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ASEAN Automotive Manufacturing : ASEAN to be a Key Automotive Manufacturing Hub by 2017

  • December 2014
  • 60 pages
  • Frost & Sullivan
Report ID: 2560738

Summary

Table of Contents

Key Findings

Association of South East Asian Nations (ASEAN) offers considerable opportunities to global automakers. Thailand leads ASEAN automotive production, followed by Indonesia. Passenger vehicles dominate automotive production in the region and Japanese automakers dominate automotive manufacturing in ASEAN.
Production volumes in ASEAN are driven by high exports and domestic demand, and government support through incentive programs that support OEM capacity expansions. However, production growth in the region also faces certain restraints such as stricter regulations, taxes, and increasing labor and raw material costs.
Thailand made a recovery in 2012 after a decline in production in 2011 due to disastrous floods. Driven by the phenomenal success of the Phase 1 Eco-Car Program, along with the First-Car Buyer Incentive Scheme, Thailand saw record automotive production in 2012. The popular pickup segment continued to dominate the production chain, driven by Japanese brands such as Toyota and Mitsubishi that led the market.

Automotive production in Indonesia surpassed the x million mark in 2012. The significant growth has been the result of the Low Carbon Emissions-Low Cost Green Car (LCE-LCGC) program that introduced new car segments into the market and drove production growth. Passenger vehicles dominated with x % of production volume.
In 2012, Malaysian production volume constituted x % of the total production in ASEAN. Passenger vehicles accounted for x % of its total production volume. National car makers held more than x % of the market share in terms of total vehicle production in 2012.

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Related Market Segments :

Motor Vehicle
Automotive

ref:plp2014

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