Search results for: 'regul optimization for commercial vehicles'

31 Aug 2016  |  Asia Pacific  |  Market Research

Indian Commercial Vehicle Telematics Market

Annual Telematics Sales to Grow Sixfold by 2023

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Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telem...

27 May 2016  |  North America  |  Market Research

Top 10 Trends in the North American Medium- and Heavy-duty Commercial Vehicle Aftermarket

Connected Trucks and Legislation Will Play a Key Role in Creating a $33 Billion Market by 2022

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This strategic market Insight covers the Top 10 market trends of the Class 4–8 medium- and heavy-duty commercial vehicles in North America (the United States and Canada). The key macro trends covered in this study include ageing truck population, technician shortage outpacing demand, and right to repair—CSA creating opportunities. Key maintenance t...

The aim of this study is to analyze the developments of telematics industry for CVs in Europe and present an outlook of market growth, opportunities, and performance. The major focus is market trends (CV OEMs' increasing focus in telematics market, mobile freight brokerage, growing demand for field service management, video safety solutions, and 1-...

Globally, incentives to purchase electric trucks and buses in the form of subsidies, tax cuts, or even penalties related to internal combustion engine (ICE) vehicles can go a long way in making electric vehicles (EVs) attractive to fleets by considerably lowering the acquisition cost. Incentives also give original equipment manufacturers (OEMs) pro...

This study examines the development prospects that artificial intelligence (AI) offers the commercial vehicle (CV) industry, focusing on both the revolutionary potential of AI and the difficulties businesses face in fostering growth, including complicated regulations, high capital expenditure, and challenges in incorporating new technology into pre...

Commercial buses are essential contributors to carrying large numbers of passengers and their belongings, operating within or between cities. Countries with large populations and vast geographies (e.g., Indonesia, the Philippines, Vietnam, Thailand) have significant demand for commercial buses in metropolitan areas (e.g., Jakarta, Bangkok) or ru...

11 Jan 2021  |  North America  |  Market Research

Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market

Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks

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The medium-duty and heavy-duty truck and bus markets in the US are expected to show strong recovery following the major dip in 2020 due to the dire impacts of the COVID-19 crisis on production and sales. However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets. The electric bus segment shows a slight d...

Latin America is evolving into a promising hub for light commercial vehicles (LCVs). With growing investments from global automotive players, the region is poised for increased output and innovation. Global and Chinese OEMs are intensifying efforts through local assembly, telematics integration, and alternative fuel adaptation to stay competitive a...

Frost & Sullivan expects the overall light commercial vehicle (LCV) market to reach 2.4 million units by 2032. This market is on track to achieve a compound annual growth rate (CAGR) of 2.9% between 2023 and 2032. Electric vehicle (EV) penetration will increase to reach 60.0% during this period, up from 6.9% in 2023. The overall size of the LCV ...