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Stock impact report

Saudi Arabia Automotive Actuators Market Forecast Report (2024-2032) by Type, Product, Vehicle, and Sales Channel [Yahoo! Finance]

Commercial Vehicle Group, Inc. (CVGI) 
Last commercial vehicle group, inc. earnings: 3/16 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cvgrp.com
Company Research Source: Yahoo! Finance
The Saudi Arabia automotive actuators market size reached approximately USD 215.57 million in 2023. Aided by the increasing adoption of electric and hybrid vehicles, the market is projected to grow at a CAGR of 7.30% between 2024 and 2032, reaching a value of around USD 406.88 million by 2032. The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Saudi Arabia automotive actuators market. The Saudi Arabia automotive actuators market is currently undergoing significant transformations due to advancements in automotive technology and shifting consumer preferences. One of the prominent Saudi Arabia automotive actuators market trends is the increasing adoption of electric and hybrid vehicles, which are equipped with a higher number of electronic components than traditional vehicles. This shift is largely driven by the Saudi government's Vision 2030 i Show less Read more
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