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The global 2W lubricants industry is growing at a steady pace due to rising demand for 2Ws as personal transportation and the emerging trend in leisure motorcycling. This 2W lubricants analysis study covers engine oil, brake fluid, gear oil, chain lube, and coolant, which are considered to be the major types in 2W lubricants. The report covers spec...

The growth of digital tools and technologies has created new business models for the automotive industry. Today's automotive OEMs are shifting from selling cars to providing mobility solutions by exploring opportunities in several markets, such as electric vehicles, connected and autonomous mobility, and others, to create revenue opportunities. Thi...

This research service provides a broad view of the autonomous shuttle market. It analyzes recent developments and key challenges and offers the latest updates on market size, forecasts, and regional trends. The study provides a detailed analysis of the autonomous shuttle markets in North America, Europe, and China and provides snapshots of the mark...

This market research provides a detailed analysis of the future trends in the global super luxury vehicles market. Super luxury vehicles are defined as the vehicles that cost above $90,000, with high-end luxury features such as comfortable interior seating, comfort suspension, and powerful powertrain. They are broadly classified into the following ...

The automotive industry has evolved significantly over the past decade. Digital technology, change in customer sentiment and economic health have played a vital role in this evolution. OEMs and other key industry players are taking note of this evolution and investing heavily in non-commercial business practices of manufacturing vehicles. Alternati...

02 Jul 2021  |  Global  |  Market Research

The Global Semiconductor Chip Shortage Crisis and Its Effects on the Automotive Industry

About 1.38 Million Fewer Units Were Produced in Q1 2021 Due to Shutdowns and Production Slowdowns Arising from the Chip Shortage. The Situation Could Worsen, and Production is Likely to Reduce by a Further 2.40 Million Units in Q2 2021

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The rising trend of the electrification of vehicles has increased automakers dependency on semiconductor chips, making them a critical component in new-gen cars. Toward the end of 2020, the global shortage of semiconductor chips forced many OEMs to temporarily suspend vehicle production or reduce the working shifts in their factories. Leading OEMs ...

The rapid rate of urbanization in many parts of the world has heavily stressed their urban transport system. Many areas are underserved by transit systems due to the lack of first and last mile connectivity, inaccurate scheduling, low availability of cabs, expensive ride services, and traffic congestion. Alternative modes of transportation, that of...

A digital twin is a virtual replica of a product, system, or process. Geopolitical tensions arising as a result of the COVID-19 pandemic, trade disputes, wars between countries, and other factors have prompted automakers and their suppliers to employ digital technologies to minimize operational disruptions, reduce costs and resource utilization, re...

The global automotive industry is being completely redefined, from what goes into an automobile to how raw material is mined for production. Every underlying tenet of the industry is changing as the world strives toward sustainability, consumer preferences evolve, and data grows in abundance and significance. This comprehensive Frost & Sullivan...