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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
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...
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22 Feb 2018  |  North America  |  Market Research
North America Used Truck Market Analysis, Forecast to 2025
Sales Volume of Class 8 Used Trucks to Reach 281,000 Units By 2025
The demand for used trucks is expected to remain flat in the short term and gain strength in the medium term following the implementation of greenhouse gas (GHG) phase 2 regulations, combined with the upcoming fleet replacement cycle in 2019-2020. Many owner-operators and other smaller fleets are still uncomfortable with the low used truck prices a...
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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%
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 (
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16 Dec 2022  |  North America  |  Market Research
Growth Opportunities in Global Fuel Cell Transit and Coach Buses
Future Growth Potential of Fuel Cell Buses Among Fleets will be Influenced by Regional Impetus for Carbon Neutrality
To meet international climate targets and develop sustainable zero-emission technologies, the mobility industry is expediting the transition to powertrain electrification and gradually reducing dependence on diesel powertrains. In addition to stringent emission norms, subsidies, and tax exemptions, governments are promoting the use of alternative p...
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05 Aug 2022  |  North America  |  Market Research
Global OEMs’ Strategies for Electric Light Commercial Vehicle Platforms
All Major Automakers to Launch at Least One Dedicated Electric Platform by 2025
Currently, OEMs build electric light commercial vehicles (eLCVs) on various platforms, including converting/modifying internal combustion engine (ICE)-based vehicles, using flexible multi-energy platforms, and starting from scratch on dedicated electric vehicle (EV) skateboard platforms. ICE-based platforms may be more suitable to convert an existi...
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29 Nov 2022  |  North America  |  Market Research
Growth Opportunities in the Connected Tire Market—Europe and North America
Strategic Partnerships Between Tire Manufacturers and Telematics Service Providers will be Key to Connected Tires Proliferation
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...
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24 May 2017  |  North America  |  Market Research
Global Mega Trucks Market, Forecast to 2025
Demographics and Infrastructure Calibration in the Freight Logistics Market will Drive Mega Truck Demand Despite Legislative Hurdles from 2017–2025
Mega trucks are seen as a solution to growing problems faced due to road congestion and emissions by reducing the need for more conventional sized trucks on the road. They also lower cost per ton for fleets along with addressing growing freight demand. However, significant obstacles lay ahead of implementation of mega trucks with serious questions ...
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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
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...
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17 May 2023  |  North America  |  Market Outlook
Global Light, Medium, and Heavy Commercial Vehicle Outlook 2023
Growth Regions China and India Drive Truck Demand Amid Continued Market Uncertainties
In this report, Frost & Sullivan studies the light commercial vehicle (LCV) and medium and heavy-duty (M&HD) truck segments for six regions: North America, Europe, China, India, Latin America, and the Association of Southeast Asian Nations (ASEAN). The study period is 2022–2023, with 2022 as the base year and 2023 as the forecast year. We segmen...
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02 Feb 2018  |  North America  |  Market Research
North America and Europe Commercial Vehicle TPMS and RFID Market, Forecast to 2025
Increasingly Stringent Emission Regulations and Greater Focus on Reducing Operating Costs to Drive the TPMS and RFID Markets
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...
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