Search results for: 'transform environment'

25 Apr 2025  |  Global  |  Market Research

EV Battery Testing and Diagnostic Services Industry, Global, 2025–2034

Battery Chemistry Evolution is Driving the Transformational Growth and Technological Advancements of Testing and Diagnostics

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Since the battery is the most expensive component of an electric vehicle (EV), effective battery diagnostics and repair have become a crucial sustainability element in the EV market. Appropriate diagnostics and repair equipment and services not only reduce overall maintenance costs for consumers by targeting repair and preventing expensive replacem...

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...

The North American medium and heavy-duty commercial vehicle (CV) electronic service tools (EST) market is experiencing gradual and sustained growth, driven by interesting industry dynamics, such as advancements in vehicle complexity, a growing focus on vehicle efficiency and fuel economy, the increasing demand for a well-rounded fleet management pa...

14 Apr 2025  |  Global  |  Market Research

OEMs’ Used Car Retail Strategies, Europe and North America, 2025

CPO Programs and Electric Units Drive Future Transformative Growth Potential

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The used car market has undergone changes since the COVID-19 pandemic, driven by soaring prices and supply shortages of new vehicles that have suppressed demand. OEMs selling vehicles directly to end customers rather than through franchise dealerships as intermediaries is a new trend gaining traction globally. Under this business model, franchise d...

The global commercial vehicle market faced significant headwinds in 2024, with declining sales in the medium-duty (MD) and heavy-duty (HD) truck segments. This trend continued into the first half of 2025. Economic uncertainty, exacerbated by trade and tariff policies in the United States, stricter emission standards, rising inflation, supply chain ...

15 Apr 2025  |  Global  |  Market Research

Class 1–3 Engine Management Sensors Aftermarket, Europe, 2024–2029

Disruptive Technologies and Stricter Regulations are Driving Transformational Growth by Increasing the Number of Sensor-equipped Vehicles as well as the Number of Sensors Per Vehicle

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This Frost & Sullivan report analyzes the transformative shifts affecting the Class 1–3 engine management sensors (EMS) aftermarket in Europe for passenger cars and light commercial vehicles. The report categorizes EMS as follows: Camshaft/crankshaft sensors, manifold absolute pressure sensors, anti-lock brake system sensors, mass air flow sensors,...

The COVID-19 pandemic has affected industries worldwide, but few felt it as directly as the global commercial vehicles aftermarket. The collapse of economic activity in many regions reduced the number of trucks on the road and average miles driven. It also has caused a skilled labor shortage of truck drivers, repair technicians, and other workers n...

28 Jun 2024  |  Global  |  Market Research

Replacement Brake Systems, LATAM, 2024 2030

Replacement Brake Systems Driving Transformational Growth Due to Shifting Preferences in Passenger Vehicle Category

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This study covers the brake component aftermarket for passenger cars and light commercial vehicles (class 1 to 3) in Latin America, specifically Mexico, Brazil, and Argentina, in terms of both volume/units and value/revenue. The analysis includes unit shipment and revenue by automotive brake subcategories (i.e., brake pads, brake rotors/discs, brak...

This analysis examines the AI applications reshaping the automotive aftermarket ecosystem, exploring key adoption areas, regional dynamics, emerging use cases, and AI-driven investments driving change in operations and business models. Structured into six core segments, the report focuses on major value chain streams: Remote and On-Bay Diagnostics ...