Strategic Insight of the Korean Automotive Market Higher Incomes and an Open Economy Rev up Growth in the Korean Automotive Market Ground Transportation Analyst Team Frost & Sullivan “The rise in disposable incomes, favorable vehicle financing norms and reduced taxes are driving growth of multi-purpose vehicles (MPV), recreational vehicles (RVs), and passenger cars in the Korean automotive market.”
Frost & Sullivan’s report provides: Analysis of all vehicle segments Analysis of the auto component industry Current developments and trends Drivers, restraints and challenges facing the market Market sizing and competitive analysis Market forecasts Key Features
Rising disposable incomes and higher spending on leisure activities leading to increasing sales of multi-purpose vehicles Increasing imports of passenger cars, high-powered motorcycles and heavy duty trucks Increasing competition in the mid-sized car market Increasing international focus of the domestic auto component industry Increasing foreign participation in the domestic component market Industry Trends
Current Market Participants Find out how you compare to the competition Assess current and future drivers and restraints Determine and exploit new market share opportunities New Entrants Analyze challenges associated with the industry Calculate time scales for strategy implementation Position yourself to capitalize on the market’s unmet needs Investment Community Analyze long-term strategies of companies Determine which participants will outperform the competition Assess attractiveness of investing in the market Who Will Benefit?
Daelim Motor Co., Ltd. Daewoo Motor Sales Corp. Delco Remy Korea Ltd. Denso PS Corp. Fag Hanwha Bearings Corp. Halla Climate Control Corp. Hyosung Motors & Machinery, Inc. Hyundai Mobis Co. Hyundai Motor Company Kia Motors Corp. Key Market Participants Korea Automotive Systems Co., Ltd (KASCO) Korea Delphi Automotive Systems Corp. Mando Corp. Renault Samsung Motor Samlip Ind. Co., Ltd. Sejong Industrial Co., Ltd. Seojin Industrial Co., Ltd Ssangyong Motor Company CZ WIA Corp.
Call toll free 877 G O F ROST ( ) Fax toll free Visit For More Information