Search results for: 'fast digitization'

22 Jun 2023  |  Europe  |  Market Research

Growth Opportunities in the European Digital Tachograph Market, 2023

New Reforms and Telematics Integration Capabilities Offer Renewed Opportunities in the Saturated Market

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Tachographs have long been a tool to ensure and protect commercial vehicle drivers' rights and working conditions, increase road safety, and comply with local road transport laws and regulations in European countries. The digital tachograph market, the European equivalent of the North American electronic logging device market, has achieved record p...

19 Feb 2021  |  Europe  |  Market Research

Adaptation of Adjacent Retail Initiatives Driving Automotive Retail Digitalization

Future Growth Potential via Customer Engagement and Digital Tools Creates Growth Opportunities

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Key Issues Addressed

The COVID-19 pandemic shows the automotive retail industrys dependence on physical stores. While these physical stores are expected to continue being relevant in the future, the pandemic has brought digital tools role in customer engagement to the forefront. Every automotive retail stakeholder can transform its customers' appeal by embracing digit...

As more digitally native customers look to purchase a vehicle, industry players are ramping up digital enhancements in the customer journey relating to the purchase of new and used cars or in aftersales services. COVID-19-induced social distancing norms are changing business as usual, acting as an accelerator for more dealerships, OEMs, and traders...

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...

15 Jul 2022  |  Europe  |  Market Research

European Electric Truck Charging Infrastructure Growth Opportunities

Focus on Expanding Charging Infrastructure and Emergence of Ultra-fast Charging Accelerate Shift Toward Electric Commercial Vehicles

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With stringent emission norms and government incentives, electrification is poised to take off in Europe’s commercial vehicle segment. Technology advancements in battery and charging stations present huge opportunities for value chain participants. This study provides strategic insights on the European electric truck charging infrastructure coverin...

Industry-wide fleet average CO2 emission targets for 2025 have been set to be 15% lower than 2020 levels, while 2030 levels will be 37.5% lower than 2020 levels. These targets are more stringent and are for cars only (separate targets are set for LCVs). Once the focus area for emission reduction, developments in IC engines no longer play an inte...

Europe’s public-transit fare systems are moving away from cash, paper tickets, and closed-loop cards. Riders now hold an account, and the system works out the best fare after the journey, whether they pay with a bank card, a phone, or an app. Three forces drive demand: aging equipment that needs replacing, national and regional schemes that bring m...

Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To keep focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the...

Spain’s economy is on the road to recovery, mainly driven by internal demand and the revival of the exports sector. The country is likely to perform well due to export and domestic demand growth. Infrastructure investment is likely to play a key role in driving investment growth. In 2016, GDP expanded by 3.2%, making Spain one of the fastest-growin...