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The global light vehicle production is forecasted to reach 112.65 million units in 2025, experiencing growth at a CAGR of 11.05% during the period spanning from 2021 to 2025. Growth in the global light vehicle market has been supported by factors rising disposable income, increasing urban population, increasing female population, technological advancements, increasing use of solar automobiles, ..

The global premium interior trim market is expected to record a value of US$1.88 billion in 2025, rising at a CAGR of 5.11%, for the time period of 2021-2025. The factors such as expanding luxury cars industry, growing digital ads spending in automotive industry, rising demand for in-car entertainment, upsurge in millennial population and surging urbanization would drive the growth of the marke ..

Europe used car market is predicted to reach US$960.98 billion in 2025, progressing at a CAGR of 5.27% over the period 2021-2025. Factors such as growing population, increasing car ownership, expanding urbanization, mounting penetration of internet and high depreciation rate of new cars would drive the growth of the market. However, the market growth would be challenged by fluctuating prices of ..

China used car market is predicted to reach US$162.54 billion in 2024, witnessing growth at a CAGR of 3.21% over the period 2020-2024. The factors such as increasing car ownership, rising disposable income, accelerating penetration of online advertising, expanding urbanization and escalating demand for affordable used cars would drive the growth of the market. However, the market growth would b ..

The global automotive catalyst market is expected to record a value of US$18.21 billion in 2024, increasing at a CAGR of 7.20%, during 2020-2024. The factors such as growing production of motor vehicles, exploration of automotive aftermarket, rapid urbanization, accelerating economic growth and emission control regulations by government would drive the growth of the market. However, the market ..