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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
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 ...
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24 Nov 2022  |  Global  |  Market Research
Strategic Overview of the Global Quadricycle Market
The Future Growth Potential of Micro-mobility will Help the Global Quadricycle Market Achieve 200,000 Units in Sales by 2028
The increasing rate of urbanization and growing traffic in major cities around the world have opened up new opportunities for micro-mobility transportation. One such emerging mico-mobility option is the quadricycle. This study aims to provide a strategic overview of the quadricycle industry, identifying and examining the factors contributing to the...
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06 Aug 2021  |  Global  |  Customer Research
US Vehicle Subscriptions—Voice of Customer Analysis, 2020
Currently, the Market Potential for Used-car Subscription in the US Ranges from 400,000 to Approximately 1 Million Units, and 10% of All New Vehicles Retailed in 2025 are Expected to Be Offered Under the Vehicle Subscription Business Model
Globally, the US continues to be the leading market to test and launch vehicle subscription offers. Frost & Sullivan estimates about 32 vehicle subscription programs in the US at various stages of life cycle in 2018, and it is expected to witness more than 50 programs by 2025. Frost & Sullivan carried out more than 2000 interviews among potential c...
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05 Dec 2017  |  Global  |  Market Research
Select Automotive OEM R&D KPIs Analysis, 2011–2016
Around $40 Billion was Spent on R&D by 5 Global Automotive OEMs in 2016
Automotive manufacturers are currently focusing on building fully connected and completely autonomous vehicles, as drivers expect next-generation digital technologies in their cars. As autonomous and connected technologies go hand-in-hand in building efficient self-driving cars, connected car technologies will create a drift in the automotive ecosy...
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20 Jun 2017  |  Global  |  Market Research
Trends in the Global Super Luxury Vehicles Market, 2016–2025
Super Luxury Brands Expected to Double Sales from 4,000 to 8,000 by 2020, Owing to Crossover and SUV Sales
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 ...
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05 Jul 2022  |  Global  |  Market Research
Growth Opportunities for Global Special Purpose Acquisition Companies (SPACs) in Mobility
SPAC Deals of More than $16 Billion in 2021 Show SPAC Mergers Gaining Popularity among Start-ups Looking to Go Public Quicker and Easier
In 2020 and 2021 SPAC popularity exploded, grabbing the attention of investors, start-ups, technology companies, and regulators alike. The SPAC approach offers many start-ups, technology companies, and non-traditional automotive companies an alternative path to public market. Essentially blank check shell companies, SPACs are formed to list compani...
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31 Oct 2022  |  Global  |  Market Research
Strategic Insights on Future Smart Parking Systems
Global Market to Reach $18 Billion By 2030 With IoT, Blockchain, and RFID Reshaping Business Models and Enhancing Management Solutions
This study offers strategic insights into the technologies and trends affecting the smart parking market. Digital technologies, such as IoT, 5G, and blockchain, have helped consumers locate parking lots through cell phones and vehicle infotainment systems. Image processing, RFID, and ground sensors have simplified the parking monitoring process wit...
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11 Sep 2018  |  Global  |  Market Research
Strategic Analysis of the Renault-Nissan-Mitsubishi Alliance
By Launching 12 New EV Models, the Alliance is Set to be the First to Cross the One-million-a-year Sales Mark by 2022
In 2017, the Renault-Nissan-Mitsubishi Alliance sold an estimated 10.6 million passenger vehicles and light commercial vehicles (LCVs), making it the best-selling automotive group in the world. Such an achievement stems from the Alliances commitment to driving maximum synergies, while enabling individual brands to retain their distinct identitie...
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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%
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...
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08 Nov 2022  |  Global  |  Market Research
Strategic Analysis of the Automotive Circular Economy
Increased Adoption of Circular Economy Practices Leading to Transformational Growth Across the Automotive Value Chain
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...
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