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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...

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 global automotive industry experienced dynamic transformations in 2024, driven by rapid advancements in powertrain technologies and shifting production strategies. As the industry adapts to a growing demand for electric vehicles (EVs) and hybrid powertrains, major original equipment manufacturers (OEMs) are refining their model portfolios to ca...

13 May 2025  |  Global  |  Market Research

Autonomous Vehicle Regulations, Global, 2024

Evolving Regulatory Frameworks and Strategic Innovations Pave the Way for Autonomous Vehicle Market Transformation

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This study provides a strategic analysis of global autonomous vehicle (AV) regulations in 2024, highlighting key developments in testing across regions, regional dynamics, and frameworks shaping the AV ecosystem. It examines legislative progress and testing initiatives across North America, Europe, Asia-Pacific (APAC), and emerging markets. The US ...

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...

Automated parking for passenger vehicles is entering a transformative phase, redefining how drivers and vehicles interact with urban infrastructure. This study explores how automakers, Tier 1 suppliers, and technology enablers are leveraging AI, advanced sensor fusion, connectivity, and smart infrastructure to deliver seamless, hands-free parking e...

Connected vehicles are revolutionizing the automotive industry, evolving from transportation modes to smart, digital hubs that seamlessly integrate with users' lifestyles. In 2025, industry adoption of vehicle-to-everything (V2X) communication, AI-driven personalization, service-based monetization models, and software-defined Vehicles (SDVs) is exp...

The convergence of connectivity, artificial intelligence (AI), video intelligence, electrification, regulatory digitization, and data-driven operational optimization is profoundly changing the global truck telematics and fleet management market. What was once a fragmented market centered primarily on GPS tracking and basic fleet visibility has evol...

This Frost & Sullivan analysis provides an outlook for the electric vehicle (EV) industry based on the latest industry data, an outline of current trends, an in-depth examination of future developments, and a breakdown of the main stakeholders in the sector and their performance.Over 17.7 million units of EVs were sold worldwide in 2024, recording ...