Search results for: 'capture m6da'

Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation, creating a sustainable environment. Customers are beginning to prefer renting/sh...

In this report, Frost & Sullivan profiles FORVIA, the seventh-largest automotive supplier in the world. It focuses on how the merger of two separate entities, Faurecia and HELLA, formed FORVIA. We study the history of Faurecia and HELLA in terms of company size, revenue, sales, R&D expenditure, and the location of their offices, factories, and serv...

The North American class 1–3 wiper blades aftermarket is experiencing a major shift in demand from conventional to beam product types. This change offers significant growth potential for suppliers that can properly position their products with distributors and consumers. Frost & Sullivan expects total revenue in the wiper blades aftermarket to rise...

The growth of online models will increase product-based or bundled cross selling across distributor Web stores, equipment dealer networks, B2B and B2C eCommerce Web pages, and mobile apps. The increasing sale of aftermarket spares and lubricants through online marketplaces will also lead to the seamless sale of used equipment, with a win-win model...

There is a global emergence of start-ups, especially in the electric two-wheeler (E2W) segment, during and post-COVID-19 pandemic. With lockdowns preventing people from leaving their homes, last-mile delivery services boomed, increasing the use and popularity of light electric vehicles. In addition, economic and environmental factors such as rising...

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...

This research service identifies new scenarios influencing the automotive usage-based insurance (UBI) industry in Canada, as well as evolving and new business models in this space. The study identifies and analyzes industry trends and shifts, with a focus on connected new-age vehicles. Over the last few years, the automotive insurance industry has ...

12 Jul 2022  |  North America  |  Market Research

North American Light Vehicle Growth Opportunities

LV Sales to Surpass 19 Million by 2025, with EVs Accounting for 12% Sales and more than 50 New EV Product Launches Scheduled Over the Next 5 Years

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In 2021, North American light vehicle sales reached 16.8 million and is forecast to surpass 19 million by 2025 growing at a CAGR of 3.3%. While the economy and vehicle sales showed a positive trend in 2022, the Russo-Ukrainian war has affected the global automotive supply chain; component shortages exposed the fragility of the automotive supply ch...

Global economies are in the phase of easing restrictions and accepting the new normal. European leasing and rental companies are embracing the new challenges set forth. The connected car is a ground-breaking trend in the automotive industry, and many automobile manufacturers are offering telematics as standard services in vehicles rolled out from f...