Search results for: 'formulation components share'

By 2030, the shared mobility market will have 10.5 million electric vehicles in its fleet dominated by electric bikes and then ride-hailing vehicles. Electrification was under the radar of all the mobility operators and cities, even before the pandemic. Cities should neither lose sight of the long-term goal which is to reduce GHG emissions nor brea...

13 Jul 2022  |  Global  |  Market Research

Global Self-healing Materials (SHMs) in Automotive Growth Opportunities

Future Growth Potential to Reduce Maintenance Costs and Increase Components’ Lifetime Drives Market to US$3 Billion by 2024

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Frost & Sullivan provides insights into the use of self-healing materials (SHMs) in the automotive industry specific to cars by defining these materials and listing the types of mechanisms available. This study covers SHM application areas in the automotive industry with a timeline for commercialization. The report also compares various competitors...

This report identifies the new scenarios that are impacting the automotive insurance industry and the evolving and new business models in this space. The study identifies and analyzes the trends and the shifts in the industry, focusing particularly on 4 areas—connected, autonomous, shared, and electric. The automotive insurance industry has witn...

11 Aug 2022  |  Global  |  Market Research

Strategic Profile of Volvo Cars

By 2025, Volvo Cars will be an EV Firm with BEV Models Added Annually to the Product Portfolio and Transformational Growth of EV Share to More than 50% of Retail Sales

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This research service focuses on the strategic profile of Volvo Cars and delivers insights into its operations and activities in the global market, including China, Europe, and North America. With EVs gaining popularity and the industry digitizing, Volvo is actively electrifying its product lineup and introducing new-gen software systems for a soft...

30 Jun 2022  |  Global  |  Market Outlook

Global Automotive Outlook, 2022

Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth

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Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...

06 Jun 2023  |  Global  |  Market Outlook

Automotive Outlook, 2023

Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%

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Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...

The automotive industry has evolved from implementing circular economy practices only at the process level to adopting them at all parts of the value chain. This research service provides insights into strategies adopted by automotive original equipment manufacturers (OEMs) to align with circular economy goals in each stage of the automotive lifecy...

Traditional manufacturing centers on the process of generating new resources for production whereas a circular economy model aims to minimize the use of virgin materials in the manufacturing process, making the value chain sustainable. The focus is on reclaiming, reusing, and remanufacturing components and materials from end-of-life (EOL) products....

The global automotive industry is undergoing a massive shift toward electric vehicles (EVs), and strategic mergers and acquisitions (M&As) will help companies leverage this shift and drive growth. Legacy automakers and component manufacturers are constantly scouting for suitable parties to synergize their capabilities and keep pace with the evolvin...