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The GCC automotive market was severely affected by the economic downturn arising from decline in oil prices. The region is however aiming to diversify its economy to decrease its reliance on the oil sector. This will prevent the oil price from having such a significant impact on its economy. Commercial vehicle (CV) sales have dropped year after ye...

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...

The study provides the current market size of commercial vehicles in India and a detailed analysis of market participants. It includes an analysis on opportunities for global companies in the Indian market, with key insights and strategies of domestic manufacturers. It also includes in depth analysis of market shares of all the manufacturers in all...

This Research Study covers in detail South Korean commercial Vehicle market. This study covers key research findings; total market for commercial vehicles;deman analysis; competitive environment analysis; regularatory impact analysis; growth opportunities; strategic conclusions and key recommendations; profiles of key market participants; appendix ...

This research service presents an analysis of commercial vehicle telematics market in Australia including Medium and Heavy Commercial Vehicles during 20132020. It analyzes the developments in telematics industry for commercial vehicles and presents an outlook of domestic growth opportunities. It also identifies the evolution roadmap and provides ...

This study provides a comprehensive analysis of the off highway vehicles market in India, providing the current and forecasted market size in units as well as revenues. It also provides detailed analysis and market size forecasts of various segments within the market. In addition, the research provides insights into the key drivers and restraints o...

This research service provides a strategic analysis of both the passenger and commercial vehicle telematics market in Turkey, discusses current and future telematics penetration in key European countries, and maps the addressable market in 2019. This research also provides valuable insights, including market dynamics, trends, challenges, and outloo...

This research service provides the strategic analysis of the trailer telematics market in Europe. It discusses the penetration of telematics in different types of trailers such as dry box, curtain sider, flatbed, reefer, and tanker. The research provides valuable insights into the market's dynamics, trends, challenges, outlook, and the different pa...

This study offers a strategic analysis of the Brazilian commercial truck market. The study presents key trends impacting commercial truck market in brazil, market drivers and restraints, industry challenges, competitive structure, technology and market trends for the brazil commercial truck market. The study offers key quantitative forecasts on tot...