Search results for: 'middle level'

Urbanization of inner-China, renewed focus in road and power infrastructure development in India, and inward-looking investments by the Middle Eastern nations, will stoke economic growth and drive off-highway vehicle demand in these regions in the next 4–5 years. The demand for construction machinery will grow in China owing to development in infra...

The purpose-built vehicle (PBV) market is a new business model in the automotive industry that involves original equipment manufacturers (OEMs) designing, manufacturing, and selling highly customized vehicles according to customers’ application needs. There are high demand and competition in the shared mobility market, ride-hailing services, and la...

The construction and agricultural equipment market is expected to experience significant growth in APAC and moderate-to-slow growth in the Middle East and LATAM until 2030. Investment in residential, urban, and transportation infrastructure will drive sales of compact construction equipment, while farms (through rental) in APAC and LATAM will drive...

This Frost Radar™ highlights seven start-ups actively engaged in testing and developing Level 4 autonomous trucks in the United States and Europe to alleviate driver shortages and reduce accidents while making truck transportation more efficient. The analysis includes an overview of each company’s product offerings, research and development endeav...

30 Jul 2019  |  Global  |  Market Outlook

Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2019

Manufacturer-level Revenue to Approach $100 Billion in 2019 Across 20 Key Markets

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The global commercial vehicles aftermarket is a large, but overlooked industry. Across the world, the average company spends nearly $5,000 a year on maintenance and repair parts for just one commercial truck, compared to less than $1,000 that a consumer spends for a passenger vehicle. The aim of this study is to identify the size of the global comm...

Frost & Sullivan's research service on the regulatory framework towards autonomous driving in heavy-duty truck provides detailed market and technology trends, challenges, and forecasts from 2017 to 2025 at a global level. The study identifies and analyzes the key goals and progression needed to realize autonomous semi-trucks by 2025. It outlines th...

29 Aug 2024  |  Global  |  Market Research

Growth Opportunities in Advanced Driver Assistance Systems for Passenger Vehicles, China, 2023 2030

Stiff Competition from Domestic Players is Driving Transformational Growth by Pushing International OEMs to Offer Higher Levels of ADAS Features

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To become the global leader in the autonomous driving market, the Chinese government has paved the way for its automotive industry to leapfrog and develop autonomous solutions within the country. This has resulted in domestic original equipment manufacturers (OEMs) developing innovative features such as navigate-on-pilot and other L3/L4 solutions. ...

08 Jun 2016  |  Global  |  Market Research

High Definition Maps for Automated Driving

Map Suppliers Expect Highly Autonomous Driving Maps to be Adopted to Power Level 3+ Features

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Maps for Highly Autonomous Driving (HAD) is one of the key pieces in the puzzle to enable autonomous driving vehicles. This study focuses on elaborating the role of these maps in enabling autonomous driving and answering questions such as why are HAD maps essential? How do they differ from standard navigation maps? The study also provides penetrati...

08 May 2024  |  Global  |  Market Research

Growth Opportunities in Passenger Vehicle High-definition Maps, 2024 2030

Competitive Intensity Will Push Original Equipment Manufacturers to Roll Out Advanced Level 2+ Autonomous Vehicles, Increasing the Demand for High-definition Maps in North America and Europe

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The increase in demand for safety and convenience features has boosted the development and adoption of advanced driver assistance systems (ADAS) and autonomous driving (AD) features in passenger vehicles. Original equipment manufacturers (OEMs) seek to implement level 2 and above features in their mass-market vehicles to gain a competitive advantag...