Search results for: 'global 2014 2030'

13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research

GCC Light Vehicle Aftermarket Outlook, 2021

Innovative Business Models Propels Future Growth Potential

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In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle aftermar...

The business environment in Developed Asia (Japan, South Korea, and Singapore) continues to be uncertain despite coordinated policy efforts and government stimuli to foster economic revival. The next few months are going to crucial for the region, as countries try to overcome the pandemic. This macroeconomic outlook for Developed Asia until 2026 w...

India is home to 107 automotive unicorns, making it the third-largest start-up ecosystem in the world. Over the past 3 years, the country witnessed the establishment of an estimated 30,000+ start-ups and a consolidated inflow of more than $50+ billion. Seed, angel, venture, and private equity funds, along with government, incubator, and accelerator...

The study provides estimates of the Indian automotive aftermarket potential in 2016-17 generated by a total vehicle population of 228.7 million vehicles, which include, 2 and 3 wheelers, passenger cars, commercial vehicles and farm tractors. The estimated aftermarket potential comprises that of engine components, suspension and braking components, ...

With the growing market for electronics and increasing complexities of the appliances it is necessary to build the skilled workforce. Majority of the servicing of consumer appliances is done mostly by the unorganized segment creating the need to move them to organized arena. Manpower deficit, outdated curriculum coupled with high attrition and lack...

The global industrial UPS market is conservative and is at its maturity. Although there was a slight decline in the growth rate in 2013 over the previous year, the market is expected to recover and register moderate growth over the forecast period. The market continues to be dominated by three-phase systems and customized solutions, and the growth ...

The Indian passenger vehicle industry had seen strong growth over the years by addressing various customer requirements through the adoption of various technologies and innovative business models. OEMs with state-of-the-art R&D capabilities, a large-scale customer database, and ready to address customer requirements using robust technology will be...

eWaste is an increasing concern in India. In 2023, India generated approximately 4.1 Mt of eWaste, representing about 6.5% of the global eWaste generation. The country’s volume of generated eWaste is forecast to reach 7.1 Mt in 2030, growing faster than the global average. This challenge poses a pressing need to implement circular economy strategie...

07 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Safety Mandates Transforming Indian Automotive, 2020

India Follows Global Safety Systems With the Introduction of New Active and Passive Safety Mandates through Bharat New Vehicle Safety Assessment Program (BNVSAP)

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Key Issues Addressed

The automotive industry is at a tipping point, with factors such as increasing urbanization and congestion, shifting consumer behavior toward connectivity, transition toward electric vehicles, and many more disrupting the changing dynamics of the market. One such factor that has garnered attention across the globe is the rising focus on reducing ro...