Industries Market Research Reports

This study conducts a detailed assessment of the impact of the new axle load norms on the commercial vehicle (CV) Industry in India. The new norms, applicable from16 July 2018, are meant to bring gross vehicle weights (GVWs) in India at par with that of other global markets. The government believes this will help restrict the vehicle population in ...

The GCC automotive market was severely affected by the economic downturn arising from decline in oil prices. The region is however aiming to diversify its economy to decrease its reliance on the oil sector. This will prevent the oil price from having such a significant impact on its economy. Commercial vehicle (CV) sales have dropped year after ye...

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 ...

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...