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PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...

This study aims to research and analyse the new era of digital transformation in the farming industry and to assess the value proposition of these new technologies that address the expectations of farmers in transforming their business practices. Adoption of agricultural technology has become imperative for farmers, as they are facing tighter farm ...

The confluence of technologies in the trucking industry is providing a platform for various stakeholders to build service and solution-based revenue models. As commercial trucks increasingly integrate telematics devices, a plethora of services beyond tracking, from prognostics to asset management to driver behavior management, are being enabled. Th...

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...

26 Dec 2017  |  Global  |  Market Research

Executive Analysis of Electric Truck Market, Forecast to 2025

Chinese Thrust to Propel Global Light-medium-heavy Duty Electric Truck Market to More than 2.5 Million Units in Annual Sales by 2025

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Key Issues Addressed

This study provides an overview of the opportunities in the global medium heavy-duty electric truck market in the period 2016–2025. The study reveals that the Chinese electric truck market will be the global electric medium heavy-duty truck leader and is expected to be dominated by fully electric trucks with 61.1% market share, followed by plug-in ...

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

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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...

The study analyzes the importance of working capital in the automotive industry. It looks at recent trends and initiatives taken by companies to streamline working capital needs, and examines the disadvantages of excess or inadequate working capital. Working capital management is analyzed by segment and region for accounts payable and receivable, i...

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...

Electrification in Commercial Vehicles (CV) will increase globally with the framing of strict emission regulations. The need for the charging infrastructure is growing with the electric CV sales, and the market for charging equipment manufacturers is expected to open up with huge opportunities. This study provides an overview of the key technology ...