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The global electric vehicle (EV) market is estimated to grow at a CAGR of more than 23% during the forecast period 2021-2027
Aftermarket Tire Market is anticipated to register a growth at a compounded annual growth rate of more than 2% during the forecast period 2021-2027.
The automotive TIC services market is currently valued to be around US$ 17.2 billion industry and is expected to grow at an approx. CAGR of 4.8% in the forecast period 2021-2027.
The India bearings market is expected to grow substantially during the forecasted period owing to its high demand from the automotive sector. In 2019, the automotive bearing market alone valued for US$ 953.4 Million.
