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29 Jul 2019  |  Asia Pacific

China’s Autonomous Vehicle Market, Forecast to 2025

Autonomous Vehicle Sales in China are Expected to Reach 1.5 Million Units by 2025

The Chinese automotive market is likely to shift into a higher intelligence level by 2025. The L1 and L2 autonomous vehicles are currently available in the market, with a total sales of 0.3 million units in 2018. Going forward, the market is likely to experience a positive compound annual growth rate (CAGR) of 28.4%, reaching 1.5 million unit shipm...

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03 Jul 2019  |  Asia Pacific

Assessment of Automotive Retailing in China, 2018

Engagement of Individual Offline Touchpoints and Omni-channel Interdependence to Transform China’s Automotive Retail Market

The automotive retail market in China is likely to undergo a market transformation from experiential service to experience engagement; as well as from a complete sales solution to an intensive sales solution from 2018 to 2025. The automotive retail market is experiencing its maturity and a marketing approach of “everyone is a potential consumer...

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26 Jun 2019  |  Asia Pacific

Strategic Analysis of the Chinese eHailing Market, 2018

The Market is Expected to Grow at a CAGR of 5.8% and Surpass Revenue of Approximately $303.66 Billion in 2025

The Chinese eHailing market is expected to witness a positive growth at a compound annual growth rate (CAGR) of 5.8% from 2018 to 2025. The revenue of eHailing market is expected to increase from $205.23 billion in 2018 to $303.66 billion in 2025. Private hire eHailing market revenue held 55.4% share, whereas public taxi eHailing accounted for 44.6...

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30 Jan 2020  |  Asia Pacific

Japanese Light Vehicle Leasing Market, Forecast to 2023

The Japanese Leasing Industry is Healthy and Expects Promising Growth Prospects Driven by Operational Leasing in Both the Corporate and Private Market Segments

Fleet renewals were the major driver for new company car registrations as a strained economy caused fluctuations in total registrations over the past few years. The benefits of leasing (unlike owning) has boosted the transition from a loan purchase system to a full service operational leasing system since it has enabled corporates to focus on their...

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31 Jan 2020  |  Asia Pacific

Light Vehicle Leasing Market in South Korea, Forecast to 2023

While Favorable Policies Create a Mature Leasing Market, Rising User Demand Causes Leasing Companies to Evolve into End-to-End Mobility Providers

Fleet registration is expected to grow, aided mainly by registrations in the company car fleet. Company cars, which are provided mainly for work purposes in South Korea, are experiencing increased demand from industries and corporate firms. Leasing, comprising operational leasing and financial leasing, is the major sourcing channel for company cars...

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03 Feb 2020  |  Asia Pacific

Chinese Light Vehicle Leasing Market, Forecast to 2023

New Company Car Registrations in Financial and Operational Leasing are Expected to Record Good Growth, Reaching About 300,000 Units by 2023

The Chinese fleet leasing market is in the early stages of development. New company car registrations in China are expected to grow slowly mainly due to fierce competition from mobility service providers offering instant and convenient private car hailing services. Moreover, the country has a well-developed public transportation network that consti...

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05 Feb 2020  |  Asia Pacific

Light Vehicle Leasing Market in Australia, Forecast to 2023

The Australian Leasing Industry was Mainly Characterised by Fleet Leasing in 2018; However, the Continuous Rise of Private Lease (Novated Lease) is Gradually Shifting Companies’ Attention to Individuals

The Australian leasing industry was mainly characterised by fleet leasing in 2018, but private lease is experiencing rapid growth as it combines the benefits of both fleet and private lease. However, consumer interest in new powertrains such as electric and hybrid vehicles is insignificant, which keeps the country a long way behind the EU and the U...

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15 May 2020  |  Asia Pacific

Analysis of the Two-wheeler Motorcycle Market in Key ASEAN Countries, Forecast to 2020

The Market is Highly Concentrated and is Led By Honda, and this Trend Will Continue Throughout the Forecast Period

In 2019, the key ASEAN countries under discussion in this study—Indonesia, Thailand, and Vietnam—sold a total of 11.5 million units of two-wheeler motorcycles, which was 0.7Percentage lower than the 11.6 million units sold in 2018. The 3 countries have established a cumulative annual production capacity of approximately 21.4 million units. Viet...

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05 Dec 2019  |  Asia Pacific

Strategic Analysis of Two-wheeler Motorcycle Market in China, 2018–2025

Two-wheeler Motorcycles with Low Engine Displacement are Expected to Enhance their Dominance by 2025

In 2018, China produced about 14 million units of two-wheeler motorcycles. Among them, domestic sales accounted for 47.6% and 52.4% of sales was contributed by export activities. This is a mature market. The country is experiencing market decline for two-wheeler motorcycles due to government regulations, such as driving restrictions in designated a...

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04 Dec 2019  |  Asia Pacific

Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018–2025

The Market is Driven by Government Efforts to Make EV Viable by Promoting Local Manufacturing Through Incentives and Privileges

In 2018, the penetration of electric vehicles, including Plug-In Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) in the total auto sales in Thailand was less than 1%. For instance, there were only 57 units of BEVs and 8,745 units of PHEVs were sold. PHEVs in the Thai market are premium vehicles and there are no mass-market models av...

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