Search results for: 'solution cloud latam'

The automotive sector is undergoing a profound shift toward the software-defined vehicle, transforming cars into dynamic, upgradeable digital platforms. This transition critically demands advanced cloud computing to manage, process, and secure the vast amounts of data generated, establishing data management as a core strategic imperative for origin...

With 4.4 million units sold, the LATAM passenger vehicle market grew by 11.7% in 2021. The Chilean market had the biggest growth in the region, selling 60.6% more units than in 2020, going from 258.8 million units to 415.6 million units in a year. The Brazilian market, the biggest in the region, still has not reached pre-pandemic numbers. Chinese O...

28 Jun 2024  |  Global  |  Market Research

Replacement Brake Systems, LATAM, 2024 2030

Replacement Brake Systems Driving Transformational Growth Due to Shifting Preferences in Passenger Vehicle Category

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This study covers the brake component aftermarket for passenger cars and light commercial vehicles (class 1 to 3) in Latin America, specifically Mexico, Brazil, and Argentina, in terms of both volume/units and value/revenue. The analysis includes unit shipment and revenue by automotive brake subcategories (i.e., brake pads, brake rotors/discs, brak...

The Latin American commercial vehicle (CV) market is declining, primarily attributed to economic conditions in most countries of the region and a downturn in international commodity prices that negatively impact the regional CV markets, especially if they depend on growth in the mining, oil and gas, retail, and construction industries. Market recov...

In 2020, there was a 26.8% drop in total LATAM passenger vehicle sales, equivalent to a reduction of 1.5 million units. The Brazilian market was responsible for the largest drop in units, reaching 710,000 units less than 2019, followed by Mexico’s 368,000 unit drop. The automakers had different strategies for this period, from closing plants to dev...

As the global automotive industry moves towards the development of fully autonomous vehicles and envisions a future without road accidents, the Latin American automotive market is making significant advances in the introduction of new advanced driving assistance features. Many Latin American countries have some of the most severe road fatality figu...

This research study examines the evolution of passenger vehicle cockpit technologies from conventional systems to smart systems with digital user interfaces. This shift is attributed to the growing demand for connectivity and entertainment services for the driver and other occupants. The adoption of advanced autonomous driving functionalities has p...

The overall commercial vehicle volume in LATAM, including 6 countries Brazil, Mexico, Argentina, Chile, Colombia, and Peru, is expected to reach 50,540 units by 2030, growing at a CAGR of 7.7% between 2021 and 2030. Fleet renewal and electromobility laws will drive growth in the coming decade. There has been a revival in passenger transportation...

The research service analyzes and provides forecast for the commercial vehicle telematics market in LATAMBrazil, Mexico, Argentina, Chile, Peru, and Colombia. The major focus is on the market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy commercial veh...