Search results for: 'operations maintenance services'

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 ...

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...

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

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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...

21 Apr 2016  |  North America  |  Market Research

North American Commercial Vehicle Telematics Market, Forecast to 2022

Prospects to be Shaped by ELD Mandate, 30% of Small Fleet Operators to Adopt Fleet Management Solution within Next 4-5 Years

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This study analyzes the North American commercial vehicle telematics market from the base year of 2015 through 2022. Major topics include evolving market trends (regulation/mandates, remote diagnostics, open architecture software platform, multiple vendor partnerships), market sizing, business model (purchasing, leasing, profit-sharing, no-contract...

The demand for school buses globally is expected to grow steadily despite rising oil and commodity prices. Total school bus shipments, estimated at about 92,561 units in 2017, are expected to increase to 109,575 units in 2025, reflecting a compound annual growth rate (CAGR) of 2.1%. North America is the largest contributor to the global school bus ...

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...

The increasing use of blockchain technology will go hand in hand with growing advances in the commercial vehicle industry, especially through digitisation and automation. Key trends such as digital transformation, rise in automation, modern logistics systems, and proliferation of financial technology (fintech) influencing trucking are expected to d...

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

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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...

The aim of this study is to analyze the safety systems market in class 6-8 trucks in North America. Under the compliance, safety, and accountability (CSA) environment, fleets are looking to improve safe driving practices and reduce fleets risk by using advanced safety technologies. Fleets are evaluating the return on investment of safety systems ba...