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Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV market in India are e...

07 Jan 2022  |  South Asia, Middle East & North Africa  |  Market Research

Gulf Cooperation Council (GCC) Stationary Lead-acid Battery (LAB) Growth Opportunities

Renewable Energy, Telecoms and Data Centers Key Drivers of Growth

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Evolving economic scenarios, innovation, and diversification of energy resources are playing a key role in the development of stationary battery storage technologies globally and also within the Gulf Cooperation Council (GCC). Economic and energy diversification away from oil and gas is a key trend in the GCC that is impacting the adoption and futu...

India is quickly emerging as a new power center in the manufacturing world. Owing to its demographic advantage, rapid urbanization, digital transformation, growing middle class, strong economic reforms, strategic geopolitical position, and green energy revolution, it is expected to become a leading global economy during this decade. According to th...

The Indian passenger vehicles market is evolving with a clear shift in consumer preference from low-cost vehicles to feature-rich vehicles. These consumers now are willing to spend thousands more on comfort and convivence features. The industry is addressing this trend by offering driver assistance features to enhance safety in and outside the veh...

Urbanization, industrialization, and the population explosion are worsening India’s air pollution crisis. These factors are prompting renewed focus on initiatives to conserve air quality and improve the quality of life. The COVID-19 pandemic has also sparked customer awareness about air pollution and the spread of airborne diseases, triggering dema...

Artificial Intelligence (AI) allows computer and computer-enabled systems to transcend beyond traditional computing and provides a layer of intelligence through algorithms that enable machines to complete tasks and produce results that are analogous to human-like thought processes, decision making and problem solving. The democratization of data br...

11 May 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Petrochemical Feedstock and Downstream Derivatives Growth Outlook, 2020

The Indian Petrochemicals Market is Expected to Cross the INR100 Billion Mark in 2020, Driven by Robust End-use Growth, Technology

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Throughout 2019, India’s petrochemicals segment exhibited steady growing demand and diversified investments in the country. After experiencing a lull in 2018, the overall investments rebounded in 2019 especially in areas such as rural roads, highways, housing, auto, cement & steel, and chemicals & petrochemicals. The US-China trade war has been fav...

A future mobility landscape characterized by zero road fatalities is a top goal pursued by legislators, automotive suppliers, and original equipment manufacturers (OEMs) across the globe. To achieve this vision, automotive companies are exploring advanced driver assistance systems (ADAS) to complement their vehicle lineups’ active safety portfolios...

The two-wheeler industry in India is arguably the biggest two-wheeler market in the world and has been undergoing significant changes in the last 5 to 6 years as a result of multiple factors. These include government regulations, OEM innovation and development, customer demographics changes, and the overall economic health of the country. For examp...