Search results for: 'formulation components shift'

The automotive industry is experiencing a significant transformation, transitioning from conventional to software-defined vehicles. As vehicles develop into intelligent, connected platforms driven by electrification, autonomous driving technologies, and digital services, traditional original equipment manufacturers (OEMs) are confronted with increa...

02 Sep 2025  |  Global  |  Market Research

Global Off-Highway Equipment Industry Outlook 2025

Shifting Customer Behaviors Spurred by Economic Uncertainties Will Drive Collaboration Among Stakeholders

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Economic uncertainties caused by the Russo-Ukraine conflict and trade wars have significantly affected OEM operations, supplier confidence, and consumer purchase decisions in the off-highway equipment industry. While these challenges are expected to delay economic recovery, government investment programs, subsidies, and bilateral trade agreements a...

30 Apr 2021  |  Global  |  Market Research

Competitive Intensity Propelling the Global Autonomous Driving Industry Market, Outlook 2021

Future Growth Potential Enhanced by Growth Opportunities in L2 And L3 Piloted Driving Features

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Key Issues Addressed

The automotive industry is among the most affected sectors in the pandemic and is currently amid progressive recovery in major markets. Autonomous driving has also faced challenges due to this. A few of them include a decline in Autonomous Vehicle (AV) sales, shortage in value chain components, delayed technology introduction, and shift in consumer...

Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...

Advanced robotics and autonomous systems (RAS) are rapidly transforming industrial operations by integrating adaptability, intelligence, and precision into core processes across various sectors, including healthcare, manufacturing, automotive, and agriculture. Continuous advancements in hardware and AI-based decision-making are reshaping the capabi...

US President Donald Trump imposed a 25% tariff on imports of passenger vehicles, light trucks, and certain automotive parts (engines, transmissions, powertrain parts, and electrical components, among them) on March 26, 2025. He also announced a more comprehensive set of “reciprocal tariffs,” starting at 10% on almost all goods from most countries.S...

25 Apr 2025  |  Global  |  Market Research

EV Battery Testing and Diagnostic Services Industry, Global, 2025–2034

Battery Chemistry Evolution is Driving the Transformational Growth and Technological Advancements of Testing and Diagnostics

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Since the battery is the most expensive component of an electric vehicle (EV), effective battery diagnostics and repair have become a crucial sustainability element in the EV market. Appropriate diagnostics and repair equipment and services not only reduce overall maintenance costs for consumers by targeting repair and preventing expensive replacem...

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...

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...