Industries Market Research Reports

This analysis assesses the automotive industry in Association of Southeast Asian Nations (ASEAN) countries and focuses on the 5 main markets (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam). The project covers PVs and pickups. Pickups are the most used and popular CVs in various geographies and industries, including agriculture, in the...

10 Apr 2024  |  Asia Pacific  |  Market Outlook

Chinese Automotive Growth Opportunities, Outlook for 2024

Huawei s Cross-industry Partnerships Will Strengthen Electric Vehicle Industry Integration

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This study discusses the automotive industry in China, with a focus on passenger vehicles, including sedans, sports utility vehicles, multi-purpose vehicles, and crossover vehicles. The study also assesses the country s electric vehicle (EV), charging, and battery swapping infrastructure. In recent years, the strongest growth factors in the Chin...

The Latin American automotive industry maintains its rising trend despite the severe effects of COVID-19 on local economies, international conflicts, inflation, exchange rates, and difficulties arising from credit accessibility. With 4.8 million units sold in 2023, the Latin American automotive industry will likely grow 8.2% in 2024. However, th...

27 Aug 2021  |  Asia Pacific  |  Market Outlook

ASEAN Automotive Outlook, 2021

Competitive Intensity is Concentrated in Low-cost Green Cars and Electric Vehicles; Political Stability will Affect the Automotive

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In 2020, due to the COVID-19 pandemic, the Association of South East Asian Nations (ASEAN) automotive market experienced a significant sales decline of 28.5%, from a total sales of 3.5 million units in 2019 to 2.5 million units in 2020. Passenger Vehicles (PVs) constituted 63.9% of the market and Commercial Vehicles (CV) accounted for 36.1%. Of the...

This study seeks to evaluate the current usage of the in-car marketplace and features on demand (FoD) services such as navigation and location-based features, integration and productivity, driving convenience solutions, remote services and maintenance, in-car personalization, entertainment, and performance and driving services in the United States....

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...

In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...

24 Jun 2021  |  North America  |  Market Outlook

Global Powertrain Outlook 2021

Powertrain Electrification Offers Future Growth Potential through mHEVs, PHEVs, and BEVs, While Diesel Powertrains are Fast Fading From Organizations’ Technology Strategy

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The global powertrain industry continues to be dominated by internal combustion engines (ICE), specifically, gasoline engines, while diesel engine’s share has been falling since the dieselgate scandal. While the share of IC engines operating on alternate fuels has remained constant, vehicle electrification is on the rise. Irrespective of ...

The COVID-19 pandemic has accelerated - rather than affected - growth prospects for the global connected cars market. Technology implementation has increased, and the post-pandemic situation appears to be a positive one for all stakeholders. The pandemic is a blessing in disguise as innovative features such as embedded connectivity, bio-based healt...