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Pakistan Vision 2025 seeks to enhance the national transportation infrastructure by establishing an efficient and integrated transportation and logistics system. Establishing industrial parks and developing SEZs along the China–Pakistan Economic Corridor (CPEC) will strengthen the transportation network and logistics infrastructure. Road freight tr...

Despite uncertain global economic conditions and low oil prices, government investment plans and infrastructure development initiatives are expected to support economic growth in the UAE. Integration of logistics functions and harmonization of the GCC customs regulations will lead to a synchronized, coordinated, and interconnected regional logistic...

This research service presents a comprehensive analysis of the Middle East industrial services market with a breakdown of segments by countries, end users, and type of equipment being serviced. The revenue by end users and type of equipment are discussed for each of the countries that constitute the Middle East. Revenue analysis is provided for eac...

The Indian logistics industry is fragmented and under developed. Logistics costs are relatively high due to poor physical and communication infrastructure; high dwell time at ports; low levels of containerization; and a multi-layered tax system contributing to significant delays at border crossing points. Development of transportation and logistic...

The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region. The oil-dependent economies are prioritizing non-oil sectors for economic diversification. Unemployment across the region is expected to fall and remain stable du...

19 Feb 2018  |  South Asia, Middle East & North Africa  |  Market Research

Iranian Automotive Market, Forecast to 2022

Sales Volume of Passenger Vehicles, Commercial Vehicles, and Buses and Minibuses to Reach 2.61 Million Units by 2022

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The Iranian passenger vehicles (PV) market is projected to grow, recording a compound annual growth rate (CAGR) of 13.6% during 2016–2022 with the potential lifting of sanctions and the entry of foreign original equipment manufacturers (OEMs) and suppliers. By 2022, the B segment, with a 46% market share, will be most preferred segment cannibalisin...

The GCC remains a critical global economic region due to its energy resources, central location in global trade routes, and large sovereign wealth funds. As it transitions from hydrocarbons to diversified growth, investing heavily in renewables, hydrogen, and new industries, it is expected to sustain stable growth of 4%-4.5% through 2035, supported...

19 Aug 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Digitalization, Infrastructure, and Connectivity Set to Transform the GCC Logistics Industry, 2020

Post-pandemic Growth Opportunities will be Driven by Digital Freight Platforms, Warehousing Automation, and Last-mile Delivery Solutions

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The logistics industry in the Gulf Cooperation Council (GCC) region is evolving rapidly driven by increasing non-oil sector contribution to GDP, infrastructure development, the emergence of free trade zones and industrial parks, and increased trade cooperation. Governments in the region have undertaken policy measures to reduce their dependency on ...

Revival of economic growth is expected as phasing out of restrictions improves investor confidence, leading to consistent growth of the logistics industry from 2017. This industry is expected to benefit from investments related to the Iran’s Sixth Development Plan, which is likely to accelerate domestic economic activities, and contribute to the de...