Asia automotive is the fastest growing region in the world, primarily, due to a saturating automotive industry of western world. China, India & ASEAN countries are the major driving markets for Asian automotive industry. RNCOS "Asian Automotive Industry (2007)" report provides objective analysis on Asian Automotive industry to explore the potential opportunities and challenges faced by the industry.
Key Findings
- Low cost Vehicles are driving the growth of automotive industry in emerging economy, such as China & India. It offers immense opportunities for global players in these economies.
- Asian countries, such as Thailand, Philippines, Indonesia, Malaysia, are expected to be the potential markets for automotives due to AFTA (ASEAN Free Trade Area).
- From long-term perspective, cheap financing and prices discounts, rising income levels, and infrastructure developments will drive the growth in majority of Asian automotive market.
- Thailand is emerging as a manufacturing hub for foreign automotive players, due to AFTA under which export tariff are very less.
- Poor infrastructure affecting the growth pattern in Asian automotive industry e.g. commercial vehicles dominates Indonesian and two wheelers in Sri Lankan automotive market due to the poor roads.
Key Issues and Facts Analyzed
- Automotive Industry performance of major Asian countries.
- What opportunities exist for the automobile players in Asian automotive industry?
- Major challenges and driving forces for Asian automotive industry.
- Who are the major competitors in Global Passenger car industry?
Key Players Analyzed
This section covers the key facts about major players currently operating in the Asian automotive industry, such as General Motors, Toyota Motor, Ford, Nissan, Honda, and Hyundai etc.
Research Methodology Used
Information Sources
Books, Newspapers, Trade Journals, and White papers, Industry portals, Government Agencies, Trade associations, Monitoring Industry News and developments, and Access to more than 3000 paid databases.
Analysis Method
Ratio Analysis, Historical Trend Analysis, Judgmental Forecasting and Cause and Effect Analysis.
