Search results for: 'applications development'

The Gulf Cooperation Council (GCC) countries are emerging as highly competitive countries in terms of road infrastructure and government initiatives to improve the same. The GCC countries have a large pipeline of road infrastructure development projects in the pipeline, boosting the sector. Emerging technologies like driverless trucks and platoonin...

11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

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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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...

07 Sep 2018  |  South Asia, Middle East & North Africa  |  Market Research

Saudi Arabia Logistics Industry—Growth Insights, Forecast to 2024

Economic Diversification Initiatives, Investments towards Developing Logistics Infrastructure such as Multimodal Hubs, and Logistics Parks are Expected to Support Growth of Industry Segments

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The logistics industry in Saudi Arabia is evolving rapidly to meet the dynamic demands of customers, changing industrial landscape, and expansion of trade. Economic diversification initiatives, tax policy reforms, and FDI policies are encouraging open economy and private investment. Technology advancements and the nations vision on economic diversi...

Continuous innovation and development in the automotive industry have made electronics an inevitable part of the transition from conventional mechanical systems to electronic systems. Automotive electronics development for different vehicular applications such as body electronics, safety, entertainment, electrification, and driver assistance contri...

This study involves a unique methodology of analysis of various end-use application segments in commercial vehicles, their usage pattern, replacement cycles, and expected growth in the end-use industry, coupled with Mega Trends such as Gross Domestic Product (GDP) growth, urbanization, changing safety and emission norms, new tax reforms, changing t...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Commercial Vehicles Market Outlook, FY2020

The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown

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The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...

The Indian commercial vehicle market is experiencing changes due to heavy regulatory winds, changes in customer preferences, segment shifts, increasing adoption of technology, and digitalization. Aspirational trajectory of economic potential, growing population, consumer commodity spending, infrastructure developments, overall manufacturing, and ag...

07 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Safety Mandates Transforming Indian Automotive, 2020

India Follows Global Safety Systems With the Introduction of New Active and Passive Safety Mandates through Bharat New Vehicle Safety Assessment Program (BNVSAP)

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The automotive industry is at a tipping point, with factors such as increasing urbanization and congestion, shifting consumer behavior toward connectivity, transition toward electric vehicles, and many more disrupting the changing dynamics of the market. One such factor that has garnered attention across the globe is the rising focus on reducing ro...

The Indian automotive industry is at a tipping point, with a range of factors, such as increasing urbanization and congestion, shifting consumer preference towards connectivity, the transition toward electric vehicles, and growing demand for safer cars, changing the dynamics of the market. The Indian government s push to reduce road fatalities and ...