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Kingdom of Saudi Arabia (KSA)s uniquely difficult position in 2020 stems from the joint impact of a crash in the oil prices and health crisis mitigation lockdowns that has brought its economy to a halt. How deep and far reaching can the consequences of such a combination of restraints be for the Kingdom? What opportunities will Saudization, Vision ...

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

GCC Metal Industry Outlook, 2020

Non-oil Economic Diversification Policies, Localization Drives, and Growing Consumerism will Boost Growth in the Ferrous and Non-ferrous Industries in 2020

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The year 2020 is anticipated to be a step forward for the Gulf Cooperation Council (GCC) region's effort towards non-oil diversification and manufacturing sector growth. The nascence of the metal downstream industry has led to import dependency in the GCC. Government initiatives towards the development of the downstream metal industry have resu...

Korea is one of the world’s biggest innovators in terms of research and development, patent activity, number of high-tech companies, value-added manufacturing, and researcher density per million of population. Korea’s remarkable economic rise over the past decade can be attributed to the high amount of innovation and the rapid technology developmen...

This research service focuses on the economic impact of India’s automotive manufacturing policy, particularly the automobiles and auto components production-linked incentive (PLI) scheme. Following the outbreak of the COVID-19 pandemic and the subsequent shocks to global supply chains, India launched 14 PLI schemes across various industries as a cr...

26 Mar 2019  |  South Asia, Middle East & North Africa  |  Market Research

GCC Aluminum Castings Market, Forecast to 2022

Renewed Construction and Industrial Activity will Drive Market Growth

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Key Issues Addressed

This research service analyzes the aluminum castings market in the Gulf Cooperation Council (GCC) region. The GCC market for aluminum castings is in its nascent stage, due to the absence of an established automotive industry. However, the demand for aluminum castings in this region will largely be driven by growth in end-user segments such as indus...

India is on the cusp of a historic economic transformation. It is projected to become the world’s third-largest economy by 2030, with a nominal GDP of $11.46 trillion by 2040. This growth trajectory is underpinned by structural shifts across pillars, including rapid digitalization, green transition, manufacturing scale-up, urbanization, and demogra...

The availability of digital pricing engines, the growth of online platforms, and the shift to organized platforms play a key role in market growth. Several companies, including Cars24, CarWale, CarDekho, Maruti Suzuki True Value, and Mahindra First Choice, offer various value-added services, such as vehicle inspection, free servicing, and easy fina...

Tamil Nadu is one of the leading states when it comes to the tourism industry in India; the state has been promoting tourism under the ‘Enchanting Tourism’ program. The state has almost a one-fifth share in both domestic and foreign tourist arrivals and its tourism industry is a major contributor to the GDP. The tourism industry in Tamil Nadu is ma...

This research is designed to provide insights into Saudi Arabia’s macroeconomic environment for the next five years, covering aspects such as GDP growth and per capita GDP, fiscal and monetary policy, demographics, disease profile, and health insurance. Saudi Arabia's economy experienced a deep contraction in 2020, with the rebound seen through 202...