Air Brake System Market Insights Show Promising Growth
The global air brake system market continues its upward trajectory, driven by increasing demand in the commercial vehicle sector, advances in braking technologies, and stricter safety regulations worldwide. Valued at USD 4,530.0 million in 2023, the market is expected to expand to USD 4,661.8 million in 2024 and further reach USD 5,825.3 million by 2031, exhibiting a compound annual growth rate...
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