Global Transportation Manufacturing Market Expected To Reach A Value Of Nearly $7601.28 Billion By 2022
The transportation manufacturingmarket consists of sales of transportation equipment by entities (organizations, sole traders and partnerships) that produce equipment for transporting people and goods. Transportation equipment is a type of machinery. View Complete Report: https://www.thebusinessresearchcompany.com/report/transportation-manufacturing-global-market-report The transportation manufacturing market expected to reach a value of nearly $7601.28 billion by 2022, significantly growing at a CAGR of 10.9% during the forecast period. The growth in the transportation manufacturing market is due to increase in new vehicle sales in rapidly developing countries such as China and India owing to rise in disposable income, increased demand for hybrid electric vehicles, availability of credit and low fuel prices. However, the market for transportation manufacturing is expected to face certain restraints from several factors such as interest rate increases, workforce iss...