Search results for: 'asean'

This research service presents a database of the car parc in the key ASEAN automotive markets of Malaysia, Indonesia and Thailand. It discusses the scenarios of the number and type of cars and pickups in each segment during 2000–2018. The database offers segment-wise new vehicle sales during 2000–2013, and annual growth in new vehicles in terms of ...

12 Feb 2020  |  Asia Pacific  |  Market Research

Commercial MRO Market in Southeast Asia, 2019

Commercial MRO Market Hovers Around US$4.7 Billion Among Top 6 ASEAN Nations in 2019

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This study aims to evaluate the commercial aircraft fleet and spending on MRO services among the top 6 ASEAN nations of Southeast Asia. These countries had a large, combined airline fleet size of close to 1,800 aircraft by the end of 2019. The study focuses on the fleet and MRO spending comparisons among these top 6 ASEAN nations. It further delves...

The Internet of Things (IoT) has been introduced to solve a variety of business challenges faced by enterprises in the following categories: 1) visibility and insights, 2) optimization of business processes, 3) tracking of assets, 4) monitoring of assets and environment, 5) improved customer engagement, 6) enabling new services, 7) enabling new bus...

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...

Autonomous driving technology is still a new concept for countries that belong to the Association of Southeast Asian Nations (ASEAN). However, the potential benefits of this technology are expected to significantly impact freight transport. With government support, autonomous driving is likely to be the catalyst of improvements in the trucking sect...

The global commercial vehicle market witnessed a decline in sales volumes in 2024, more so in the medium and heavy-duty truck segments than in light commercial vehicles (LCVs). Various regional markets had an oversupply, leading to a fall in truck demand. ASEAN, China, and India experienced a significant decline in LCV sales volumes, following stro...

Both China and Europe experienced significant growth in LCV and M&HD truck sales in 2023, mainly driven by a low base affect. Other emerging markets faced a challenging year, with India and ASEAN specifically contracting in LCV sales and with LATAM s M&HD truck sales declining substantially in 2023. After a difficult 2022, Chinese OEMs reemerged in...

This report provides an in-depth analysis of growth opportunities in the global generator set (genset) industry for 2025 to 2035, focusing on the transformative forces reshaping the market. It examines the impact of digitalization, sustainability imperatives, and hybridization on genset adoption across multiple sectors, highlighting how renewable e...

The global portable genset market is undergoing a significant transformation, driven by rising demand for reliable backup power solutions across residential, commercial, and industrial sectors. This growth is fueled by the increasing frequency of extreme weather events, aging grid infrastructure, and surging global energy consumption. Portable gens...