Search results for: 'ICT Market Forecast'

Europe’s parking market is undergoing a structural transformation driven by urban decarbonization policies, electrification, digital enforcement, and the reallocation of curbside space. This study provides a strategic assessment of the European parking market, analyzing how parking is evolving from a traditional real estate and enforcement function...

Globally, many cities are making concerted efforts to shift away from car dependency toward greener, shared, and electrified transport solutions. As the willingness of people to use shared mobility apps increases, governments and cities are enacting policies to reduce carbon emissions, decrease congestion, and promote sustainable transport options....

The Indian electric two-wheeler (e2W) market has witnessed phenomenal growth over the past five years. Government policy initiatives including subsidies and tax breaks on e2Ws have incentivized purchases. However, with recent policy changes there has been a slowdown in the market, but the government aims to cultivate a self-sustaining EV ecosystem,...

This study presents a comprehensive overview of the global battery electric vehicle (BEV) market slowdown, with a particular emphasis on developments between 2020 and 2024. It thoroughly examines the deceleration in BEV sales growth, highlighting the growing disparity between production volumes and actual vehicle deliveries. The report contrasts...

In the post-pandemic era, the soaring trend of connected cars, users' adoption of in-vehicle connected services, and rising awareness of vehicle usage are encouraging the growth of automotive usage-based insurance (UBI) in Europe-5 countries (the United Kingdom, Germany, Italy, France, and Spain). Insurance companies' telematics adoption is revolut...

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...

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...

21 Feb 2025  |  Global  |  Market Research

Electric Three-wheeler Market, India, FY2024–FY2030

E3W Market is Experiencing Transformational Growth by Combining Affordability, Smart Technologies, and Environmental Stewardship across Passenger and Cargo Applications

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India's electric three-wheeler (E3W) industry has emerged as a pivotal force in the country's transition to sustainable transportation. Fueled by rapid urbanization, supportive government policies, and growing environmental concerns, the sector is forecast to maintain its robust growth trajectory. Affordable and eco-friendly, E3Ws are increasingly ...

In this study, Frost & Sullivan delivers a comprehensive analysis of the global light vehicle market, which grew 4% in 2024 to reach 83.8 million units, led by China’s dominance in electric vehicle (EV) adoption and domestic brand strength. The report provides in-depth analyses of the top five markets—China, the United States, India, Japan, and Ger...