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Japan’s commercial vehicle market remains a vital pillar of its industrial economy, underpinned by a mature automotive ecosystem, advanced manufacturing capabilities, and a strong domestic supply chain network. The sector continues to be dominated by leading domestic OEMs such as Toyota, Suzuki, Isuzu, and Hino, which together command significant m...

Incentives to purchase electric light commercial vehicles (LCVs), trucks, and buses—such as subsidies, tax cuts, or even penalties on internal combustion engine (ICE) vehicles—can significantly make electric vehicles (EVs) attractive to fleets by considerably lowering the acquisition cost. Incentives also give original equipment manufacturers (OEMs...

Global light vehicle demand remained resilient in 2025, supported by the recovery of major automotive markets, strong APAC momentum, and the continued consumer shift toward electrified and utility-focused vehicles. This report evaluates how the global automotive industry is entering 2026 amid geopolitical instability, tariff realignment, weakening ...

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...

This study focuses on the European last-mile food and grocery delivery market, covering platform-mediated meal delivery and quick commerce orders, and excluding merchant-owned direct delivery channels.It analyses key industry drivers and restraints, value chain configurations and operating models, providing strategic insights into the factors shapi...

The global school bus industry continues to experience moderate growth, driven by the ongoing replacement of aging fleets and the expansion of educational infrastructure. North America maintains the largest share of the market, with robust demand in India and China. In the United States, the regulatory landscape for clean transportation is undergoi...

This study analyzes the growth dynamics of the Indian passenger vehicle market, focusing on key demand and supply-side drivers, as well as structural restraints affecting long-term expansion.It evaluates the competitive landscape of major OEMs, with a specific emphasis on product mix, pricing strategies, and segment positioning across the entry-lev...

The global robobus market is at an inflection point. Large autonomous buses are no longer a concept—they are running as paid public services in China, South Korea, Norway, Switzerland, Finland, and the Netherlands. Europe is in its first wave of real deployment, with active L4 commercial service across multiple countries simultaneously. Japan is bu...

Turkey's bus market is undergoing a period of structural change marked by tightening growth conditions, shifting customer expectations, emerging technologies, and new regulatory compliance. This study provides a comprehensive outlook of how the sector is evolving and why companies are finding expansion more challenging than in previous cycles. It e...