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Sector Analysis
NewAutomotive Transmission and Clutch Technologies Market Trends, Sector Overview and Forecast to 2028
The global transmissions and clutches market is estimated at 175.8 mn units in 2023, recording a substantial annual growth of 8.2%. However, the sector posted a negative CAGR of 1.1% during 2018–23. Over the forecast period, the sector is expected to record a CAGR of 2.3% to reach 196.6 mn units by 2028. The top five companies operating in the global transmission and clutches are Aisin, Hyundai, Volkswagen, Suzuki Motor, Toyota, JATCO, and ZF Friedrichshafen. This report brings together multiple...
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Sector Analysis
Duty Free Retailing in Asia-Pacific, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape
Asia-Pacific duty free retail market recorded CAGR of 9.4% during 2010–2015 driven by increase in Chinese duty free spending and expansion of duty free retail space. Growing tourism, expansion of off-airport duty free locations, rising online duty free sales are key factors that will positively influence the regional duty free sales. However, devaluation of Chinese Yuan will reduce purchasing power of high spending Chinese duty free shoppers. To entice this cohort, majority of the Asian countries are easing their visa...