Search results for: 'assembly mega'

The Asia-Pacific (APAC) smart city market recorded robust growth in 2019. It generated a revenue of $33.5 billion and is anticipated to expand at a compound annual growth rate (CAGR) of 29.1% between 2019 and 2025 to reach $154.84 billion in 2025. The market is expected to grow exponentially as government initiatives call for smart technologies to ...

At present, technology has become a lifeline of almost all individuals and businesses, and organizations, irrespective of their size and shape, are actively embracing different technologies to improve their operational efficiency. Businesses in the present age are seeking advanced forms of technology-backed solutions and tools that help their workf...

30 Sep 2020  |  Asia Pacific  |  Market Research

Transformative Mega Trends of Autonomous Driving in Japan, 2020

Strategic Partnering and Technology Strategy to Accelerate the Transformational Growth of Autonomous Vehicles

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Japan’s automotive market is highly developed and evolving. Autonomous driving is advancing for both commercial and personal use. Naturally, global OEMs, suppliers, and technology companies are leading the charge, with significant inputs from research institutes and universities. In 2017, the Japanese government allowed driving tests on highways i...

The development of electric vehicles (EVs) is accelerating due to the low cost of ownership and operation, simplicity in design, and adaptability to different environments. The future success of these vehicles depends on mass deployment in the world's biggest markets, including Taiwan. Taiwan is the leading consumer of electric two-wheelers, as it ...

The growing use of digital payments in Asia-Pacific (APAC) paves the way for innovation and new use cases that address user pain points payment solutions, such as self-checkout, enhance customer experience while software point-of-sale (softPOS) accelerates the merchant onboarding process. The APAC market will become more aware of the benefits of ne...

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...

20 Oct 2021  |  Asia Pacific  |  Market Research

ASEAN Hybrid and Electric Vehicle Growth Opportunities

The Transformative Mega Trends Driving Energy-efficient and Electrification Technologies in Indonesia, Malaysia, and Thailand

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Major Association of Southeast Asian Nation (ASEAN) countries rely on internal combustion engine (ICE) passenger vehicles. National incomes and infrastructure development also drive motorcycles’ popularity. Hybrid and electric vehicle penetration only accounted for 0.3%, 1.3%, and 9%, respectively, in the total new passenger vehicle sales in Indone...

09 Nov 2021  |  Asia Pacific  |  Market Research

ASEAN Shared Mobility Growth Opportunities

Transformative Mega Trends Lead to Automotive Electrification and the Innovation of Super Shared Mobility Applications

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The study assesses the key shared mobility trends in the Association of Southeast Asian Nations (ASEAN), covering Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Key shared mobility activities discussed in the study include car sharing, eHailing, ride sharing, demand-responsive transit, and micro mobility....

02 Nov 2021  |  Asia Pacific  |  Market Research

Singapore Facility Management Growth Opportunities

Transformative Mega Trends including Building Technology Progression, and Future of Workplace are Key to Service Providers’ Advancement in FM

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Singapore's facility management (FM) market is in the advanced stage of the growth lifecycle due to the strong culture of outsourcing and the high acceptance of value-added or innovative offerings. It is a mature market, and a large number of regional and global service providers have set up their headquarters in the city. A conducive business ...