{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/traction-control-system-market-to-grow-at-a-cagr-of-6-32-from-2022-to-2027-robust-demand-for-autonomous-vehicles-boosts-the-market-technavio/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Traction Control System Market to grow at a CAGR of 6.32% from 2022 to 2027|Robust demand for autonomous vehicles boosts the market -Technavio","slug":"traction-control-system-market-to-grow-at-a-cagr-of-6-32-from-2022-to-2027-robust-demand-for-autonomous-vehicles-boosts-the-market-technavio","createdLocal":"2023-07-28 14:31:04.633088","publishDate":"2023-07-27 00:00:00","feedName":"Autonomous Vehicle News","sourceUrl":{"sourceUrl":"https://www.theautochannel.com/news/2023/07/27/1302016-traction-control-system-market-to-grow-cagr-6-32-from.html"},"postSummary":{"childMarkdownRemark":{"html":"<p>NEW YORK, July 27, 2023 -- The traction control system market size is estimated to grow by USD 10.84 billion from 2022 to 2027.\nTraction Control System Market - Market DynamicsMajor Drivers -The robust demand for autonomous vehicles drives the growth of the key traction control system market during the forecast period.\nKey challenges -The complexity of technology associated with traction control systems is a major challenge hindering the market growth during the forecast period.\nThe automotive energy recovery systems market size is estimated to grow at a CAGR of 9.35% between 2022 and 2027.\nThe increasing traffic congestion and traffic jams pushing demand for regenerative braking are driving market growth.</p>"}}}},"pageContext":{"slug":"traction-control-system-market-to-grow-at-a-cagr-of-6-32-from-2022-to-2027-robust-demand-for-autonomous-vehicles-boosts-the-market-technavio"}}}