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This research is based on a 2017 survey conducted in 12 key Indian cities to study consumer awareness, price perceptions, benefits, concerns, and willingness to purchase alternative fuel technologies—namely, electric vehicles (EVs) and full and mild hybrid vehicles. Full hybrid vehicles resounded with customers better compared to other types of veh...

The global power semiconductor market is forecast to record rapid growth with the increasing demand for EVs. Favorable government policies and subsidies and OEM commitment to net-zero emissions and sustainability targets contribute to the growing EV penetration. In 2021, global EV sales, including battery electric vehicles (BEVs) and plug-in hyb...

17 Nov 2017  |  North America  |  Market Research

Latin American Commercial Vehicles Market, Forecast to 2023

Powered by Digital Transformation, the LATAM Commercial Trucking Market is Estimated to Record a CAGR of 7.1% During 2016–2023

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The LATAM commercial vehicles market is experiencing a number of transformative shifts that are driven by social, economic, and technology disruptions impacting the region’s logistics, primary economic activities, new regulations aiding for CV fleet renewal, new business models being adopted by OEMs and Tier 1 providers, as well as technology innov...

16 Apr 2021  |  Global  |  Market Research

Innovative Business Models and Disruptive Technologies Powering the Global Shared and Autonomous Mobility Industry, Outlook 2021

Micromobility Sharing and Last-mile Delivery Driving Growth Opportunities

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Growing population and congestion in cities worldwide remain key drivers for the emergence of shared mobility market segments. The segments include carsharing, peer-to-peer carsharing, eHailing, ridesharing (carpooling), demand-responsive transit, and micromobility services, such as bikesharing. Greater focus on commuting flexibility through real-t...

Vehicle platform sharing and modular platforms are product development and manufacturing methods wherein different components and brands share the same products or parts. The main objective of this platform type is to reduce the overall cost of the design and production process. This deliverable gives an overview of the underlying processes and ben...

04 Dec 2019  |  Asia Pacific  |  Market Research

Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018–2025

The Market is Driven by Government Efforts to Make EV Viable by Promoting Local Manufacturing Through Incentives and Privileges

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Key Issues Addressed Key Benefits

In 2018, the penetration of electric vehicles, including Plug-In Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) in the total auto sales in Thailand was less than 1%. For instance, there were only 57 units of BEVs and 8,745 units of PHEVs were sold. PHEVs in the Thai market are premium vehicles and there are no mass-market models av...

23 Jan 2018  |  South Asia, Middle East & North Africa  |  Market Research

UAE Logistics Market—Growth Insights and Forecast to 2023

Rapidly Evolving Technologies and Innovations are Likely to Open Up Business Opportunities in Fleet Modernization, Warehousing, and Last Mile Delivery Solutions

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Government investment plans and infrastructure development initiatives are expected to support economic growth in the UAE. Despite uncertain regional economic conditions and low oil prices, UAE has managed to dampen the effects of such uncertainties with the help of economic diversification initiatives undertaken by the government. Logistics infras...

07 Sep 2018  |  South Asia, Middle East & North Africa  |  Market Research

Saudi Arabia Logistics Industry—Growth Insights, Forecast to 2024

Economic Diversification Initiatives, Investments towards Developing Logistics Infrastructure such as Multimodal Hubs, and Logistics Parks are Expected to Support Growth of Industry Segments

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Key Issues Addressed

The logistics industry in Saudi Arabia is evolving rapidly to meet the dynamic demands of customers, changing industrial landscape, and expansion of trade. Economic diversification initiatives, tax policy reforms, and FDI policies are encouraging open economy and private investment. Technology advancements and the nations vision on economic diversi...

Purpose-built vehicles (PBVs) represent the new breed of customized vehicle development. Unlike custom-built vehicle manufacturing processes, in which few alterations are made to existing vehicle models, PBVs are customized from the design phase to suit the application in which the vehicle will be deployed in the future. The PBV market is fragm...