PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Implementation of ASEAN Economic Community to Reduce Big Japanese Automakers' Dominance in the Region Says Frost & Sullivan - The implementation of ASEAN Economic Community (AEC) in 2015 will likely reduce big Japanese automakers' dominance in the region which will be on a more level playing field, says Frost & Sullivan - Automotive.Frost.com
Implementation of ASEAN Economic Community to Reduce Big Japanese Automakers' Dominance in the Region Says Frost & Sullivan

 

NewswireToday - /newswire/ - Hong Kong, Hong Kong, 2013/02/06 - The implementation of ASEAN Economic Community (AEC) in 2015 will likely reduce big Japanese automakers' dominance in the region which will be on a more level playing field, says Frost & Sullivan - Automotive.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Mr. Dushyant Sinha, Principal Consultant, Automotive & Transportation Practice Asia Pacific at Frost & Sullivan said that smaller Japanese players such as Suzuki, Mitsubishi and Isuzu and new entrants will gain the most from the implementation of AEC, as the level playing field will make it easier to expand their presence and challenge incumbents.

"However, big Japanese OEMs are still likely to continue to lead the market," he added.

New analysis from Frost & Sullivan (automotive.frost.com) Strategic Growth Opportunities from AEC Implementation and New Government Policies in ASEAN finds that market realities and existential threat perceptions are the biggest drivers for AEC integration.

However, Dushyant said that given the sheer scope and complexities of various outstanding issues, there is a strong likelihood that closer to 2015 some of the elements of AEC will be put on hold.

He noted that Indonesia, Thailand and Malaysia are the key automotive markets in ASEAN, accounting for 89 per cent of the passenger car market. "However, at the global level, Indonesia, Thailand and Malaysia do not figure amongst the top-15 passenger car markets," he added.

He said that the BRIC countries are much bigger than the key ASEAN markets in terms of industry volume, and compete aggressively for investment in the automotive sector.

He added that as one market, ASEAN is currently at the cusp of a high growth phase, along with the BRIC markets.
"The low level of motorization in ASEAN indicates a strong growth potential, while the heavily motorized markets of Western Europe and North America represent a saturated replacement market," Dushyant said.

He added that the BRIC markets, led by China and India are the largest competitors for ASEAN in terms of market and investment. Their attractiveness stems from their larger market size and larger economies. As an integrated market, ASEAN will be more competitive and a better match to the BRIC economies, he added.

"Smaller markets, with their individual automotive sectors, will continue to be plagued with issues of productivity and efficiency. Sector integration will lend economies of scale which in turn will help reduce costs and improve competitiveness," he added.

Dushyant also said that the capital intensive nature of the automotive sector, coupled with the ever increasing competitive pressures, pushes for increased investment, both technical as well as financial, for the local industry to remain competitive and globally relevant.

He added that an integrated automotive sector will enhance ASEAN's attractiveness as an investment destination and help the local players, plagued with limited resources, to survive.

However, Dushyant said that political compulsions, accentuated by development divide serve as key restraints for the implementation of AEC.

He also said that local OEMs will find it challenging to maintain their existing market positions and some degree of consolidation is expected.

He added that automotive OEMs and suppliers should focus on increasing value and reducing cost of safety systems.

Dushyant said that within the automotive value chain, suppliers as a whole are better "hedged" to weather the impact of AEC due to their multi-client share of OE business and opportunities in the aftermarket segment.

He said that under the full implementation of the AEC, a structural change is likely in the automotive sector. "Local players, both OEMs and suppliers, stand to lose the most. Overall, market concentration is set to decrease," he added.

If you are interested in more information on this study, please send an email to Alice Chia, Corporate Communications Asia Pacific, at alice.chia[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Strategic Growth Opportunities from AEC Implementation and New Government Policies in ASEAN / P6DB-18

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Implementation of ASEAN Economic Community to Reduce Big Japanese Automakers' Dominance in the Region Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Alice Chia 
alice.chia[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan
Disruptive Impact of Global LNG Trade Fuels Growth Opportunities in the Medium-heavy Duty CNG and LNG Truck Market Finds Frost & Sullivan
Positive Outlook for the Indonesian Automotive Market Reports Frost & Sullivan
Fully Autonomous Vehicles Spur LIDAR Sensors Mass Adoption Finds Frost & Sullivan
Vehicle Financing Market - New Business Strategies Steer Rapid Growth Opportunities Finds Frost & Sullivan
Latin American OEMs Focus on Advanced Automotive Features to Trigger New Growth Opportunities Finds Frost & Sullivan
Truck Digitisation and Tech Developments in Freight will Boost Europe’s Commercial Vehicle Telematics Market Reports Frost & Sullivan
Collaborations with Technology Providers Offer European Automotive OEMs New Growth Opportunities Finds Frost & Sullivan
MAN Makes Inroads in Mexico
Interstate Batteries Takes Top Honors in Product Leadership for Overall Best Automotive Battery
The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)