TechNavio today launched its report Global Automobile Manufacturing Industry 2011-2015 based on an in-depth study covering APAC regions, Europe, North and South America and Middle East and Africa. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”One of the major trends in the Global Automobile Manufacturing Industry is the increasing number of automobile establishments. In addition, the increase in the number of automobile export is expected to further propel the growth of the Global Automobile Manufacturing industry. Thus, the future of the Global Automobile Manufacturing industry looks promising with many innovative products being introduced by vendors.”
According to the report, one of the major drivers is the increasing demand for automobiles from Brazil, Russia, India, and China (BRIC) countries. Steady economic growth in the BRIC countries has increased the demand for automobiles from these countries.
Further, the report also discusses how the increase in average wage rates has become one of the major challenges for the Global Automobile Manufacturing industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automobile-manufacturing-industr…
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TechNavio Announces the Publication of its Report – Global Automobile Manufacturing Industry 2011-2015
