The Air Brake System Market, starting at USD 5.59 billion in 2023, is projected to achieve USD 7.53 billion by 2031, registering a CAGR of 3.8% during the forecast period from 2024 to 2031. Key growth catalysts include the rising global demand for commercial vehicles, stringent safety regulations mandating advanced braking systems, and continuous advancements in brake technology aimed at...
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