Thailand Used Car Market Growth Is Propelled by The Rising Consumer Base and Changes In Their Purchasing Habits: Ken Research Market Overview The used car market in Thailand is maturing, expanding at a CAGR of 1.8% from 2014 to 2020. The key drivers of positive development in used car sales income include rising demand for private vehicles, declining purchasing power, easy access to financing, and rising VAT on new cars. The decline in public transportation… Read More »
India Multi-Brand Car Service Market, Brand vehicle Service, Aggregators, and Spare Parts Market in India – Ken Research Market Size and Overview Audio accessories market in India is still in its growth phase with a great untapped potential. The market has full-grown at healthy double digit growth rate particularly in the consumer audio accessories sector. Continuous evolution of integration and audio technology, growing smartphone penetration and discontinued practise of delivering the earphones as… Read More »
India Multi-Brand Car Service Market, Brand vehicle Service, Aggregators, and Spare Parts Market in India – Ken Research Multi brand car service industry revenue stood at INR ~ Cr in FY’2020 and noted a CAGR of 36.4% throughout FY’15-FY’20. Multi brand car service centers are mainstream chosen by the users with out-of-warranty cars. Car insurance companies also extremely prefer multi-brand centers as they deliver the OEM-quality repairs at a cost way less than… Read More »
Government’s public utility modernization initiative coupled with rising fuel cost contributed in the growth of LEV market in Philippines: Ken Research Rising Fuel Cost Rising fuel cost in Philippines in 2022 due to supply constraints and higher foreign exchange rate amidst global tension between Russia and Ukraine, contributes in consumers shifting preference towards availing electric vehicles compared to the conventional ICE vehicles. As Philippines is heavily dependent on imports for its as oil/fuel consumption, higher foreign… Read More »
The light electric vehicle market in Philippines is expected to record a positive CAGR of ~117% on the basis of revenue in between 2017 and 2022: Ken Research Economic Growth in Philippines Steady economic growth in Philippines serve as a catalyst for the increasing adoption of EVs in the country. Even though, the share of electric passenger cars was comparatively lower than that of e-tricycles and electric two wheelers in 2022 but in coming years, the demand for EV will witness massive surge… Read More »
India Used Two-Wheeler (Bikes & Scooters) Market Dealers, Companies, Online Platforms, Revenue: Ken Research Market Overview and Size India is the greater producer and manufacturer of two wheelers around the world followed by the Republic of China. Growing fuel prices is one of the main growth drivers for two-wheelers owing to their greater fuel efficiency. In India, commuters around all age groups utilize the motorized vehicles, especially two wheelers… Read More »
USA Used Car Market Outlook to 2026: Ken Research The report titled “USA Used Car Market Outlook to 2026 – Driven by an influx of digital players along with consumer demand for personal mobility and affordable pricing” provides a comprehensive analysis of the used car market and sales in USA. The report covers overview and genesis of the industry, used car market size in… Read More »
Global Vehicle Tracking System Market Forecast 2021-2027: Ken Research The Vehicle Tracking System Market has grown significantly in the past few years as there is a huge demand over supply activities these report insights into the current market trends, revenues, and shares. It encloses the current scenarios of the market size in the industries. This report signifies the current practices done by some of… Read More »
The used car sales in USA is projected account for a revenue of $1.3 Bn with owing to advanced technology in automobiles and resolvent of chip issue in the industry: Ken Research Consumer shift from public transport to personal vehicle will lead to rising demand of used cars. Increasing awareness about buying and selling used cars through advertisements and entry of new players will provide a major boost to used car market growth. Easy availability of credit for financing pre-owned cars along with attractive interest rates and… Read More »
India Ev Charging Equipment Market Growth Is Fostered By Surge In Government Initiatives: Ken Research Electric vehicle charging systems are utilized to link the plug-in electric vehicle and electric vehicle to an electricity outlet to charge the battery of the vehicle. In addition, several automobile giants and electric component companies are functioning toward the development of improved electric vehicle charging system to meet the augment in requirement for electric vehicles. … Read More »
