2 reports

The product life cycle of x-by-wire is in the growth phase and is expected to witness substantial progress in the years ahead. Throttle-by-wire technology has already witnessed widespread adoption in mid and high end cars and in the future it is expected to see an increasing adoption in entry-level cars as well. It accounted for a share of...

  • Luxury Automobile
  • Automotive
  • Research And Development
  • Education And Training
  • Auto Parts
  • Construction Equipment
  • Military Vehicle
  • World
  • China
  • Japan

Rising Disposable Income and Increasing Demand for Luxury Vehicles are Propelling China to become the Largest Global Market for Premium Cars China is the largest automotive market globally. In 2017, luxury cars accounted for a 10.3% share of the country’s overall passenger vehicle market. The luxury car market is forecast...

  • Luxury Automobile
  • China
  • Disposable Income
  • Luxury Automobile Consumption