The transportation manufacturing industry is one of the key
segments of the global manufacturing industry. This industry manufactures
vehicles which are used for transporting goods and people. Production of
various vehicle components is also included in this industry.
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The global transportation manufacturing market has shown high
growth in the past years. The year 2017 recorded highest ever growth in this
market with a net value of about $8 trillion as per TBRC’s inhouse consultants.
TBRC’s latest report show the historic and future trends in
the market for each year with sourced reasons to support the growth claims.
The report also shows the transportation manufacturing
market to grow at a lower CAGR by 2021 as compared to 2017, along with
geographies best suited for investments with highest return rate.
Sample report:
Motor vehicle parts manufacturing had the highest CAGR of around
9% during 2013-2017. This was due to increased demand for passenger cars and
other commercial vehicles. Increasing demand for hybrid and electric cars is
expected to boost this industry, as there is a shift in the industry towards
more fuel efficient vehicles.
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Companies included in the report are Toyota Motor, Volkswagen
Group, General Motors, Daimler AG, and Ford Motor.
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