This Report Presents the Current Picture of the Russian Automobile Industry as Well as Evaluating the Regionwise Production and Sales of the Industry

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c66856) has announced the addition of “Booming Russian Automobile Sector” to their offering.

“Booming Russian Automobile Sector” has been made to give an overview of the global automobile industry keeping the Russian automobile industry at its core. The report presents the current picture of the global automobile industry as well as evaluates the region-wise production and sales of the industry. However, the report has its focus on the Russian automobile industry. The Russian industry has been defined in detail covering its current landscape and future outlook (like car penetration, new passenger car registration, and passenger car sales for the period 2007-2010). It also helps the clients to analyze the leading-edge opportunities and the driving factors that are critical for the success of Russian automobile industry.

The future growth of passenger car segment is further fragmented into foreign branded and Russian passenger car. However, the forecast of different segments are not based on an intricate economic model but has been done by correlating its past and present performance. The above-mentioned tools would help the potential investors to plot a route through the evolving market of Russian automobiles.

Market Analysis

The ongoing economic development in many parts of the world is spurring fast growth in the global automobile industry. In the year 2006, worldwide automobile production increased by around 4% from the previous growth of 3.1% in 2005. Region-wise, Europe was next only to Asia-Oceania in terms of automobile production in 2006.

In 2006, Russia became the fifth largest passenger car selling country in Europe. The Russian automobile industry represents the Russian manufacturing sector condition and ripeness of a modern purchaser. Russian automobile sector emerged as the one of the most dynamically growing in the world. Increasing customer awareness and shooting demand for international quality and performance out of local-made products has changed the former structure of Russian automobile industry and now more manufacturers are focused on foreign branded automobile production. As for future, Russia's entry to the World Trade Organization in 2007 will have a significant impact on the market and foreign players will be benefited from it.

Research Highlights

Increasing disposable income of Russian population has made the consumers to go for higher segment cars in Russia.
Russian tourism industry is also escalating the demand for cars.
Low car penetration rate in Russia indicates a huge market is still untapped for passenger segment.
More awareness and rising demand for more features and technology is paving the path for the foreign players, but it is also increasing the competition for domestic players.
Automobile industry is going to create a huge make for industries like steel, plastic, and motor insurance in Russia.
With the rising environmental concerns, the demand for hybrid cars will pick up momentum in the country.

Key Findings

In passenger car segment, foreign branded passenger cars are expected to register a higher growth rate than the overall segment during 2007-2010.
Russia's entry to the World Trade Organization in 2007 will reduce the Russian branded passenger car market share and it will further decline during the forecasted period.
Car stock per 1000 population is expected to increase with an AAGR of 5.6% during the forecasted period.
New passenger car registration is expected to increase at an AAGR of 6.52% from 2007 to 2010 in Russia.
High scope of Natural Gas Vehicles and Hybrid vehicles in Russia.

Key Issues and Facts Analyzed

Automobile production at global level as well as at regional level for 2006.
Global and region-wise automobile sales during 2005 and 2006.
Sales of passenger cars in different regions during 2005.
Automobile production by domestic and foreign manufacturers by types.
Import of new and second hand foreign branded cars.
Top selling foreign brands in the country in 2006.
Sale of passenger car by price segment in 2006.
Driving factors for the Russian automobile industry.
Opportunities and constraints for the automobile manufacturers.

Contents:

1. Analyst View

2. Global Automobile Industry

3. Russian Automobile Market in Global Context

4. Industry Performance

5. Industry Analysis

6. Future Outlook (2007-2010)

7. Key Players

List of Tables

List of Figures

For more information visit http://www.researchandmarkets.com/reports/c66856