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25 Mar 2020  |  South Asia, Middle East & North Africa
Sales Decline by 9.1% and Reach 3.0 Million Units in FY 2020, Owing to BS-VI Implementation and Weak Buying Sentiments
Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV market in India are e...
27 Feb 2020  |  South Asia, Middle East & North Africa
The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown
The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...
23 Jul 2018  |  South Asia, Middle East & North Africa
Growing Vehicle Parc, Technology Evolution Inside the Car, and Increased Disposable Income to Drive the Indian Infotainment Market
The rising standards of living and a burgeoning, upwardly mobile middle class with high disposable incomes and increased Internet penetration are the key factors responsible for the growth of the infotainment system market in the Indian passenger vehicle (PV) industry. GenY, working age population, working women, and the Indian middle class continu...
19 Dec 2014  |  South Asia, Middle East & North Africa
UAE, KSA, and Qatar are Emerging as Strategic Hotspots for Global Off Highway Vehicle Manufacturers
Motors are a significant component in most industries, and growth in key infrastructure sectors is likely to spur demand for the OHV market in UAE, KSA, and Qatar. The market has been analyzed in terms of building construction, construction machinery, and material handling. Market dynamics, such as drivers and restraints, competitive environment, a...