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[English Market Research Report] Market for Painted Steel Coils

[English Market Research Report] Market for Painted Steel Coils

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According to the latest report by Grand View Research, Inc., the global painted steel coil market is expected to reach 23.12 billion USD by 2030, expanding at a CAGR of 8.0% during the forecast period. The market is anticipated to be driven by increased investment in residential development in the region, along with a growing penetration into the commercial segment. The rapid rise of modular construction is also expected to have a positive impact on the global demand for painted steel coils during the forecast period.

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[English Market Research Report] Automotive Ignition Coil Market

[English Market Research Report] Automotive Ignition Coil Market

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The global market size for automotive ignition coils reached 10.3 billion USD in 2022. The IMARC Group forecasts a growth rate of 4.17% (CAGR) between 2023 and 2028, predicting it will reach 13.3 billion USD by 2028. Automotive ignition coils are one of the components of a vehicle's ignition system. They generate an electric spark that ignites the air-fuel mixture in the combustion chamber, playing a role in assisting the vehicle's movement. Common product types include coil-on-plug, distributor-based, and distributor-less. Automotive ignition coils consist of a laminated iron core surrounded by two copper wire coils, and they are manufactured from high-quality metal materials that are easy to install, robust, durable, and excellent in wear and corrosion resistance. They are widely used in passenger cars, motorcycles, and light/heavy commercial vehicles (L/HCV) to improve engine efficiency, emissions, and performance.

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