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This study provides an analysis of the European power steering market. Power steering has been widely adopted in the passenger vehicle industry in Europe as it enables fuel efficiency, ensures easy integration with other vehicle systems, improves steering performance, and provides enhanced assistance for advanced driver-assistance systems (ADAS) an...

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...

21 Dec 2022  |  Europe  |  Market Research

European Off-highway Equipment Industry Growth Opportunities

Sustainability Targets and a Looming Energy Crisis Will Affect Electrification and Digitization

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Sustainability targets and the requirement to reduce operational costs, maintenance costs, and equipment downtime have increased the need for synergies across the off-highway value chain in Europe. The requirement for electric charging and hydrogen fuel infrastructure increases and the need to digitize processes becomes more urgent, thus pushing to...

Most of the commercial vehicles operating in the light (LCV) and medium (MCV) range are predominantly steered by hydraulic power steering (HPS). Very few LCVs use an electrified steering solution, while none of the MCVs are able to use electrified steering because of the front axle. This research looks in the potential for steering electrification ...

As this study illustrates various internal and external challenges faced by fleet managers that require solutions to optimise cost and operations and at the same time improve customer service. Telematics is a powerful management tool that can support fleets in overcoming those challenges but in times of limited margins and economic slowdown, a sign...

The commercial vehicle industry in Europe is undergoing a transformation driven by the shift to zero-emission fuel technologies that focus on sustainability and affordability. Hydrogen fuel technology has emerged as a promising solution in long-haul, heavy-duty transportation. The demand for hydrogen trucks is expected to accelerate as European gov...

The European trailer telematics market remains largely fragmented, despite its presence exceeding a decade; yet competition amongst individual players is too fierce for any sizable market consolidation to happen. However, an influx of new stakeholders from various points in the supply chain, such as manufacturers of hardware, engines, brakes, tires...

Stringent European emission norms dictate that automotive Original Equipment Manufacturers (OEMs) comply with the carbon emission target of 95g/km by 2020 and the indicative range of 68–78 g/km by 2025. While OEMs have been focusing on improving efficiency, there is a growing preference among consumers for vehicles that offer better ride and handli...

The Swedish vehicle leasing industry is experiencing positive growth due to improvements in employment, fueled by strong domestic demand and trade. Company car registrations are expected to increase in Sweden, recording a CAGR of 4.1% for the next five years, as employees continue to prefer the salary sacrifice model to fund their cars. As the gove...