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Southeast Asia (SEA) Automotive Financing Market Growth Projections at a Steady 6.33% CAGR Unveiled for 2023–2031
The Southeast Asia (SEA) automotive financing market is on the cusp of significant growth, with a recent report projecting its value to surge from US$ 9.46 billion in 2022 to US$ 16.34 billion by 2031. This remarkable growth trajectory, reflecting a compound annual growth rate (CAGR) of 6.33% during the forecast period 2023–2031, underscores the burgeoning demand and evolving dynamics within the region’s automotive…