Passenger Cars Market Gains Momentum in Asia-Pacific Region
In 2023, the global passenger car market was valued at USD 3,415.11 billion. Projections show this will grow to USD 9,664.49 billion by 2030, reflecting a compound annual growth rate (CAGR) of 16.2% over the period from 2024 to 2030. Rising adoption of Advanced Driver Assistance Systems (ADAS) and autonomous driving technologies are among the key factors driving this market...
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