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16 Sep 2014  |  South Asia, Middle East & North Africa  |  Market Research
Commercial Vehicle Telematics Market Outlook in India
Telematics Penetration to Grow Ten Folds by 2021
The main drivers of the commercial vehicle telematics market is increasing fuel prices and wafer thin profit margin in the transportation industry which compels the fleet operators to gain competitive advantage by vehicle tracking, route calculation, checking on oil pilferage, and other telematics offerings. However, the initial cost of telematics ...
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12 Aug 2014  |  South Asia, Middle East & North Africa  |  Market Research
Forecast of the Indian Commercial Vehicles (CV) Market
CVs are Expected to Witness a Moderate CAGR of 6.8% from FY2014 to FY2020
Massive urbanization will drive the growth of the LCV segment in India. The new government will focus on urbanization as an opportunity and create 100 more urban cities over the next 5 years. Urban consumption will be key to the 6.8% CAGR from FY2014 to FY2020. Additionally, upgrading Indias infrastructure will be a priority for the government to s...
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09 Jul 2014  |  South Asia, Middle East & North Africa  |  Market Research
Strategic Outlook for Construction and Mining Equipment Market in India
Construction and Mining Equipment Market in India Poised to Experience Demand of Over 160 Thousand Units by 2018
Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...
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