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10 Aug 2022  |  Global  |  Market Outlook
Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022
Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth
In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...
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26 Apr 2023  |  Asia Pacific  |  Market Outlook
China Automotive Outlook 2023
Domestic Brands Gain Market Share Across Vehicle and Powertrain Segments as Electrification and Cross-Industry Partnerships Intensify
This study assesses the automotive market in China, focusing on the passenger vehicle (PV) market. Within this, Frost & Sullivan will also discuss electric vehicles (EVs), charging, and battery swapping. China’s automotive market has proliferated, particularly after the 2008 Beijing Olympics. The unit shipment of China’s PV market has consiste...
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25 Nov 2021  |  North America  |  Market Research
Global Heavy-duty Commercial Vehicle Transmission Market Growth Opportunities
Automated Manual Transmission to Gain Top Share by 2030 and Rise in Refuse Applications Drives the Adoption of Fully Automatic Transmission
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...
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18 Apr 2018  |  Asia Pacific  |  Market Research
China Luxury Car Market, Forecast to 2025
Rising Disposable Income and Increasing Demand for Luxury Vehicles are Propelling China to become the Largest Global Market for Premium Cars
China is the largest automotive market globally. In 2017, luxury cars accounted for a 10.3% share of the country’s overall passenger vehicle market. The luxury car market is forecast to experience a positive growth, at a compound annual growth rate (CAGR) of 5.4% during 2017-2025. Being a premium niche market it is highly concentrated and dominated...
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28 May 2019  |  North America  |  Market Research
Global Oil-free Compressor Market, Forecast to 2023
Demand for Oil-free Compressed Air in Critical Applications in Food and Beverage and Life Sciences to Drive Growth
The global oil-free compressor market generated revenue of approximately $2,948 million in 2018 and is expected to expand at a compound annual growth rate of 3.3% (2018–2023). The objective of this study is to identify and evaluate both current and future trends that influence the global oil-free compressor market. With 2018 as the base year, the ...
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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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05 Dec 2022  |  Asia Pacific  |  Frost Radar
Frost Radar™: eHailing Platforms in China, 2022
A Benchmarking System to Spark Companies to Action Innovation that Fuels New Deal Flow and Growth Pipelines
In the last 5 years, the Chinese government has tightened vehicle data collection, data protection, data privacy, and cybersecurity through a series of laws and regulations. Frost & Sullivan recognizes that all electronic hailing (eHailing) platform providers in China must assess these regulations and update their business operations and strategies...
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24 Dec 2021  |  Europe  |  Market Research
European Medium-duty and Heavy-duty Electric Trucks Growth Opportunities
New Product Launches and Competitive Intensity will Accelerate the Future Growth Potential of Electric Commercial Vehicles
Countries across the world are shifting towards a low-carbon economy. In Europe, the transition to zero-emission vehicles is an important element of the low-emission mobility strategy. City administrative bodies and local authorities play pivotal roles in this transition by providing incentives for low-emission vehicles and deploying charging infra...
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27 Dec 2018  |  Asia Pacific  |  Market Research
ADAS Market for Passenger Cars in China, 2017–2025
ADAS Sales to Achieve 69.4 Million Units by 2025 in China
In 2017, the Advanced Driver Assistance System (ADAS) market for passenger cars recorded 15.5 million in unit sales. The market is expected to experience rapid growth at a compound annual growth rate (CAGR) of 20.6% during 2017–2025. Sales volumes are likely to increase to 69.4 million units in 2025. As an emerging market, the ADAS market for pass...
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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
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 ...
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