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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 ...

Tesla Motors is positioned to make the highest gains when Autonomous & Electric technology come together to create a mobility solution. Building an ecosystem of Tesla Motors Autonomous EV with Elon Musk’s expertise in online payments (PayPal) and Home Electrification (Powerwall) could be the biggest disruption the automotive industry will see over ...

An increasing number of E2W start-ups are in the market, especially those importing cheap components and selling low-quality vehicles. Most traditional internal combustion engine (ICE) two-wheeler (2W) original equipment manufacturers (OEMs) have yet to enter the E2W market. With E2W technology nascent and dominated by start-ups, it attracts entiti...

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 ...

This report analyzes internal combustion engine two-wheelers (ICE 2Ws) and electric two-wheelers (E2Ws) in Thailand's two-wheeler market. Motorcycles and scooters are the subsegments of ICE 2Ws and E2Ws. This study examines how Thailand is adopting electric mobility and the reasons that contribute to the changing 2W market. It uses the PESTLE and S...

11 Apr 2019  |  Asia Pacific  |  Market Research

Chinese Commercial Vehicle Market Opportunity Analysis, 2017–2025

Alternate Powertrain Truck Sales Including Natural Gas (NG) and Electric Vehicle (xEV) to Reach 925,000 Units in 2025

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China owns the largest automotive market globally. The Chinese commercial truck market is expected to experience a slight negative growth at a compound annual growth rate (CAGR) of 0.4% during 2017–2025. This is mainly due to High base effect of HD vehicles in 2017. The high sales was due to new replacement demand and anti-overloading policy On th...