Global Utility Terrain Vehicle (UTV) Market Size is expected to experience significant growth during the forecast period
The global automotive manufacturers are more inclined towards electric vehicles and have started offering EV range for models including superminis, sedans, hatchbacks, large family cars, and vans. It has also been witnessed that electric car positioning in the Europe market is significantly fast. As in 2016, Norway electric car market share was around 29%, which was estimated as the highest, across the globe, followed by the Netherlands with 6.4%, and Sweden with 3.4%. Automotive Wiring Harness Market Size is expected to expand with the CAGR of approximately 11% from 2018 to 2023. With the increasing requirements of high-speed data transfer rates by the modern vehicle, there is high demand for durable and lightweight materials. Along with optical fibers, the other durable and lightweight materials such as carbon nanotubes (CNTs) will have growth opportunities in the coming years. With comparatively good characteristics than steel, the CNT fiber possesses excellent conducti...