Global Automotive Thermostat Market Expected to Grow at a CAGR of 3.3% During 2018-2026
The growing demand for passenger and commercial vehicles arising from continuously growing disposable incomes, along with environmental pollution concerns are expected to be one of the major influencing factors behind the growth of the automotive thermostat market. In addition, rapid growth of automotive manufacturing sectors particularly in Asia Pacific, are expected to significantly boost demand for automotive thermostat systems.
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