Total vehicle sales will reach its peak in 2016 as the vehicle de-registration and replacement process drives growth. Vehicle sales will grow by 67.3% in 2016 before entering a period of sustained decline for the remainder of our forecast period to 2020 .
Key Views
Total vehicle sales forecast to grow by 67.3% to 131,508 units in 2016.
Passenger vehicle sales forecast to outperform as any support offered to commercial vehicle sales via infrastructure projects are already priced into the market.
Passenger vehicle sales are forecast to grow by 88.5% to 115,950 units in 2016.
Commercial vehicle sales are forecast to contract by 9.0% to 15,558 units in 2016.
Full Report Details at
- http://www.fastmr.com/prod/1182913_singapore_autos_report_q3.aspx?afid=301
The Singapore Autos Report features the latest data and forecasts covering production, sales, imports and exports.
BMI Research's Singapore Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Singapore.
Key Benefits
Benchmark BMI's independent automotives industry forecasts on Singapore to test other views - a key input for successful budgetary and planning in the Singaporean automotives market.
Target business opportunities and risks in the Singaporean automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Singapore.
Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:
Sales and production of motorcycles in units; total production of units; production by vehicle type (including cars, commercial vehicles, trucks and buses); total vehicle fleet size in units; sales by vehicle type, including passenger cars and commercial vehicles; fleet size by vehicle type, including passenger car, commercial vehicles and motorcycles; total vehicle trade balance in units; vehicle trade balance by vehicle type, including passenger car, commercial vehicle and motorcycle; car ownership measured as car density per 1,000 people.
BMI’s Autos Risk Reward Index
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Just Published: "Singapore Autos Report Q3 2016"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001