[ad_1]
DUBLIN, July 13, 2023 /PRNewswire/ — The “Commercial Vehicle Transfer Case: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Commercial Vehicle Transfer Case estimated at 11 Million Units in the year 2022, is projected to reach a revised size of 14.3 Million Units by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030.
LCV, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach 10.2 Million Units by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the M&HCV segment is readjusted to a revised 2.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at 5.3 Million Units, While China is Forecast to Grow at 4.7% CAGR
The Commercial Vehicle Transfer Case market in the U.S. is estimated at 5.3 Million Units in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of 2.5 Million Units by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
Select Competitors (Total 32 Featured) –
- BorgWarner Inc.
- Cardone Industries, Inc.
- Dana Limited
- Dorman Products
- GKN Automotive Limited
- Hyundai Transys Lear Automotive India Private Limited
- Magna International Inc.
- Meritor, Inc.
- Powertrain Industries
- Schaeffler Technologies AG & Co. KG
- Univance Corporation
- ZF Friedrichshafen AG
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- How the…
[ad_2]
