Search results for: 'part covid consumer behavior study'

09 Jun 2020  |  Global  |  Market Outlook

Global Medium/Heavy-duty Commercial Vehicle Market Outlook, 2020

A Global Recession, Induced by the COVID-19 Pandemic, is Expected to Reduce MD/HD Truck Sales by 28.5% Y-o-Y, with Moderate Recovery in the Latter Half of the Year

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In 2019, global heavy-duty truck sales grew strongly in North America and South America and moderately in Europe and China, while declining in India. Currently, the COVID-19 pandemic is causing a wide-scale global supply chain disruption in all industries. The impact will be strongly felt across the US and European MD-HD markets, with a decline in ...

The confluence of technologies in the trucking industry is providing a platform for various stakeholders to build service and solution-based revenue models. As commercial trucks increasingly integrate telematics devices, a plethora of services beyond tracking, from prognostics to asset management to driver behavior management, are being enabled. Th...

28 Sep 2020  |  Global  |  Market Research

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

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The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...

17 Jun 2015  |  Global  |  Market Research

Global Overview of Truck Video Safety Solutions Market

360 Degree Solution to Unwind Newer Opportunities

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This research service analyzes video safety solutions in LCV and M/HCV trucks globally. Under the compliance, safety, and accountability (CSA) environment, fleets are looking to improve safe driving practices and reduce fleets’ risks by using advanced safety technologies. Fleets are evaluating the return on investment of safety solutions based on t...

20 Jul 2022  |  Global  |  Frost Radar

Frost Radar™: Global Freight Visibility Platforms, 2022

A Benchmarking System to Spark Companies to Action Innovation that Fuels New Deal Flow and Growth Pipelines

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Freight visibility platforms have transformed how logistics stakeholders manage their inbound and outbound shipments in light of the recent COVID-induced supply chain disruptions. Globally, the need to streamline freight management systems and introduce real-time freight visibility is pressing. With the platforms’ unique value propositions, enter...

PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...

Frost & Sullivan's research service on the global semi-trailers market provides a detailed analysis of market and technology trends, challenges, and forecasts from 2017 to 2025. The study covers North America, Western Europe, Brazil, Russia, China, Asia-Pacific, India, and Rest-of-World. It identifies and analyzes the key regulations and the evolut...

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 ...

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...