Automotive Spacer Ring Industry Projected to Reach USD 2,451.9 Million by 2034, Growing at a 15.8% CAGR
The global automotive spacer ring industry is expected to reach USD 565.5 million by 2024, with a projected Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period, eventually attaining a value of USD 2,451.9 million by 2034. Automotive spacer rings are highly valued for creating a gap between the wheel hub and the rim, ensuring proper alignment and spacing between...
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