Search results for: 'engineering research and development'

16 Jan 2018  |  Global  |  Market Research

Global OHV Engine Market, Forecast to 2022

Fuel-efficient and Compact Machines are the Future of the OHV Industry, Below 300 HP Engines for Excavators to Witness a CAGR of 11.5% During 2016–2022

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This deliverable analyses the opportunities in the off-highway vehicle(OHV) engines market and provides market forecasts, drivers and restraints, challenges and opportunities, and the competitive landscape from 2016 to 2022. It also provides the Mega Trends and evolving technologies in the market. Engine manufacturers will increasingly embrace the ...

In quest of reduced CO2 emissions, enhanced fuel economy and adherence to global emissions norms, OEMs and the entire automotive value chain are adopting varied powertrain strategies, one being the adoption of 2-cylinder engines. With the expected growth in the small and subcompact car market 2-cylinder engines provides opportunities to OEMs to fur...

Economic recovery post the pandemic, increased demand for freight, and replacement of aging truck fleets will all provide a boost to commercial vehicle (CV) sales in 2021. The shift in last mile delivery will be the most significant trend impacted by COVID-19, resulting in the emergence of tailored last mile delivery solutions that address dynamic ...

The global NG truck market will grow steadily aided by stricter emission and noise regulations and lower NG prices. The MD truck segment comprising of refuse and distribution will grow in the medium term while long-haul vehicles will provide the much-needed impetus for NG vehicles through the growing fuelling infrastructure and in-house NG engine p...

Tightening emissions regulations, the Clean Vehicles Directive, and government subsidies increasingly drive European bus operators to purchase electric buses for their fleets. However, putting more electric buses on the road requires sufficient charging infrastructure. Most electric fleets operating in Europe use only depot charging or a combinatio...

11 Jan 2021  |  North America  |  Market Research

Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market

Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks

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The medium-duty and heavy-duty truck and bus markets in the US are expected to show strong recovery following the major dip in 2020 due to the dire impacts of the COVID-19 crisis on production and sales. However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets. The electric bus segment shows a slight d...

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

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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...

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%

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Key Issues Addressed

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 (

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

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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...