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In 2020, Indonesias automotive total industry volume (TIV) dropped by 48.4%, compared to 2019, with only 532,030 units being sold. The passenger vehicle (PV) segment remained dominant with 73.1% market share. The economic growth for 2020 was the weakest since the 1998 Asian financial crisis. Factors impacted by the COVID-19 pandemic include Gross D...

Well-established businesses receive massive amounts of feedback every day, obtained through eCommerce platforms, customer support calls, emails, social media platforms, bots, and chats. This presents companies with an opportunity to collect remarkable volumes of customer data that they can use to enhance market intelligence. VoC refers to the pr...

Carbon capture, utilization, and storage (CCUS) will have a huge role to play in the global decarbonization trend of industries. As energy transition speeds up and impending deadlines for the carbon neutrality approach, the CCUS market will present dynamic growth opportunities across regions and industrial sectors until 2030. In addition to th...

Radiation-curable coatings are defined as coatings that can be cured by either ultraviolet (UV) or electron beam (EB) radiation. Formulations consist of oligomers, monomers, a photoinitiator, and additives. The study segments the total market by curing technology, end-use application, and formulation. The study covers conventional UV, UV LED, EB...

India’s telematics market is undergoing a transitional phase, with major growth opportunity awaiting telematics services providers (TSPs), original equipment manufacturer (OEMs), mobility start-ups, network providers, AIS-140 manufacturers, and other related stakeholders. To succeed in this market where fierce competition and aggressive pricing dom...

27 Apr 2020  |  Asia Pacific  |  Market Outlook

Thailand Automotive Outlook, 2020

Thailand’s Automotive Market to be Weak Due to Global Uncertainties; Outbreak of Covid-19 to Especially Have a Major Impact on the Global Economy, as well as the Thai Economy

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From 2018 to 2019, the automotive market in Association of South East Asian Nations (ASEAN) shrunk 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 in Indonesia (by political election), which is the leader of the...

Frost & Sullivan’s Trend Opportunity Profiles cover specific opportunities emerging from future trend evolutions and are designed to help clients discover and prioritize the most consequential mid-to-long term trends transforming their business growth environment. To create each profile, Frost & Sullivan analyzes the trend opportunity across key in...

The chemicals industry has been undergoing a continuous, but gradual, transformation with the aid of digital technologies. The paints and coatings space leads in terms of the extent of digitalization adopted in various domains of the value chain to address unmet needs, although a significant portion of investment is focused on enhancing value throu...

This segment provides an in-depth study of the influences of various industry players, the contributors, and drivers as well as restraints that make up the profile of the Mobile Content industry in the South Korea market