Search results for: 'work hail to support har'

22 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Government Policies Supporting the Distribution and Charging of Li-ion Batteries to Spur Growth of the Indian eRickshaw Market, 2025

FAME II Scheme and the Focus on Increasing Public Charging Stations to Present New Growth Opportunities

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The evolving eRickshaw market in India is expected to witness increasing changes in the next 5 years driven by a myriad of factors. The countrys urban mobility modal is largely dominated by two and three wheelers (2Ws & 3Ws) , which account for close to a 50% share. With the advent of more public transport initiatives, the modal share of last-mile ...

India is among the fastest-growing major economies, advantaged by an expanding middle class and working-age population. While signs of a slowdown were evident in 2019, the COVID-19 pandemic has catapulted the economy into a deep recession, similar to the global trend. This research examines the countrys outlook for the next decade and evaluates its...

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...

27 Jul 2023  |  South Asia, Middle East & North Africa  |  Market Research

Growth Opportunities in the Indian Connected Truck Telematics Market

The High-performing Indian Economy and Strong Government Support will Nurture Commercial Vehicle Telematics and Boost Transformational Growth

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The Indian connected truck telematics market is entering a presumably long growth phase and is already the fastest-growing market worldwide. It presents rewarding opportunities in terms of service revenue and potential new technology integration. The government is introducing new measures to support infrastructure development and drive technology a...

In the Indian commercial electric 3-wheeler (e3W) space, original equipment manufacturers (OEMs) are focusing on exports to sustain business and continuously exploring new markets to penetrate and mitigate losses in the domestic market. Electric L5 3Ws are currently in high demand in nations such as the United Kingdom, Greece, France, Sub-Saharan A...

This research service provides a snapshot of the Saudi Arabian economy by examining the country’s growth conditions and key policies. Following a steep economic contraction in 2020 on account of the COVID-19 pandemic, Saudi Arabia recorded a rebound of around 8.7% in 2022. Robust growth in non-oil sectors such as manufacturing, transport, governmen...

In the last few years, the push for sustainable mobility worldwide has become a priority, considering the deterioration of climatic conditions because of increasing CO2 levels. India is one of the largest electric three-wheeler markets and plays a significant role in this evolution. Electric vehicle stakeholders should focus on reducing the carbon ...

India's passenger vehicle market is experiencing a digital transformation due to the rising consumer demand for smartphones and connected services, making in-vehicle infotainment a building block for HMI and transforming the vehicle cabin into a third living space or personalized digital hub.As the vehicle infotainment stack becomes smart, connecte...

14 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Leasing and Subscription Models to Power the Two-wheeler Market in Bangladesh, 2019–2024

New Growth Strategies to Push New Vehicle Sales at a CAGR of 17%

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The two-wheeler industry in Bangladesh has grown significantly because of the demographic dividend, higher purchasing power, the growing economy, and the rising popularity of ridesharing services in the country. In cities like Dhaka, traffic-congested roads make two-wheelers the only time- and cost-efficient mode of transport. Bangladesh 2W indust...