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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
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...
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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
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...
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11 Feb 2021  |  Europe  |  Megatrends
A New Global Paradigm with China’s One Belt, One Road Initiative
Improved Connectivity and Reshaping of Trade Relations Leading to New Growth Opportunities
China envisions the revival of the ancient Silk Road, which previously facilitated trade with nations across Persia, Central Asia, and Europe for over 2,000 years, as a catalyst to unify both local and international markets through trade activities and trade routes. The introduction of the One Belt, One Road Initiative in 2013 seeks to develop a ne...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 3, 2017
Mounting Political Unrest to Lead to Economic Jeopardy
The growth outlook for the Middle East countries in Q3 2017 was somber amid burgeoning geopolitical crisis and ongoing low oil prices. The Saudi Arabian economy continued deterioration in 2017 registering negative growth rates in Q1 and Q2 2017 owing to The Organization of the Petroleum Exporting Countries (OPEC) agreement on curbing oil production...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 2, 2017
Economic Diversification Remains High
Low oil prices will continue to take a toll on the economic health of the gulf economies in the second quarter of 2017. Low energy prices leading to burgeoning fiscal deficit have adversely affected Qatar’s economic prospects. Output in the oil and gas sector remained flat and GDP growth appears to have contracted in Q1 2017. The multi-year $200 ...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 1, 2017
Economic Outlook Challenged by Oil Production Cuts
The economic outlook for the Middle Eastern countries is challenged by the continued oil price sluggishness. The fiscal consolidation measures will continue throughout 2017 to combat deficit and is expected to ease in 2018 if oil prices uptick. On one hand, the first half of 2017 is being characterized by Saudi Arabia led oil production cut agreeme...
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28 Dec 2017  |  Latin America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 4, 2017
Strong Consumption Expenditure Driving Growth
Regional economic growth in Latin America is expected to slow-down from 2.2% in 2016 to 2.15 in 2017. The region is expected to start growing strongly from 2018 with an anticipated economic growth of 2.5%. The growth with be supported by the expansion of the Manufacturing sector. Mexico and Panama are projected to register strong growth of manufact...
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28 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 4, 2017
Political Uncertainty Weighs on Economic Outlook
Mounting geopolitical risks dampen the growth outlook for the Middle East countries despite higher oil prices and strong global growth. The intensified political instability in Saudi Arabia with the large scale operation by the Crown Prince to curb corruption led to oil price hitting over two-year high. The economy is expected to stabilize in 2018,...
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19 Dec 2017  |  Asia Pacific  |  Market Outlook
Digital Transformation of Critical Communications for Public Safety in Australia, Forecast to 2022
Move towards LTE and the Leverage of 5G and IoT to Drive the Digital Transition
Meeting the interoperability and technological needs of first responders, the securitisation of data and network, the emergence of digital trends (5G, IoT, cloud, big data), meeting public expectations and heightened public safety issues (natural disasters and catastrophic incidents) are driving growth in critical communication solutions expenditur...
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15 Dec 2017  |  Europe  |  Megatrends
Urban Logistics Opportunities—Last-Mile Innovation
New Business Models are Unbundling the Urban Logistics Value Chain
The Logistics market is undergoing a major shift, with innovative solutions transforming the way goods and parcels are delivered. The industry is witnessing an influx of tech-savvy start-up firms that are introducing new, unique, value-added services, which are disrupting the overall supply chain ecosystem. The rise of start-up firms within the l...
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