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This research service focuses on defense spending activities in the Asia-Pacific (APAC) region, with an emphasis on select countries, that is, Australia, India, Japan, Singapore, and South Korea. It briefly analyzes the estimated defense budgets of the focus countries for 2023. The study provides a snapshot of the APAC defense market, includin...

2021 marked the beginning of the revival of meeting rooms and office spaces. As businesses prepare for the return to office, meeting rooms have seen growing technology investments to support hybrid work. Despite the headwinds from the impact of supply chain issues and component shortages which have triggered uneven sales cycles throughout 2021, the...

This study conducts an assessment of business aviation landscape in East Asia with a fleet forecast to 2023, unlocking the key trends, analyzing the business aviation industry of the top 5 country markets, understanding the roadblocks affecting the industry's development and discussing high-level solutions. The business aviation ecosystem is not we...

This study assesses the automotive market in China, focusing on the passenger vehicle (PV) market. Within this, Frost & Sullivan will also discuss electric vehicles (EVs), charging, and battery swapping. China’s automotive market has proliferated, particularly after the 2008 Beijing Olympics. The unit shipment of China’s PV market has consiste...

Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas. This has increased the ...

26 Sep 2019  |  Asia Pacific  |  Market Research

Strategic Analysis of China’s Electric Passenger Vehicle Market, 2018–2025

New Energy Vehicles (NEVs) and Government Regulations to Rapidly Boost Chinese EV Market

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In 2018, Chinese electric passenger vehicle sales increased by 78.3% year-on-year and achieved total sales of 1,181,920 units. Going forward, the electric passenger vehicle market is forecasted to experience rapid growth at a compound annual growth rate (CAGR) of 29.9% during 2018–2025. China’s electric passenger vehicle market is greatly boosted ...

In 2018, China produced about 14 million units of two-wheeler motorcycles. Among them, domestic sales accounted for 47.6% and 52.4% of sales was contributed by export activities. This is a mature market. The country is experiencing market decline for two-wheeler motorcycles due to government regulations, such as driving restrictions in designated a...

Following years of subdued growth, the Japanese economy registered a good rebound in 2021, with a real GDP growth of 2.1%. The country’s reopening and the consequent boost to household consumption and consumer spending were key growth drivers of 2022’s estimated 1.1% growth. However, soaring energy and food prices have weighed on Japan’s fiscal hea...

The Indonesian endoscopy devices market is growing. It is driven by rising awareness, the growing demand for better healthcare, and the expanding aging population. Growth is also attributed to the increase in the number of patients and treatment procedures and the anticipated rise in the number of minimally invasive surgeries. The introduction o...