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The Room Air Conditioners (RAC) Market in India, 2017 provides an outlook of the RAC industry, emerging trends in usage of technology, key regional trends and factors driving the market. The Indian economy is currently witnessing an upswing due to increased economic activities; rising household incomes and therefore enhanced purchasing power have m...

The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...

03 Nov 2020  |  South Asia, Middle East & North Africa  |  Market Research

Innovative Cloud-based SaaS Business Models Driving the GCC Connected Trucks Telematics Market, 2022

With Improved Technological Enhancements, Future Growth Potential is Expected to Remain Optimal Despite Volatile Economic Conditions

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The connected trucks telematics market in the Gulf Cooperation Council (GCC) region is poised for a slow growth due to perilous economic conditions. The market—in an economy hit by the double impact of the ongoing Coronavirus 2019 (COVID-19) pandemic and the slump in oil prices—is dominated by local aftermarket participants, while OEM suppliers are...

With the growing market for electronics and increasing complexities of the appliances it is necessary to build the skilled workforce. Majority of the servicing of consumer appliances is done mostly by the unorganized segment creating the need to move them to organized arena. Manpower deficit, outdated curriculum coupled with high attrition and lack...

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...

Remanufacturing and reconditioning are two distinct processes aimed at extending the lifespan of vehicle aggregates, each with its own set of advantages and challenges. Remanufacturing restores components to near-original specifications, ensuring high quality and reliability. However, it is often more expensive and faces limitations such as regiona...

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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Key Issues Addressed Key Benefits

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...

On the back of the GCC's Vision 2030, aluminum demand will be driven by developments in construction, packaging, and infrastructure. Frost & Sullivan recognizes that value chain integration through secondary production is an emerging trend. Electric vehicles are gaining popularity in the region, which will drive the need to localize aluminum f...

The UAE’s used car market experienced unprecedented growth in 2021. On the one hand, the global shortage of microchips impacted new car supply, boosting the demand for used cars, on the other hand, the recovery of market sentiment in the UAE and EXPO 2020 Dubai (postponed to 2021) boosted the Vehicle Miles Traveled (VMT) in the country. As a result...