Vietnam Automobile Industry Attaining New Heights

Press release   •   May 29, 2014 17:26 IST

Vietnam Automobile market, although at an evolving stage at present, is predicted to mature considerably well in the coming years. The market in Vietnam is expected to grow due to high demand for cars and strong government support. Furthermore, competition is high among top auto makers to establish their space among others in the market and understand the needs and requirements of the Vietnamese customer. Considering the above factors, the global fuel cell market is projected to grow at a CAGR of around 8.2% during the forecast period 2014-2014.

Research Analysis & Highlights

The report “Vietnam Automobile Industry Forecast 2018”, by RNCOS spread over 50 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the automobile sector in Vietnam. The report covers analysis of industry performance in terms of production, sales and imports. Further, to clear the state of affordability of the consumers, our research includes profound study of economic levels and income distribution in the country. Besides that, the report exhibits the emerging trends and drivers which are boosting the automobile sector in Vietnam.

In automobile production section, the market is analyzed by breaking it down into two major segments viz. Passenger Cars and Commercial Vehicles while in sales section, sales of Passenger Cars, Multi Purpose Vehicles, Sports Utility Vehicles and Mini Buses have been studied. Also, to provide a comprehensive view, we have taken into account the motorcycle market in Vietnam and a competitive view of its declining pattern.  

In addition to that, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our clients. Additionally, we have also covered the key strength and weakness along with recent activities by these players to build up their position automobile industry. In all, the report presents a comprehensive look at the sector’s past, present, and future scenario.

Some of the report’s key highlights include:

- Rising Alliances among Automaker boosting the Market Growth
- Government policies favor growth in automobile sector   
- New market for luxury cars explored  
- Industry makes a sustainable growth
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM692.htm

Some of our Related Reports are:

- Vietnam Financial Forecast 2018
- Booming Automobile Sector in China
- Vietnam Retail Market Outlook 2017

Check Related REPORTS on: http://www.rncos.com/Transportation.htm


RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.