From designing to development of transportation vehicles, the automobile industry has come a long way. This industry was seeded with the goal of offering convenient travelling options. Now, it has transformed into one of the most reliable industries. With the environment saving activities picking up momentum, the businesses operating in automobile industry have also introduced carbon-neutral projects.

In these projects, they have planned to launch battery powered vehicles that have no carbon footprint. This way, the major players have pledged to reduce the pollutions levels across megacities.

New digital trends have also pushed the demand for new and improved line of automobiles. With the help of latest tech such as GPS, driverless assist and remote control, the automobile industry is experiencing a spike in business all over the world.

Asian has emerged as the biggest market due to the highest number of consumers. Earlier, it was considered to be a luxury but now things have turned by 180°. All individuals are dependent on the automobiles made by automotive industry.

Growing income, support from government bodies and rising population are the major reasons that have fuelled the growth of global automobile industry. This started as a very niche market but now has diverged across multiple domains such as water transport, land transport and air transport.   

This market has shown positive signs of growth even during market dips. This shows that the market has been growing at a steady rate since its inception.

As the demand for lower emission vehicles is increasing, the main players of automotive industry have started exploring new and improve methods to serve this new growing demand of people from all over the world.

Automobiles have been an integral part of everyday life. People from all walks of life use transportations services. Due to this reason, many public transport services are famous. These transportation services came into existence only after the successful experiments of automobile manufacturers.

From two-wheelers to heavy duty trucks, different types of vehicles are designed by automobile companies. With changing times, automobile industry has evolved into different sectors. Now, the vehicles are used for carrying out heavy duty tasks for transporting objects between different locations.

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