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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
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...
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14 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research
Leasing and Subscription Models to Power the Two-wheeler Market in Bangladesh, 2019–2024
New Growth Strategies to Push New Vehicle Sales at a CAGR of 17%
The two-wheeler industry in Bangladesh has grown significantly because of the demographic dividend, higher purchasing power, the growing economy, and the rising popularity of ridesharing services in the country. In cities like Dhaka, traffic-congested roads make two-wheelers the only time- and cost-efficient mode of transport. Bangladesh 2W indust...
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08 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Mega Trends in the Indian Solar Inverters Market
Future Growth Potential Enhanced by Rooftop Inverter Opportunities and C&I Segment Contribution
India is a signatory to the Paris climate change agreement, which requires at least 40% of its energy to be from renewable sources by 2030. By 2022, India targets 175GW from renewable sources, out of which it plans to achieve 100GW from solar sources with rooftop solar contributing about 40GW. The Ministry of Renewable Energy has launched a number...
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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
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...
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