driven mainly by the growth of the consumer electronics market in the region. APAC is witnessing dynamic changes in terms of the adoption of new technologies across various industries. As APAC has low labor costs, most of the inductors are manufactured in APAC and are exported to various regions. There is an extensive rise in the demand for power, which is

Automated Material Handling Equipment Market by Product Robots, ASRS, Conveyor a …

The automated material handling (AMH) equipment market is estimated to be valued at USD 33.46 billion in 2018 and is expected to reach USD 53.59 billion by 2024, at a CAGR of 8.2% during 2018-2024. AMH involves managing material processing with the use of automated systems, such as robots, automated storage and retrieval systems (ASRS), conveyors and sortation systems, cranes, and automated guided vehicles (AGV). The AMH equipment is used

Automotive Cyber Security Market: Ongoing Trends & Developments

The automotive cyber security market is projected to grow at a CAGR of 23.16% during the forecast period, to reach USD 5.77 billion by 2025 from an estimated USD 1.34 billion in 2018. The major growth drivers for the market are the growing number of connected cars and electronic content per vehicle and reinforcement of mandates by regulatory bodies for vehicle data protection. The increasing number of cloud-based applications in

Global Hydrogen Generation Market to Grow 8.0% Annually Through 2023 | Leading k …

According to the new market research report "Hydrogen Generation Market by Generation, Application (Petroleum Refinery, Ammonia Production, Methanol Production, Transportation, Power Generation), Technology (Steam Reforming, Water Electrolysis, & Others), Storage, and Region - Global Forecast to 2023", The global hydrogen generation market is projected to reach USD 199.1 billion by 2023 from an estimated USD 135.5 billion in 2018, at a CAGR of 8.0%. The growth of the hydrogen generation

Concrete Repair Mortars Market | Key players operating in the market include Sik …

According to recent market research "Concrete Repair Mortars Market by Type (PMC and Epoxy Based), Application Method (Hand/Trawling, Spraying, Pouring), End-use Industry (Buildings & Carparks, Road Infrastructure, Utility, Marine), Grade (Structural and Non Structural) - Global Forecast to 2024", The concrete repair mortars market size is estimated to be USD 2.1 billion in 2019 and projected to reach USD 2.8 billion, by 2024, at a CAGR of 6.1%. The use of

Rising adoption in proximity sensing and medical applications to drive growth of …

The introduction of new features, such as a variety of package form factors, a wider range of wavelength availability, and the demonstration of arrays of VCSELs on a single chip, in VCSELs has created an important impact on medical diagnostic applications. Some VCSEL-based applications in the healthcare sector are neurostimulation and optical coherence tomography (OCT). Neurostimulator is a small device that carries electrical signals near the spine of a human

Emission Monitoring Systems Market for the Chemicals, Petrochemicals, Refineries …

The emission monitoring systems market size to grow from USD 2.4 billion in 2018 to USD 4.4 billion by 2025 at a CAGR of 9.3%. The key factors driving the growth of the market include stringent legal and environmental regulations, increasing awareness about environmental protection needs, increasing health and safety issues, and growing use of oil & gas and petrochemicals. However, high cost of CEMS for regular maintenance and

Increasing Demand for 3D Printers in the Global Market

3D scanner market is expected to grow from USD 3.41 billion in 2016 to USD 5.90 billion by 2023, at a CAGR of 7.8% during the forecast period. Rapid technological developments, increasing application of 3D scanners in newer market segments, and rising adoption of 3D scanners to enhance product quality and reduce manufacturing time are some of the significant factors driving the growth of the 3D scanner market. Software &

Variable Frequency Drive Market to See Strong Expansion Through 2023 | key playe …

According to the new market research report "Variable Frequency Drive (VFD) Market by Type (AC, DC, and Servo), End-Users (Industrial, Infrastructure, Oil & Gas, and Power Generation), Application (Pumps, Fans, Compressors, and Conveyors), Power Range, Voltage, and Region - Global Forecast to 2023 ", The global VFD market is projected to reach a market size of USD 27.57 billion by 2023, at a CAGR of 5.87%. The market in Asia

Propylene Glycol Market worth $4.7 billion by 2024 | Key Players include The Dow …

According to recent market research "Propylene Glycol Market by Source (Petroleum-based, Bio-based), Grade (Industrial, Pharmaceutical), End-use Industry (Transportation, Building & Construction, Food & Beverage, Pharmaceuticals, Cosmetics & Personal Care), Region - Global Forecast to 2024", is projected to reach USD 4.7 billion by 2024, at a CAGR of 4.4% from USD 3.8 billion in 2019. The eco-friendly production process of bio-based propylene glycol has led to the growth of the

3D Printing Metals Market | Key players operating in the market include 3D Syste …

According to recent market research "3D Printing Metals Market by Form (Powder, Filament), Technology (PBF, DED, Binder Jetting, Metal Extrusion), Metal Type (Titanium, Nickel, Stainless Steel, Aluminum), End-Use Industry (A&D, Automotive, Medical & Dental), Region - Global Forecast to 2024", The 3D printing metals market is projected to grow from USD 774 million in 2019 and is projected to reach USD 3,159 million by 2024, at a CAGR of 32.5%

Automotive Fuel Cell Market Analysis with Ongoing Trends & Market Revenue

According to the new market research report "Automotive Fuel Cell Market by Component (Fuel Processor, Fuel Stack, Power Conditioner, Air Compressor, Humidifier), Power Output (250kW), H2 Fuel Station, Vehicle Type (PC, LCV, Truck, Bus), and Region - Global Forecast 2028", published by MarketsandMarkets(TM), is estimated to be USD 13.6 thousand units in 2020 and projected to reach 932.6 thousand units by 2028, at a CAGR of 69.7%. The market is

Trend of Thin-Film Encapsulation Using Inkjet Printing Technology

The thin-film encapsulation (TFE) market for materials was valued at USD 13.1 Million in 2017 and is expected to reach USD 101.1 Million by 2023, at a CAGR of 26.1% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. https://www.marketsandmarkets.com/Market-Reports/thin-film-encapsulation-tfe-market-255749417.html The major factors driving the growth of the market are the rapid adoption of flexible OLED displays for smartphones

Increasing Construction Activities Boost the Demand for Underfloor Heating

The Underfloor heating market was valued at USD 2.53 Billion in 2016 and is expected to reach USD 4.23 Billion by 2023, at a CAGR of 7.5% during the forecast period. https://www.marketsandmarkets.com/Market-Reports/underfloor-heating-market-167464533.html This underfloor heating market is segmented on the basis of component, installation, type, application, and geography. Among all applications, the residential application is expected to grow at the highest CAGR during the forecast period. The development of real estate and

Panoramic Thermal Imaging System Enables Tracking in Wide Area Spurs Growth of M …

The global thermal imaging market is estimated to grow from USD 3.4 billion in 2020 to USD 4.6 billion by 2025; at a CAGR of 6.2%. The key factors fueling the growth of this market are the growing R&D investments by companies, governments, and capital firms to develop innovative thermal imaging solutions and increasing the adoption of thermal imaging in the automotive industry. https://www.marketsandmarkets.com/Market-Reports/thermal-imaging-market-1300.html Uncooled technology segment accounted for larger share of

Epoxy Adhesives Market worth $9.6 billion by 2024 | Key Players include Henkel A …

According to recent market research "Epoxy Adhesives Market by Type (One-Component, Two-Component, And Others), End-Use Industry (Building & Construction, Transportation, Automotive, Wind Energy, Marine, Electrical & Electronics, And Others), and Region - Global Forecast to 2024", The global epoxy adhesives market size is projected to grow from USD 7.2 billion in 2019 to USD 9.6 billion by 2024, at a CAGR of 6.0%. Increasing urbanization and growing usage of composites,

Global Power-to-gas Market to Grow 10.1% Annually Through 2024 | Leading key pla …

According to the new market research report "Power-to-gas Market by technology (Electrolysis and Methanation), Capacity (Less than 100 kW, 100-999kW, 1000 kW and Above), End-User (Commercial, Utilities, and Industrial), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2024" The global power-to-gas market is projected to reach USD 42 million by 2024 from an estimated USD 26 million in 2019, at a CAGR of 10.1% during the forecast

Vacuum Evaporators Market | Key players operating in the market include Veolia W …

According to recent market research "Vacuum Evaporators Market by Type Of Technology (Heat Pump, Mvr, Thermal), Application (Wastewater Treatment, Product Processing), End-Use Industry (Chemical & Petrochemical, Automotive, Food & Beverage, Energy & Power), Geography - Global Forecast to 2024", The vacuum evaporators market is projected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a CAGR of 6.9% from 2019 to 2024. Implementation of

Smart Learning Market projected to reach USD 56.5 billion by 2024 | Key Players …

According to recent research "Smart Learning Market by Component (Hardware, Software (Integrated Solution and Standalone Solution), and Services), Learning Type (Synchronous Learning and Asynchronous Learning), End User (Academic and Enterprise), and Region - Global Forecast to 2024", published by MarketsandMarkets, the smart learning market size is projected to grow from USD 23.2 billion in 2019 to USD 56.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.5%

Video on Demand (VoD) Market Ongoing Trends and Recent Developments | Key Player …

According to recent research "Video on Demand (VoD) Market by Solution (Pay TV, OTT Services, and IPTV), Monetization Model (Subscription-based, and Advertising-based), Industry Vertical (Media, Entertainment, and Gaming and Education), and Region - Global Forecast to 2024", published by MarketsandMarkets, video on demand (VoD) market is expected to grow from USD 38.9 billion in 2019 to USD 87.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 17.5%

Oilfield Equipment Rental Market Poised to Touch $20.55 Billion by 2022 | Leadin …

According to the new market research report "Oilfield Equipment Rental Market by Equipment (Drilling Equipment (Drill Pipe, Drill Collars, Hevi-Wate, and Subs), Pressure & Flow Control Equipment, and Fishing Equipment), Application (Onshore and Offshore), and Region - Global Forecasts to 2022", the global oilfield equipment rental market is projected to grow at a CAGR of 3.87% by value from 2017 to 2022. North America is estimated to be the largest

Exhaust System Market Size, Share, Growth, Trends and Forecast by 2025

The exhaust system market is estimated to be USD 84.8 billion in 2018 and is projected to reach USD 128.2 billion by 2025, at a CAGR of 6.08%. Increasing vehicle production, continuous upgrades in emission regulation, upcoming emission-related regulatory compliances in developing countries, and technological partnerships between OEMs and Tier I players are projected to drive the exhaust system market. View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-exhaust-system-market-87800437.html Key players in the exhaust system market

Decorative Coatings Market worth $ 82.4 billion by 2024 | Key Players include Th …

According to recent market research "Decorative Coatings Market by Resin Type (Acrylic, Alkyd), Technology (Waterborne, Solventborne, Powder), User Type (DIY, Professional), Coating Type (Interior, Exterior), Application (Residential, Non-Residential), and Region - Global Forecast to 2024", is projected to grow from USD 67.0 billion in 2019 to USD 82.4 billion by 2024, at a CAGR of 4.2%. The increasing demand from the construction industry, rising per capita consumption in APAC, and

Medium Voltage Cable & Accessories Market to See Strong Expansion Through 2022 | …

According to the new market research report "Medium Voltage Cables & Accessories Market by Installation (Overhead, Underground, Submarine), Products (MI, XLPE Cables, Terminations, Joints), Voltage (1-5, 6-13, 23, 34, 45, 69kV), End-User (Industrial, Infrastructure, Renewables) - Forecast to 2022", the medium voltage cables and accessories market is expected to grow at a CAGR of 6.27%, from 2017 to 2022, to reach a market size of USD 56.18 billion by 2022.

Key Emerging Trends in Lithium Ion Battery

The overall lithium ion battery market size is expected to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2% during the forecast period. Will declining prices of lithium ion batteries lead to opportunities for increased adoption in new applications? The price of lithium-ion batteries has been a major hurdle since their introduction in the 1990s. A state-of-the-art lithium-ion battery consists of many components

LiDAR Market and its Key Opportunities and Challenges

The LiDAR market was valued at USD 677.5 Million in 2017 and is estimated to reach USD 1,809.5 Million by 2023, at a CAGR of 17.2% as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/lidar-market-1261.html Why increasing number of new applications demanding LiDAR technology could provide more opportunities? In various types of geospatial applications, such as infrastructure inspection, mobile mapping, and area inspection, it is necessary to capture the accurate form of data

Key Opportunities and Challenges for Large Format Printer Market

The large format printer market is projected to grow from USD 8.4 billion in 2017 to USD 10.6 billion by 2023, at a CAGR of 4.0% from 2017 to 2023. Why the use of large format printers in home furnishing & decorating as well as vehicle wrapping applications acts as an opportunity for the market? Large format printers play a vital role in the decor market. The major benefits offered by these

Europe Biodegradable Polymers Market | Key players operating in the market inclu …

According to recent market research "Europe Biodegradable Polymers Market for Extrusion Coating, By Type (PLA, Starch, PBS, PHA), Substrate (Paper & Paperboard, Cellulose Films), Application (Rigid Packaging, Flexible Packaging, Liquid Packaging) Country - Forecast to 2024", is expected to grow from USD 403 million in 2019 to USD 829 million by 2024, at a CAGR of 15.5% during the forecast period. The major factors driving the market include high demand

HVDC Converter Station Market Poised to Touch $11.57 Billion by 2022 | Leading k …

The report "HVDC Converter Station Market by Configuration (Monopolar, Bi-Polar, Back-to-Back, Multi-Terminal), Technology (LCC, VSC), Component (Valve, Converter Transformer, Harmonic Filter, Reactor), Power Rating, and Region - Global Forecast to 2022", The HVDC converter station market is expected to grow from an estimated value of USD 7.90 Billion in 2017 to USD 11.57 Billion by 2022, registering a CAGR of 7.92%, from 2017 to 2022. The major factors driving the

Home Automation System Market and its Key Opportunities and Challenges

The global Home Automation System Market was valued at USD 39.93 Billion in 2016 and is expected to grow at a CAGR of 11.3% between 2017 and 2022, as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/home-automation-control-systems-market-469.html How lighting controllers to incorporate in-built data connectivity technology offers an opportunity? The lighting control market has seen considerable growth over the past few years. This market includes a considerable number of products such as dimmers, timers,

Key Opportunities and Challenges in Artificial Intelligence in Healthcare Market

The report "Artificial Intelligence in Healthcare Market by Offering (Hardware, Software, Services), Technology (Machine Learning, NLP, Context-Aware Computing, Computer Vision), End-Use Application, End User, and Geography - Global Forecast to 2025" highlights the vast potential of artificial intelligence in the healthcare market. The global AI in healthcare market size which was valued at USD 2.1 billion in 2018 is expected to reach USD 36.1 billion by 2025, at a CAGR

CNC Controller Market and its Key Opportunities and Challenges

CNC Controller Market by Hardware (CNC Machine and CNC Controller), Machine Type (CNC Machining Center and CNC Turning Center), Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multiaxis), Industry, and Geography - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/cnc-controller-market-133889642%20.html The global CNC controller market size was valued at USD 2.9 billion in 2016 and is expected to reach the level of USD 3.7 billion by 2017 with a CAGR of 3.8%. An increase in

Automotive Brake System Market - Global Trends & Forecast to 2021

The Brake System Market is projected to be USD 39.9 Billion in 2021 from USD 22.8 Billion in 2016 and is projected to grow at a CAGR of 6.94% during the forecast period. The market for brake systems is primarily driven by the increase in vehicle production because of growing demand. Additionally, the market is also influenced by government regulations reducing the stopping distance and environmental regulations surrounding brake

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