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19 Aug 2021  |  Global  |  Market Research
Theme VI: Developments in Commercial Vehicles 2025—Voice of Industry Thought Leaders
Intelligent Mobility Event, Japan, 2021
Economic recovery post the pandemic, increased demand for freight, and replacement of aging truck fleets will all provide a boost to commercial vehicle (CV) sales in 2021. The shift in last mile delivery will be the most significant trend impacted by COVID-19, resulting in the emergence of tailored last mile delivery solutions that address dynamic ...
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05 Dec 2022  |  Europe  |  Market Research
Growth Opportunities in European Electric Bus Charging Infrastructure
Emissions Regulations, Favorable Legislations, and Costs Influence Infrastructure Development and Uptake
Tightening emissions regulations, the Clean Vehicles Directive, and government subsidies increasingly drive European bus operators to purchase electric buses for their fleets. However, putting more electric buses on the road requires sufficient charging infrastructure. Most electric fleets operating in Europe use only depot charging or a combinatio...
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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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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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05 May 2017  |  Africa  |  Market Research
African Commercial Vehicles Market, Forecast to 2025
Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments
The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...
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02 May 2023  |  Global  |  Market Outlook
Global Connected Truck Telematics Outlook, 2023
Growth Opportunities in Video and Last-mile Solutions to Mitigate Shallow Recession and War Economy Straining Developed Regions
The Global Connected Truck Telematics Outlook, 2023, examines the global dynamics in the light, medium, and heavy commercial vehicle telematics industry. It focuses on ongoing trends, market drivers, and challenges influencing the market and provides regional deep-dive market analyses, critical competitor analyses, revenue forecasts, and market siz...
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15 Dec 2022  |  North America  |  Market Research
Strategic Overview of Start-ups Disrupting the Global Commercial Trucking Market, 2022
Technology and Innovative Business Models Drive the Growth of Emerging Start-ups in the Commercial Vehicle Space
The commercial trucking market is rapidly transforming with the influx of advanced technologies, data-aided business models, automation, and the need to reduce carbon gas emissions. Though the market experienced a slump during the pandemic in 2020, operators quickly realigned their business models and emerged stronger. During the pandemic, emerging...
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21 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the North American Autonomous Trucking Technology Enablers Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
North America is the world’s second-largest commercial vehicle market based on annual unit sales. Commercial vehicles play a major role in determining the purchase price of consumer products: about 65% of the region’s freight is transported by road. The industry has been affected by fluctuating freight rates and significant driver shortages. Accord...
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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
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...
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06 Apr 2017  |  North America  |  Market Research
Mobile Apps in the North American Trucking Industry, 2016–2017
Trucking Apps Evolving Rapidly to Offer $2 Billion Investment Opportunities by 2020
Smartphones are not only a gateway for information, they are also increasingly becoming business enablers for the trucking industry. They are driving up efficiency and opening up new opportunities in the trucking ecosystem with a spurt in the growth of dedicated mobile apps for trucking. While only a few drivers attached to large fleets get access ...
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