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22 Sep 2015  |  Africa  |  Market Research
Executive Analysis of Nigerian Passenger Vehicle Market
Van/Pickup Segment will have the Highest Growth Rate in the Forecast Period
The passenger vehicle market in Nigeria has experienced significant growth in the recent years. The market is dominated by sedans and vans/pickups such as Toyota Camry and Honda Accord. Luxury cars constitute a small portion of the new vehicle sales but the segment will grow the fastest in the coming years due to increasing disposable income of Nig...
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24 May 2024  |  Global  |  Market Outlook
Global Automotive Outlook and Growth Opportunities, 2024
OEM Integration and Generative AI will Ensure Greater Connectivity and Digitalization Despite Labor Shortage and Price Pressure
In 2023, the global light vehicle industry experienced a 6.5% growth, driven by economic recovery and resolved semiconductor chip supply chain challenges. China, the United States, India, Japan, and Germany experienced positive growth. China took the lead with 11% YoY growth in vehicles sold. Of the 14.1 million EVs sold in 2023, 70% were BEVs. ...
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29 Jul 2025  |  Global  |  Market Research
In-vehicle Payments for the Passenger Vehicles Market, North America and Europe, 2024–2031
Disruptive Technologies like IoT, AI, 5G, and Connected Solutions, along with Cross-industry Collaborations, are Driving Transformational Growth by Aligning with Evolving Mobility Trends
In-vehicle payments (IVPs) for passenger vehicles are shifting into a new era, transforming the driving experience by enabling financial transactions from the driver’s seat. This Frost & Sullivan report examines how automakers, platform providers, and payment service enablers are reshaping the driving experience, offering seamless, secure, and pers...
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30 Jul 2024  |  Global  |  Market Research
Chinese Tier 1 Automotive Suppliers Market, Global, 2024–2030
Connected, Autonomous, and Electric Vehicles are Driving Transformational Growth and Globalization of Suppliers by 2030
Like most industries in 2024, technological advances, shifting consumer preferences, and regulatory changes are transforming the global automotive industry. Frost & Sullivan’s analysis shows that Chinese Tier 1 suppliers have emerged as pivotal players in this dynamic environment, leveraging their technological capabilities and innovative prowess t...
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14 Nov 2025  |  Global  |  Market Research
Servitization in the Light Commercial Vehicle Market, North America and Europe, 2024 and 2030
Diverse Business Models and Emerging Trends Are Driving Transformational Growth in Sales, Connectivity, Finance, and Aftermarket
In this analysis, Frost & Sullivan examines how servitization is reshaping the light commercial vehicle (LCV) industry. As the market shifts from product-centric to service-led models, LCV manufacturers are expanding their offerings beyond vehicle sales to include fleet management, predictive maintenance, telematics, flexible ownership models, and ...
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13 Jul 2022  |  Global  |  Market Research
Global Self-healing Materials (SHMs) in Automotive Growth Opportunities
Future Growth Potential to Reduce Maintenance Costs and Increase Components’ Lifetime Drives Market to US$3 Billion by 2024
Frost & Sullivan provides insights into the use of self-healing materials (SHMs) in the automotive industry specific to cars by defining these materials and listing the types of mechanisms available. This study covers SHM application areas in the automotive industry with a timeline for commercialization. The report also compares various competitors...
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08 May 2024  |  Global  |  Market Research
Growth Opportunities in Passenger Vehicle High-definition Maps, 2024 2030
Competitive Intensity Will Push Original Equipment Manufacturers to Roll Out Advanced Level 2+ Autonomous Vehicles, Increasing the Demand for High-definition Maps in North America and Europe
The increase in demand for safety and convenience features has boosted the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles. Original equipment manufacturers (OEMs) seek to implement level 2 and above features in their mass-market vehicles to gain a competitive advantag...
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27 Jul 2026  |  Global  |  Technology Research
Advancements in Wide-Bandgap Materials (GaN, SiC, Ga₂O₃) for Power and RF Electronics
Next-Generation Semiconductor Materials Are Accelerating the Transition Toward Sustainable Power Systems, AI Infrastructure, and 6G Connectivity
This study examines the technology landscape, commercialization progress, and future growth opportunities of wide-bandgap (WBG) semiconductor materials, with a primary focus on silicon carbide (SiC), gallium nitride (GaN), and gallium oxide (Ga₂O₃) for power and RF electronics. It evaluates how these materials enable higher efficiency, greater powe...
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28 Nov 2025  |  Asia Pacific  |  Customer Research
Voice of Customer: In-Car Services and Features, Passenger Vehicles, China, 2024
Evaluating Consumer Perspectives on In-Car Services, On-Demand Features, Over-the-Air Updates, Connectivity, Vehicle Segments, and Payment Options
China’s rapidly evolving connected car market consistently adapts to shifting consumer preferences, driven by the adoption of emerging use cases that shape the "new normal" across diverse customer segments. Frost & Sullivan’s Voice of Customer: In-Car Services and Features, Passenger Vehicles, China, 2024 survey reveals how car owners and buyers in...
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06 Jun 2024  |  Global  |  Market Outlook
Global Electric Vehicle Charging Station Infrastructure Growth Opportunities and Outlook, 2024
CPOs to Focus on Investments, Mergers, and Acquisitions
In 2023, there were about 750,000 charge points across Europe, of which 84.4% were AC charging points and 15.5% were DC charging points. The Type 2 connector type dominated the European EV infrastructure sector, accounting for almost 75%. CCS2 was widely adopted for DC charging points in Europe. Unlike North America, Europe is not dominated by a si...
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