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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...

24 Dec 2019  |  Europe  |  Market Research

Strategic Analysis of Electric Vehicle (EV) Ecosystem in the United Kingdom, 2018–2025

Introduction of WLTP and Removal of Incentives for PHEVs Have Resulted in a Decline in EV Sales in H1 2019

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Key Issues Addressed

The automotive industry is rapidly evolving in terms of technology, as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative, as they have low or zero emissions and have come a long way to becoming an integral part of OEMs’ business strategies. Automakers are creating separate EV business u...

16 Dec 2019  |  Europe  |  Market Research

Strategic Analysis of the Electric Vehicle (EV) Ecosystem in Germany, 2018–2025

BEVs and PHEVs are Expected to Grow from 72,014 Unit Sales in 2018 to 880,017 Unit Sales in 2025 at a CAGR of about 43.0% during 2018–2025

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Key Issues Addressed

The automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative as they have low or zero emissions and have come a long way to become an integral part of OEM’s business strategies. Automakers are creating separate EV business units to be...

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...

Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...

Electric truck adoption is increasing across geographies. An electric truck is a zero-emission vehicle during operation but while charging, the electricity is generated from sources that emit CO2. Similarly, energy-intensive manufacturing processes of Li-Ion batteries add to the CO2 emission trail of a BEV truck. In this research, Frost & Sullivan ...

2020 turned out to be the much-anticipated inflection point for PHEV/BEV adoption in Europe. Car buyers here clearly warmed up to the concept of electric mobility in the wake of the COVID-19 pandemic. In 2020, new electric car registrations in Europe doubled year-over-year to reach the 10% retail market share milestone even as the overall car marke...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are more focused on their core products/services and would like to outsource all other support activities. ...

In the rapidly changing automotive landscape, disruptive technologies are paving the way for a multitude of customer conveniences, with usage-based insurance (UBI) emerging as a standout example. This innovative business model is revolutionizing how insurance companies, original equipment manufacturers (OEMs), and leasing and rental fleets collect ...