Search results for: 'real world duty'

This research service presents a detailed analysis of the truck market in Turkey and focuses on medium and heavy duty truck segments. This study assesses the market from 2012 to 2021. The market has been segmented by tonnage and axle type, and covers the key models, average product-price range, and vehicle specifications in the various segments. In...

25 Jul 2016  |  Global  |  Market Research

2025 Vision of Transformations in Global Medium-Duty Truck Market

Growth in Value Truck Segment in BRIC and Next 11 Markets Offer Volume and Margin Opportunities to MD Truck OEMs

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Abstract: Global thrust towards freight efficiency improvement will push the demand for alternative powertrains and advanced telematics-enabled technologies in medium duty (MD) trucks. By 2025, urbanization, proliferation of hub-and-spoke distribution, and the growth in ASEAN, Africa and Middle East markets will propel medium duty (MD) truck growth...

06 Jul 2023  |  Asia Pacific  |  Market Research

Asia-Pacific Real-time Payment Growth Opportunities

Disruptive Technologies that Enable Open Banking are Fueling the Growth of Real-time Payments

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This research service examines the real-time payment (RTP) market in the Asia-Pacific (APAC). It identifies key customer needs and market trends and provides a country-wise analysis of relevant developments. RTP or fast-payment systems involve payment transactions that are initiated and processed in near real time or within minutes. Unlike traditio...

The evolving IT landscape has played a transformative role in the field of life sciences, enabling a reliance on real-world evidence (RWE) solutions. With growing competition and the demand for precision in decision-making, pharmaceutical companies, healthcare providers, and technology organizations have realized the need for real-world data (RWD) ...

10 Aug 2022  |  Global  |  Market Outlook

Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022

Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth

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In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...

04 Nov 2016  |  North America  |  Market Research

Medium- and Heavy-Duty Truck Steering System Market in North America, 2015–2022

Addition of Active Steering Technology is Catalyzing the Active Safety Systems Market

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The commercial vehicle market has a traditional business model that has resisted change for many years. However, technological advances such as advanced/active steering systems are changing market dynamics and increasing the cost of new trucks. Fleet managers have emphasized that they are not particularly concerned with or considering the installat...

The four megatrends driving transformation in the commercial vehicle (CV) industry are connected, autonomous, shared, and electric (CASE). Digital transformation through CV innovation will help to achieve a cleaner, safer, and more sustainable environment, with a proliferation of electric CVs expected in the upcoming decade. Tesla, Nikola Motors...

Electrification in trucking is gaining momentum as a Mega Trend, with new mobility models shaping the industry s future. Various sub-trends within electric vehicles (EVs), such as battery EVs (BEVs) and FCEVs, are increasingly popular as emission norms become stricter and the focus on achieving cleaner forms of goods transportation is higher. The p...

The expansion of embedded payment to new domains and process automation are great opportunities for growth in the Asia-Pacific Real-Time Payment (RTP) Monetization market. Technology advances in online payment and the development of cloud and API-based solutions are transforming the industry and its processing workflows. As a result, businesses wil...