| Product Code | RCS00220 |
|---|---|
| Publication Date | November 2008 |
| Publisher | RNCOS |
| Product Type | Report |
| Pages | 95 |
According to our new research report Booming Russian Automobile Sector the Russian automotive industry is growing at a fast pace and emerging as one of the most competitive and dynamic industries at the world level. Government initiatives and incentives are filliping the industry and attracting the foreign players to the market. These foreign auto giants are establishing their car assembly lines in the country and capturing the domestic market.
Passenger car segment dominates the domestic market of Russia and is expanding due to increasing disposable income and low interest rate. This will further act as an attractant for the foreign investors to invest in the industry.
We expect that more foreign auto giants will enter the market in future to fill the demand and supply gap. At present, a large section of passenger car demand is satisfied by new imports and its share will grow in future as Russians are looking for latest technology and new designs. The commercial vehicle market will be dominated by the Light Commercial Vehicle (LCV) segment. The major part of this high demand will come from growing small and mediumscale businesses, coupled with increasing income.
The report provides exhaustive and extensive research on the burgeoning automobile industry of Russia. It defines the market structure and growth, discusses the market drivers, analyzes the future growth areas, and studies the various parameters of the market.
Key findings of Booming Russian Automobile Sector include:
Authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
RNCOS industry forecast and analysis is based on various macro and microeconomic factors, sector and industry specific databases and our inhouse statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
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