Automotive

20 Jun 2018  |  Asia Pacific  |  Market Research

Smart Farming and Internet of Things (IoT) Applications in ASEAN Countries, Forecast to 2022

ASEAN—Goldmine of Opportunities for Smart Farming and IoT Applications

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The aim of this market insight is to highlight the key technological developments in the field of agriculture, with a focus on enabling technologies that will transform the agriculture sector in ASEAN countries. It will discuss smart farming, and the crucial role it is set to play to address the major challenges of growing food demand, soaring oper...

11 Jun 2018  |  Asia Pacific  |  Market Outlook

ASEAN Automotive Outlook, 2018

Vehicle Sales to Cross 3.5 Million Units in 2018 as Japanese Carmakers Continue to Lead the Market in Indonesia and Thailand

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Key Issues Addressed

Sustained economic growth and infrastructure development should drive ASEAN automotive market growth forecast to 2024. Thailand is expected to register the highest growth while Indonesia will continue to be the largest market. This study presents a detailed overview and analysis of the trends in the automotive markets in ASEAN with particular focu...

The auto leasing market and car rental market in Thailand is extremely complex. A majority of the market is with leasing companies affiliated with banks which club hire purchase with leasing. The market faces restraints and challenges such as high competition, high lease rental, low residual value, political instability, unstable FDI, unclear tax r...

The e-hailing market in the ASEAN is showing clear signs of growth and is likely to emerge as a key mode of transport in the region in short to medium term. Urban areas are expected to be the primary segment for e-hailing apps in the ASEAN. The younger population of smartphone users are likely to be the key target market. Several participants have ...

A total of 20.81 billion ride sharing services were offered in China in 2017. The overall ride sharing member size in China has achieved 207.4 million in 2017. The percent share breaks down as follows: commuting ride sharing 45.6%, dynamic ride sharing 32.3%, and fixed long distance ride sharing services 22.1%. Ride sharing services in China are o...

Alibaba is leading a new wave in the automotive market in China. It is enhancing its supply chain to a higher and concentrated vertical level, by interconnecting leading automotive original equipment manufacturers (OEMs), small and medium enterprises (SMEs), distributors, retailers, and consumers from offline presence to online involvement. More t...

The shifts in Russian economic and legislative environment changed the landscape of the automotive sector. As the market entered the new paradigm of post-recession economic recovery, the key participants in the segment (including OEMs and dealer chains) are preparing to tap into the new opportunities and develop a long-term strategy to hedge agains...

China is the largest automotive market globally. In 2017, luxury cars accounted for a 10.3% share of the country’s overall passenger vehicle market. The luxury car market is forecast to experience a positive growth, at a compound annual growth rate (CAGR) of 5.4% during 2017-2025. Being a premium niche market it is highly concentrated and dominat...

27 Feb 2018  |  Asia Pacific  |  Market Research

Strategic Analysis of Malaysian Commercial Vehicle Industry, Forecast to 2025

Annual Demand for Pickups, Light-medium-heavy Trucks and Buses to Grow With Infrastructure Growth and Entry of New Players by 2025

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Key Issues Addressed

Malaysia is the third largest commercial vehicle (CV) market in Asia Pacific after Indonesia and Thailand and is at the beginning of a rapid growth phase. The Total Industry Volume (TIV) has continued to decrease since 2013 due to slow economic growth and a depreciating Ringgit that has impacted business confidence and purchasing power. Consequentl...