Innovative Camshaft Tech Fuels Automotive Industry's Reach of US$ 11 Billion by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
Allegro MicroSystems, Inc. (ALGM)
Company Research
Source: Yahoo! Finance
This analysis covers demand and supply trends, technology advancements, market drivers and challenges, plus insightful investment considerations. It also assesses external factors using PESTLE and Porter's Five Forces analyses. Get a Sample Report now for valuable insights. NEWARK, Del. March 19, 2024 /PRNewswire/ -- The automotive camshaft market value is expected to rise from US$ 10,662.70 million in 2024 to US$ 11,056.49 million by 2034 . The market is expected to rise at a CAGR of 3.70% over the next decade. Download the Sample PDF report to explore key market insights and trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-1213 Demand for automotive camshafts is set to rise, particularly in emerging economies of Asia . Rising sales of automotive camshafts in these markets are attributed to growing interest and affordability for passenger cars. Increasing availability of funds for manufacturing facility expansion is also contributing to market growth. Growth
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ALGM
News
- Allegro MicroSystems Stock: I Am Still Cautious [Seeking Alpha]Seeking Alpha
- Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2024 Financial ResultsGlobeNewswire
- Allegro MicroSystems, Inc. (NASDAQ: ALGM) is now covered by analysts at Evercore ISI. They set an "outperform" rating and a $36.00 price target on the stock.MarketBeat
- There's Been No Shortage Of Growth Recently For Allegro MicroSystems' (NASDAQ:ALGM) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Is It Worth Investing in Allegro MicroSystems (ALGM) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
ALGM
Earnings
- 2/1/24 - Beat
ALGM
Sec Filings
- 4/25/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 3
- ALGM's page on the SEC website