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- revenue is projected to decline by 5.0% in 2023, attributed to the reduced demand for COVID-19-related test
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09 May 2022  |  North America  |  Market Research
North American Electric Truck Charging Infrastructure—Revenue Opportunities
Transformational Growth of Revenue due to 130TW Electricity Consumption by 2030
By 2030, more than half the trucks operating in North America are expected to be powered by an electric powertrain. Light-duty vehicles are forecasted to be the early adopters, with nearly 86% share of the EV truck market in 2030. Among several EV truck charging types, AC & DC charging are expected to be the most adopted in North America. Level 2 (...
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12 Oct 2023  |  Global  |  Market Research
Passenger Vehicle OEM Strategies for Automotive Operating Systems
OEMs to Rely on Tier Suppliers’ Embedded Hardware and Software Solutions Until Capable of Delivering In-house Standardized OS for Future Software-defined Vehicles
The automotive industry is undergoing a major transition and redefining the vehicle development process. To include numerous technologies tied to the concept of connected, autonomous, shared, and electric (CASE) mobility, OEMs have chosen to adopt the software-defined vehicle (SDV) development approach. With the SDV approach, OEMs extend features a...
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07 Mar 2019  |  North America  |  Market Research
Uberization of Vehicle Service—Business Model and Revenue Analysis, 2017–2025
$1.8 Billion in Total Service Revenue to be Booked From Online Service Marketplaces Across North America and Europe in 2025
The aim of this study is to research, analyze, and forecast the business impact of the service marketplaces business model in the automotive aftermarket. Service marketplaces are a direct outcome of the digital wave disrupting the automotive aftermarket service industry. As per Frost & Sullivan’s analysis, a majority of the activity is currently vi...
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02 Nov 2022  |  North America  |  Market Research
Strategic Insights and Growth Opportunities for Software-defined Vehicles
Future Growth Potential in the Automotive Industry Hinges on a Service-oriented Architecture with Repeatable Avenues of Revenue Generation
Original equipment manufacturers (OEMs) used to differentiate their products based on mechanical features. Today, however, consumers are increasingly looking for features defined by software, such as driver assistance, connectivity, and comfort-convenience services. The convergence of technologies including electrification, autonomous driving, shar...
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23 Jan 2026  |  Global  |  Market Research
Insights into Automotive Cloud, 2025–2030
Software-Defined Vehicles and Manufacturer Operations Drive Cloud Adoption for Improved Scalability, Innovation, and Cost Efficiency
The automotive sector is undergoing a profound shift toward the software-defined vehicle, transforming cars into dynamic, upgradeable digital platforms. This transition critically demands advanced cloud computing to manage, process, and secure the vast amounts of data generated, establishing data management as a core strategic imperative for origin...
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10 Mar 2026  |  Europe  |  Market Research
Strategic Profiling of Select OEMs’ Connected Services, Europe, 2025–2032
Disruptive Software Platforms, Transformative Connectivity Trends, and New Digital Revenue Models are Redefining OEMs’ Connected Service Strategies in Europe
Connected services in passenger vehicles are undergoing a strategic transformation in Europe, reshaping how automakers engage with customers, manage vehicle life cycles, and build digital revenue streams. This Frost & Sullivan analysis examines how leading European original equipment manufacturers (OEMs) are developing group-level software platform...
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10 Aug 2022  |  Europe  |  Market Research
European Electric Truck Charging Infrastructure—Revenue Opportunities
Transformational Growth of Charging Infrastructure to Cater to the 100TWh Electricity Consumption by 2030
By 2030, more than 5.8 million electric trucks are expected to be in operation in Europe. Light-duty vehicles are forecast to be the early adopters, with nearly an 87% share of the EV truck market in 2030. Among several EV truck charging types, AC and DC charging are expected to be the most adopted in Europe. 20kW-1MW chargers will become predomina...
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21 Aug 2026  |  South Asia, Middle East & North Africa  |  Market Research
High-Traffic Truck Charging Infrastructure Revenue Opportunities, India, 2026–2041
India’s Truck Charging Infrastructure for High-Traffic Zones will Experience Transformational Growth due to Accelerating Fleet Electrification and Charging Network Expansion
India’s electric truck charging ecosystem is entering a critical phase of commercialization, with revenue generation and investment returns emerging as key focus areas alongside infrastructure deployment. As medium- and heavy-duty electric trucks scale up, charging infrastructure development across high-freight-movement corridors, major logistics h...
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09 Oct 2026  |  South Asia, Middle East & North Africa  |  Market Research
Medium- and Low-Traffic Truck Charging Infrastructure Revenue Opportunities, India, 2026–2041
India’s Truck Charging Infrastructure for Medium- and Low-Traffic Zones will Experience Transformational Growth due to Accelerating Fleet Electrification and Charging Network Expansion
India’s electric truck charging ecosystem is expanding beyond major freight corridors and metropolitan logistics hubs, creating new revenue opportunities across medium- and low-traffic operating environments. As medium- and heavy-duty electric trucks (MDTs and HDTs) gradually penetrate regional freight networks, Tier II logistics centers, industria...
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11 Jun 2021  |  North America  |  Market Outlook
Global Connected Cars Outlook, 2021
With a Revenue Potential of $15-$20 Billion by 2025, the Creation of Software-defined Vehicles and Innovative Business Models is more Critical than Ever
The COVID-19 pandemic has accelerated - rather than affected - growth prospects for the global connected cars market. Technology implementation has increased, and the post-pandemic situation appears to be a positive one for all stakeholders. The pandemic is a blessing in disguise as innovative features such as embedded connectivity, bio-based healt...
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