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The Japanese automotive market has matured, with sales hovering at about 4 million cars in the last decade. It is set to decline further due to the declining population, the ageing population that has given up driving a car, the younger generation that is not interested in owning a car. Against the declining sales trends, the car sharing market has...

This study provides an overview of the engine oil aftermarket in Indonesia. It covers both passenger vehicle and light commercial vehicle (pick-up) segments. Three main engine oils have been selected; they are fully synthetic, semisynthetic and mineral oil. This study discusses sales and market structure in Indonesia, outlining the consumption volu...

This analysis gives a detailed overview of the regulatory policies and programs in key ASEAN automotive markets. In Thailand, this includes the restructuring of the excise tax system, the Eco-Car Program Phase 2, and a roadmap for electric vehicles (EVs). For Malaysia, it covers the National Automotive Plan (NAP) 2014 and the implementation of a go...

This RS gives an analysis of Advanced Driver Assistance Systems (ADAS) market in South Korea. It offers insights into the trends in the emerging ADAS in the country such as Adaptive Cruise Control(ACC), Lane Deviation Warning Systems (LDWS), Blind Spot Detection Systems (BDS), Night Vision Systems (NVS) and Smart Parking Assistance (SPA). The RS of...

Despite disrupting sales and profitability in many markets, the pandemic has ignited minds to build a safer and convenient environment. The connected automotive industry is making the best of the situation through trending use cases that build the new normal across consumer segments. Adapting to the new form of travel, Frost and Sullivan's ‘Voice o...

China’s passenger vehicle navigation on autopilot (NOA) market is entering a phase of accelerated commercialization, scaling from 2.4 million units in 2025 to 15.0 million by 2032, reflecting a strong 29.8% CAGR. This surge marks a decisive transition from early-adopter experimentation to mass-market deployment, fueled by factory-fitted hardware st...

20 Dec 2020  |  Asia Pacific  |  Market Research

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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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...

Companies view vehicle leasing as a solution to the growing number of challenges they face in their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses focus on their core products or services and seek to outsource support activities. Mobility is a ...

In Southeast Asia (SEA), consumer preference for vehicle ownership is gradually declining, particularly in countries where parking and congestion fees strain people’s budgets. In contrast, car sharing provides a hassle-free mobility solution that can significantly reduce consumers’ living costs. Car sharing platforms are available in various busine...