Research Report

 The Libya passenger market is projected to expand at a volume CAGR of 6.1% over the forecast period of 2021-2031 to reach sales of more than 5.5 Mn units by 2031. The fleet on roads is dominated by used cars that are imported from S. Korea, Europe, China, and the U.S., among many more countries. In the last fifty years, Libya's urban population has grown at a rapid pace. Every year, growing number of individuals relocate to major cities where better services and infrastructure are accessible. Majority of the urban population lives along the coast, which is home to the country's largest cities, including the capital Tripoli. World Bank indices put the rate of urbanization at 78.75% in 2016. According to the same report, urban population growth rate was 1.18%. Although Libya's transportation system includes a limited number of modes such as airplanes, waterborne craft, and land-based vehicles such as automobiles and trucks, local trips for moving passengers an

 The  global automotive kingpin market  is anticipated to witness a growth rate of 4.4% over the decade. The market is being indirectly influenced by rising demand from the logistics sector, and also the construction sector as a result of increased construction activity, as these industries use heavy-duty vehicles for transportation. Companies engaged in automotive kingpin manufacturing are entering into contracts with distributors and are expanding their channel reach worldwide. Companies are also acquiring other companies to equip themselves with an expanded product portfolio, advanced technologies, and added manufacturing resources. The global automotive kingpin market is also growing at a strong pace due to increasing demand from expanding automotive companies. Leading players are looking to conquer new contracts for the installation of new products as well as the replacement of aging products, which is creating a highly competitive environment for market participants

 The  air intake system market  is estimated to increase at a value CAGR of 3.6% over the forecast period of 2022-2032 to reach a valuation of nearly US$ 17.8 Bn by the end of 2032. Growing automobile production and sales are the major and fundamental drivers affecting the growth of the automotive air intake system market. The trend of vehicle customization to boost performance also influences the growth of the market on an upward scale in the aftermarket segment. Since the last decade, the auto industry has been undergoing the most dramatic and disruptive technological breakthroughs. This has had a significant impact on all major components, including air intake systems. To satisfy changing market requirements, address tough laws on fuel efficiency and carbon emissions, and remain competitive in the market, significant advancements in air intake system designs, techniques, and materials have been made. Request For Free Sample Report@  https://www.persistencemarketresearc

 The  Europe logging trailer market  is projected to expand at a value CAGR of 3.7% over the forecast period of 2022-2032 to reach a valuation of US$ 156.7 Mn by the end of 2032. Logging trailers are primarily used for the transportation of logs across the European region. The size and type of trailer that is used to transport logs is dependent on the size of the logs and road conditions of the area. Availability of different sizes of logging trailers that have high payload capacity is one of the major factor driving the sales of logging trailers in Europe. Availability of additional features on logging machinery to enhance the functionality and durability of log trailers is expected to present lucrative prospects to logging trailer manufacturers. Electrification of logging trailers will be an alluring aspect during the evaluation period of 2022-2032. Request For Free Sample Report@  https://www.persistencemarketresearch.com/samples/33034 Increasing residential and commerc

  The Europe automotive aluminum extruded parts market is set to be valued at US$ 16.7 Bn by 2032, according to the latest research by Persistence Market Research, a research and consulting firm. The report estimates the market to expand at a healthy CAGR of 5.9% through the course of 2022-2032. As aluminum can provide weight savings of up to 50% as compared to traditional mild steel structures, it increases the fuel efficiency of a vehicle. Vehicles having aluminum material have a 20 percent less lifetime CO2 footprint as compared to steel vehicles. As a result, it is projected that demand for aluminum extruded parts in automotive applications would increase substantially over the coming years. The high thermal conductivity of an aluminum extruded part makes it an excellent choice for removing heat from a vehicle. Alloy strength and extruded profile are also key variables to consider when it comes to electric vehicle crash control. As demand for electric vehicles grows

 According to in-depth industry analysis by Persistence Market Research, the  global railway sleepers market  is estimated to increase at a value CAGR of 5.7% during the forecast period of 2022-2032 to reach a valuation of US$ 19.3 Bn by the end of 2032. Increasing investments in railway track expansion across regions is a key factor that is driving the demand for railway sleepers. Increasing number of metro projects & high speed railway projects are also expected to augment market across the world. Since the last decade, the railway industry has been undergoing the most dramatic and disruptive technological breakthroughs. This has had a significant impact on all track components, including railway sleepers. Significant advancements in railway sleeper designs, techniques, and materials have been made to meet changing market requirements, address tough laws on fuel efficiency & carbon emissions, and to also remain competitive in the marketplace. Key Takeaways from M

 The  Europe compact wheel loader market  is estimated to increase at a value CAGR of 2.5% and reach a valuation of US$ 2.12 Bn by the end of 2032. Rising population is indirectly shaping the construction industry across Europe. New and ongoing constructions require compact wheel loaders, which, in turn, is expected to boost market expansion over the coming years. Since the last decade, the auto industry has been undergoing the most dramatic and disruptive technological breakthroughs. This has had a significant impact on all major components, including compact wheel loaders. To satisfy changing market requirements, address tough laws on fuel efficiency and carbon emissions, and remain competitive in the market, significant advancements in compact wheel loader designs, techniques, and materials have been made, all boding well for market growth. Key Takeaways from Market Study By application, the construction segment is projected to hold a market share of 40.7% by 2032. Conven