The global Automotive Shock Absorber Market is poised for substantial growth over the next decade. According to industry analysis by TheIndustryStats, the market, which reached USD 13.8 billion in 2023, is expected to expand to USD 20.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.50% from 2024 to 2032.
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The global Electric Heating Elements (Electric Heater) Market is poised for significant growth over the next decade. According to MarketsGlob, the market size, which reached USD 15.03 billion in 2023, is projected to expand to USD 21.37 billion by 2031, reflecting a compound annual growth rate (CAGR) of 4.50% during the forecast period from 2024 to 2031.
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