According to the UnivDatos analysis, the increasing demand for high-performance vehicles, which require durable and precise components for enhanced vehicle safety and performance, is the major factor driving the growth of the Automotive Wheel Spindle market worldwide. As per their “Automotive Wheel Spindle Market” report, the global market was valued at USD 135.84 billion in 2023,...

As per their “Automotive Wheel Spindle Market” report, the global market was valued at USD 135.84 billion in 2023, growing at a CAGR of about 4.8% during the forecast period from 2024 - 2032 to reach USD billion by 2032.  An automotive wheel spindle is a tool that comprises the link between the wheel hub and the suspension system through which the wheel rotates. This plays the...

The Automotive Wheel Spindle Market was valued at approximately USD 135.84 billion in 2023 and is expected to grow at a substantial CAGR of around 4.8% during the forecast period 2024-2032 Rising Vehicle Production: With growing sales of vehicles and a growing vehicle production rate, the demand for automotive components such as wheel spindles is also increasing, leading to the growth of its...