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01 Feb 2021  |  South Asia, Middle East & North Africa  |  Market Research
Voice of Customer—Understanding Vehicle Purchase Preferences in India During and After COVID-19
40% of Respondents are Planning a New Vehicle Purchase by the End of the Year
Businesses disrupted by the pandemic are looking at revival even as they grapple with the new normal, and the automotive industry is no exception. Mobility and mobility-related solutions lie hampered not just in India but across the word, with the last few months witnessing plunging sales, halting of new purchases, and closing up of many car deal...
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06 Oct 2021  |  South Asia, Middle East & North Africa  |  Market Research
Indian Light Vehicle Leasing Growth Opportunities
The Company Car Market, Which was Impacted by the Economic Slowdown and the COVID-19 Pandemic in 2019, Recovered Marginally in 2020
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies in terms of their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses are focused on their core products/services and seek to outsource support activities. Mo...
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01 Mar 2022  |  South Asia, Middle East & North Africa  |  Market Research
Saudi Arabia Light Vehicle Leasing Growth Opportunities
Disruptive Technologies and a Boost in Tourism and Business Activities will Drive the Growth of the Light Vehicle Leasing Market
Vehicle leasing presents a solution for a growing number of challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services and, therefore, outsource support activities related to mobility, ranging from fleet purchasing to remark...
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03 Jun 2021  |  South Asia, Middle East & North Africa  |  Market Research
Indian Electric Vehicle (EV) Growth Opportunities
Battery Swapping, Emerging New Business Models, and Growing Charging Infrastructure are Expected to Drive Electric Vehicles in India
Battery Swapping, Emerging New Business Models & Growing Charging Infrastructure are expected to drive the Electric Vehicle Industry in India Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions...
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09 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Outlook
Indian Metal Industry Outlook, FY 2019
Backed By Government Policies, Industry Consolidation, and Technology Infrastructure Upgrades, the Metal Industry is Set to Witness a 6% y-o-y Demand growth in FY 2020
Indian metal market growth in 2019 witnessed global, macroeconomic and industrial factors, such as trade wars, an increase in industry consolidation, plant closures, and restricted imports. The industry’s main objective remained cost optimization, raw material sustainability, and process efficiency. The Indian Government’s flagship programs—Mak...
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06 May 2020  |  South Asia, Middle East & North Africa  |  Market Research
Understanding the Impact of COVID-19 on the GCC Region
An Assessment of Growth Opportunities and Growth Pipelines in Light of the Pandemic
Like other economies, countries in the GCC have been rendered vulnerable by the COVID-19 pandemic. Wholesale and retail trade, transportation and storage, and finance and insurance, which accounted for nearly 50% of Dubai’s gross domestic product (GDP) in 2018, have all been affected. In the oil and gas industry, plunging jet fuel demand and higher...
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13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research
GCC Light Vehicle Aftermarket Outlook, 2021
Innovative Business Models Propels Future Growth Potential
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...
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15 Nov 2019  |  South Asia, Middle East & North Africa  |  Market Research
Indian Passenger Vehicles Market, Forecast to FY2024
Driven by Growing Domestic Consumption and Supported by Favorable Government Policies, the Market is Expected to Cross 4.7 Million Units in FY2024
Domestic sales in the Indian passenger vehicles (PV) market grew from 3.2 million units in FY2018 to 3.3 million units in FY2019. The study estimates the market size of the Indian PV market, as well as segment forecasts up to FY2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV ma...
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19 Dec 2023  |  South Asia, Middle East & North Africa  |  Market Research
Two-wheeler Growth Opportunities in Egypt
Positive Trends in Tourism, Ride-sharing, Online Shopping, and the Restructuring of Business Reforms Will Stabilize the Egyptian Economy and Drive the Two-wheeler Market
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...
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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
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...
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