(I-BusinessNews.Com, June 19, 2017 ) The automotive sales have improved worldwide. With the increase in consumers' confidence in various economies, such as the US, the automotive sales in terms of the units sold have improved. In 2017, the largest automotive market, China accounted for 24.9 million units, which are over 27% of the global automotive sales in 2015. In China, the massive population along with strong economic growth is the driving factor for the rapidly growing automotive market. Apart from a strong domestic market, China is an export hub for automobiles and auto components with most of the international original equipment manufacturers (OEMs) and tire suppliers having off-shore manufacturing facilities in the country.
The market is divided into the following segments based on geography: -North America -Europe -APAC -ROW
Publisher's report, Global Automotive Polishing Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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