M2 PRESSWIRE-August 26, 2019-: Luxury
Car Market 2019: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2025
A certain activity is being observed in the
car market of Azerbaijan after a long period of stagnation, expert on property issues Vagif Huseynov toldTrend.
The report 'India Connected
Car Market by Service/Application (Telematics, Ride Sharing, OTA Updates), Form Factor (Embedded, Tethered, and Integrated), Platform (Android Auto, CarPlay, MirrorLink), Connectivity (Cellular and DSRC), and Hardware - Forecast to 2025', MarketsandMarkets: The India connected
car market is estimated to be USD 9.8 billion in 2019 and is projected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period.
But, in the developed economies the growth of global railroad tank
car market will remain to be flat.
Summary: But, in the developed economies the growth of global railroad tank
car market will remain to be flat.
Therefore, consumers resorted to the used
car market with hopes to find good alternatives, but this was not also available, as the cars owners decided to keep their cars until they can sell at higher prices.
On "let it rust", auto expert and editor-in-chief of Auto Arabia Mohammed Shata questioned earlier the accuracy of AMIC's data and described the
car market as completely paralyzed.
"The new
car market sales have been muted-hardly growing by 2.5-3percent year-on-year.
Contrary to a "miserable new
car market" in China, the used
car market has performed well, up 13% last year and is expected to continue its double-digit growth rate in 2019 and 2020, Lai tells investors in a research note.
This data is based on the number of monthly purchase leads and sale trends of the used
car market. National Pricing Head CarFirst, Anas Zavary, shared insights on demand trends of used
car market, 'Pakistani used
car market has seen some major fluctuations since January 2018.
Summary: New Delhi [India], Mar 16 (ANI): The used-car market in India is already bigger than the new
car market. This means more than three million used-cars change hands every year.