The global Brake System Industry estimated $41.62 billion in 2019, and is expected to hit $61.20 billion by 2027, witnessing a CAGR of 7.0% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top investment pockets, major winning strategies, key segments, and competitive scenarios. Growth in production & sales of commercial vehicles …
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Air Brake System Market is Expected to Reach $6.6 Billion by 2026
According to a recent report published by Allied Market Research, titled, “Air Brake System Market by Type, Component, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2018–2026,” the global air brake system market size was valued at $4.8 billion in 2018, and is projected to reach $6.6 billion by 2026, registering a CAGR of 3.57% from …
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