An analysis by China Research Institute (CRI), based on data provided by the Southern Automobile Manufacturers Association (VAMA), indicates that VAMA member units experienced a substantial increase in vehicle sales during 2022. The total number of vehicles sold reached 404,600 units, representing a notable 33% growth compared to the previous year, 2021. Vietnam’s auto market […]
The Southeast Asia automobile market has witnessed significant growth and transformation in recent years, reflecting the region’s economic development and rising consumer demand. Comprising countries such as Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, this dynamic market has become a focal point for global automotive industry players.
Indonesia’s light truck industry is poised for significant growth in the coming years, with a robust market outlook driven by several key factors.
The Vietnam’s light truck market is experiencing significant growth, with several notable companies, including Ford Ranger, Mazda BT-50, Mitsubishi Triton, Nissan NP300 Navara, etc.
The recovery of Vietnam’s tourism industry, the continuous growth of passenger transportation, and the shift from fuel-powered to electric buses are expected to drive significant growth in the Vietnam’s bus industry.
The Philippine electric vehicle industry is poised for growth, thanks to a number of factors, including government incentives, increasing demand, and the availability of new models.
Explore Thailand’s dynamic automotive landscape with insights on the thriving Thailand Light Truck Industry. Discover growth, trends, and opportunities.
The automotive cybersecurity market is still in a nascent phase. Latest advancements in connected and autonomous vehicles and the growing number of electronic control units (ECUs) in electric vehicles are majorly responsible for the rapid growth of this market. Automotive cybersecurity solution providers are increasingly partnering with other key stakeholders in the automotive cybersecurity ecosystem […]
Global Automotive Integrated Antenna System Market to Reach $2,426.9 Million by 2031
The global next-generation automotive lighting market is projected to reach $38.85 billion by 2031 from $12.11 billion in 2022, growing at a CAGR of 13.83% during the forecast period 2022-2031.