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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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22 Feb 2019  |  South Asia, Middle East & North Africa  |  Market Research
Tankless Water Heaters Market in India, Forecast to FY2023
Growing Awareness Towards Energy Efficiency, Increasing Disposable Incomes, and Changing Lifestyle Trends to Drive the Market
The tankless water heaters market is in a nascent stage in the country. However, it has the potential to replace storage water heaters in the long term. Increasing awareness levels of the product and the need for energy savings will drive the market. The market is dominated by storage electric water heaters. There is strong growth of solar water he...
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11 Dec 2023  |  South Asia, Middle East & North Africa  |  Market Research
Middle Eastern Defense Budget Overview, 2023
Incremental Spending and Modernization Efforts Pave the Way for Market Growth
The Middle Eastern defense market is constantly growing in light of significant regional geopolitical changes, military modernization efforts, and the Russo-Ukrainian War, accelerating demand for advanced weapon systems. Accordingly, the regional defense market is expected to grow at a higher rate than the global average, to more than 2.5% per annu...
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25 Mar 2025  |  South Asia, Middle East & North Africa  |  Market Research
Commercial Vehicle (CV) Market, Gulf Cooperation Council, 2024–2028
The GCC CV Market is Experiencing Transformational Growth due to Substantial Investments in Large-scale Construction and Infrastructure Projects
GCC nations are actively reducing their reliance on oil-driven economies, recognizing the need for diversification as populations grow and oil resources alone cannot sustain future development. From 2011 to 2021, fossil fuel dependency saw a decline, with the UAE leading the shift by reducing oil’s share to less than 30% of its GDP by 2023. Economi...
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03 Jun 2021  |  South Asia, Middle East & North Africa  |  Market Research
Indian T&M Thermal Cameras Outlook, FY2021
Thermal Cameras are Redefining the Predictive and Contactless Identification Landscape; Rising Adoption among End Users and Widespread Usage Across Applications will Drive Market Growth
In India, thermal cameras are seeing moderate demand in the test and measurement (T&M) industry. Traditionally, these cameras have been used in defense, healthcare, and firefighting (surveillance purposes); today, the focus has moved to industrial segments, and thermal cameras are used for detection, monitoring, inspection, and testing purposes. Te...
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25 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Indian Passenger Vehicle Market Outlook, 2020
Sales Decline by 9.1% and Reach 3.0 Million Units in FY 2020, Owing to BS-VI Implementation and Weak Buying Sentiments
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...
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10 Aug 2020  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Trends and Innovative Business Models Powering the Indian Electric Bus Market
Future Growth Potential Enhanced by New Business Models and Low Cost of Ownership Opportunity in the Electric Bus Market
This study on the Indian electric bus (eBus) market discusses the key influencing trends that are driving the growth in this segment. Government Initiatives in India to promote electric buses, state government initiatives, and FAME-II overview and incentives schemes are discussed in this study. The tenders in different cities for procuring the elec...
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15 Nov 2019  |  South Asia, Middle East & North Africa  |  Market Research
Indian Passenger Vehicles Market, Forecast to FY2024
Driven by Growing Domestic Consumption and Supported by Favorable Government Policies, the Market is Expected to Cross 4.7 Million Units in FY2024
Domestic sales in the Indian passenger vehicles (PV) market grew from 3.2 million units in FY2018 to 3.3 million units in FY2019. The study estimates the market size of the Indian PV market, as well as segment forecasts up to FY2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV ma...
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27 Jun 2016  |  South Asia, Middle East & North Africa  |  Market Research
Pakistan Logistics Industry—Outlook and Growth Opportunities
Transportation and Warehousing Segments Will Benefit from Development of Economic and Trade Corridors
Pakistan Vision 2025 seeks to enhance the national transportation infrastructure by establishing an efficient and integrated transportation and logistics system. Establishing industrial parks and developing SEZs along the China–Pakistan Economic Corridor (CPEC) will strengthen the transportation network and logistics infrastructure. Road freight tr...
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27 Feb 2019  |  South Asia, Middle East & North Africa  |  Market Research
Assessment of Artificial Intelligence Market in India—Key Industrial Applications and Insights, 2018
Artificial Intelligence is Reshaping the Indian Industry Landscape, and Business Leaders Look to Capitalize on Strategic and Economic Benefits of AI Applications
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...
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