RNCOS Releases a New Report- Slovakia Automobile Sector AnalysisBy: Shushmul Maheshwari
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RNCOS Releases a New Report- Slovakia Automobile Sector Analysis
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RNCOS has recently added a new Market Research Report titled, “Slovakia Automobile Sector Analysis” to its report gallery. Slovakia, the third-largest automotive manufacturer in central Europe, is among the fastest growing automotive markets in the Central & Eastern European Region (CEE), with the industry production growing almost two-fold (93%) in 2007 from the previous year. In percentage terms, the Slovakian automobile industry expanded by 93.3%. However, the country manufactures most of its automobiles for export, and this trend will continue in future, says the market research report “Slovakia Automobile Sector Analysis”.
This report provides a comprehensive review on the growth rationales, challenges and market prospects for the Slovakia automotive industry. It gives a detailed overview on the industry segmented into turnover, production, sales, export and investment, and predicts the future direction of the industry.
Key Highlights of the Report
- The automotive industry is the main driver of the Slovak economy, with the sector accounting for around 35% of total industrial production in 2007.
- Total production of the Slovakian automotive industry surged huge 93.3% and reached 571,071 Units in 2007 as compared to the previous year.
- Slovakia’s geographical location and relatively cheap labor force drives its automotive industry.
- From longer-term perspective, R&D will play a greater role to increase the chances of sustained growth once Slovakia’s advantage in terms of labor costs disappears.
- The Slovakian automobile industry is export-oriented. In 2007, the total automotive export from the country reached 564 Billion SKK (US$ 27.07 Billion) as compared to 402 Billion SKK (US$ 19.30 Billion) in 2005.
- Entry of new market players such as PSA and KIA will diversify Slovakia’s automotive industry and will help it to grow further.
Key Issues & Facts Analyzed in the Report
- What are growth rationales and market prospects of Slovakia automotive industry?
- What is the current statistics of the Slovakia automotive industry?
- Where does the Slovakia auto industry stand vis-a-vis the European auto industry?
- What are the challenges for the industry?
- Who are the Key players in the industry?
Key Industry Players Analyzed in the Report
This section covers the key facts about major players currently operating in the Slovakia automotive sector such as Volkswagen, PSA and KIA Motors.
Research Methodology Used
Information Sources
Information in this report has been sourced from 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.
Analysis Method
The analysis methods used in the report include ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis.
For more information visit: http://rncos.com/Report/IM132.htm
Current Industry News: http://www.rncos.com/Blog/http://www.rncos.com/ |
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| Keywords |
ovakia Automobile Sector Analysis, Automobile Sector, Automobile Sector in Slovakia |
| Category |
Automotive |
| Submission Date |
Apr 15, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Automotive |
| 1. |
Slovakia Auto Industry Drawing FDI despite Recession
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Slovakia, the newest member of euro zone, is expected to see slowdown much faster than previously predicted in the current year, as per the latest statistics by the Organisation for Economic Cooperation and Development. Although the growth prospects are bleak, the country will manage to register 2% growth and safely avoid the recession hitting its contemporaries.
The main reason for low impact of recession on Slovakia is the adoption of euro in January 2009 that partially sheltered the country from disturbances in the currency markets, said a senior research analyst at RNCOS. However, the country still has to take a number of initiatives, including raising flexibility in its labor and product markets, reforms in housing policies and improvement in fiscal policy, to avoid boom-bust scenario.
Analyst added that Slovakia succeeded in protecting its banks from the financial market meltdown due to their limited exposure to toxic assets. But the economy that relies heavily on exports like cars is expected to be hit by weak demand for such goods in the Western countries. As the automotive sector constitutes one of the key economic pillars of Slovakia, its expansion helped the GDP to rise to an EU high of 10.4% in 2007.
A new research report by RNCOS, “Slovakia Automobile Sector Analysis” also states that Slovakia has emerged as an attractive location for automotive industry in past few years that has led to heavy flow of FDI in the country, particularly in automotive sector. Slovakia has an edge in saving cost that helped its automobile production to grow immensely.
Analyzing all these benefits, RNCOS analyst said that Slovakia is a low cost production center in comparison to developed countries such as Japan, Germany and the US during recession. Low cost production makes Slovakia more attractive to players to set up their manufacturing utilities.
“Slovakia Automobile Sector Analysis” provides detailed information on growth drivers, challenges and future prospects for the automotive industry in Slovakia. The report also gives comprehensive overview on various segments of the industry, including turnover, production, export, investment, sales and predicts the future direction of the industry. It provides forecast on automobile registration, employment in automobile industry and new passenger car sales by country.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM132.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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| 2. |
RNCOS Releases a New Report- Slovakia Automobile Sector Analysis
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RNCOS has recently added a new Market Research Report titled, “Slovakia Automobile Sector Analysis” to its report gallery. Slovakia, the third-largest automotive manufacturer in central Europe, is among the fastest growing automotive markets in the Central & Eastern European Region (CEE), with the industry production growing almost two-fold (93%) in 2007 from the previous year. In percentage terms, the Slovakian automobile industry expanded by 93.3%. However, the country manufactures most of its automobiles for export, and this trend will continue in future, says the market research report “Slovakia Automobile Sector Analysis”.
This report provides a comprehensive review on the growth rationales, challenges and market prospects for the Slovakia automotive industry. It gives a detailed overview on the industry segmented into turnover, production, sales, export and investment, and predicts the future direction of the industry.
Key Highlights of the Report
- The automotive industry is the main driver of the Slovak economy, with the sector accounting for around 35% of total industrial production in 2007.
- Total production of the Slovakian automotive industry surged huge 93.3% and reached 571,071 Units in 2007 as compared to the previous year.
- Slovakia’s geographical location and relatively cheap labor force drives its automotive industry.
- From longer-term perspective, R&D will play a greater role to increase the chances of sustained growth once Slovakia’s advantage in terms of labor costs disappears.
- The Slovakian automobile industry is export-oriented. In 2007, the total automotive export from the country reached 564 Billion SKK (US$ 27.07 Billion) as compared to 402 Billion SKK (US$ 19.30 Billion) in 2005.
- Entry of new market players such as PSA and KIA will diversify Slovakia’s automotive industry and will help it to grow further.
Key Issues & Facts Analyzed in the Report
- What are growth rationales and market prospects of Slovakia automotive industry?
- What is the current statistics of the Slovakia automotive industry?
- Where does the Slovakia auto industry stands vis-a-vis the European auto industry?
- What are the challenges for the industry?
- Who are the Key players in the industry?
Key Industry Players Analyzed in the Report
This section covers the key facts about major players currently operating in the Slovakia automotive sector such as Volkswagen, PSA and KIA Motors.
Research Methodology Used
Information Sources
Information in this report has been sourced from 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.
Analysis Method
The analysis methods used in the report include ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM132.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 3. |
Civil Aircrafts to Drive Aerospace Industry
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According to our new research report, “Aerospace Industry Forecast to 2013”, the civil aerospace segment has been driving growth in the global aerospace industry. The segment currently accounts for an estimated 25% of the global aerospace industry. In future, this share is anticipated to increase significantly on the back of increasing air passenger traffic.
The number of air passengers world-wide has substantial increased over the last few years. For instance, more than 2 Billion people traveled by air in 2006, pushing growth in the global air travel industry. Rising number of air passenger is primarily accredited to low cost airlines, growth in the global economy creating financial resources for more and more people to fly, larger planes as well as bigger and increasing number of airports. Moreover, the demand for civil aircrafts is escalating worldwide in the backdrop of increasing air travel and business activities among countries.
The future growth in civil aircraft industry can also be analyzed with the fact that airlines worldwide will require around 30,000 civil airplanes with a total value of more than US$ 3 Trillion in the next 20 years. Majority of this demand will come from emerging markets. India one of the fastest growing market will require more than 1,000 civil aircrafts worth around US$ 105 Billion in the next 20 years. Thus, increasing demand by the emerging economies will fuel growth in the civil aircraft industry.
“Aerospace Industry Forecast to 2013” provides an exhaustive research and rational analysis on the global aerospace market. This extensive research will help clients to identify market trends and evaluate leading-edge opportunities critical for the success of the global aerospace industry. The report also gives an overview on various factors stimulating growth in the aerospace market together with challenges faced by the industry.
The report covers detailed industry overview and future perspective of major developed countries including the US, Canada, Japan, United Kingdom, France and Germany. It also covers industry overview and future perspective of emerging countries such as China, India, Mexico and Brazil.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM176.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 4. |
Get Your Tyres Checked By Specialists in Abergavenny.
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As summer approaches many of us will be starting to plan our summer holidays. However, with the economic climate as it is jetting off to far away places may not be possible for all of us.
The result of this is that many people could be staying in the UK for their holidays, choosing to drive to British seaside destinations rather than fly halfway across the world.
If you are choosing to drive to the beach this summer it is essential that your car is in the best shape possible, this includes its tyres.
Some specialists in tyres Abergavenny area can provide a complete tyre check to ensure that your car is safe to drive before you set off. Their mechanics can also use their expertise to fix a variety of problems, such as punctures to ensure that your journey runs as smoothly as possible.
However, if after a thorough check they decide that your tyres need to be replaced they could also offer advice on the best new products to suit your vehicle, before supplying and fitting them in-house.
Some companies will be able to offer a wide range of tyres for a variety of vehicles at competitive prices and with no hidden charges. Some may even be able to offer products with manufacturers guarantees as standard, so whatever happens to your tyres they are covered.
Just some of the brands of tyres that companies may supply are, Dunlop, Goodyear and Michelin.
As well as adding new tyres to your vehicle, some specialists could also supply alloys to complete the look. Alloy wheels come in a variety of styles to suit every type of car.
So if you are planning to holiday in the UK this year and are concerned about getting there safely, get your tyres checked by a fully qualified mechanic in the Abergavenny area.
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