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27 Apr 2020  |  Asia Pacific  |  Market Outlook

Thailand Automotive Outlook, 2020

Thailand’s Automotive Market to be Weak Due to Global Uncertainties; Outbreak of Covid-19 to Especially Have a Major Impact on the Global Economy, as well as the Thai Economy

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From 2018 to 2019, the automotive market in Association of South East Asian Nations (ASEAN) shrunk by 2.9% year-on-year (YoY), and total sales reached 3.5 million units. The main reasons include the direct impact of the global economic slowdown on automotive sales and decline in sales in Indonesia (by political election), which is the leader of the...

China's medium- and heavy-duty truck turbocharger aftermarket is entering a mature yet resilient phase, supported by a vehicle parc exceeding 10 million units and sustained replacement demand despite increasing battery electric vehicle (BEV) sales. While turbocharger penetration is nearing saturation, the market continues to generate stable revenue...

Europe’s parking market is undergoing a structural transformation driven by urban decarbonization policies, electrification, digital enforcement, and the reallocation of curbside space. This study provides a strategic assessment of the European parking market, analyzing how parking is evolving from a traditional real estate and enforcement function...

28 Oct 2021  |  North America  |  Market Research

2030 Vision of the Automotive Industry

More than 40 Million Electric Vehicles, 18 Million Highly Autonomous Vehicles, and $1.37 Trillion in Shared Mobility Opportunities to Complement Connected Car Growth

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The automotive ecosystem is changing rapidly with new business models and connected, autonomous, shared, and electric (CASE) mobility trends. Subtrends and service markets related to these Mega Trends are shaping the industry’s future and creating new business opportunities for original equipment manufacturers (OEM), suppliers, mobility participant...

30 Aug 2018  |  North America  |  Market Research

Future of Vehicle Subscription—Business Models and Opportunities in North America and Europe, 2025

Vehicle Subscription Targets 10% of New Vehicles Sales by 2025

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Frost & Sullivan defines vehicle subscription as a shared mobility service where a customer can get access to temporary vehicle ownership - usually by the month. In other words, it can be described as micro leasing a vehicle for a shorter period. It is also sometimes referred as temporary ownership via renting a new car or leasing a used car. Vehic...

20 Dec 2021  |  North America  |  Market Research

Global Mobility-as-a-Service Growth Opportunities

Open Data Policies, Data Sharing, Public-private Partnerships, and Government Push Vital for Success

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Evolving work environments and shifting industry structures change consumer preferences and influence mobility in cities. The COVID-19 pandemic has forced cities to rethink their transportation networks and make them more flexible and sustainable. Innovative solutions are necessary to meet citizens’ needs, ensure efficient transportation systems, a...

Advancements in wireless communication technologies, sensor fusion, imaging technologies, Big Data, and analytics have created opportunities for automotive manufacturers to discover a wide range of solutions for multiple applications. Miniaturization of electronic components, advancements in navigation, and adoption of smart devices is expected to ...

This study evaluates sustainable practices across the value chain of nine automotive original equipment manufacturers (OEMs), shedding light on their commitment to environmental stewardship. The report illustrates how each OEM strategically incorporates sustainability principles into key value chain stages, namely sourcing, manufacturing, design, m...

As more digitally native customers look to purchase a vehicle, industry players are ramping up digital enhancements in the customer journey relating to the purchase of new and used cars or in aftersales services. COVID-19-induced social distancing norms are changing business as usual, acting as an accelerator for more dealerships, OEMs, and traders...