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The global automotive bushing technologies market is continually witnessing remarkable growth over the past few years. The market growth attributes to the rising production and sales of vehicles. Besides, rapid advances in bushing technologies and materials used for bushing drive the growth of the market. Rising adoption of bushing technologies to add comfort and luxuries in vehicles and minimize bumps & vibrations influences market growth.
Moreover, the demand for security and luxury cars escalates the growth of the market to further heights. Resultantly, the market is garnering tremendous traction, demonstrating substantial growth prospects. According to Market Research Future (MRFR), the global automotive bushing technologies market is estimated to grow at 4.86% CAGR during the assessment period (2018-2023). Growing vehicle safety and comfort concerns and noise & vibration are the major growth drivers.
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