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The auto leasing market in Malaysia presents a considerable untapped potential. Malaysia has one of the lowest fleet sizes for auto leasing and car rental in Asia-Pacific region. The auto leasing market in the country faces challenges such as economic slowdown, negative mind set of companies/people toward auto leasing, decline in oil and gas indust...

The automotive spare parts distribution and retail industry in Asia-Pacific is highly fragmented, and numerous participants compete for customers attention. This Frost & Sullivan study offers a detailed and comprehensive discussion of 8 key markets; it has also identified the top distributors and retailers that command a strong position in each of ...

04 Dec 2019  |  Asia Pacific  |  Market Research

Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018–2025

The Market is Driven by Government Efforts to Make EV Viable by Promoting Local Manufacturing Through Incentives and Privileges

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In 2018, the penetration of electric vehicles, including Plug-In Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) in the total auto sales in Thailand was less than 1%. For instance, there were only 57 units of BEVs and 8,745 units of PHEVs were sold. PHEVs in the Thai market are premium vehicles and there are no mass-market models av...

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...

The e-commerce boom, increasing internet penetration, intensifying urbanization and a work-from-home economy brought on by COVID-19 have accelerated the demand for last-mile delivery. There has been significant growth in last-mile delivery for a number of years, posing challenges for businesses and also driving steady innovation and progress. Then ...

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...

Automotive seating is a mature market. Original equipment manufacturers (OEMs) need to design all passenger cars with seating systems, ensuring that the automotive seating market has never-diminishing demand. The seating market in Japan has traditionally been a complex network of OEM-supplier-Tier II relations owing to the traditional “keiretsu” sy...

Commercial buses are essential contributors to carrying large numbers of passengers and their belongings, operating within or between cities. Countries with large populations and vast geographies (e.g., Indonesia, the Philippines, Vietnam, Thailand) have significant demand for commercial buses in metropolitan areas (e.g., Jakarta, Bangkok) or ru...

China's medium- and heavy-duty truck turbocharger aftermarket is entering a mature yet resilient phase, supported by a vehicle parc exceeding 10 million units and sustained replacement demand despite increasing battery electric vehicle (BEV) sales. While turbocharger penetration is nearing saturation, the market continues to generate stable revenue...