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The Gulf Cooperation Council (GCC) countries are emerging as highly competitive countries in terms of road infrastructure and government initiatives to improve the same. The GCC countries have a large pipeline of road infrastructure development projects in the pipeline, boosting the sector. Emerging technologies like driverless trucks and platoonin...

19 Feb 2018  |  South Asia, Middle East & North Africa  |  Market Research

Iranian Automotive Market, Forecast to 2022

Sales Volume of Passenger Vehicles, Commercial Vehicles, and Buses and Minibuses to Reach 2.61 Million Units by 2022

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The Iranian passenger vehicles (PV) market is projected to grow, recording a compound annual growth rate (CAGR) of 13.6% during 2016–2022 with the potential lifting of sanctions and the entry of foreign original equipment manufacturers (OEMs) and suppliers. By 2022, the B segment, with a 46% market share, will be most preferred segment cannibalisin...

This market insight provides details on the history of rail sector development in the Gulf region, recent trends in the sector, major railway projects being planned by GCC countries, challenges expected in planned projects, and an outlook for the sector. It also provides details on the reasons for lack of rail transport in the region, countries tha...

After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS) encourages the country’s reconstructionand economic reformation. As a result of healthy foreign international reserves, limited restrictions on cross-border fund transfers as well as an attractive legal framework that provides greater protection and in...

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in ...

This Industry Docket is an approach to unveil the potential of KSA parts aftermarket across light, medium and heavy vehicles and the key forces behind its future development: including vehicles sales and vehicles in operation changes. Additionally, it provides an insight into existing part distribution structure which will bring value to companies ...

This Industry Docket analyzes developments in the EV/Hybrid vehicle market in India, with a deep dive into government regulations affecting the market. This study also covers the various technological challenges faced by manufactures and how they are planning to overcome those challenges.This docket could be used as a ready reckoner for manufacture...

Revival of economic growth is expected as phasing out of restrictions improves investor confidence, leading to consistent growth of the logistics industry from 2017. This industry is expected to benefit from investments related to the Iran’s Sixth Development Plan, which is likely to accelerate domestic economic activities, and contribute to the de...

This country profile is an instant guide to the political, economic, demographic, industrial, and business environment of Azerbaijan. The report provides a range of quantitative and qualitative information on a variety of national aspects including geography, education, labor, infrastructure, tax, trade, investment, and ease of doing business. It a...