Aluminum for Automobile Body, Global Market Size Forecast, Top 9 Players Rank and Market Share (Internet Services - Other Internet Services)
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Aluminum for Automobile Body, Global Market Size Forecast, Top 9 Players Rank and Market Share | |
According to the new market research report “Global Aluminum for Automobile Body Market Report 2023-2029”, published by QYResearch, the global Aluminum for Automobile Body market size is projected to reach USD 55.86 billion by 2029, at a CAGR of 2.5% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Aluminum for Automobile Body include Nemak, Ryobi, etc. In 2022, the global top three players had a share approximately 14.0% in terms of revenue. Market Drivers: Aluminium remains “the fastest growing automotive material over competing materials and is entering its most unprecedented growth phase since we’ve been tracking the shifting mix of automotive materials,” the latest survey of automakers by Ducker Additional prospects for even higher aluminium demand comes from electric vehicles revolution, entering the market sooner and faster than anyone could expect. In the electric vehicle (EV) market, the biggest factor that drives consumer preference, aside of high but falling costs, is driving range. To achieve a high range for a given battery size and weight, weight reduction of EV is needed. And again, the preferred material in EV lightening is aluminium. Restraint: 1.Under fierce market competition, small startups face enormous operational pressure, and with the increase of market participants, price wars become increasingly fierce. 2.The global economy is facing significant downward pressure, with the slowdown in economic growth in major economies, high inflation, and multiple rounds of interest rate hikes by the Federal Reserve weakening the willingness of enterprises to invest. 3.Global geopolitical conflicts continue, trade frictions intensify, regional economic uncertainty intensifies, and exchange rate fluctuations are significant, increasing business risks for enterprises. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Mar 28, 2024 10:39 PM Number of Views: 62 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-12-22 (1.676 sec)