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13 Jul 2021  |  South Asia, Middle East & North Africa
Innovative Business Models Propels Future Growth Potential
In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle afte...
03 Jun 2021  |  South Asia, Middle East & North Africa
Battery Swapping, Emerging New Business Models, and Growing Charging Infrastructure are Expected to Drive Electric Vehicles in India
Battery Swapping, Emerging New Business Models & Growing Charging Infrastructure are expected to drive the Electric Vehicle Industry in India Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions...
31 Mar 2021  |  South Asia, Middle East & North Africa
New Business Models Involving Virtual Showrooms, Online Platforms, and Subscription Services Create Growth Opportunities
Indias automotive industry is one of the 5 largest in the world. Currently, the countrys passenger vehicle (PV) sector accounts for nearly 7.5% of gross domestic product (GDP) and nearly 49.0% of manufacturing GDP. In the recent past, the Indian PV industry took a massive qualitative jump as vehicles became increasingly safer and environment-friend...
01 Feb 2021  |  South Asia, Middle East & North Africa
Transformational Growth in Pre-owned Vehicle Sales Until 2025
The COVID-19 outbreak has had a significant impact on all industries per se. Businesses disrupted by the pandemic are looking at revival and grappling with the new normal. The automotive industry is no exception. Mobility and mobility-related solutions lie hampered not just in India but across the word, with the last few months witnessing plungin...
11 Jan 2021  |  South Asia, Middle East & North Africa
Disruptive Technologies and Innovative Business Models Transforming the Transport Management System Market in India
Growth of the eCommerce Industry, Digital Transformation of Logistics Operations, and Shifting End-user Preference towards Low Cost of Ownership to Drive Uptake of TMS Solutions
The transport management system (TMS) market in India is estimated to register double-digit CAGR from 2019 to 2028. Growth of the eCommerce industry, digital transformation of logistic operations, and shifting end-user preference towards low cost of ownership will drive the growth of TMS solutions in the country. This study covers the TMS software ...
23 Dec 2020  |  South Asia, Middle East & North Africa
A Benchmarking System to Spark Companies to Action—Innovation That Fuels New Deal Flow and Growth Pipelines
The Indian automotive tyre market is one of the largest in the world. Its value was estimated at $8,081 million as of FY20, including the original equipment (OE) supply, aftermarket, and exports. The passenger vehicle (PV) and commercial vehicle (CV) tyre segments together contribute almost 40% to the overall volume. These two segments are the bigg...
18 Dec 2020  |  South Asia, Middle East & North Africa
Surge in EV Sales and Growth of eCommerce Businesses to Drive New Growth Opportunities
This study discusses the post-pandemic growth opportunities in the Indian two-wheeler (2W) market. It also analyzes the segment-wise impact of Coronavirus (COVID-19) on 2W sales in the country. The need for personal transport has increased during the pandemic, and this will boost the sales of 2Ws in the short term as they are the cheapest mode of p...
11 Dec 2020  |  South Asia, Middle East & North Africa
Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry
Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies
The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...
07 Dec 2020  |  South Asia, Middle East & North Africa
India Follows Global Safety Systems With the Introduction of New Active and Passive Safety Mandates through Bharat New Vehicle Safety Assessment Program (BNVSAP)
The automotive industry is at a tipping point, with factors such as increasing urbanization and congestion, shifting consumer behavior toward connectivity, transition toward electric vehicles, and many more disrupting the changing dynamics of the market. One such factor that has garnered attention across the globe is the rising focus on reducing ro...
19 Nov 2020  |  South Asia, Middle East & North Africa
Frost Radar™: Innovative Cloud-based SaaS Business Models are Driving GCC Connected Truck Telematics Market Growth
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The connected truck telematics market in the Gulf Cooperation Council (GCC) region is poised for slow growth due to the current perilous economic conditions. As awareness of telematics increases among the user community, especially for vehicle tracking and the monitoring of various user-based parameters, the technology will witness gradual acceptan...