Lucintel Anticipates Indian Auto Component Market to Reach $94.9 Billion by 2019

Increasing automotive production and various plans initiated by the Government are likely to boost the Indian auto component industry. Indian auto component industry is expected to reach $94.9 billion in 2019 promising huge opportunity for the firms operating across the value chain of auto component industry.  Electricals segment is expected to register highest CAGR among all the other segments during 2014-2019 due to the growing demand of electric start mechanism in two-wheeler segments and increasing penetration of electronic device to enhance fuel efficiency. Lucintel, a leading global ...
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Lucintel Analysis: New Capacity Buildings are Expected to Intensify the Rivalry in Global LFRT Market

Long Fiber Reinforced Thermoplastic (LFRT), with its higher performance characteristics than traditional and other thermoset materials, is likely to gain greater acceptance in different applications segments. The LFRT market is shifting from a seller “push” to a buyer “pull” situation. SABIC and Ticona are the market leaders with diversified product portfolio, strong geographical reach, and high strategic initiatives. Over the next five years, suppliers focusing on emerging application segments and emerging markets are likely to capture a larger market share in global LFRT market. L...
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Lucintel’s PESTLE Analysis of Nigeria 2013: Growth in Telecom, Construction, and Hotel & Restaurants Industries to Drive Nigeria during Forecast Period

The Nigerian economy is likely to be driven by growth in the telecommunications, building and construction, and hotel & restaurants industries during the forecast period. Recovery of the global economy, particularly European countries would positively impact the Nigerian economy. Oil and gas is one of the major sectors of the country, contributing significantly to total export. Increase in international oil prices would boost the oil and gas sector as well as the economy. The Nigerian economy is likely to grow to $384 billion at the current price by 2018 at a CAGR of 6.8% during 2013-2018....
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Lucintel Projects Global Defense Land Vehicle Industry to Grow at a CAGR of 1.7% during 2014-2020

Increasing terrorism and domestic disputes are the major factors encouraging deployment of advanced military armaments across the globe. Global defense land vehicle industry is highly dependent on government military expenditures which have seen considerable reduction in the recent years due to economic slowdown. Lucintel expects a flat growth in the industry considering the recent cuts in defense budgets, in North America and Europe, with increasing demand from developing nations. Global defense land vehicle industry is expected to reach $32.7 billion in 2020 promising valuable opportunity fo...
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