Skip to main content

Posts

Showing posts with the label vehicles

Used Cars Market Size, Market Status and Future Forecasts to 2028

  The  global used cars market  is anticipated to be valued at   $1,970.0 billion by 2028 , surging from   $1,179.8 billion in 2020 , at a noteworthy   CAGR of 6.8% . Analysis of Covid-19 Impact on Used Cars Market The Covid-19 impact on used cars market has been moderate. The imposed lockdown measures across the world affected the automobile industry for the sales of new vehicles, but the used cars sector was considerably less affected by the Covid-19 pandemic. The general population find used cars economically more feasible as compared to the new cars.  According to "True Value an organized used car retailer" of India, demand for used cars surged during the pandemic with the preference for personal mobility getting stronger. At Maruti True Value, inquiries witnessed a growth of 6% in FY21. These factors are expected to impact the used cars market positively. Checkout How COVID-19 Impacts on Used Cars Market? Get in Touch with our Expert Analyst@  https://www.researchdive.co

Which new trends are likely to be seen in Automotive Voice Command System in ?

  According to a study of Research Dive, the global   automotive voice command system market  forecast shall cross $4,985.8million by 2026, growing at a CAGR of 19.4%. The enormously increasing sales of luxury vehicles with integrated comfort and safety features have accelerated the automotive voice command system market, over the forecast period. Governments, automotive manufacturers, and clients have become increasingly aware of the key advantages of the automotive voice command system. This will help to drive the growth of the market. Moreover, rising popularity of vehicles equipped with advanced infotainment systems is also expected to propel the growth of the global automotive voice command system market during the projected period. Automotive voice command systems have the advantage of being more sophisticated and efficient; also this integrated system offers better driving experience and avoids road accidents. These key factors are anticipated to boost the growth of the automoti