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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
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...
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26 Aug 2016  |  Global  |  Market Research
Eight Transformational Trends Influencing the Global Trucking Industry’s Growth Trajectory
Green, Safe, Connected, and Smart Technologies Enabling Transition from Product- to Service-Based Business Model
Technological, demographic, environmental, and geopolitical shifts are altering the commercial truck market globally. Integration of digital technologies primarily for resource management and total cost optimization will result in the evolution of truck technology from basic telematics services to advanced traffic modeling, weather prediction, and ...
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12 Apr 2019  |  Global  |  Market Outlook
Global Medium-Heavy Commercial Vehicle Market Outlook, 2019
2019 to be a Defining Year for the Evolution of New Business Models Around Electric Trucks and Digital Services
Global medium-duty (MD) and heavy-duty (HD) trucks sales grew 4.5% in 2018 from 2017 due to sustained growth in top truck markets of North America, China (Heavy duty truck sales stayed above 1 million mark), along with continual growth in India, Brazil, Russia and Indonesia. In 2019, growth in North America, South America, Russia, India, Indonesia...
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19 Aug 2021  |  Global  |  Market Research
Theme VI: Developments in Commercial Vehicles 2025—Voice of Industry Thought Leaders
Intelligent Mobility Event, Japan, 2021
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 ...
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26 Mar 2019  |  Global  |  Market Outlook
Global Light Commercial Vehicle Market Outlook, 2019
Urban Restrictions and Innovations in Last-mile Delivery to Propel the Uptake of eLCVs and Connected Solutions Enhancing Supply-chain Visibility
Global LD Trucks and Pick Up Sales to hit 6.7 million and 5.6 million respectively in 2019. North America, India, Latin America, China, Japan and Korea will lead the growth of the global LCV market, while the US leads the pick up sales, China is the clear leader in the LD Trucks segment. The demand for electric light duty trucks will surge globally...
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27 Dec 2018  |  Global  |  Market Research
Global Farm Equipment Telematics Market, Forecast to 2023
OEMs Lead the Total Market; Asia-Pacific is to Dominate the Farm Equipment Market Growing at a CAGR of 19%
This study offers strategic analysis of the nascent market for the global farm equipment and global farm equipment telematics market in global geographies. It provides an overview of market trends, growth prospects, and key sectors for growth. It includes a market structure and outlook, market potential and opportunity analysis for the global farm ...
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01 Jul 2021  |  Global  |  Market Research
Global Fuel Cell Trucks Growth Opportunities
The Prospect of Fuel Cell Trucks in Hydrogen Economies is Intriguing for Companies That Pursue Zero-emission Mobility Solutions
Globally, countries are increasingly adopting policies to increase the pace of transition toward zero emission. Governments are evaluating different pathways to achieve carbon neutrality, and investments, and activities in the energy sector are directed around it. Commercial vehicles currently are among the major carbon emitters, with very high per...
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21 Aug 2017  |  Global  |  Market Outlook
Digitization of Heavy-duty Truck Retailing, Forecast to 2025
Global Investment in Truck Retail Digitization Will Reach ~$1.5 Billion by 2025
This study analyzes the global truck retailing digital transformation market. Truck retailing and its business model is obsolete and is ready for an overhaul. Digitization will be the solution to help drive change in the truck retail business model and the strategies of leading OEMs/dealers. Digitalization in truck retailing will impact 5 key areas...
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28 Dec 2018  |  Global  |  Market Research
Truck-as-a-Service Market, Forecast to 2025
Digitalization of Truck Services to Create $79.42 Billion Opportunity by 2025
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...
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24 Dec 2019  |  Global  |  Market Research
Electric Truck and Bus Charging Infrastructure Market Opportunity Analysis, Forecast to 2030
Advancement of Ultra-fast Charging Technology, Interoperability Between Chargers and Network Expansion will be the Focus in Next Decade
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 ...
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