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11 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research
Intense Competition among Dealers and Distributors Reshaping the Gulf Cooperation Council (GCC) Bus Industry
Government Efforts and Initiatives to Develop Infrastructure and Boost Tourism Fuel Growth Strategies
The GCC bus industry is expected to grow at a compound annual growth (CAGR) of 3.6% by 2025. Industry sales have been severely impacted by the economic downturn, resulting from decline in oil prices due to the OPEC Agreement. Moreover, the COVID-19 pandemic is having a major effect on GCC bus industry sales, which are estimated to decline by 19% in...
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21 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the North American Autonomous Trucking Technology Enablers Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Accord...
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23 Dec 2022  |  North America  |  Frost Radar
Frost Radar™: Transportation Management Systems in North America and Europe, 2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
The COVID-19 pandemic disrupted global supply chains, which still struggle with unpredictable shipment delays and longer harbor freight holdups on top of inefficient planning, higher costs, and lack of real-time visibility. The transportation management system (TMS) market is on growth trajectory as more companies realize the potential to reduce tr...
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11 Jan 2021  |  South Asia, Middle East & North Africa  |  Market Research
Disruptive Technologies and Innovative Business Models Transforming the Transport Management System Market in India
Growth of the eCommerce Industry, Digital Transformation of Logistics Operations, and Shifting End-user Preference towards Low Cost of Ownership to Drive Uptake of TMS Solutions
The transport management system (TMS) market in India is estimated to register double-digit CAGR from 2019 to 2028. Growth of the eCommerce industry, digital transformation of logistic operations, and shifting end-user preference towards low cost of ownership will drive the growth of TMS solutions in the country. This study covers the TMS software ...
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13 Sep 2017  |  North America  |  Market Research
Blockchain in the Global Commercial Vehicle Industry, Forecast to 2025
Blockchain to Have a Transformational Impact, Accounting for 10–15% of Total Industry Transactions
The increasing use of blockchain technology will go hand in hand with growing advances in the commercial vehicle industry, especially through digitisation and automation. Key trends such as digital transformation, rise in automation, modern logistics systems, and proliferation of financial technology (fintech) influencing trucking are expected to d...
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17 May 2023  |  North America  |  Market Outlook
Global Light, Medium, and Heavy Commercial Vehicle Outlook 2023
Growth Regions China and India Drive Truck Demand Amid Continued Market Uncertainties
In this report, Frost & Sullivan studies the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023, with 2022 as the base year and 2023 as the forecast year. We segmen...
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15 Dec 2022  |  North America  |  Market Research
Strategic Overview of Start-ups Disrupting the Global Commercial Trucking Market, 2022
Technology and Innovative Business Models Drive the Growth of Emerging Start-ups in the Commercial Vehicle Space
The commercial trucking market is rapidly transforming with the influx of advanced technologies, data-aided business models, automation, and the need to reduce carbon gas emissions. Though the market experienced a slump during the pandemic in 2020, operators quickly realigned their business models and emerged stronger. During the pandemic, emerging...
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20 Jul 2022  |  Global  |  Frost Radar
Frost Radar™: Global Freight Visibility Platforms, 2022
A Benchmarking System to Spark Companies to Action Innovation that Fuels New Deal Flow and Growth Pipelines
Freight visibility platforms have transformed how logistics stakeholders manage their inbound and outbound shipments in light of the recent COVID-induced supply chain disruptions. Globally, the need to streamline freight management systems and introduce real-time freight visibility is pressing. With the platforms’ unique value propositions, enter...
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17 Nov 2022  |  North America  |  Frost Radar
Frost Radar™: Electric Commercial Vehicle Charging Network Start-ups in North America and Europe, 2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
As government initiatives promote the use of zero-emission vehicles and commercial vehicle manufacturers continue to launch new models, Frost & Sullivan projects that about 7.2 million electric commercial vehicles will be in operation in North America and 5.8 million in Europe by 2030. Sufficient charging infrastructure will have to be in place to ...
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14 Mar 2019  |  South Asia, Middle East & North Africa  |  Market Research
Commercial Vehicle Market in the Gulf Cooperation Council, 2018
Economic Recovery and Investment in Infrastructure will Drive Market Growth
The GCC automotive market was severely affected by the economic downturn arising from decline in oil prices. The region is however aiming to diversify its economy to decrease its reliance on the oil sector. This will prevent the oil price from having such a significant impact on its economy. Commercial vehicle (CV) sales have dropped year after ye...
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