24 Nov, 2024
4 mins read

Microcars Market to Reach Valuation of ~US$ 12.7 Bn by 2030

According to the report, the global Microcars market is projected to reach ~US$ 12.7 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Growing environmental concerns, increasing fuel prices, and traffic congestion globally have laid emphasis on improving transportation facilities. Thus, vehicle manufacturers are focusing on the development of comfortable, affordable, and fuel-efficient small vehicles. This […]