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At A CAGR Of 5.79%, Military Actuators Market Size Is Expected To Grow From USD 1.1 Billion In 2019 To USD 1.4 Billion By 2024

(MENAFN - Comserve) Shibuya-ku, Tokyo, Japan, Japan, Feb 19, 2021, 08:20 /Comserve / The military actuators market comprises major solution providers, such as Curtiss-Wright (US), Moog (US), Parker Hannifin (US), Honeywell (US), Triumph Group (US), Meggitt (UK), Venture Mfg. Co (US), Kyntronics (US), and Nook Industries (US).
Ongoing military automation across the globe is expected to drive the military actuators market growth. The military actuators market size is expected to grow from USD 1.1 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 5.79% during the forecast period. Military automation is the latest trend in the global defense industry. Most countries across the globe have started adopting military automation to enhance their combat capabilities. This has led to an increased demand for military actuators, worldwide. The development of new and advanced electrical actuators with improved permanent magnet materials has led to their increased robustness and ....

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Automotive Wheels Aftermarket Global Forecast to 2025 by Aftermarket, Vehicle (PC, CV), Coating, Material, Rim Size, Major Manufacturers | RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US)

(MENAFN - Comserve) Shibuya-ku, Tokyo, Japan, Japan, Feb 12, 2021, 10:40 /Comserve / The automotive wheels aftermarket comprises major manufacturers such as RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Carlstar (US), and Maxion Wheels (US).
Strict government regulation regarding fuel efficiency and carbon emissions and increase in sales of passenger cars and commercial vehicles have driven the automotive wheels aftermarket globally. The global automotive wheels aftermarket market is estimated to grow from USD 3.5 billion in 2018 at a CAGR of 3.53% to reach USD 4.5 billion by 2025. Increased demand for lightweight materials will boost the automotive wheels aftermarket. However, maintaining a balance between performance, cost, and weight creates a hurdle for the growth of the automotive wheels aftermarket. ....

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