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- Automotive slowdown & the COVID-19 pandemic brought a sustained downward trend in new passenger car sales in 2021 in Malaysia
- The OEM/Authorized car service market is anticipated to grow with a CAGR of 11.7% during the forecast period 2020-2025
GURUGRAM, India, April 27, 2021 /PRNewswire/
Surging Vehicle Parc in Malaysia: Malaysian automotive industry in witnessing a growth in the number of vehicle parc, which is leading to higher demand for the multi brands and OEM car service companies in Malaysia. ~65% of the vehicle parc in Malaysia in 2020 comprised of post warranty cars that generally visit multi brand car service centers. Whereas, the pre warranty cars in the country prefer visiting the OEM car service centers. Multi brand service centers cost ~40% less as compared to the authorized car service center which is the major reason for consumer to shift to the multi brand service center during the post warranty period. The car pa
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The global display panel market is expected to grow at a compound annual growth rate of 4.92% over the forecast period to reach a market size of US$163.701 billion in 2026 from US$122.743 billion in 2020.
Display panels are electronic display devices on which content is displayed for the viewers. The global display panel market is witnessing a significant growth over the forecast period which may be attributed to the globally growing demand for smartphones, televisions, and other electronic devices that comprises displays. The growing disposable income, urbanization, and increasing propensity of the consumer to spend on consumer electronics have been some of the most prominent reasons for the high demand for display panels particularly in emerging economies such as China, India, and Vietnam among others.
Insights on the Display Panel Global Market to 2026 - Key Mergers, Acquisitions, Agreements and Collaborations benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Worldwide Liquid Detergent Industry to 2026 - Players Include Henkel, The Clorox Company and Unilever Among Others prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.