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Search results for: 'PFI1'
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30 Sep 2024 | Global | Market Research
Electric Components Market in Off-highway Vehicles, Global, 2024 2035
Electrification Trends and Regulatory Frameworks in the Industry will Drive Transformational, Long-term Growth by 2035
The electric components industry within the off-highway segment has grown significantly in recent years, with a global market size of $7.05 billion in 2023. Frost & Sullivan projects a 12.8% compound annual growth rate (CAGR), reaching $30.04 billion in revenue in 2035. Factors driving the industry growth include BEV market growth (electric/hybrid)...
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