Search results for: 'tech collaboration'

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...

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 ...

29 Jul 2022  |  North America  |  Market Research

Growth Opportunities in North American Off-highway Equipment

Digitization, Automation, and Cross-industry Synergies Drive Future Growth Potential

Infographics

×

Key Issues Addressed

This research service analyzes the growth of the North American off-highway equipment industry. Government mandates and consortiums, which drive sustainable practices, will enable digital transformation and accelerated adoption of alternate powertrains. The requirement to better monitor and optimize operations and equipment in construction, mining,...

Collaborations between OEMs, rental companies, digital solution providers, battery manufacturers, utility companies, dealerships, and technology companies are creating a new wave of solutions that enhance the customer experience. These synergies are driving innovation, creating a sustainable environment. Customers are beginning to prefer renting/sh...

11 Jun 2021  |  North America  |  Market Outlook

Global Light, and Medium and Heavy Commercial Vehicle Outlook, 2021

Growth Strategies to Aid the Market Rebound from Last Year’s Lows Due to COVID-19, with LCV and M&HD Truck Segments Expected to Grow by 10.3% and 5.9%, Respectively, this Year

Infographics

×

Key Issues Addressed

The trucking industry was not immune to the disruptions in supply chain and falling trade that the global COVId-19 pandemic created. Major markets, such as North America and Latin America, were badly hit, while Europe and India suffered the steepest sales declines. China was the only region to register positive growth across both LCV and M&HD Truck...

12 Apr 2023  |  North America  |  Market Research

Electric Off-highway Equipment Growth Opportunities

Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential

Infographics

×

Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, a...

As the North American transportation and mobility space transitions toward electrification during the next decade, new opportunities and greater demand for greener powertrain alternatives will surface. The biggest opportunities lie in battery electric technology to expedite the adoption of cleaner and more sustainable last-mile mobility. Many new p...

The growing impetus on greenhouse gas (GHG) emission regulations, drop in battery prices, and purchase subsidies on electric vehicles (EVs) are certain to accelerate the growth of electric buses across the globe. Rapid technology developments with respect to battery chemistry, powertrain architecture, and motors are propelling the market, which wil...