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Level 4 automated driving will transform how vehicles are designed from the inside out. With minimum-to-no driving activity involved, vehicle interiors will undergo a complete makeover to offer a more luxurious cabin with a whole new set of comfort and convenience features to provide an exceptional ride experience to passengers. Autonomous shuttles...

In this analysis, Frost & Sullivan examines the commercial truck industry in China, focusing on the light, medium, and heavy-duty commercial truck segments. Commercial trucks are crucial in various areas in China, such as manufacturing, agriculture, forestry, mining, construction, transportation and warehousing, wholesale, and retail, contributing ...

Insurance is a vital safety net that protects individuals against the financial blowback of accidents by covering vehicle repairs, medical expenses, and potential liabilities. The automotive industry s increasing digitization has brought significant changes to automotive insurance. First notice of loss (FNOL) and digital accident detection and resp...

The Indian passenger vehicle industry had seen strong growth over the years by addressing various customer requirements through the adoption of various technologies and innovative business models. OEMs with state-of-the-art R&D capabilities, a large-scale customer database, and ready to address customer requirements using robust technology will be...

This report analyzes internal combustion engine two-wheelers (ICE 2Ws) and electric two-wheelers (E2Ws) in Thailand's two-wheeler market. Motorcycles and scooters are the subsegments of ICE 2Ws and E2Ws. This study examines how Thailand is adopting electric mobility and the reasons that contribute to the changing 2W market. It uses the PESTLE and S...

Vehicle leasing addresses the challenges companies face in meeting their mobility needs, including funding, fleet maintenance, and handling residual risk. In the current market conditions, companies—both big and small—must focus on their core products and services; therefore, they look to outsource all other support activities, including mobility, ...

In this study, Frost & Sullivan delivers a comprehensive analysis of the global light vehicle market, which grew 4% in 2024 to reach 83.8 million units, led by China’s dominance in electric vehicle (EV) adoption and domestic brand strength. The report provides in-depth analyses of the top five markets—China, the United States, India, Japan, and Ger...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

03 Nov 2021  |  Global  |  Market Research

Global Electric Corner Module Market, Growth Opportunities, 2021

Vehicles with Electric Corner Modules Expected to be Fitted in LCVs and PBVs, Accounting for 1.8% of the Total BEV Market by 2030

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An electric corner module (ECM) encompasses an electric drive, suspension, steering, and braking systems, increasing modularity and reusability. Purpose-built electric vehicles are expected to benefit from such a system because of the ever-changing requirements of future mobility and city transportation systems. With ECMs, the number of participant...