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 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.comhttp://www.rncos.com/ |
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| Keywords |
Slovakia Automobile Sector Analysis, Automobile Sector, Automobile Sector in Slovakia |
| Category |
Automotive |
| Submission Date |
Jul 13, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Automotive |
| 1. |
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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| 4. |
Chinese Passenger Car Production Going Full Steam Ahead
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China became the world’s second largest car producer after Japan in 2007 by overtaking Germany, says our new research report, “China Automobile Sector to 2010”. The production of passenger cars in the country is estimated to have crossed 7 Million Units by 2008.
As per the research, passenger cars stock in China during 2004-2007 was very low in comparison to consumer purchasing power that was increasing rapidly. As a result, many international automobile players found Chinese automobile market attractive for investment.
The aspirations of buying passenger car in new working and middle-class population increased substantially with rise in average per head disposable income that surged by over 116% between 2001 and 2006. Consequently, the sale of passenger cars witnessed an impressive annual growth of nearly 22% during 2006-2007. Moreover, the affluent households are giving priority to personal vehicles for transportation, helping the auto industry to roll ahead, says the report.
The Chinese automobile industry is expected to continue witnessing growth in the next couple of years on account of changing lifestyle in tier 1 and 2 cities along with growing importance of transportation mode. Thus, manufacturers are likely to see high production scenario in coming years amidst the rising demand in the domestic market.
Passenger car is just a segment covered in “China Automobile Sector to 2010”. The research also provides extensive statistical data and rational analysis on commercial vehicles, LCVs, trucks, two-wheelers etc. It thoroughly discusses the rapidly growing automobile industry, key players and past trends that enable investors to evaluate opportunities for growth and plan their strategies accordingly. The report also gives information on future prospects, challenges, growth areas, and demand and supply.
The RNCOS study further provides forecast on important aspects of the industry, including premium from passenger cars, auto steel demand, automobile production structure, automobile production, passenger car stock, passenger car sales, sports utility vehicle sales and commercial vehicle sales.
For more information visit: http://www.rncos.com/Report/IM117.htm
Current Industry News: http://www.rncos.com/Blog/
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| 5. |
Russian Car Ownership to cross 300 per 1000 by 2013
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“Booming Russian Automobile Sector”, a new report from RNCOS, projects that the Russian automobile sector, a developing automobile market in Europe, will be able to reach the passenger car stock of over 300 per 1,000 people by 2013 only. This is due to the global financial crisis that will majorly limit the passenger car sales in 2009 and will continue to make strides in the market in coming few years as well.
The most drastic effect of the economic slowdown on the Russian passenger car market will be seen in the running year (2009). Other than tight lending conditions, passenger car sales are expected to drop sharply in 2009 due to increasing unemployment and changing consumer buying priorities. And once the passenger car ownership drops in 2009, it will take at least another three years to cross the 300 mark.
However, the sales are projected to bounce back in 2010. This is due to the fact that Russia, being a developing country, has a low passenger car ownership per 1,000 people and thus, it will be a favorite destination for auto makers despite bad economic conditions in Europe. Declined lending rates, high discount at dealers’ end and increasing import tax on old models will further help the industry to regain growth in 2010.
“Booming Russian Automobile Sector” is an exhaustive and analytical study on the automobile industry in Russia. It provides credible research and objective analysis supported by statistical facts and figures on parameters that depicts the structure of the Russian automobile sector. It provides information on market in terms of new vehicles and used vehicle as well.
The report highlights the past, present and future trends and evaluates the drivers, emerging trends, roadblocks and opportunities for the market. Based on the thorough analysis, the report forecasts automotive sales and future outlook of industry sub-segments.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM551.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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