Search results for: 'fire duti market'

The four megatrends driving transformation in the commercial vehicle (CV) industry are connected, autonomous, shared, and electric (CASE). Digital transformation through CV innovation will help to achieve a cleaner, safer, and more sustainable environment, with a proliferation of electric CVs expected in the upcoming decade. Tesla, Nikola Motors...

This Frost & Sullivan study covers the Class 4-8 transmission replacement aftermarket in North America and forecasts market size from 2023 to 2029. The base year is 2022, and the study period is from 2019 to 2029. The study analyzes key medium-duty (MD) and heavy-duty (HD) truck transmission replacement trends in the aftermarket and examines the ne...

In 2020, the global fire safety equipment revenue declined by 28.7% due to the pandemic. Cancellation and postponement of construction and inauguration of new buildings drastically reduced the revenue from new fire safety equipment installations. Nonetheless, building construction projects largely resumed in 2021, and global economic recovery led t...

The global commercial vehicle market witnessed a decline in sales volumes in 2024, more so in the medium and heavy-duty truck segments than in light commercial vehicles (LCVs). Various regional markets had an oversupply, leading to a fall in truck demand. ASEAN, China, and India experienced a significant decline in LCV sales volumes, following stro...

Southeast Asia’s fire detection and suppression market is expected to grow at a CAGR of 8.9% from 2015 to 2020 because of the growing building construction industry and stringent fire code regulations. The emergence of smart cities will accelerate the adoption of fire and safety systems that are mandatory in public, commercial, and many industrial ...

Electrification in trucking is gaining momentum as a Mega Trend, with new mobility models shaping the industry s future. Various sub-trends within electric vehicles (EVs), such as battery EVs (BEVs) and FCEVs, are increasingly popular as emission norms become stricter and the focus on achieving cleaner forms of goods transportation is higher. The p...

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...

This Frost & Sullivan's analysis of the 2024 global medium and heavy-duty (MD and HD) commercial vehicle aftermarket examines and forecasts for the 2023 2027 period, highlighting several types of parts in the aftermarket and its growth opportunities. This outlook features global coverage with a specific focus and analytics for North America, Lat...

Frost & Sullivan expects India’s medium and heavy-duty truck market to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scal...