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Asia Pacific Electric Two & Three-Wheeler Market is anticipated to mark a tremendous rise in revenue from US$ 38,805.8 Mn in 2021 to US$ 1,27,228.9 Mn by 2030. The market is registering a growth at a CAGR of 14.1% both in terms of value and volume over the forecast period 2022-2030.
Global Electric Two & Three-Wheeler Market is anticipated to mark a tremendous rise in its revenue from US$ 46,619.4 Mn in 2021 to US$ 1,53,622.6 Mn by 2030. The market is registering a CAGR of 14.2% over the forecast period 2022-2030
Global automotive premium audio system market was valued at US$ 12,736.30 Mn in 2022 and is projected to reach US$ 28,828.41 Mn by 2031 at a CAGR of 9.5% over the forecast period 2023-2031.
The Global Vehicle-to-everything (V2X) market is projected to experience a significant surge in revenue, growing from US$ 4.18 billion in 2022 to US$ 55.6 billion by 2031, with a compound annual growth rate of 36.1% during the forecast period 2023-2031.
With the increasing focus of governments and EV manufacturers on investing in EV charging infrastructure, the market is expected to register a CAGR of 29% during the forecast period from 2023-2050. The revenue of the market is projected to increase from US$ 34.3 Bn in 2022 to US$ 33,284 Bn by the end of 2050.
During the forecast period, the ASEAN automotive insurance market size is projected to grow at a CAGR of more than 5.6%. A study on the ASEAN automotive insurance market analyzes the growth prospects, restraints, and key trends. In addition to Porter's five forces analysis, this study also examines the influence of various factors.
The Global electric vehicle market was valued at US$ 278.7 Bn in 2022 and is estimated to witness a major leap forward in revenue to US$ 72,798 Bn by 2050. The market is registering a CAGR of 21.99% during the forecast period 2023-2050.