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Showing posts with the label Automotive Intake Manifold Market

Automotive Intake Manifold Market to Grow Due to Rsie in Automobile industry

According to Transparency Market Research (TMR) the global automotive intake manifold market seems to be fragmented to a great extent, because of the emergence of a few players. Be that as it may, the main players in the global market are Mann+Hummel Group, MAHLE GmbH, Röchling Group, Magneti Marelli S.p.A., and Aisin Seiki Co., Ltd. Rise in research activities and product development are foreseen to be the key factors in guaranteeing predominance of these organizations. Key coordinated efforts are additionally anticipated to enable these organizations to secure greater share in the entire market during the forecast period. As indicated in a recent research report, the global automotive intake manifold market is estimated to be worth US$58.7 bn by 2024 from US$42.7 bn, back in 2015. The market is prognosticated to advance at a steady CAGR of 3.6% within the forecast period from 2016 to 2024. Based on materials utilized for making automotive intake manifolds the market is divi...