Key Takeaways from Analyst
The global vehicle jump starter market is expected to grow significantly over the forecast period. The increasing car production and sales across the world will drive the demand for jump starters in the coming years. Moreover, the rising demand for portable and compact power sources for emergency situations is also projected to propel the jump starter market growth. One of the key drivers for this market is the growing popularity of smartphones and tablets. Majority of people now carry expensive electronic devices which need jump starters in case their car battery dies. North America currently dominates the global market due to high vehicle usage and harsh weather conditions that lead to drained car batteries. However, Asia Pacific is likely to be the fastest growing region supported by the developing automotive industry in China and India.
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