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Logistics industry growth in the Gulf Cooperation Council (GCC) region is catalyzed by the increasing contribution of the non-oil sector to GDP, infrastructure development, growth of free trade zones and industrial parks, and greater regional trade cooperation. Governments in the region undertake policy measures to bolster economic diversification ...

Tightening emissions standards coupled with plaguing pollution levels have begun to shift the dynamics of the Indian automotive market. While xEV (electric and hybrid vehicles) have gained traction in developed nations internationally, they are yet to do so in the Indian market. However, projections show that in 2030 about 2 million xEVs will be so...

Egypt has faced political instability for the last 10 years. An authoritarian political agenda is restricting societal development and economic development. A complete change of political leadership and leadership style will benefit a sustainable recovery. Restructuring business reforms to enable private sector development will assist in the countr...

The Indian economy was forecast to record an 11.3% growth in 2021-22, based on prevailing conditions in March 2021. Since then, however, the economic outlook has changed with the start of the 2nd wave of COVID-19. Consequently, a 9.4% growth is anticipated in 2021-22. However, this forecast is subject to changes based on the evolution of the 2nd wa...

India’s electric truck charging ecosystem is entering a critical phase of commercialization, with revenue generation and investment returns emerging as key focus areas alongside infrastructure deployment. As medium- and heavy-duty electric trucks scale up, charging infrastructure development across high-freight-movement corridors, major logistics h...

This research service provides a strategic overview of the Indian OEMs powertrain technologies, including key technology trends, emission norms, market drivers and restraints for Gasoline and Diesel engines. It also provides a road map for transmission technologies used in Indian passenger vehicles. It provides market trends and the technology road...

Driven by aggressive pricing, the Indian passenger vehicle market is expected to grow with launch of entry level sedans (super compacts) and compact SUVs until 2019. Domestic sales of PVs in India decreased from 2,686,768 units in FY 2013 to 2,431,250 units in FY 2014, registering a decline of 9.5% due to the increase in fuel cost, lending rate, an...

This study discusses the post-pandemic growth opportunities in the Indian two-wheeler (2W) market. It also analyzes the segment-wise impact of Coronavirus (COVID-19) on 2W sales in the country. The need for personal transport has increased during the pandemic, and this will boost the sales of 2Ws in the short term as they are the cheapest mode of p...

23 Jan 2018  |  South Asia, Middle East & North Africa  |  Market Research

Indian Passenger Vehicles Market, Forecast to 2020

New Models Launched in the Super-compact, Mid-size, and Compact Sports Utility Vehicle Segment at Aggressive Pricings are Responsible for Driving the Indian Passenger Vehicle Market

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Driven by aggressive pricing and an increasing number of exports, passenger vehicle (PV) production in India is expected to grow at a CAGR of 9.0% from FY2015 to FY2020. New models—like Hyundai Xcent, Hyundai Creta, and Maruti Baleno—launched at aggressive pricing in different segments are responsible for driving the Indian PV market. Also, the lau...