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Revenue growth in Asia-Pacific will experience a CAGR of 2.0% during the period from 2018 to 2023, which indicates a slow rate of growth. As markets are saturating and competition is increasing, Mobile Network Operators’ (MNOs’) revenues and/or profit, especially from traditional core services, is declining. MNOs are under pressure to seek out new ...

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This research service focuses on US Department of Defense (DoD) contracting information for the research, development, test, and evaluation; procurement; and operations and maintenance categories.The analyst has segmented contracting data by military department and overall leading firms.The data and insight provided are fiscal year 2021 DoD contra...

By 2025, over 2 million electric vehicles (EVs) are expected to be sold only in the US. Consumers now prefer EVs over ICEs owing to fast developing charging network across the US. There is an opportunity for both AC and DC charging network expansion and traditional business models are not sufficient anymore. Unlike fuel stations, with respect to EV...

Digital risk protection (DRP) is a set of cybersecurity procedures that consists of four strategic pillars: mapping out the digital attack surface area, monitoring the threat landscape, mitigating scam and phishing attacks, and managing a comprehensive risk strategy to protect an organization’s external-facing digital assets beyond its network peri...

The rapid rise of electric vehicles (EVs) is intensifying the need for a robust, accessible charging infrastructure. Enabled by IoT integration, EVs are becoming a smarter alternative to conventional ICE vehicles. Expanding fast-charging stations along highways and at key destinations is critical to alleviating range anxiety, ensuring seamless jour...

The globa IoT devices market is broken down by region North America, Asia-Pacific, Europe, Middle East and Africa, Latin America. Each region is also segmented by application. In 2024, Building Automation, Security & Surveillance followed by Factory and Industrial Automation will continue to dominate the market, jointly contributing more that 60...

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...