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06 Mar 2024  |  Asia Pacific  |  Market Research
China Commercial Truck Industry Growth Opportunities
Off-highway Vehicle OEMs Entry into the Electric Truck Segment Increases Competition in a Populated Industry
In this analysis, Frost & Sullivan examines the commercial truck industry in China, focusing on the light, medium, and heavy-duty commercial truck segments. Commercial trucks are crucial in various areas in China, such as manufacturing, agriculture, forestry, mining, construction, transportation and warehousing, wholesale, and retail, contributing ...
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04 Sep 2024  |  Global  |  Market Research
Automotive Cybersecurity Market, Global, 2023‒2030
Automotive Cybersecurity is Driving Transformational Growth Through Strategic OEM Partnerships to Accelerate Technology Advancements and Regulatory Compliance
With increasing connectivity features, advanced cybersecurity solutions will be necessary to secure next-gen connected vehicles. OEMs should establish a comprehensive cybersecurity model to proactively address the evolving threat landscape, especially with the advent of generative AI. With imminent global regulatory mandates, cybersecurity is not j...
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25 Jun 2025  |  Global  |  Market Outlook
Global Electric Car Market Outlook, 2025
OEMs Focus on Revising Electrification Strategies to Adjust to Changing Market Conditions
This Frost & Sullivan analysis provides an outlook for the electric vehicle (EV) industry based on the latest industry data, an outline of current trends, an in-depth examination of future developments, and a breakdown of the main stakeholders in the sector and their performance.Over 17.7 million units of EVs were sold worldwide in 2024, recording ...
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08 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Mega Trends in the Indian Solar Inverters Market
Future Growth Potential Enhanced by Rooftop Inverter Opportunities and C&I Segment Contribution
India is a signatory to the Paris climate change agreement, which requires at least 40% of its energy to be from renewable sources by 2030. By 2022, India targets 175GW from renewable sources, out of which it plans to achieve 100GW from solar sources with rooftop solar contributing about 40GW. The Ministry of Renewable Energy has launched a number...
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03 Jun 2021  |  South Asia, Middle East & North Africa  |  Market Research
Indian Electric Vehicle (EV) Growth Opportunities
Battery Swapping, Emerging New Business Models, and Growing Charging Infrastructure are Expected to Drive Electric Vehicles in India
Battery Swapping, Emerging New Business Models & Growing Charging Infrastructure are expected to drive the Electric Vehicle Industry in India Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles have been introduced as a clean energy initiative, as they have low or zero emissions...
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02 Sep 2021  |  Asia Pacific  |  Market Research
Indonesia Automotive Outlook, 2021
Future Growth Potential of the Automotive Industry due to Sector-Focused Incentives that Cushion Economic Recovery
In 2020, Indonesias automotive total industry volume (TIV) dropped by 48.4%, compared to 2019, with only 532,030 units being sold. The passenger vehicle (PV) segment remained dominant with 73.1% market share. The economic growth for 2020 was the weakest since the 1998 Asian financial crisis. Factors impacted by the COVID-19 pandemic include Gross D...
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09 Sep 2021  |  Global  |  Market Outlook
Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2021
Average Miles Driven and Spend Per Vehicle to Rise Sharply, Resulting in Transformational Growth
The COVID-19 pandemic has affected industries worldwide, but few felt it as directly as the global commercial vehicles aftermarket. The collapse of economic activity in many regions reduced the number of trucks on the road and average miles driven. It also has caused a skilled labor shortage of truck drivers, repair technicians, and other workers n...
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30 Jul 2019  |  Global  |  Market Outlook
Global Medium/Heavy Commercial Vehicle Aftermarket Outlook, 2019
Manufacturer-level Revenue to Approach $100 Billion in 2019 Across 20 Key Markets
The global commercial vehicles aftermarket is a large, but overlooked industry. Across the world, the average company spends nearly $5,000 a year on maintenance and repair parts for just one commercial truck, compared to less than $1,000 that a consumer spends for a passenger vehicle. The aim of this study is to identify the size of the global comm...
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18 Dec 2021  |  Asia Pacific  |  Market Research
Association of Southeast Asian Nations (ASEAN) Commercial Vehicle (CV) Growth Opportunities
Sales Volume in the Region is Expected to more than Double by the End of the Decade, Driven by Rising Infrastructure and Economic Activity
The overall commercial vehicle volume in ASEAN is expected to reach 1.7 million units by 2030, growing at a CAGR of 7.9% between 2020 and 2030. The region has experienced rapid industrialization, moving away from agriculture and toward manufacturing of electrical and electronic components and machinery. Post the pandemic, there has been a revival i...
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22 Apr 2022  |  North America  |  Market Outlook
Global Shared Mobility Outlook, 2022
Service Diversifications, Disruptive Technologies, and Competitive Intensity to Power the Shared Mobility Market in 2022
The COVID-19 pandemic has completely changed the way we travel. Though work commute and trips to public transport stations/stops are still 15% less than pre-pandemic levels, there is a significant shift in mobility demand. Trips to shopping malls, parks, and supermarkets have increased 10% or more when compared to the baseline levels; this, in turn...
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