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The Worldwide Crash Barrier Systems Industry is Expected to Reach $9 Billion by 2026 at a CAGR of 3.3% from 2021

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The global Crash barrier systems market is estimated to be USD 7.6 billion in 2021 and is projected to reach USD 9.0 billion by 2026, at a CAGR of 3.3% from 2021 to 2026.
The growth is due to the growing construction and automotive industries throughout the world. Crash barrier systems finds applications in various roadside barrier, median barrier, bridge barrier, work zone barrier and others. The roadside barrier segment led the Crash barrier systems market in 2020, accounting for a share of 54.3%, in terms of value.
Flexible Barrier is expected to be the fastest growing technology in the Crash barrier systems market during the forecast period. ....

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The Worldwide Crash Barrier Systems Industry is Expected to Reach $9 Billion by 2026 at a CAGR of 3.3% from 2021

The Worldwide Crash Barrier Systems Industry is Expected to Reach $9 Billion by 2026 at a CAGR of 3.3% from 2021
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Global Automotive Steering System Market (2020 to 2025) - Adoption of Steer-By-Wire Technology Presents Opportunities

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The automotive steering system market is projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a CAGR of 4.7% from 2020 to 2025.
With progression in time, the COVID-19 impact has severely disrupted the supply chain for the entire automotive ecosystem. This has halted production facilities across the globe resulting in disruption in the exports of the automotive components. This scenario is expected to affect the automotive steering system market, as the growth of the market is directly related to the production of the vehicles. The global production of vehicles pre-COVID-19 was expected to reach from 90-95 million units in 2020 to 110-115 million units by 2025. According to OICA, though global vehicle production declined by 5.2% between 2018-2019, the production outlook was supposed to showcase significant growth from 2021-2022 owing to multiple steps taken by OEMs, as ....

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The Worldwide CNG & LPG Vehicle Industry is Expected to Grow at a CAGR of 15.5% Between 2021 and 2026

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The global electric vehicle charging station market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,135 thousand units in 2021, at a CAGR of 15.5%.
Governments are supporting CNG and LPG vehicles through subsidies & tax rebates for using low emission vehicles and working in collaboration with such OEM s to speed up growth of their countries.
Increased demand for efficient and low emission vehicles along with government support will boost the CNG and LPG vehicle market. Consumers from developing countries are already feeling the heat of the increasing cost of petrol. CNG and LPG vehicles use can reduce the operating cost of these vehicles. To make the CNG and LPG vehicle market grow, a continued support from the government will be needed along with the growing numbers of bi-fuel and dual fuel vehicle users and reduced initial cost of adding CNG and LPG opt ....

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The Worldwide Event Management Software Industry is Expected to Reach $6.4 Billion by 2026 at a CAGR of 10% from 2020

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The global event management software market size is expected to grow from USD 3.6 billion in 2020 to USD 6.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period.
COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across sectors, it has offered several opportunities to event management software vendors to expand their business across enterprises as the adoption of cloud has increased in lockdown caused due to COVID-19. Amidst lockdown, many companies are reducing their IT spending in 2020. ....

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