Search results for: 'prefer market'

The passenger vehicle driveline landscape is undergoing a transformation due to the rapid adoption of ZEVs and stricter emissions regulations. From 2025 to 2032, the global driveline market value is projected to increase from approximately $26.1 billion to $62.3 billion at a compound annual growth rate of 13.2%, fueled by electrification in major a...

The global automotive industry is witnessing a rapid shift towards electrification, driven by the need for stringent emission norms, fuel efficiency, and changes in consumer behavior. In this journey of electrification, hybrid electric vehicles (HEVs), including mild hybrids (MHEVs) and full hybrids (FHEVs), have come to the fore as viable solution...

The COVID-19 pandemic has definitely brought about a lot of positive, flexible changes in the way people are moving; for instance, tourists now use P2P carsharing instead of traditional car rentals. The car is increasingly losing its importance as a status symbol, and millennials are very comfortable using multiple mobility apps to complete thei...

This Voice of the Customer survey sheds light on the willingness of Saudi Arabia’s population in car purchasing and new car purchases to switch to electric vehicles (EVs) as their next car purchase in the next two years. In doing so, Frost & Sullivan assessed the potential for charging services based on customer preferences to support automakers, d...

Frost & Sullivan’s mobility team tracks the global commercial vehicle (CV) market to generate deep-dive analysis on the shift towards zero-emission buses and the implications of new technologies on the passenger transportation landscape of the future. The commercial mobility practice evaluates applications in the global transit and coach buses spac...

The commercial vehicle industry is at the cusp of a major transformation that will change the dynamics of the supply chain and logistics industry. Frost & Sullivan has examined the top 10 CV trends that will have the highest impact on the commercial vehicle market in the upcoming years. The CASE (connected, autonomous, safe, and electric) strate...

31 May 2024  |  Global  |  Market Research

Growth Opportunities in the Excavators and Loaders Industry, 2024 2030

Excavators & Loaders Market Long-Term Growth Driven by Electrification, Smart Equipment, and Business Model Transformation

Infographics

×

Excavators and loaders are versatile machines used in road and infrastructure projects, residential and commercial building construction, and mining operations. The industry has grown significantly in recent years, with a global market size of $55.68 billion in 2023. Frost & Sullivan projects a 5.2% compound annual growth rate (CAGR) to reach $79.4...

The EV industry is witnessing increasing investments in advanced battery chemistries to support faster charging speeds and cell stability. Challenging riding environments and harsh climatic conditions impact e2Ws' efficiency compared to cars with sophisticated thermal management systems. Traditional 2W OEMs are delaying their entry into the e2W mar...

The aim of this research service is to provide a strategic overview of the global luxury vehicle market. Luxury automotive OEMs must evolve and adapt to emerging Mega Trends of urbanization, demographic and social preference changes, and technology and electric mobility. The study introduces new market segments that have developed to meet changing ...