In Bangladesh, the Tax Incentive offered by Government and Structural reforms in favor of Automotive Industry were the deal breakers for high Industry Growth: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit September 2021|Bangladesh News Bangladesh Automotive Industry Overview: The Automotive Market of Bangladesh is the third largest Asian market. There are few car manufacturing plants in the country, one of which are of Proton; a Malaysian indigenous car and Mitsubishi. The country also has a large market for three wheelers with one designed locally called Mishuk. Bangladesh started manufacturing motorcycles by 2000s. Walton made the first production of motorcycles in the country. Runner Automobiles was the second company to manufacture motorcycles in Bangladesh which was started in 2012. After then many other local companies got engaged in producing of motorcycles. Bangladesh Automotive Market Growth Strategy Report Drivers of Growth in Bangladesh for Automotive Industry: Government’s focus on the roadmap to growth has pushed the country ahead. They focused on incentivizing local assembling, then more on sourcing local components – technically called progressive manufacturing policy. In less than a decade, the two-wheeler market in Bangladesh grew more than three times. During this period the source of supply shifted from the imports to the local manufacturing which accounts for more than 90% of the units sold here annually. Two Wheeler Market is the Leader in Automotive Industry: A decade ago, Bangladesh two-wheeler sales were below 10,000 units per year. Then the industry grew rapidly, thanks to the investments of new and local brands which include Runner and Walton, Indians companies – Bajaj Auto, Hero Motor and TVS and the Japanese – Suzuki, Yamaha and Honda. In 2012, the market has grown up by 10X times compared with 5 years earlier while steadily growing till the 2016 when the sales were close to the quarter of a million. While Japanese brands are growing, the market is actually dominated by Indian brands with Baja Auto being the leader, followed by Hero Motor and TVS. Analysts at Ken Research in their latest publication the report titled “Automotive Industry Outlook to 2025- Coverage on Bhutan, Sri Lanka, Bangladesh and Nepal” provides a comprehensive analysis of growth of Automotive sector in Nepal, Bhutan, Bangladesh, Sri Lanka. The report covers various aspects including Market Size, Total Number of players, market Share by type of OEM and by type of Vehicle. The report also focuses on the Impact of Covid-19 on the industry and provides insights from the experts on the trends in sector. Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NDc2NDk5 Key Segments Covered By Type of Vehicle By OEM By Region (Nepal only) Automotive OEMs Covered in the Report Toyota Mitsubishi Hyundai Honda TVS Hero Audi Nissan Bajaj Auto Maruti Suzuki Key Target Audience Automotive OEMs Consultancy Companies Industry Associations Regulatory Bodies Time Period Captured in the Report:- Historical Period– 2016-2020 Forecast Period– 2020-2025 For More Information, refer to below link:- Bangladesh Automotive Market Size, Share And Forecast 2027 Related Reports The UAE Car Rental, Leasing and Limousine Market Outlook to 2025 (Second Edition) – Driven by Reviving Tourism, altered Customer Preference from Public Transport to Personal Cars owing to Covid-19 UAE E-Commerce Logistics Market Outlook to 2025 – Driven by Growth in Online Shoppers along with Introduction of New Age Technologies by Logistics Players China Logistics and Warehousing Market Outlook to 2025 – Led by Growth in Road Freight Services, Improving Infrastructure and Rising Digital Innovations Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 2 Tags: Automotive Industry In Bangladesh, Automotive Industry In Bhutan, Automotive Industry In Sri Lanka, Automotive Market In Bangladesh, Automotive Market In Bhutan, Automotive Market In Sri Lanka, Bangladesh Automotive Industry, Bangladesh Automotive Industry Research Report, Bangladesh Automotive Market, Bangladesh Automotive Market Analysis, Bangladesh Automotive Market Competition, Bangladesh Automotive Market Forecast, Bangladesh Automotive Market Future Outlook, Bangladesh Automotive Market Growth, Bangladesh Automotive Market Growth Strategy Report, Bangladesh Automotive Market Major Players, Bangladesh Automotive Market Research Report, Bangladesh Automotive Market Revenue, Bangladesh Automotive Market Revenue Forecasting, Bangladesh Automotive Market Share, Bangladesh Automotive Market Size, Bangladesh Automotive Market Trends, Bangladesh Automotive Research Report, Bhutan Automotive Industry, Bhutan Automotive Industry Research Report, Bhutan Automotive Market, Bhutan Automotive Market Analysis, Bhutan Automotive Market Competition, Bhutan Automotive Market Forecast, Bhutan Automotive Market Future Outlook, Bhutan Automotive Market Growth, Bhutan Automotive Market Growth Strategy Report, Bhutan Automotive Market Major Players, Bhutan Automotive Market Research Report, Bhutan Automotive Market Revenue, Bhutan Automotive Market Revenue Forecasting, Bhutan Automotive Market Share, Bhutan Automotive Market Size, Bhutan Automotive Market Trends, Bhutan Automotive Research Report, Covid-19 Impact Bangladesh Automotive Industry, Covid-19 Impact Bangladesh Automotive Market, Covid-19 Impact Bhutan Automotive Industry, Covid-19 Impact Bhutan Automotive Market, Covid-19 Impact Sri Lanka Automotive Industry, Covid-19 Impact Sri Lanka Automotive Market, Industry Research Report Of Bangladesh Automotive, Industry Research Report Of Bhutan Automotive, Industry Research Report Of Sri Lanka Automotive, Market Research Report Of Bangladesh Automotive, Market Research Report Of Bhutan Automotive, Market Research Report Of Sri Lanka Automotive, Sri Lanka Automotive Industry, Sri Lanka Automotive Industry Research Report, Sri Lanka Automotive Market, Sri Lanka Automotive Market Analysis, Sri Lanka Automotive Market Competition, Sri Lanka Automotive Market Forecast, Sri Lanka Automotive Market Future Outlook, Sri Lanka Automotive Market Growth, Sri Lanka Automotive Market Growth Strategy Report, Sri Lanka Automotive Market Major Players, Sri Lanka Automotive Market Research Report, Sri Lanka Automotive Market Revenue, Sri Lanka Automotive Market Revenue Forecasting, Sri Lanka Automotive Market Share, Sri Lanka Automotive Market Size, Sri Lanka Automotive Market Trends, Sri Lanka Automotive Research Report