The forecasted sold production of parts of land vehicles, specifically nodular iron castings, in the UK shows a subtle year-on-year increase from 2024 to 2028. Starting at 6.0927 million kilograms in 2024 and reaching 6.0949 million kilograms by 2028, this represents a steady but marginal growth trajectory. The compound annual growth rate (CAGR) over this period continues this trend of stability with minimal percentage variation in overall volume.
Future trends to watch for include innovations in manufacturing technologies and shifts in automotive demand, which could impact production volumes. Sustainability regulations and global supply chain dynamics also remain significant factors influencing the market.
