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The commercial vehicle industry faces common challenges, such as rising fixed costs, difficulty in ensuring immediate truck availability, prolonged delivery time, high operating costs, high fuel spend, increased repair cost, and sub-optimal asset utilisation. Telematics has been the go-to solution for industry participants in addressing these chall...

26 Feb 2019  |  Global  |  Market Research

Impact of Blockchain on the Global Automotive Aftermarket, Forecast to 2025

Parts Authentication Through Digital Twining to Substantially Decrease Seepage of Counterfeit Products in the Supply Chain

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The increasing use of blockchain technology will go hand-in-hand with growing advances in the automotive industry, especially through digitization and automation. Key trends such as parts authentication, asset tracking, modern logistics systems, and proliferation of financial technology (fintech) influencing the automotive industry are expected to ...

08 Nov 2019  |  Global  |  Market Research

Analysis of the Global Flexible Plastic Packaging Market, Forecast to 2023

Innovation in Developing Sustainable and Recyclable Flexible Solutions Will Drive Market Growth

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Plastics have been a part of packaging industry for long. Features including light weight, low cost, durability, easy to handle, and intrinsic properties such as chemical and moisture resistance are the factors that makes plastic the go-to packaging material in most cases. Recently the market has witnessed a shift towards the use of flexible plasti...

The retail-distribution segment in the North American automotive parts aftermarket comprises four main retailers and distributors, namely, AutoZone, Advance Auto Parts, National Automotive Parts Association (NAPA), and O’Reilly Auto Parts. In addition, it also has distributors and mass merchants, such as the Canadian Tire Corporation, Inc., Uni-Sel...

The logistics industry is inundated with challenges which have given rise to disruptive technologies to overcome them. Key challenges faced by the supply chain logistics industry are: (1) Increasing carbon footprint from transportation (2) High level of transport vehicular emissions (3) Lack of visibility in the supply value chain (4) Increasing hu...

There is a growing demand for advanced autonomous vehicles including level 3, 4 and 5 with the emergence of advanced sensors for connected and autonomous infrastructure. More sensors are used in advanced driver assistance systems (ADAS) and automated driving to provide greater information about a vehicle’s surroundings. More sophisticated sensor fu...

This study covers the reaction of traditional banks and other financial service companies, the Malaysian regulators and supporting organisations to the new-generation trend of FinTech and explores FinTech start-ups active in the Malaysian market. A regulator holds the key to growing markets; this is true of FinTech in Malaysia. We have captured ke...

31 Dec 2019  |  North America  |  Market Research

Analysis of the Medium and Heavy Duty Truck Leasing Market, North America, 2019–2025

New Truck Rental and Leasing Shipments in the Region Expected to Reach 212,150 Units in 2025 with Strong Demand from Regional Haul Applications

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The rental and leasing market for medium and heavy duty truck sales in North America is expected to expand at a CAGR of 5.4% from 2019 to 2025. Companies’ financial needs, operational requirements, asset type and utilization including yearly total mileage, desired replacement cycle and usage pattern influencing wear and tear are major factors impac...

29 Jan 2020  |  North America  |  Customer Research

Voice of Customer Analysis on Connected Car Services in the United States, 2018

Flexible Access to Telematics Services will be the Preferred Subscription Model in Future

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This study seeks to evaluate the current usage of connected car applications such as digital assistants, online infotainment services, telematics services, navigation services, and data-enabled services in the United States. It also focusses on customer analysis bifurcation by vehicle segment, brand, and customer preference. The study seeks to high...