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(USGovernment-News.Com, January 08, 2019 ) The Business Research Company’s global transportation manufacturing market, covers the year-on-year growth of the global transportation manufacturing historic and forecast growth. It also includes chapters on the chemical’s trends, geographical analysis, and competitive landscape.
The global transportation manufacturing market is forecast to grow at a CAGR (compound annual growth rate) of around 6.5 % to 2022.
Transportation Manufacturing Market Trends
3D printing for aircraft parts, block chain to shape aircraft manufacturing and growing focus on light weight vehicle components are improving construction safety are the major trends witnessed in the global transportation manufacturing market.
With increase in positive economic outlook, improved earning capacity, emerging markets growth, the scope and potential for the global transportation manufacturing market is expected to significantly rise in the forecast period.
The global transportation manufacturing is primarily driven by increase in new vehicle sales in rapidly developing countries such as China and India owing to rise in disposable income, increased demand for hybrid electric vehicles, availability of credit and low fuel prices.
The global transportation manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With the positive economic outlook, increasing demand for transportation services owing to rapid urbanization, policy makers’ green energy funding initiative, advancements in technology and increasing consumer demand for fuel efficient vehicles the global transportation manufacturing is expected to increase in potential and scope. TBRC’s report also covers the global transportation manufacturing market report drivers and restraints in the market.
The global transportation manufacturing market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global transportation manufacturing report are Toyota Motor, Volkswagen Group, General Motors, Daimler AG, Ford Motor
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