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27 May 2016  |  North America  |  Market Research
Top 10 Trends in the North American Medium- and Heavy-duty Commercial Vehicle Aftermarket
Connected Trucks and Legislation Will Play a Key Role in Creating a $33 Billion Market by 2022
This strategic market Insight covers the Top 10 market trends of the Class 4–8 medium- and heavy-duty commercial vehicles in North America (the United States and Canada). The key macro trends covered in this study include ageing truck population, technician shortage outpacing demand, and right to repair—CSA creating opportunities. Key maintenance t...
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14 Jul 2021  |  North America  |  Market Research
North American Light Commercial Vehicle Growth Opportunities
The Overall LCV Market in North America is Expected to Grow to 5.0 Million Units by 2025, with New Product Development in EVs Helping it Achieve a Penetration of 6.2%
The overall light commercial vehicle (LCV) market in North America was at 3.74 million units in 2020 with pickups contributing 88% of those volumes. Within the LCV segment, the lower weight segment, class 1/2a (
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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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30 Sep 2016  |  North America  |  Market Research
Nikola Motor Company—A Disruptive Force in North American Trucking Industry
Company’s Electric Heavy Truck Acting as Harbinger of Heavy Duty Electric Truck Product and Service Introductions
The North American trucking industry is grappling to find ways to address the Total Cost of Ownership (TCO). Fuel, lease, and repair and maintenance costs are the key components to be tackled which contribute to over half of a truck’s TCO. Nikola Motor Company plans to address this issue through an electric truck that offers sustainable solution to...
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02 Feb 2018  |  North America  |  Market Research
North America and Europe Commercial Vehicle TPMS and RFID Market, Forecast to 2025
Increasingly Stringent Emission Regulations and Greater Focus on Reducing Operating Costs to Drive the TPMS and RFID Markets
This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and are apprehensive about the economic outlook (future of the economy? viability of the market?) and their operating margins. Total cost of ownership (TCO), downtime reduction, regulation complianc...
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27 Oct 2016  |  North America  |  Market Research
Hybrid-Electric Truck and Bus Market Growth Trajectories in North America and Western Europe
Rapid Growth Expected Beyond 2020 with Penetration of New Green MD-HD Trucks and Buses Reaching 7.4% by 2025
The European Union's Vision 20-20-20 for emission reduction combined with the proliferation of shale gas in North America is renewing interest in alternate and cleaner powertrain technologies. Although fully electric vehicles are considered the definitive future of automobile powertrains, existing limitations in battery range and cost competitivene...
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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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29 Nov 2022  |  North America  |  Market Research
Growth Opportunities in the Connected Tire Market—Europe and North America
Strategic Partnerships Between Tire Manufacturers and Telematics Service Providers will be Key to Connected Tires Proliferation
The connected tire market is in the nascent stage but is all set to grow in the upcoming years, powered by the uptake of TPMS, ADAS regulations, and advancing customer demands. Global tire manufacturers are investing in connected tire technologies to develop tire solutions and applications that cater to the future demands of customers in the evolvi...
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19 Feb 2019  |  North America  |  Market Research
TCO Analysis and Case for Electric Trucks in North America, 2017–2030
Stringent Emission Regulations, Falling Battery Prices, and Lower Maintenance Costs to Drive Electrification in the Trucking Industry
This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and there are concerns regarding the economic outlook and operating margins. The total cost of ownership (TCO), downtime reduction, regulation compliance, driver shortage, and equipment utilisation ...
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26 Nov 2015  |  North America  |  Market Research
Analysis of Medium- and Heavy-duty Truck Turbochargers in North America, Europe, China, and India
By 2022, Fixed Geometry to Represent 2 out of 3 Installations
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...
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