Asia-Pacific's Emergence As An Automotive Manufacturing Hub Enhances The Scope Of The WWWT Market, Finds Frost & Sullivan
Thailand and Indonesia are the largest revenue generators for WWWT solutions and will continue to be so till 2016 due to the on-going reforms in the automotive industry and industrialization plans in these countries. Japan and South Korea will also continue to be key markets owing to the scale of their automotive manufacturing industry.
However, while the automotive industry is thriving in the Asia-Pacific, WWWT is not a matter of priority for the manufacturers. The high initial investments deter several automotive manufacturers. Barring Japan and South Korea, vehicle manufacturers in Southeast Asia are slow adopters of technology and have low awareness about water sustainability.
"To tap the cost-conscious Asia-Pacific automotive end-user market, WWWT solution providers must offer competitively priced products," noted Lee. "They should also ensure a high level of customization and design, and establish a strong local presence to remain competitive."
If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.Water and Wastewater Treatment Solutions Market in Automotive Industry in Asia Pacific is part of the Environmental Growth Partnership Service program. Frost & Sullivan's related research services include: Water and Wastewater Treatment Solutions in the Food and Beverage Industry in Asia-Pacific, Water and Wastewater Treatment Solutions in the Electrical and Electronics Industry in Asia-Pacific, and Ballast Water Treatment Market in Asia-Pacific. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
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