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Showing posts from May, 2023

UAE Economic Modernisation Drives Growth in Truck Market | Glasgow Research & Consulting

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  After years of slow growth, the UAE’s truck market is set for a shift in gear in the coming years, buoyed by public investment in infrastructure and logistics, according to new research by Glasgow Research & Consulting. In the UAE, the market for trucks is dominated by pickups, light-duty, and medium trucks. The three Emirates of Dubai, Abu Dhabi and Sharjah account for more than 70% of all revenues booked in the commercial trucks market, on the back of their economic development and large-scale construction activities. Click Here : https://www.glasgowinsights.com/events/uae-economic-modernisation-drives-growth-in-truck-market/ Sectors like manufacturing, construction, retail, and transportation are the major applications of the truck market. The heavy-duty truck segment is much smaller. These types of trucks typically have a gross vehicle weight of around 16 tons and more, and are used in select sectors such as waste management as dump trucks. In recent years, the UAE’s truc...

Saudi’s Facility Management Market to eclipse $30 billion

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Saudi Arabia’s market for facility management services is on the path to eclipse $30 billion by 2025. Economic diversification, a maturing real estate sector and Saudi Vision 2030 are all driving growth in the sector. Roughly defined, facilities management spans all services that support the functionality and safety of offices and real estate infrastructure, including for the staff working in those offices. Notable segments including catering, cleaning, security, real estate operations & management, workplace safety, and emergency services. According to a new strategic market outlook by  Glasgow Research & Consulting , the outlook for facility management services in Saudi Arabia is bright, on the back of a  wave of mega investments  set to unfold in the real estate sector, as well as continued professionalisation of existing stock and service levels. The research predicts that the Saudi facility management market may pass the $30 billion mark in the next two year...

Automotive Trends impacting the aftermarket segment | Glasgow Research & Consulting

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  At Automechanika in  the  Middle East, Vishal Pandey –  the  founder Glasgow Research & Consulting – delivered a keynote presentation on  the impact of global automotive trends on the  region’s  aftermarket sector . The   global   automotive  industry is changing at lightning speed, driven by  the  rise of major  trends  including connected vehicles, electrification,  autonomous driving , shared mobility, digitisation of sales and support channels,  sustainable mobility , software, and more. The se  trends  are having a major impact on  the  business and operating models of players across all  segment s of  the   automotive  value chain, including  the   aftermarket  domain. At  the  latest Automechanika event in Dubai, Glasgow Research & Consulting provided insight on  the   aftermarket  impacts which can be ...

Glasgow Research & Consulting launches automotive practice in Middle East

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  Business research and advisory firm Glasgow Consulting Group has launched a new automotive practice for the Middle East and Africa region. Founded in 2010, with offices in the UAE and Saudi Arabia among its affiliated international locales, Glasgow Consulting Group (GCG) is a full-service business research and advisory firm with core expertise in market intelligence, market entry and trade development catering to a wide cross-section of industries. Among them, the automotive sector, with the firm now launching a dedicated research and consulting practice in the space for the Middle East & Africa region, under the umbrella The Automotive Intelligence & Tracking Hub (AITH) . According to GCG, the move is aimed at providing clients with regional market intelligence, thought leadership and insights into the fast evolving regional sector, helping local businesses to identify the top mega-tends in areas of mobility solutions. Currently subject to disruption due to emerging tren...

Jordan’s tourism sector set for strong post-pandemic revival

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  Jordan’s tourism sector boomed prior to the Covid-19 pandemic, and following a rebound from the 2020 collapse the industry is expected to surpass pre-pandemic levels in 2022, with further growth on the cards in the years beyond according to a strategic market analysis by Glasgow Consulting Group. The new report by Glasgow Consulting Group (a research and management consulting firm) assesses the development of Jordan’s tourism economy between 2015 and today, and uses a combination of research methods to predict its future. As it stands, Jordan’s population of just over 10 million receive between 2 and 3 million inbound tourists per year, with that number on an upwards trend. Between 2015 and 2019, inbound tourism increased from 2.23 million arrivals to 2.97 million, representing a CAGR of 7.3%. The growth was mainly driven by the government’s efforts in promoting archeological and cultural sites in the country. According to the national tourism office, Jordan is home to over 100,0...

Demographic shifts and trends reshaping the automotive aftermarket

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  The rising number of women driving across the GCC is one of five key trends reshaping the region’s automotive aftermarket. Vishal Pandey, Partner at Glasgow Consulting Group, told ConsultancyME that due to these shifts, the market is bouncing back faster than expected after the last two years of the pandemic. The automotive aftermarket is the secondary market of the automotive industry. After the sale of the vehicle by the original equipment manufacturer (OEM) to the consumer, the aftermarket is concerned with the manufacturing, distribution, retailing, and installation of all vehicle parts and equipment needed to maintain or enhance those vehicles. The construction of these parts and accessories for sale is not always connected to the OEM, and instead centres on a burgeoning economy of independent suppliers. Historically, the automotive aftermarket has been the most recession-resistant part of the automotive industry. This is because its size does not depend on new vehicle sale...

Saudi's Facility Management Market to eclipse $30 billion by 2025

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Saudi Arabia’s market for facility management services is on the path to eclipse $30 billion by 2025. Economic diversification, a maturing real estate sector and Saudi Vision 2030 are all driving growth in the sector. Roughly defined, facilities management spans all services that support the functionality and safety of offices and real estate infrastructure, including for the staff working in those offices. Notable segments including catering, cleaning, security, real estate operations & management, workplace safety, and emergency services. According to a new strategic market outlook by  Glasgow Research & Consulting , the outlook for facility management services in Saudi Arabia is bright, on the back of a  wave of mega investments  set to unfold in the real estate sector, as well as continued professionalisation of existing stock and service levels. The research predicts that the Saudi facility management market may pass the $30 billion mark in the next two years...