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Special effect pigments are characterized by their ability to impart special effects to end products due to their unique ability to reflect light, resulting in a peculiar luster or metallic effect. Metallic and pearlescent pigments are the 2 key types of effect pigments. Unlike organic or inorganic pigments where color is the result of absorption o...

The commercial vehicle industry is undergoing a major transformation, fueled by rapid technological advancements and rising demand for efficiency, safety, and sustainability. A standout innovation in this shift is prognostics, which is the ability to predict vehicle health and performance based on real-time data. This study takes a deep dive into p...

This study examines the development prospects that artificial intelligence (AI) offers the commercial vehicle (CV) industry, focusing on both the revolutionary potential of AI and the difficulties businesses face in fostering growth, including complicated regulations, high capital expenditure, and challenges in incorporating new technology into pre...

Turkey's bus market is undergoing a period of structural change marked by tightening growth conditions, shifting customer expectations, emerging technologies, and new regulatory compliance. This study provides a comprehensive outlook of how the sector is evolving and why companies are finding expansion more challenging than in previous cycles. It e...

26 Mar 2020  |  Asia Pacific  |  Market Outlook

Malaysia Automotive Market, 2020

Passenger Vehicle Sales Continue to Increase, Bringing 0.7% Year-on-Year Growth to the Entire Automotive Industry

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From 2018 to 2019, the Association of South East Asian Nations (ASEAN) automotive market decreased by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales, and decline in sales faced by Indonesia (by political activities), which is the lead...

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

The global oil and gas PPE market generated a revenue of $6.3 billion in 2018 and is expected to grow at a CARG of 3.7% between 2018 and 2023. Protective clothing, protective footwear, and gas protection are the major product segments; they accounted for 25.5%, 25.3%, and 11.8%, respectively, and are set to see the highest growth. North America, ...

The CX landscape is changing rapidly. Brands are realizing the importance of delivering excellent customer service as a competitive differentiator. Hence, the domain is gaining more attention and greater investment priority. The market is also becoming much more tech-intensive as emerging tools can create a seamless and an effortless CX while also ...

In 1921, geophysical acquisition technology which involves the generation and acquisition of seismic data to image sub-surface geology revolutionized earth science and resource exploration. Seismic technologies have come a long way since then; they now have the ability to illuminate and image complex subsurface targets at lower acquisition costs. O...