Center and Drag Link Market – Global Industry Analysis and Forecast (2018-2026)

Center and Drag Link Market is estimated to reach US$ 14.23 Bn by 2026 at a CAGR of about 3.5% during a forecast period.

 

Center and drag link assemblies offer smooth functioning of the vehicle and result in less vibrates and wobbles, hence easy to drive. Center and drag link manufacturers are keen on developing products, which overcome challenges such as high temperatures, uneven terrain, bad ground conditions, safety and reliability. With users loging in using better vehicle components, the vehicle manufacturer needs to design products for commercial vehicles by harboring exacting standards of excellence. This favors the center and drag link market raised on account of manufacturers complying with market sentiment. Steering wheel components employing drag and link assembly ramp up their existing models to attain competitive advantage and reaching out to the end-user, this is a market booster for center and drag link market for regions such as India and China.

 

Center and Drag Link Market

Center and Drag Link Market

 

Center and drag link market is segmented into gross vehicle weight, application, ball size type, and region. On the basis of GVW, rise in urbanization an industrialization in global market will boost the demand for heavy equipment is expected to increase greater than 15000 lbw in the forecasting year. Based on application, heavy-duty vehicles is fastest growing segment in the forecasting period. Medium-duty vehicles is expected to grow in the upcoming year.

In terms of region, Europe is expected to remain the largest market for center and drag link market during the forecast period. North America is expected to grow at the highest rate over the next few years.

 

Key Players Profiled and Analised in the Report

Federal-Mogul Corporation, KOREA Central CO., LTD., Rane (Madras) Ltd., Powers & Sons, LLC, ZF TRW and Moser Engineering among others.

 

Center and drag link market is segmented into gross vehicle weight, application, ball size type, and region. On the basis of GVW, rise in urbanization an industrialization in global market will boost the demand for heavy equipment is expected to increase greater than 15000 lbw in the forecasting year. Based on application, heavy-duty vehicles is fastest growing segment in the forecasting period. Medium-duty vehicles is expected to grow in the upcoming year.

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Market Scope of Center and Drag Link Market

 

Center and Drag Link Market by GVW

 

  • Less Than 8000lbw.
  • Between 8000-15000 lbw.
  • Greater Than 15000 lbw.

Center and Drag Link Market by Ball Size Type

 

  • 1 to 1.5 inch
  • 1.5 to 1.75 inch
  • 1.75 to 2.75 inch

Center and Drag Link Market by Application

 

  • Light-Duty Vehicles
  • Medium-Duty Vehicles
  • Heavy-Duty Vehicles

Center and Drag Link Market by Geography

 

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Key Players operating in Center and Drag Link Market

 

  • Federal-Mogul Corporation
  • KOREA Central CO., LTD.
  • Rane Ltd.
  • Powers & Sons
  • LLC
  • ZF TRW
  • Moser Engineering

 

 

 This Report Is Submitted By : Maximize Market Research Company

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