Motor Vehicle Parts Manufacturing- A Growing Segment In The TransportationPosted by sainath on October 1st, 2018 The transportation manufacturing industry is one of the key segments of the global manufacturing industry. This industry manufactures vehicles which are used for transporting goods and people. Production of various vehicle components is also included in this industry. Read report: The global transportation manufacturing market has shown high growth in the past years. The year 2017 recorded highest ever growth in this market with a net value of about USD 8 trillion as per TBRC’s inhouse consultants. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims. The report also shows the transportation manufacturing market to grow at a lower CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate. Sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=339&type=smp Motor vehicle parts manufacturing had the highest CAGR of around 9% during 2013-2017. This was due to increased demand for passenger cars and other commercial vehicles. Increasing demand for hybrid and electric cars is expected to boost this industry, as there is a shift in the industry towards more fuel efficient vehicles. Companies included in the report are Toyota Motor, Volkswagen Group, General Motors, Daimler AG, and Ford Motor. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |