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Automotive Kingpin Market to Reach US$7.27 Billion by 2034, Growing at a CAGR of 4.4% | Fact.MR Report

Constantly Growing Vehicle Production Leads to Lucrative Opportunities for Manufacturers and Suppliers of Automotive Kingpins.

Rockville, MD, Sept. 18, 2024 (GLOBE NEWSWIRE) — The global  size is set to accelerate to a value of US$ 24.98 billion by-end 2034, up from US$ 3.08 billion in 2024, expanding at a CAGR of 23.3% from 2024 to 2034.

The global automotive active grille shutter market is pegged at US$ 5,180.2 million in 2024. The global market is forecast to increase at a 7.7% CAGR and reach a market value of US$ 10,876.9 million by the end of 2034.

The global automotive active health monitoring systems market is expected to surge ahead at CAGR of 30.2%, rising from its current market value of US$ 500 million to US$ 7 billion by the end of 2033.

The global automotive actuator market is estimated to reach US$ 22.45 billion in 2024. The market has been analyzed to climb to a value of US$ 42.53 billion by the end of 2034, expanding at a CAGR of 6.6% over the next ten years.

The global automotive additives market is estimated at USD 8.2 Billion in 2022 and is forecast to reach USD 13.2 Billion by 2032, growing at a CAGR of 4.9% during 2022-2032.

The global automotive adhesives and sealants market size is evaluated at US$ 8.11 billion in 2024. According to projections by Fact.MR in its latest market study, worldwide sales of automotive adhesives and sealants are forecasted to increase at a CAGR of 5.7% to reach US$ 14.12 billion by 2034

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