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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...

This research service provides an overview of the impact of key Government regulatory norms on commercial vehicles in India and discusses the market practices, end-user needs, and opportunities for commercial vehicles owners and manufacturers. The study also provides brief current market production and sales of commercial vehicles with market drive...

The Brazilian off-highway vehicle market has seen immense growth over the last 6 to 8 years; despite some headwinds expected in the short term compared with record years such as 2013, the market towards 2021 is expected to grow. Investments in infrastructure and the mega farm trend are expected to propel off-highway vehicle volumes. This study focu...

31 Aug 2016  |  Asia Pacific  |  Market Research

Indian Commercial Vehicle Telematics Market

Annual Telematics Sales to Grow Sixfold by 2023

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Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telem...

The e-commerce boom, increasing internet penetration, intensifying urbanization and a work-from-home economy brought on by COVID-19 have accelerated the demand for last-mile delivery. There has been significant growth in last-mile delivery for a number of years, posing challenges for businesses and also driving steady innovation and progress. Then ...

Frost & Sullivan’s mobility team tracks the global commercial vehicle (CV) market to generate deep-dive analysis on the shift towards zero-emission buses and the implications of new technologies on the passenger transportation landscape of the future. The commercial mobility practice evaluates applications in the global transit and coach buses spac...