Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...
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Exterior Car Accessories Market Drivers and Overview

Overview

Customers all across the world are interested in changing the look of their cars and making them more trendy. For comfort, convenience, practicality, protection, and beauty, outside car additions are likely to be favoured. High speed and performance, on the other hand, are currently among the top criteria for clients purchasing exterior car accessories. For passenger cars, exterior car accessories are in high demand.

According to a recent IHS Automotive survey, the average age of cars and pickup trucks in the United States was assessed to be 11.5 years in 2015, and it is expected to rise to 11.7 years by the end of 2019. As a result, the rate of replacement of automotive parts and accessories has grown in order to preserve the cars' looks and performance. As a result, suppliers, manufacturers, and retailers have a lot of room to expand. As a result, these factors are likely to propel the worldwide exterior Car accessories market forward in the coming years.


Exterior Car Accessories Market
Exterior car Accessories Market


Automobile Accessories Market Drivers

In terms of global GDP contribution, the automotive industry is considerable. According to the World Association of Car Manufacturers (OICA), the automotive industry contributed 3.65% of global GDP in 2017. In terms of employment, the automotive industry has a lot to offer. For example, in 2020, the automobile industry will have contributed 3% to the US gross domestic product (GDP) and employed over 4.1 million people across the country. The growth of the automobile sector is directly proportional to the growth of the car accessory market. As a result, an increase in global demand for personal vehicles is expected to enhance the automotive accessories industry.

The automotive accessories industry is predicted to grow in response to customers' growing preference for pleasant travel. The worldwide car accessories market is predicted to be fueled by rising consumer preference for an exciting, luxurious driving experience, rising tendencies toward moving automobile accessories, and a spike in vehicle customisation among the young population. Due to rising competition among vehicle manufacturers, automakers are likely to provide a variety of car accessories to attract a larger number of customers and obtain a competitive advantage over their competitors. As a result, the automobile accessories market is expected to grow during the forecast period.

 


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