Automotive

22 Dec 2020  |  Asia Pacific  |  Mega Trends

Digitisation to Boost the Rise of a Smart and Sustainable Singapore

Singapore’s Well-structured Connected Digital Strategy will Drive the Growth of Smart, Sustainable, and Autonomous Mobility Solutions

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Rapid urbanization, private vehicle density, outdated infrastructure, and transportation-related emissions are increasingly stressing the urban mobility ecosystem. Cities across the globe are responding to these changes by developing a more sustainable, seamless, and integrated transport system. In addition, cities are focusing on building the nece...

22 Dec 2020  |  South Asia, Middle East & North Africa  |  Mega Trends

Government Policies Supporting the Distribution and Charging of Li-ion Batteries to Spur Growth of the Indian eRickshaw Market, 2025

FAME II Scheme and the Focus on Increasing Public Charging Stations to Present New Growth Opportunities

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The evolving eRickshaw market in India is expected to witness increasing changes in the next 5 years driven by a myriad of factors. The countrys urban mobility modal is largely dominated by two and three wheelers (2Ws & 3Ws) , which account for close to a 50% share. With the advent of more public transport initiatives, the modal share of last-mile ...

20 Dec 2020  |  Asia Pacific  |  Mega Trends

Competitive Intensity Transforming Thailand’s Off-highway Vehicle Market, 2020

Growth Opportunities Driven by Surge in Mega Projects and Increase in the Competitive Landscape

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Key Benefits

This study analyzes the off-highway vehicle market in Thailand, focusing on the construction and mining equipment (earthmoving equipment) and agriculture equipment segments. It presents the current scenario in the off-highway vehicle market in Thailand and provides analysis and forecast to 2025. In 2019, Thailands off-highway vehicle equipment ma...

This study discusses the post-pandemic growth opportunities in the Indian two-wheeler (2W) market. It also analyzes the segment-wise impact of Coronavirus (COVID-19) on 2W sales in the country. The need for personal transport has increased during the pandemic, and this will boost the sales of 2Ws in the short term as they are the cheapest mode of p...

16 Dec 2020  |  Asia Pacific  |  Mega Trends

SoftBank Mobility Strategies, 2030

With $268 Billion in Equity and a $100 Billion Vision Fund, the Conglomerate will Leverage AI to Become a Powerhouse of the Automotive and Connected Living Environment

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SoftBank, with its $100 billion Vision Fund, has created the biggest investment cycle in history and has given start-ups a head start to launch their technology. Investments are focused on futuristic technologies such as artificial intelligence (AI), the Internet of Things, and mobile applications across various sectors. AI will play an important r...

14 Dec 2020  |  South Asia, Middle East & North Africa  |  Mega Trends

Leasing and Subscription Models to Power the Two-wheeler Market in Bangladesh, 2019–2024

New Growth Strategies to Push New Vehicle Sales at a CAGR of 17%

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Key Benefits

The two-wheeler industry in Bangladesh has grown significantly because of the demographic dividend, higher purchasing power, the growing economy, and the rising popularity of ridesharing services in the country. In cities like Dhaka, traffic-congested roads make two-wheelers the only time- and cost-efficient mode of transport. Bangladesh 2W indust...

The two-wheeler industry in India is arguably the biggest two-wheeler market in the world and has been undergoing significant changes in the last 5 to 6 years as a result of multiple factors. These include government regulations, OEM innovation and development, customer demographics changes, and the overall economic health of the country. For examp...

11 Dec 2020  |  South Asia, Middle East & North Africa  |  Mega Trends

Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry

Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies

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Key Issues Addressed

The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...

The development of electric vehicles (EVs) is accelerating due to the low cost of ownership and operation, simplicity in design, and adaptability to different environments. The future success of these vehicles depends on mass deployment in the world's biggest markets, including Taiwan. Taiwan is the leading consumer of electric two-wheelers, as it ...