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The days of the automotive industry growing like clockwork are gone. This has emerged as one of the riskiest industries to invest in. Carbon emissions are strictly being monitored and governments are promoting public transport. Cars are now being viewed as wasteful expenses, because the moment a customer purchases a car, its value drops by 30%. Owing to all these factors, the automotive industry is struggling. However, all hope is not lost. There are pockets in the industry that are still quite investable. Electricity powered cars are showing immense growth. Fuel efficient, low emissions cars are being promoted by governments. Therefore, there is still an opportunity to grow. Self-driving cars is another game-changer that will become a reality soon, as they have been successfully tested and are awaiting a commercial rollout. As an investor, you can make a lot of money by investing in the right field of the automotive sector. And for this, you will need the right research report. At Market Research Port, we have a plethora of research reports that cover all aspects of the current and upcoming developments in the automotive industry. These reports will illuminate you on the right investment opportunities. Therefore, get in touch with us at the earliest.
Global Traction Control System Market Outlook: 2020-2030 Trends, Forecasts, and Growth Opportunities

The traction control system is designed to enhance acceleration and prevent the loss of traction (slippage) on driven road wheels, ensuring optimal torque distribution between the surface and the wheels.

  • Published Date : 20 July 2024
  • Publisher: Market Research Port
  • Category : Automotive
  • Price : 4500

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