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06 Jun 2023  |  North America  |  Market Outlook
Global Transit and Coach Bus Growth Outlook, 2023
Strong Growth for Zero-emission Buses in Europe and North America, but the Global Bus Market to Shrink Due to China
Geopolitical crises and high inflation prompted most central banks to raise interest rates in 2022, derailing the post-pandemic recovery. Energy costs increased manifold, impacting demand- and supply-side participants equally. Oil prices reached record highs as countries cut dependency on Russian imports, with the price of Brent crude oil reaching ...
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04 Nov 2016  |  North America  |  Market Research
Medium- and Heavy-Duty Truck Steering System Market in North America, 2015–2022
Addition of Active Steering Technology is Catalyzing the Active Safety Systems Market
The commercial vehicle market has a traditional business model that has resisted change for many years. However, technological advances such as advanced/active steering systems are changing market dynamics and increasing the cost of new trucks. Fleet managers have emphasized that they are not particularly concerned with or considering the installat...
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01 Feb 2019  |  Global  |  Market Research
Global Semi-Trailers Market, 2017–2025
As Emission and Fuel Efficiency Standards become More Stringent, Semi-trailers are Entering a Phase of Innovative Growth
Frost & Sullivan's research service on the global semi-trailers market provides a detailed analysis of market and technology trends, challenges, and forecasts from 2017 to 2025. The study covers North America, Western Europe, Brazil, Russia, China, Asia-Pacific, India, and Rest-of-World. It identifies and analyzes the key regulations and the evolut...
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18 Dec 2021  |  Asia Pacific  |  Market Research
Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Growth Opportunities
Sales Volume in the Region is Expected to more than Double by the End of the Decade, Driven by Rising Infrastructure and Economic Activity
The overall commercial vehicle volume in ASEAN is expected to reach 1.7 million units by 2030, growing at a CAGR of 7.9% between 2020 and 2030. The region has experienced rapid industrialization, moving away from agriculture and toward manufacturing of electrical and electronic components and machinery. Post the pandemic, there has been a revival i...
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05 May 2017  |  Africa  |  Market Research
African Commercial Vehicles Market, Forecast to 2025
Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments
The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...
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25 Nov 2021  |  North America  |  Market Research
Global Heavy-duty Commercial Vehicle Transmission Market Growth Opportunities
Automated Manual Transmission to Gain Top Share by 2030 and Rise in Refuse Applications Drives the Adoption of Fully Automatic Transmission
The global transmission market for heavy-duty (HD) commercial vehicles has changed drastically in the past few years. Manual transmission (MT) was the go-to option for all drivers in the North American market due to its robust gears, the expertise required, and low initial cost. However, drivers—especially those new to the industry—have embraced au...
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15 Dec 2021  |  North America  |  Market Research
North American Technological Advances in Trailer Growth Opportunities
Innovative Aero Devices, Smart Trailers, and Trailer Electrification Shape the Market by 2030
The North American trailer market plays a vital role in the transportation sector. Nearly 75% of all Class 8 trucks are tractors. Each tractor requires a trailer to haul goods. More than 250,000 trailers are produced each year against an average of 162,000 tractors over the same period. The average trailer to tractor ratio ranges between 1.4–1.8, w...
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09 Jun 2020  |  Global  |  Market Outlook
Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020
A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year
In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...
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