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Bonnet Lock Plate and Latch Market to Surpass USD 3.76 Billion by 2035, Fueled by Rising Demand for Safety and Advanced Vehicle Components – FMIBlog

Summary by FMIBlog
Bonnet Lock Plate and Latch Market The global bonnet lock plate and latch market is set for significant expansion, with a projected growth from USD 2,309.46 million in 2025 to USD 3,761.88 million by 2035, reflecting a steady compound annual growth rate (CAGR) of 5%. As automotive safety standards evolve and vehicle production scales up globally, especially in emerging markets, the demand for robust and precision-engineered bonnet locking system…
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FMIBlog broke the news in on Tuesday, June 3, 2025.
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