Search results for: 'plane industry'

The global transmission market for heavy-duty (HD) commercial vehicles has changed drastically in the past few years. Manual transmission (MT) was the go-to option for all drivers in the North American market due to its robust gears, the expertise required, and low initial cost. However, drivers—especially those new to the industry—have embraced au...

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

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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...

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as A...

05 Jul 2017  |  Europe  |  Market Research

Strategic Overview of the Commercial Vehicle Aftermarket in Europe, Forecast to 2023

OES Channel Expansion and Advancing In-vehicle Telematics to Drive CV Aftermarket

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Commercial vehicles (CV) parc in the European market was estimated at 38.9 million in 2016 and is projected to grow at a compound annual growth rate (CAGR) of 1.9% to reach 44.2 million by 2023. Eastern European countries, Germany, and the United Kingdom are expected to witness the highest growth in CV parc during the forecast period, which means g...

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 ...

25 Feb 2016  |  Global  |  Market Outlook

Global Connected Truck Market Outlook, 2016

Sales to Skyrocket Amid Niche Technologies Moving Mass Market and Changes Across Automotive Value and Supply Chains

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The study aims to analyze and forecast the global connected truck (Commercial Vehicle Telematics) market outlook for 2016. The major focus is on market trends (Regulations/mandates, Remote Diagnostics, Open Architecture Platform, Multiple partnerships); regional trends (Europe, North America, LATAM, China, South Africa, India, Russia, Turkey, Austr...

The study aims to research, analyze, and forecast the automotive market in Uzbekistan according to 3 segments: passenger vehicles, commercial vehicles, and buses and minibuses. Research Scope • Macroeconomic figures and market trends (social, political, economic, and technological trends influencing the automotive market in the country) • Business...

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 ...

26 Aug 2016  |  Europe  |  Market Research

Light Commercial Vehicle Telematics Market in Europe

Telematics Penetration to Reach 24.6% by 2022, Generating €4.3 Billion

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The aim of this study is to analyze the developments of telematics industry for LCVs in Europe and present an outlook of market growth opportunities and performance. The major focus is market trends (LCV OEMs' increasing focus in telematics market, mobile freight brokerage, growing demand for field service management, rising preference for portable...