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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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28 Dec 2018  |  Global  |  Market Research
Truck-as-a-Service Market, Forecast to 2025
Digitalization of Truck Services to Create $79.42 Billion Opportunity by 2025
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...
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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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16 May 2023  |  South Asia, Middle East & North Africa  |  Customer Research
Voice of Customer Survey—India Logistics Service Delivery Fleet, Asset Tracking, and Shipment Monitoring Solutions Market
Logistics Companies are Prioritizing Investments in Warehouse Automation, Sustainability, and IoT
A survey was conducted to understand fleet, asset tracking, and shipment monitoring in the Indian logistics service delivery market. It included decision makers and key influencers of fleet and logistics asset or shipment monitoring associated with multinational and local second-party logistics (2PL), third-party logistics (3PL), and fourth-party l...
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02 Nov 2022  |  Latin America  |  Market Research
Latin American Commercial Vehicle (CV) Growth Opportunities, Forecast to 2030
Propulsion Alternatives to Diesel will Gain Momentum during the Medium Term of the Forecast Period (2025-2026); the Outlook for the Medium-duty (MD) Segment and Natural Gas (NG) in the Heavy-duty (HD) Segment is Strong
Overall commercial vehicle (CV) units in Latin America (LATAM) are expected to reach 1.5 million units by 2030, growing at a compound annual growth rate (CAGR) of 3.4% between 2021 and 2030. Infrastructure investment, mining development and exports, multimodal transportation projects, and agro-based farm equipment manufacturing will drive industry ...
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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
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...
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04 Nov 2022  |  Asia Pacific  |  Market Research
Growth Opportunities in the Indonesian Commercial Truck Market
Transformational Growth of Sustainable Renewable Energy Driven by Palm-oil-based Biodiesel
This research service assesses the Indonesian market for commercial trucks, focusing on light-duty, medium-duty, and heavy-duty commercial truck segments. Commercial trucks are an important contributor to factory-to-business (F2B) and business-to-business (B2B) activities, including manufacturing, agriculture, forestry, mining, construction, transp...
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28 Dec 2018  |  Asia Pacific  |  Market Research
Strategic Analysis of Thailand’s Commercial Vehicle Industry, Forecast to 2022
Commercial Vehicle Sales in Thailand is Expected to Achieve 305,000 Units by 2022
This study aims to research, analyze, and forecast the commercial vehicles market in Thailand from 2017 to 2022. This analysis includes commercial vehicles market overview , market network & dealerships, regulatory environment, key industry sectors outlook — total commercial vehicle market, segment market share and competitive analysis, external ch...
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13 Nov 2017  |  North America  |  Market Research
North American Trailer Telematics Market, Forecast to 2023
Sensorization will Pave Way for IoT Platformization and Implementation
The aim of this study is to analyze trailer telematics solutions in North America and present an overview of market growth opportunities and implications. Over the last decade, the logistics industry has undergone transformational changes by adopting effective management and utilization of fleets, manpower, warehouses, and assets. Though the indust...
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12 Jan 2018  |  Asia Pacific  |  Market Research
Strategic Analysis of Indonesia Commercial Vehicle Industry, Forecast to 2025
Annual Demand for Pickups, Light-medium-heavy Trucks, and Buses to Touch 742,000 Units by 2025
The commercial vehicle market in Indonesia has been shrinking from 2014 to 2016, with the market experiencing its lowest decline in 2016. Consequently, the production has also witnessed a decline over the years. Small Commercial Vehicles (SCVs) account for the largest segment in both sales and production. Japanese brands have the widest commercial ...
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