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Most of the commercial vehicles operating in the light (LCV) and medium (MCV) range are predominantly steered by hydraulic power steering (HPS). Very few LCVs use an electrified steering solution, while none of the MCVs are able to use electrified steering because of the front axle. This research looks in the potential for steering electrification ...

Electric buses will find traction across major regions driven by emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions. The growing adoption of electric transit buses has enabled global sourcing and supply chain for alternate powertrain buses. The market is witnessing strong collaborati...

With the framing of stringent emission norms and strong regulatory push, the automotive industry is fully prepared to shift toward electric powertrains. Although automakers have been investing in various alternative powertrain technologies to achieve low/zero emission, Electric Vehicles (EV) look promising for OEMs. They and battery manufacturers a...

28 Sep 2020  |  Global  |  Market Research

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

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The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...

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...

19 Jul 2016  |  Europe  |  Market Research

Strategic Analysis of Select Commercial Vehicle Markets Across Eastern Europe and Central Asia

Commercial Vehicle Markets to Attain Higher Growth Trajectories in Eastern Europe and Central Asia, 2015-2022

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Scope of the report The research report includes the following segments: Product scope: Commercial vehicles Geographic scope: Eastern Europe and Central Russia End-user scope: Commercial vehicles OEMs Market drivers and restraints, market trends, geographic analysis, distribution trends, competitive trends, and market share analysis have a...

The global medium- and heavy-duty (MD-HD) truck market is evolving rapidly as a result of dynamic product changes as a result of emission standards, shifting the onus to research and development in the powertrain space. Turbocharging technologies will play an increasing role in powertrain strategies as power density and fuel efficiency challenges b...

Urbanization of inner-China, renewed focus in road and power infrastructure development in India, and inward-looking investments by the Middle Eastern nations, will stoke economic growth and drive off-highway vehicle demand in these regions in the next 4–5 years. The demand for construction machinery will grow in China owing to development in infra...

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 ...