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This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Singapore automotive market. It uses multi-level secondary as well as primary sources for data collation. This includes country-level official associations/federations, government authorities, country subject experts, and third-party sou...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the automotive market in Asia-Pacific's Cambodia, Laos, and Myanmar. It uses multi-level secondary as well as primary sources for data collation. Sources include country-level official associations/federations, government authorities, count...

This research service evaluates the Association of Southeast Asian Nations (ASEAN) automotive market, focusing on key countries, including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. This study discusses passenger vehicles and pickup trucks (pickups). Pickups are the most common and popular commercial vehicles used daily in diff...

28 Dec 2018  |  Asia Pacific  |  Market Research

Strategic Analysis of Thailand’s Commercial Vehicle Industry, Forecast to 2022

Commercial Vehicle Sales in Thailand is Expected to Achieve 305,000 Units by 2022

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This study aims to research, analyze, and forecast the commercial vehicles market in Thailand from 2017 to 2022. This analysis includes commercial vehicles market overview , market network & dealerships, regulatory environment, key industry sectors outlook — total commercial vehicle market, segment market share and competitive analysis, external ch...

The Vietnamese engine oil aftermarket, comprising passenger vehicles and light commercial vehicles is likely to have a compound annual growth rate (CAGR) of 7.6% between 2015 and 2021, growing from 2.6 million liter in 2015 to 4.1 million liter by 2021. Both new vehicle sales and vehicles in operation are expected to experience rapid growth. New ve...

The study aims to give a detailed overview and analysis of the trends in the powertrain market in South Korea with additional focus on trends in the development of green vehicles and their infrastructure. Research Scope • Country overview including regulatory and macro environment factors, transportation infrastructure analysis, energy supply ...

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...

17 Aug 2021  |  Asia Pacific  |  Market Outlook

Thailand Automotive Outlook, 2021

Thailand Accounted for the Highest Automotive Sales in ASEAN in 2020. Chinese OEMs are Focused on Geographic Expansion and Competitive Intensity in the Country

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Thailands TIV dropped by 21.4% in 2020 when compared to 2019. Sales is projected to increase by 8.7% (YoY growth rate) in 2021 to 861,000 units. The commercial vehicle (CV) segment continues to dominate with a 56.6% share, and it is projected to reach 57.3% in 2021, driven by government stimulus measures in response to the pandemic. Diesel powertra...

29 Apr 2021  |  Asia Pacific  |  Market Research

Disruptive COVID-19 Influencing Malaysia’s Automotive Industry, 2021

Sales Tax Exemption on New Passenger Vehicle Softens the Impact of the COVID-19 Pandemic on the Automotive Industry and Promotes Transformational Growth

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In 2020, Malaysias Total Industry Volume (TIV) dropped 12.4%, compared to 2019, with only 529,434 units being sold. The Passenger Vehicle (PV) segment remained dominant with 90.8% market share. The sales tax exemption introduced between June and December 2020 spurred the demand for the segment. Sales of gasoline powertrain grew from 82.6% in 2019 ...