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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...

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

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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...

This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and are apprehensive about the economic outlook (future of the economy? viability of the market?) and their operating margins. Total cost of ownership (TCO), downtime reduction, regulation complianc...

The overall objectives of this study are to investigate typical attitudes towards fleet telematics (fleet management system solutions), understand key features and service expectations; explore perceptions and willingness to pay for fleet telematics services; examine vendor satisfaction and brand perceptions; and look at vendor consideration and se...

The rising demand for cleaner vehicles to mitigate the effects of climate change by reducing greenhouse gas emissions pushes governments at federal and state levels and city municipals in North America and Europe to move quickly toward policies favoring electric vehicle (EV) adoptions. Major European cities are forecast to ban diesel vehicle entry ...

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...

07 Nov 2022  |  North America  |  Market Research

Global OEM Strategies for Electric Medium- and Heavy-Duty Truck Platforms

Dedicated Electric Platforms Set to Ensure Transformational Growth of the NA and European M&HD Truck Market by 2030

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Key Issues Addressed

OEMs in the electric truck space are currently pursuing two types of platforms: one based on the internal combustion engine (ICE) platform and the other on a dedicated electric platform. Established OEMs are primarily pursuing the former, while most new-age pure-play EV start-ups prefer the latter; however, established OEMs are also simultaneously ...

This Frost & Sullivan research indicates that the trucking industries in North America and Europe are increasingly facing a shortage of skilled drivers and there are concerns regarding the economic outlook and operating margins. The total cost of ownership (TCO), downtime reduction, regulation compliance, driver shortage, and equipment utilisation ...

The COVID-19 pandemic disrupted global supply chains, which still struggle with unpredictable shipment delays and longer harbor freight holdups on top of inefficient planning, higher costs, and lack of real-time visibility. The transportation management system (TMS) market is on growth trajectory as more companies realize the potential to reduce tr...