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06 Jul 2023  |  North America  |  Market Research
Latin American Hybrid and Electric Vehicles Growth Opportunities
Competitive Intensity Driven by the Entry of New Participants Stimulates Electrified Vehicle Sales
The electrified vehicle (xEV) industry in Latin America is at an emerging stage, in terms of vehicle sales, charging infrastructure, and regulations. However, it has been growing at a fast pace, primarily because of the entry of new models and the launch of purchase incentives. For example, in 2022, almost 157,000 electrified units were sold in the...
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16 Dec 2024  |  Global  |  Market Research
Connected Off-highway Equipment Market, Global, 2024–2030
The Market is Experiencing Transformational Growth Mainly Due to Customer Preferences and Data-driven Decisions
The construction, mining, and agricultural equipment industries comprise high-cost equipment that addresses specific requirements and applications; however, these equipment accumulate significant operational and maintenance costs throughout their life cycles. While equipment utilization used to be a concerning metric, the growing labor shortage, re...
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16 Sep 2026  |  North America  |  Customer Research
US Automotive Technicians’ Choice Survey, 2025
Professional Credibility, Innovation, and Service Support Shape Brand Choice in a Fragmented Tools Market
The 2025 US Automotive Technicians’ Choice study is an insightful voice-of-customer survey that highlights the tool preferences of automotive aftermarket service technicians. The survey of 400 automotive technicians across the United States used a combination of computer-assisted telephone and computer-aided web interviewing methods. Respondents we...
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23 Oct 2024  |  Global  |  Market Research
Growth Opportunities in Passenger Vehicle Usage-based Insurance Market, Global, 2024 2030
Digitalization; Smartphone Use; Connected, Autonomous, Shared, and Electric Mobility; Post-pandemic Shifts; and Innovative Usage-based Insurance Business Models are Driving Transformational Growth in the UBI Market
The global usage-based insurance (UBI) market is experiencing a transformative shift, driven by the rapid adoption of connected technologies and data-driven insights. Traditional insurance models have struggled to keep pace with the evolving automotive landscape, where driver behavior and vehicle usage patterns are becoming more integral to risk as...
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16 Dec 2022  |  North America  |  Market Research
Growth Opportunities in Global Fuel Cell Transit and Coach Buses
Future Growth Potential of Fuel Cell Buses Among Fleets will be Influenced by Regional Impetus for Carbon Neutrality
To meet international climate targets and develop sustainable zero-emission technologies, the mobility industry is expediting the transition to powertrain electrification and gradually reducing dependence on diesel powertrains. In addition to stringent emission norms, subsidies, and tax exemptions, governments are promoting the use of alternative p...
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29 Aug 2022  |  North America  |  Frost Radar
Frost Radar™: North American Electric Light Commercial Vehicle Market, 2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
As the North American transportation and mobility space transitions toward electrification during the next decade, new opportunities and greater demand for greener powertrain alternatives will surface. The biggest opportunities lie in battery electric technology to expedite the adoption of cleaner and more sustainable last-mile mobility. Many new p...
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17 Jul 2025  |  Global  |  Market Research
Global Connected Vehicle Market Growth Outlook, 2025
AI Driving Transformative In-vehicle Experiences as Industry Convergence and Service-based Models Redefine OEM Strategies
Connected vehicles are revolutionizing the automotive industry, evolving from transportation modes to smart, digital hubs that seamlessly integrate with users' lifestyles. In 2025, industry adoption of vehicle-to-everything (V2X) communication, AI-driven personalization, service-based monetization models, and software-defined Vehicles (SDVs) is exp...
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04 Sep 2024  |  Global  |  Market Research
Automotive Cybersecurity Market, Global, 2023‒2030
Automotive Cybersecurity is Driving Transformational Growth Through Strategic OEM Partnerships to Accelerate Technology Advancements and Regulatory Compliance
With increasing connectivity features, advanced cybersecurity solutions will be necessary to secure next-gen connected vehicles. OEMs should establish a comprehensive cybersecurity model to proactively address the evolving threat landscape, especially with the advent of generative AI. With imminent global regulatory mandates, cybersecurity is not j...
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17 Sep 2024  |  Global  |  Market Research
Light Commercial Vehicle Market, Volume Forecast and Growth Opportunities, Europe, 2024 - 2032
Strong Decarbonization Measures are Driving Transformational Growth in Electric Vehicles toward Penetration of 60% by 2032
Frost & Sullivan expects the overall light commercial vehicle (LCV) market to reach 2.4 million units by 2032. This market is on track to achieve a compound annual growth rate (CAGR) of 2.9% between 2023 and 2032. Electric vehicle (EV) penetration will increase to reach 60.0% during this period, up from 6.9% in 2023. The overall size of the LCV ...
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06 Sep 2022  |  Latin America  |  Market Research
Brazilian Connected Trucks Telematics Growth Opportunities
After the Rise of Cargo Thefts and Diesel Cost, Risk and Fuel Management Solutions will Lead to Transformational Growth of Brazilian Telematics
The Brazilian connected trucks telematics market is showing good indicators for growth. Although most of the connected trucks only have the basic solutions installed (for example, track & trace) due to the exigency of carriers and insurance companies, the demand for more advanced solutions, such as video cameras, is increasing and turning the marke...
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