Search results for: 'middle assembly'

GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil’s share to less than 30% of its GDP by 2023. Economi...

The construction and agricultural equipment market is expected to experience significant growth in APAC and moderate-to-slow growth in the Middle East and LATAM until 2030. Investment in residential, urban, and transportation infrastructure will drive sales of compact construction equipment, while farms (through rental) in APAC and LATAM will drive...

The global passenger vehicle door module market is undergoing a structural transformation, driven by increasing vehicle complexity, cost pressures, and the shift toward software-defined architectures. Traditionally viewed as mechanical assemblies, door modules are evolving into integrated, technology-rich systems that combine hardware, electronics,...

This Outlook assesses the automotive industry in five main ASEAN markets: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.The project covers passenger vehicles (PVs) and pickup trucks. Pickups are the most used and popular commercial vehicles (CVs) across different geographies and industries, including agriculture, in the region. Indone...

The Outlook assesses the automotive industry in 5 main ASEAN* markets: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. The project covers passenger vehicles (PVs) and pickup trucks. Pickups are the most used and popular commercial vehicles (CVs) across different geographies and industries, including agriculture, in the region. Indonesi...

Latin America is evolving into a promising hub for light commercial vehicles (LCVs). With growing investments from global automotive players, the region is poised for increased output and innovation. Global and Chinese OEMs are intensifying efforts through local assembly, telematics integration, and alternative fuel adaptation to stay competitive a...

Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development i...

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

BYD has evolved from a battery maker into the most dominant global EV player by building a vertically integrated ecosystem that few other automakers can match. Its strength lies in controlling every critical component of the EV value chain, especially batteries, semiconductors, and EV platforms, thereby keeping costs low and margins stable amid agg...