Automotive Tie Rod Assembly Market
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Automotive Tie Rod Assembly Market Size and Growth
The Automotive Tie Rod Assembly market exhibits steady growth due to increasing vehicle production and rising demand for lightweight components. Valued at approximately $XX billion in 2023, the market is projected to expand at a CAGR of XX% through 2030, driven by advancements in technology and growing automotive sector investments.
Companies Covered (Covid 19 Impact Covered)
◍ Federal-Mogul
◍ ZF Friedrichshafen
◍ DiTAS
◍ ACDelco
◍ Mando
◍ SANKEI INDUSTRY
◍ K.D.K. Forging Company
◍ HONSSION AUTO CHASSIS SYSTEM (ZHEJIANG)
◍ FAI Automotive
◍ Mevotech
◍ Rare Parts
◍ Powers & Sons
◍ Patmax Union Corporation
The Automotive Tie Rod Assembly Market features companies like Federal-Mogul, ZF Friedrichshafen, and ACDelco, each providing innovative solutions that enhance vehicle performance and safety. Their focus on quality and technology advances market growth. Sales revenues include:
- Federal-Mogul: $7.8 billion
- ZF Friedrichshafen: $44 billion
- ACDelco: part of General Motors' $127 billion.
◍ Zhejiang Jiayuan Machinery Manufacturing
◍ Taizhou Terrill Auto Parts Manufacturing
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Market Segmentation
By Application
Passenger Cars
LCVs
M&HCVs
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By Product
Steering Tie Rod Assembly
Straight Tie Rod Assembly
Market Growth
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$ X Billion USD
