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The lawn and garden equipment segment of the off-highway equipment industry has grown significantly in recent years, with a global market size of $29.63 billion in 2024. Frost & Sullivan projects a compound annual growth rate of 22.1%, reaching $98.02 billion in revenue over the 2024 to 2030 period. Factors driving industry growth include demand fo...

Autonomous driving and ADAS features are on the rise in the NA market. Market participants that offer vehicles with L1 and L2 capabilities dominate the current market. A few of these OEMs also have vehicles with L2+ capabilities. Vehicles with L2+ ADAS and L3 AD capabilities will dominate the future of the NA ADAS and AD markets. Because of the ple...

The global off-highway (OHW) equipment industry enters 2026 amid a complex and evolving macroeconomic environment characterized by geopolitical uncertainty, energy price volatility, and shifting trade dynamics. While the baseline outlook suggests moderate global GDP growth of about 3%, downside scenarios driven by war, supply chain disruptions, hig...

The Latin American light vehicle industry has been recovering from the COVID-19 pandemic. In 2024, the industry sold 5.2 million vehicles, representing a 7.9% year-over-year (YoY) growth. Although it has yet to reach the 2019 sales figure, it is expected to do so in 2025. This year, the region is expected to sell approximately 5.4 million units, wh...

This Frost & Sullivan analysis examines the evolution of mobility innovation through a comprehensive benchmarking of automotive and mobility-related patents across connected, autonomous, shared, and electric (CASE) mobility dimensions. Using patent data from the United States Patent and Trademark Office spanning 1976 to 2040, the analysis maps lon...

15 Mar 2018  |  North America  |  Market Outlook

Global Autonomous Driving Market Outlook, 2018

The Global Autonomous Driving Market is Expected Grow up to $173.15 B by 2030, with Shared Mobility Services Contributing to 65.31%

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2018 will see the first true deployment of automation where the vehicle will tell the driver with the first level 3 (L3) autonomous capability by taking the driver out of the loop to be introduced next year. Ironically, this may happen through a software patch update or a flagship generational product launch. Regardless of the medium through which ...

Frost & Sullivan organized the 13th edition of its flagship Intelligent Mobility Summit 2021 on July 14 and 15, 2021. The focus of the two-day virtual summit was “Intelligent Mobility: Innovating to Zero” with the spotlight on the Asia-Pacific region. This year, the Summit brought together a stellar group of industry thought leaders, policymakers, ...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to real-time geospatial data analytics for micromobility fleet optimization and demand-responsive vehicle placement, urban air mobility using ducted thrust solutions, smart EV charging solutions, laser technology for advancing sensing and autonomy in vehicles, PEM fuel c...

This Frost & Sullivan analysis provides a comprehensive outlook on the global extended-range electric vehicle (EREV) market, examining regional dynamics, technology evolution, original equipment manufacturer (OEM) strategies, and future growth scenarios across Europe, the United States, and China. The study highlights EREVs as a transitional techno...