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This Frost & Sullivan analysis examines key changes characterizing the South Korean light commercial vehicle (LCV) and medium- & heavy-duty (M&HD) truck market. The trucking industry, dominated by legacy companies that are resistant to change, has attracted interest from tech-savvy start-ups in recent years. These young companies are using advanced...

The global passenger vehicle hands-free driving market is transitioning toward broader commercialization, driven by software-defined vehicle (SDV) architectures, AI-native perception, centralized compute platforms, and lower sensor and compute costs. The market is forecast to soar from $8.9 billion in 2025 to $37.45 billion by 2032, with Level 2+ s...

The world is in a massive transformation phase, where digital solutions are being introduced in most of the key markets. The automotive industry is part of this transformation, launching new products, technologies, services, and interfaces. Automakers are no longer hardware makers, but evolving into technology companies. This new scenario is pushin...

The study provides an overview of the off-highway equipment market in China, with a specific focus on construction, mining, and agriculture.China has a large population of 1.4 billion people, a vast geographical area, and rich natural resources. Key activities such as infrastructure construction, mining, and agriculture have improved the country’s ...

This report examines the cascading impact of the 2026 US–Iran War on the global automotive industry, spanning supply chain disruptions, commodity price shocks, production forecasts, and shifting consumer demand across major markets. The conflict, which began in late February 2026, triggered the closure of the Strait of Hormuz—a chokepoint handling ...

India’s automotive HMI system market is experiencing a technological shift as more original equipment manufacturers (OEMs) introduce advanced infotainment systems with every new model launched. The growing demand for comfort, convenience, safety, and security has boosted the market for cars with advanced HMI features, more connected technologies, a...

29 Jul 2025  |  Global  |  Market Research

In-vehicle Payments for the Passenger Vehicles Market, North America and Europe, 2024–2031

Disruptive Technologies like IoT, AI, 5G, and Connected Solutions, along with Cross-industry Collaborations, are Driving Transformational Growth by Aligning with Evolving Mobility Trends

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In-vehicle payments (IVPs) for passenger vehicles are shifting into a new era, transforming the driving experience by enabling financial transactions from the driver’s seat. This Frost & Sullivan report examines how automakers, platform providers, and payment service enablers are reshaping the driving experience, offering seamless, secure, and pers...

India’s electric truck charging ecosystem is entering a critical phase of commercialization, with revenue generation and investment returns emerging as key focus areas alongside infrastructure deployment. As medium- and heavy-duty electric trucks scale up, charging infrastructure development across high-freight-movement corridors, major logistics h...

This Frost & Sullivan study analyzes the automotive fleet service aftermarket in North America and Europe. CASE-driven transformational megatrends, geopolitical escalations in Europe, and rising competitive intensity in the value chain are driving digital transformation through telematics and connected technology in the automotive fleet maintenance...