Press release
Sri Lanka, Bangladesh, Nepal and Bhutan Automotive (Light Vehicle, Heavy Vehicle, Two Wheelers, Taxi, Earth Moving Equipment, Power Tiller, Medium Vehicles, Heavy Buses, Tractor, Medium Buses, Electric Vehicle) Industry Outlook to 2025: Ken Research
Automotive Market Overview and Size
Covid-19 pandemic has drastically affected the supply chain in automotive sector and dampened the consumer spending in these countries, resulting in reduced sales. The growth over the years in these countries has been gradual. In Bhutan, the CAGR over the years has been positive which expounds the expansion of automotive sector in the country. Although, government in Bhutan is trying to discourage the use of private vehicles in order to meet its sustainability goals and preserve the rich environment of country by increasing the taxes. Whereas, in Bangladesh government has heavily incentivized the sector by reducing taxes; the result has been a healthy growth of the sector.
For More Info @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/automotive-industry-outlook-to-2025-coverage-on-bhutan-sri-lanka-bangladesh-and-nepal/476499-100.html
Automotive Market Segmentation
The automotive industry is affected by multitudes of factors. Government regulation and policies play a significant role in the growth of this sector. The unit sale of the automotive sector acts as an indicator of consumer spending in the country. Similarly, when consumer spending shrank in Covid-19, the unit sale of cars also went down.
By Type of Vehicle: In our report, we have considered all major types of vehicles considering Light Vehicles, Heavy Vehicles, Two Wheelers, Taxi, Earth Moving Equipment, Power Tiller, Medium Vehicles, Heavy Buses, Tractor, Medium Buses, Electric Vehicles.
By OEM: Majority of the cars in these countries are either imported from Japan or a Japanese manufacturer produces in the country. We have introduced the unit sale and market share for these OEM as per the conditions prevailing in the respective countries.
Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDc2NDk5
Competitive Landscape of Automotive Market:
The competition in the Automotive Market across Nepal Bhutan Sri Lanka and Bangladesh is fairly concentrated and following a common trend where leading manufacturer are associated with Japan or South Korea with around ~30% share in the market. The major Automotive OEM include Toyota, Mitsubishi, Honda, Hyundai
Nissan and few other. Production Capacity, Pricing, Range, Speed, Technology, Maintenance Cost, Export Volume are the key competing parameters for the Automotive manufactures in the considered countries.
Automotive Market Future Outlook and Projections
The Automotive Market across Nepal, Bhutan, Sri Lanka and Bangladesh is growing rapidly with each country facing its specific bottlenecks. Government Regulations and tax incentives drive these markets heavily. They also have an effect on the consumer spending which directly effects the sales of all kinds of vehicles, heavy as well as light weight vehicles. The new found confidence in the Nepal Bhutan Sri Lanka and Bangladesh economic ecosystem has boasted the manufacturing and the purchase of vehicles in these countries. The report forecasts the CAGR for the 2020 to 2025 in Nepal Bhutan Sri Lanka and Bangladesh for Automotive Sector to be strong with positive outlook towards further growth.
For More Details @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/automotive-industry-outlook-to-2025-coverage-on-bhutan-sri-lanka-bangladesh-and-nepal/476499-100.html
Key Segments Covered
By Type of Vehicle
By OEM
By Region (Bhutan only)
Automotive OEMs Covered in the Report
Toyota
Mitsubishi
Hyundai
Honda
TVS
Hero
Audi
Nissan
Bajaj Auto
Maruti Suzuki
Key Target Audience
Automotive OEMs
Consultancy Companies
Industry Associations
Regulatory Bodies
Time Period Captured in the Report:-
Historical Period– 2016-2020
Forecast Period– 2020-2025
Related Reports
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-car-rental-leasing-and-limousine-market-outlook-to-2025/473031-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/uae-e-commerce-logistics-market-outlook-to-2025/466156-100.html
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/china-logistics-and-warehousing-market-outlook-to-2025/448554-100.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sri Lanka, Bangladesh, Nepal and Bhutan Automotive (Light Vehicle, Heavy Vehicle, Two Wheelers, Taxi, Earth Moving Equipment, Power Tiller, Medium Vehicles, Heavy Buses, Tractor, Medium Buses, Electric Vehicle) Industry Outlook to 2025: Ken Research here
News-ID: 2422730 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for Auto
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Automotive Valve Market: Worldwide Auto-Accessory, SEECO, Dengyun Auto-parts
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Valve Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This industry study presents the global Automotive Valve market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Valve production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Valve in volume terms are also provided for major countries…
Global Three Wheelers Market 2017- Bajaj Auto Limited, Atul Auto Limited
Apex Market Reports, recently published a detailed market research study focused on the "Global Three Wheelers Market" across the global, regional and country level. The report provides 360° analysis of "Global Three Wheelers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Three Wheelers industry, and estimates the future trend of Global…
Dallas Auto Paint Offers The Best Auto Body Repair Services
Best Auto Body Repair Services in Dallas, TX
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient…
Dallas Auto Paint Offering You the Best Auto Body Repair Services
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient than its traditional counterpart. For shallow dents,…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
