Search results for: 'its investment'

Automotive market participants have realized that the future of the automotive industry lies in the direction of electric vehicles, and hence are investing heavily in developing their own electric vehicles. After the disruption initiated by Tesla, many startup companies are developing electric vehicles and challenging mainstreams original equipment...

10 Jan 2018  |  North America  |  Market Research

Automotive OEMs Global Manufacturing Facility Investment Strategies, 2010–2022

6 OEMs Target Nearly $275 Billion Investments Globally by 2022, Including 26% Share in North American Manufacturing Facilities

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Key Issues Addressed

The need to optimize manufacturing investments, better utilization of production facilities, and improving production plant performance are becoming paramount, as they enable manufacturers to start delivering high volumes of vehicles with a variety of models that are preferred in the market and they will also open the door to lucrative revenue stre...

The global shared mobility market has been expanding at a tremendous pace. With growing demand for shared mobility business models over the last few years, the overall market has paved way for numerous innovative startups in this space. Shared mobility has not only provided solutions to tackle growing congestion and pollution in cities, but has als...

22 Aug 2016  |  North America  |  Market Research

Automotive Industry IT Spending—CIO Focus, Trends, and Highest Growth Areas

By 2020, IT Spending by Automotive Companies to Reach $80.05 Billion

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Growing digitization, connectivity, cloud computing, dynamic customer preferences, Internet of Things (IoT), cybersecurity, and increasing automation are the key trends driving the automotive industry to invest in IT. Automotive OEMs, Tier I suppliers, and automotive ecosystem participants invest in key focus areas including Industry 4.0, digital r...

This study looks at the outcome of the 2018 Strategy which was introduced by the VW Group in 2010. It then analyzes the recent Strategy 2025 which was rolled out by the group. Key aspects of the new strategy are analyzed and their implications for the overall group and the individual brands are discussed. The study also looks at the various capabil...

29 Sep 2023  |  North America  |  Market Research

Competitive Analysis of Original Equipment Manufacturer (OEM) Investments in Vehicle Electrification

Localized Battery Development and Production Prioritized to Cater to Future Regional Electric Vehicle (EV) Demand

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Frost & Sullivan’s projection indicates that the global EV market will record over 44% year-on-year unit sales growth in 2023. China, Europe, and North America will be important contributors to this surge. Increased focus on reducing carbon emissions will drive EV demand in coming years. OEMs have been rushing to gain a share of the competitive EV ...

Industrial Internet of Things (IIoT) can be leveraged to transform the production aspect and future potential of the automotive manufacturing business. Though evolving technologies play a key role in fostering the automotive business, it is crucial that automotive manufacturers stay connected in order to amalgamate different technologies like machi...

This research service provides an in-depth analysis of powertrain technologies and the strategic imperatives of upcoming diesel/gasoline technology, technology roadmaps, and technology advancements. The study highlights current and future product plans of various manufacturers and their growth potential. Emission regulations are tightening across t...

06 Apr 2017  |  North America  |  Market Research

Mobile Apps in the North American Trucking Industry, 2016–2017

Trucking Apps Evolving Rapidly to Offer $2 Billion Investment Opportunities by 2020

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Smartphones are not only a gateway for information, they are also increasingly becoming business enablers for the trucking industry. They are driving up efficiency and opening up new opportunities in the trucking ecosystem with a spurt in the growth of dedicated mobile apps for trucking. While only a few drivers attached to large fleets get access ...