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16 Sep 2014  |  South Asia, Middle East & North Africa
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 ...
09 Sep 2014  |  South Asia, Middle East & North Africa
More Automakers are Expected to Use Online and Digital Modes to Complement Traditional Sales
This Market Insight finds that car companies in India will increasingly apply an omnichannel strategy to help market and sell their cars to customers. New cars will be sold via a number of channels, leveraging existing dealer networks and new flagship stores, as well as online and mobile channels. Since 2006, about 4,500 new cars were sold online. ...
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20 Aug 2014  |  South Asia, Middle East & North Africa
Super Compacts and Compact SUVs Priced Aggressively to Drive the Market
Driven by aggressive pricing, the Indian passenger vehicle market is expected to grow with launch of entry level sedans (super compacts) and compact SUVs until 2019. Domestic sales of PVs in India decreased from 2,686,768 units in FY 2013 to 2,431,250 units in FY 2014, registering a decline of 9.5% due to the increase in fuel cost, lending rate, an...
12 Aug 2014  |  South Asia, Middle East & North Africa
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...
09 Jul 2014  |  South Asia, Middle East & North Africa
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...
02 Jun 2014  |  South Asia, Middle East & North Africa
Framework and Ecosystem Fostering EV and Hybrid Vehicle Market
The total electric and hybrid vehicle market is in a formative stage in India, except for the two-wheeler market, which is gradually creating opportunities for OEMs. Intermittent support from the government, without the kind that allows OEMs to grow consistently, curbed the market growth in the past. This research for the industry under study was b...