Asia Oceania Automot

Automotive industry is key sector of economy for every developed and developing country. As automotive industry is becoming more and more standardized in terms of manufacturing and distribution, the level of competition has increased significantly. This has led to shift of most of auto-giant companies from developed countries to developing countries like China, India, Thailand, and Indonesia. Japan has emerged as the biggest supplier of highly advanced technology for automotive industry.
Low cost vehicles are driving the growth of automotive industry in emerging economies like china and India. It offers great opportunities for global players in these economies. Countries like Thailand, Indonesia, and Malaysia are expected to be the potential market for automobiles due to ASEAN free trade area. Moreover low labour cost, abundant labour force, increase in disposable income of people, improved standard of living has resulted in growth of automotive sector in Asia.
The passenger car segment has increased significantly both in terms of production and sales in Asia. China is the Asia’s main producer of automobiles and has emerged as number one producer of light vehicles.

The Asia Oceania automotive production market is broadly differentiated by geography, vehicle type, and fuel type. Report also provides detail review of market drivers, restraints, opportunities and challenges in Asia Oceania automotive industry. The major players in Asia Oceania region have also been identified and profiled. The key players in Asia Oceania automotive market are identified as Toyota, Nissan, Honda, Dongfeng Motor corp., GEELY motors, TATA motors etc.