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Tag: Automotive Air Brake System Market

Air Brake System – Global Market & Forecast

Press Release
The Air Brake System Market is projected to grow from $4.5 billion in 2018 to $5.6 billion by 2025, at a CAGR of 3.31% during the forecast period. Growth Drivers: Increase in Sales & Production of Commercial Vehicles and Off-Highway Trucks 1.1 Increasing Population Around the Globe 1.2 Increased Urbanization 1.3 Increased Industrialization 1.4 Increased Infrastructural Spending Increased Railways and High-Speed Trains Fail-Safe Nature of Air Brakes Over Hydraulic Brakes. Read More>>

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