Keyless Entry System Market Share: Poised for Strong Growth Amid Rising Security Demands and Automot
Technological Advancements in the Automotive Industry: The automotive sector is witnessing rapid technological progress, with increased investments from foreign direct investments (FDIs) and key industry players. For instance, in 2020, India emerged as the fifth-largest auto market, with approximately 3.49 million units sold across passenger and commercial vehicle categories. The surge in the middle-class population and rising per capita income have further bolstered market expansion.
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