The Motor Vehicle Electrical and Electronic Equipment Global Market Report 2023, provides comprehensive information on the motor vehicle electrical and electronic equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Motor Vehicle Electrical and Electronic Equipment Market’s Growth:
As per The Business Research Company’s Motor Vehicle Electrical and Electronic Equipment Global Market Report 2023, the global motor vehicle electrical and electronic equipment market size will grow from $171.37 billion in 2022 to $190.32 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global motor vehicle electrical and electronic equipment is expected to grow to $284.26 billion in 2027 at a CAGR of 10.5%.
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The motor vehicle electrical and electronic equipment market is segmented:
1) By Product Type: Lighting Equipment, Automatic Voltage And Voltage-Current Regulators, Insulated Ignition Wiring Sets, Generators For Internal Combustion Engines, Spark Plugs For Internal Combustion, Other Product Types
2) By Vehicle Type: Two-Wheelers, Passenger Cars, Commercial Vehicles
3) By Vehicle Class: Mid-Priced, Luxury
Asia-Pacific was the largest region in the motor vehicle electrical and electronic equipment market in 2022.
The table of contents in TBRC’s motor vehicle electrical and electronic equipment market report includes:
- Executive Summary
- Motor Vehicle Electrical and Electronic Equipment Market Characteristics
- Motor Vehicle Electrical and Electronic Equipment Market Trends And Strategies
- Motor Vehicle Electrical and Electronic Equipment Market – Macro Economic Scenario
- Motor Vehicle Electrical and Electronic Equipment Market Size And Growth
- Motor Vehicle Electrical and Electronic Equipment Market Segmentation
- Motor Vehicle Electrical and Electronic Equipment Market Regional And Country Analysis
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- Motor Vehicle Electrical and Electronic Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Motor Vehicle Electrical and Electronic Equipment Market
- Motor Vehicle Electrical and Electronic Equipment Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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