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09 Aug 2024  |  Global  |  Market Research
Next-Gen Battery Management Systems in the Global Battery Electric Vehicles Industry, Forecast to 2030
IoT-based BMS Driving Transformational Growth by Enabling Real-time Data Transfer and Remote Monitoring of Battery Packs
Demand for advanced battery management systems (BMS) is increasing in line with the growth of electric vehicles (EVs). This is primarily driven by the rapid adoption of Zero Emission Vehicles (ZEV) to achieve their net zero emission targets. As of 2023, BMS makes up 8% to 9% of the total EV price, which is expected to increase significantly over th...
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17 Dec 2025  |  Global  |  Market Research
Passenger Vehicle Automated Parking Systems Market, Global, 2025–2031
Integration of AI and Sensor Fusion Technologies with the Shift Toward V2X Connectivity and Smart Infrastructure Fueling Transformative Growth in Automated Parking Solutions
Automated parking for passenger vehicles is entering a transformative phase, redefining how drivers and vehicles interact with urban infrastructure. This study explores how automakers, Tier 1 suppliers, and technology enablers are leveraging AI, advanced sensor fusion, connectivity, and smart infrastructure to deliver seamless, hands-free parking e...
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17 Aug 2026  |  Asia Pacific  |  Market Research
Passenger Vehicle and Light Commercial Vehicle Aftermarket, APAC, 2024–2032
AI is Driving Transformational Growth in Diagnostics and Supply Chain Inventory Management
In this research service, Frost & Sullivan has assessed the automotive aftermarket in the Asia-Pacific (APAC) region, focusing on Australia, China, Indonesia, Japan, Malaysia, and Thailand. The research service provides an aftermarket overview for 2025, covering automotive aftermarket performance and analyzing various trends influencing demand for ...
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24 Aug 2023  |  Global  |  Market Research
Global Automotive Market 2023—A Mid-year Review
Transformative Mega Trends of EV Investments and Decarbonization Initiatives will Boost Light Vehicle Sales in the Second Half of 2023
Light vehicle sales (passenger and light commercial) account for significant global automotive industry revenue. The global passenger vehicle sales were 57.5 million units in 2022, a 1.9% growth year-over-year. In 2022, China became the world's largest regional automobile market, with 23.6 million units sold; the United States came second with sale...
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03 May 2024  |  Global  |  Market Outlook
Global Medium and Heavy-duty Commercial Vehicle Aftermarket Outlook 2024
Moderate Global GDP Growth will Affect Truck Usage Leading to a 4.3% Part Revenue Growth Opportunity
This Frost & Sullivan's analysis of the 2024 global medium and heavy-duty (MD and HD) commercial vehicle aftermarket examines and forecasts for the 2023 2027 period, highlighting several types of parts in the aftermarket and its growth opportunities. This outlook features global coverage with a specific focus and analytics for North America, Lat...
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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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21 Apr 2026  |  Global  |  Market Outlook
Growth Opportunities for the 2026 Medium- and Heavy-Duty Commercial Vehicle Aftermarket
Higher Fleet Utilization and Aging Trucks Are Driving Frequent Parts Replacement and Robust Aftermarket Revenue Growth
The global medium- and heavy-duty commercial vehicle aftermarket is undergoing a structural transition. In 2025, global sales of new medium- and heavy-duty trucks declined by approximately 4.1% compared to 2024, driven by lower new-vehicle sales. This growth trend is expected to persist throughout the first half of 2026.Despite weaker new truck sal...
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19 Aug 2021  |  Global  |  Market Research
Theme IV: Key Trends in Circular Economy in Automotive—Voice of Industry Thought Leaders
Intelligent Mobility Event, Japan, 2021
Intelligent Mobility Summit, 2021: A Glimpse into the Future of Mobility Frost & Sullivan organized the 13th edition of its flagship Intelligent Mobility Summit 2021 on July 14 and 15, 2021. The focus of the two-day virtual summit was “Intelligent Mobility: Innovating to Zero†with the spotlight on the Asia-Pacific region. This year, the Su...
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12 Dec 2023  |  North America  |  Market Research
Growth Opportunity in the Global Passenger Vehicle Shift-by-Wire Market
SBW Industry Faces Transformation and Decline Amid EV Proliferation and Evolving E/E Architecture
This comprehensive study examines the global shift-by-wire (SBW) market from 2022 to 2030, providing insights into growth prospects and their associated implications. SBW technology seeks to replace the traditional mechanical linkages between the transmission and gear shifter with electronics. The report explores the SBW technology penetration acro...
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22 Aug 2025  |  Global  |  Market Research
Strategic Analysis of Electric Motors for xEVs, 2025–2030
Electric Motor Market Set for Double-Digit Growth Fueled by Rising EV Demand, Cost Efficiency, and Reduced Rare Earth Reliance to Enhance Supply Chain Resilience
Demand for electric motors (e-motor) has skyrocketed in recent years, driven by the growing shift toward electric vehicles (EVs), stricter carbon emission regulations, government incentives, and advancements in battery technology. Currently, interior permanent magnet synchronous motors (IPMSM) dominate most of the EV traction motor market, thanks t...
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