ASEAN (Association of Southeast Asian Nations) Automotive Market Outlook Report 2022: Transformative Mega Trends Accelerate the Production and Sales of Hybrid and Electric Powertrain Solutions in ASEAN

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May 26, 2022, 14:45 ET

DUBLIN, May 26, 2022 /PRNewswire/ -- The "ASEAN Automotive Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.

This research service evaluates the Association of Southeast Asian Nations (ASEAN) automotive market, focusing on key countries, including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.

This study discusses passenger vehicles and pickup trucks (pickups). Pickups are the most common and popular commercial vehicles used daily in different geographies and industries, including agriculture. These vehicles hold the largest commercial vehicle segment share in the region.

ASEAN has automotive production bases in Indonesia, Malaysia, Thailand, and Vietnam. In addition, growth in GDP, urbanization, and road infrastructure accelerated the sales and adoption of private vehicles.

After the severe drop in TIV in 2020 due to the COVID-19 pandemic, sales in the ASEAN automotive market recovered from 2.5 million units in 2020 to 2.8 million units in 2021, a year-over-year increase of 14.5%. The market share of Indonesia, Thailand, and Malaysia increased from 75.4% in 2020 to 76.3% in 2021. In particular, Indonesia faced the strongest growth in 2021, with a year-over-year increase of 66.8%. In addition, Indonesia overtook Thailand and regained its market dominance in ASEAN, which was lost in 2020.

The publisher highlights the total size of the respective automotive market and provides historical and forecast data from 2018 to 2022. It defines key highlights of the ASEAN automotive industry in 2021 and future market trends in 2022.

With global emission reduction and electrification trends, this study discusses the breakdown of hybrid electric vehicles (HEVs) and electric vehicles (EVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). In addition, it analyzes the charging infrastructure, shared mobility with a focus on car sharing and eHailing, and connected vehicles.

Key Topics Covered:

1. Growth Environment, ASEAN Automotive Industry

Key Highlights of the ASEAN Automotive Industry, 2021
ASEAN Overview
ASEAN Automotive Industry Historic Sales
The 2021 ASEAN Automotive Market, Actuals versus Forecast
Top Predictions for 2022
Top 12 Transformation Shifts, 2021

2. Strategic Imperative

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the ASEAN Automotive Industry
Growth Opportunities Fuel the Growth Pipeline Engine

3. Growth Opportunity Analysis, ASEAN Automotive Industry

Scope of Analysis
Segmentation, 2021

4. 2022 Global Economic Outlook

Top 5 Global Economic Highlights of 2021
Top 5 Global Economic Predictions for 2022
Global GDP Growth
2022 Scenario Analysis - Quarterly Global Growth
2022 Scenario Analysis - Assumptions
2022 Global GDP Growth Snapshot
Advanced Economies - Predictions for 2022
Emerging Market Economies - Predictions for 2022
Top 5 Global Predictions For 2022 - Macroeconomic Policies and Developments
2022 Growth Opportunities - Top 3 Opportunities by Region
2022 Regional Trends - Risks and Policy Direction

5. Automotive Outlook, Indonesia

Key Growth Metrics, Indonesia
Total Industry Volume (TIV) and Forecast, Indonesia
Market Share Analysis, Indonesia
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Indonesia
Charging Infrastructure, Indonesia
Car Sharing (Shared Mobility), Indonesia
eHailing (Shared Mobility), Indonesia
Connected Vehicles, Indonesia
Key Market Trends in Indonesia, 2022

6. Automotive Outlook, Malaysia

Key Growth Metrics, Malaysia
Total Industry Volume (TIV) and Forecast, Malaysia
Market Share Analysis, Malaysia
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Malaysia
Charging Infrastructure, Malaysia
Car Sharing (Shared Mobility), Malaysia
eHailing (Shared Mobility), Malaysia
Connected Vehicles, Malaysia
Key Market Trends in Malaysia, 2022

7. Automotive Outlook, Philippines

Key Growth Metrics, Philippines
Total Industry Volume (TIV) and Forecast, Philippines
Market Share Analysis, Philippines
Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV) Market, Philippines
Charging Infrastructure, Philippines
Car Sharing (Shared Mobility), Philippines
eHailing (Shared Mobility), Philippines
Connected Vehicles, Philippines
Key Market Trends in Philippines, 2022

8. Automotive Outlook, Thailand

Key Growth Metrics, Thailand
Total Industry Volume (TIV) and Forecast, Thailand
Market Share Analysis, Thailand
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Thailand
Charging Infrastructure, Thailand
Car Sharing (Shared Mobility), Thailand
eHailing (Shared Mobility), Thailand
Connected Vehicles, Thailand
Key Market Trends in Thailand, 2022

9. Automotive Outlook, Vietnam

Key Growth Metrics, Vietnam
Total Industry Volume (TIV) and Forecast, Vietnam
Market Share Analysis, Vietnam
Hybrid Electric Vehicles (HEVs) and Electric Vehicles (EVs), Vietnam
Charging Infrastructure, Vietnam
Car Sharing (Shared Mobility), Vietnam
eHailing (Shared Mobility), Vietnam
Connected Vehicles, Vietnam
Key Market Trends in Vietnam, 2022

10. Growth Opportunity Universe

Growth Opportunity 1 - Continuous Development for Higher Sales of Passenger Vehicles and Pickups to Meet the Growing Demand
Growth Opportunity 2 - Domestic Production for Greater Sales Advantage of HEVs and EVs to Stimulate Powertrain Transformation Development
Growth Opportunity 3 - Smart Mobility for Vehicle Connectivity

11. Key Conclusions