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10 Jul 2017  |  North America  |  Market Research

Growth Opportunities and Implications of the Electronic Logging Device (ELD) Mandate in North America

Total ELD Addressable Market to Surpass 4 Million by 2019

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The aim of this study is to analyze developments in the Electronic Logging Device (ELD) market for Commercial Vehicles in North America (US and Canada) and present an overview of market growth opportunities and implications. Major focus is on trends such as pricing, package, business case, and solution types in addition to the significance of value...

15 Dec 2021  |  North America  |  Market Research

North American Technological Advances in Trailer Growth Opportunities

Innovative Aero Devices, Smart Trailers, and Trailer Electrification Shape the Market by 2030

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The North American trailer market plays a vital role in the transportation sector. Nearly 75% of all Class 8 trucks are tractors. Each tractor requires a trailer to haul goods. More than 250,000 trailers are produced each year against an average of 162,000 tractors over the same period. The average trailer to tractor ratio ranges between 1.4–1.8, w...

The on-demand business model in the automotive industry is revolutionizing the way customers subscribe to a particular service offered by OEMs. The model allows customers to activate or deactivate a service according to their regional (or custom) requirement. The subscription offered by automakers can be on a monthly, yearly, hourly, per kilometer ...

30 Aug 2018  |  Asia Pacific  |  Market Research

Application of Big Data Analytics in Construction Industry, Forecast to 2022

With Big Data Coming Into Picture Construction Industry is Expected to Witnesses Transformational Growth

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Big Data solutions are emerging across the construction industry, driven by increased connectivity and Internet usage, the rapid proliferation of connected vehicles, and the continued investment in Big Data analytics innovations. However, the threat of data privacy and security continues to challenge potential adoption as businesses are still strug...

The North American commercial vehicle retreading market is expected to grow marginally to 15.1 million units by 2025 from 14.5 million units in 2016. Some of the key factors currently influencing the retreading market are improved quality of tread life, high supply of casings, increasing labor costs, and shortage of skilled technicians. One key ris...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Commercial Vehicles Market Outlook, FY2020

The Indian Commercial Vehicle Industry is Expected to Witness Slow Growth in FY2020 Due to Impeding Effect of New Axle Load Norms, Stringent Regulatory Environment and Economic Slowdown

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The aim of this study is to understand the emerging market and technology trends shaping the Indian commercial vehicle industry, estimate the outlook for 2020, and forecast the industry volumes till 2025 by assessing the impact of current and upcoming regulations and norms. The Indian commercial vehicle market is experiencing changes due to heavy ...

GHG emission regulations are ever strengthening in North America, Europe, and China. Climate change concerns among the public is especially propelling the automotive industry to reduce carbon footprint. Countries are looking for options to improve air quality in their communities and to contribute to mitigation of global climate change through elec...

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...

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...