According to Future Market Insights, the global Automotive Intermediate Shaft market reached USD 6,016.9 million in 2018. In 2022, the market saw a 2.5% year-on-year growth, with sales expanding to USD 6,450 million in 2023. Looking ahead, the market is projected to grow at a compound annual growth rate (CAGR) of 2.8% from 2023 to …
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Automotive Intermediate Shaft Market Projected to Hit USD 8,501.4 Million by 2033 with Steady 2.8% CAGR
In 2023, the Automotive Intermediate Shaft Market is expected to be worth USD 6450.0 Million. The market is expected to reach USD 8,501.4 Million by 2033, expanding at an 2.8% CAGR throughout the forecast period. The Automotive Intermediate shaft Market is driven by several factors, such as increasing automotive production, technological advancement and growing focus …