Research and Markets: Booming Russian Automobile Sector

DUBLIN--Research and Markets has announced the addition of the "Booming Russian Automobile Sector" report to their offering.

According to our new research report - "Booming Russian Automobile Sector" - the Russian automotive industry is growing at a fast pace and emerging as one of the most competitive and dynamic industries at the world level. Government initiatives and incentives are filliping the industry and attracting the foreign players to the market. These foreign auto giants are establishing their car assembly lines in the country and capturing the domestic market.

Passenger car segment dominates the domestic market of Russia and is expanding due to increasing disposable income and low interest rate. This will further act as an attractant for the foreign investors to invest in the industry.

We expect that more foreign auto giants will enter the market in future to fill the demand and supply gap. At present, a large section of passenger car demand is satisfied by new imports and its share will grow in future as Russians are looking for latest technology and new designs. The commercial vehicle market will be dominated by the Light Commercial Vehicle (LCV) segment. The major part of this high demand will come from growing small- and medium-scale businesses, coupled with increasing income.

The report provides exhaustive and extensive research on the burgeoning automobile industry of Russia. It defines the market structure and growth, discusses the market drivers, analyzes the future growth areas, and studies the various parameters of the market.

Key Topics Covered:

• 1. Analyst View
• 2. Growth Contributors
• 3. Russian Automobile Market in Global Context
• 4. Russian Automobile Market
• 5. Industry Analysis
• 6. Key Players
• List of Tables
• List of Charts

Companies Mentioned:

• AVTOVAZ OAO
• GAZ Group
• KAMAZ OAO
• General Motors
• Renault SA
• Hyundai Motor Company