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06 Jun 2023  |  Global  |  Market Outlook
Automotive Outlook, 2023
Easing of Chip Shortage Crisis, Increasing Electric Vehicle Adoption, and Improving Macroeconomics to Drive Light Vehicle Sales by 3.3%
Global light vehicle (LV) sales reached 79.9 million units in 2022, registering 1.3% lower sales than in 2021. China was the top-selling market with 25.7 million units, ahead of the United States at 13.9 million and Japan at 4.1 million. The Russo-Ukrainian War resulted in production delays owing to part supply delays and semiconductor shortages, l...
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09 Jan 2024  |  Global  |  Market Research
Recent Innovations Advancing Thin Film Battery Developments
The Flexibility, Lightness, and Safety of Thin Film Batteries Attract Global Interest
Electronic devices are an integral part of human life, serving a multitude of functionalities. Many application areas for example, electronic gadgets, health monitoring and medical devices, activity tracking, smart cards, and wearable electronics require lightweight, flexible, and compact energy storage solutions. The focus on miniaturization and c...
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18 May 2021  |  Global  |  Market Research
Innovative Business Models to Transform the Global Commercial Vehicle Coatings Market, 2020
Strategic Partnering With Stakeholders in the Light Commercial Vehicle (LCV) Segment Creates New Growth Opportunities
This study presents an assessment of the current status and future prospects of the global commercial vehicle coatings market. It takes into account volume shipment and revenue generated from commercial vehicle coatings from 2017 to 2027. Revenue is recorded at the manufacturer level. Coatings in this study are defined as OEM and refinish coatings ...
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12 Sep 2022  |  Europe  |  Market Research
Analysis of Telematics in the European Vehicle Leasing and Rental Market
Increased Vehicle Leasing and Renting and Strategic Partnering with Ecosystem Stakeholders will Propel Telematics into European Light Vehicle Fleets
Global economies are in the phase of easing restrictions and accepting the new normal. European leasing and rental companies are embracing the new challenges set forth. The connected car is a ground-breaking trend in the automotive industry, and many automobile manufacturers are offering telematics as standard services in vehicles rolled out from f...
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10 May 2022  |  North America  |  Market Outlook
Global Light, Medium, and Heavy Commercial Vehicle Outlook, 2022
Plummeting Demand in China will Contribute to a Contraction in Medium- and Heavy-duty Truck Sales
All regions except for China (which contributes annual sales volumes averaging about 40%) witnessed growth in commercial vehicle sales in 2021, indicating a return to normalcy after a dismal 2020. Despite COVID-19 virus surges in some places, the overall sentiment for the year remained positive. Frost & Sullivan expects the global market to grow ev...
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30 May 2024  |  Global  |  Market Research
Growth Opportunities in the South African Connected Truck Telematics Industry
Despite Multiple Local Challenges and Geopolitical Uncertainties, South Africa Presents Significant Growth Opportunities in the Light Commercial Vehicle Segment
South Africa's commercial vehicle telematics industry exhibits significant growth potential, particularly in the basic track-and-trace segment. With the integration of affordable enhancements, opportunities to expand into mid-tier and advanced solutions will open up. In addition to the ongoing energy and utilities challenges, governmental regulator...
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02 Feb 2021  |  Europe  |  Market Research
Life Cycle and Total Cost of Ownership (TCO) Analysis of Heavy, Medium, and Light Duty Trucks in Europe
During a 15-year Life Cycle, Battery Electric Trucks Offer a TCO Benefit of 8% to 16% Compared to Diesel Trucks
During the 15-year lifetime of a truck, the total cost of ownership is lowest for battery electric trucks, followed by natural gas and diesel powertrains across light, medium, and heavy duty segments. As the truck gets older, maintenance cost increases with decrease in mileage, resulting in increasing total cost of ownership (TCO) per mile. Miles t...
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23 Jun 2020  |  North America  |  Market Outlook
Global Automotive Industry Outlook, 2020
COVID-19 Pandemic to Negatively Impact Light Vehicle Sales to the Tune of Over 14% YoY
The novel coronavirus driven pandemic has adversely affected a wide array of industries. The automotive industry is not immune to the disruptions caused by the virus either. The months of March and April have seen lockdowns of cities across the globe, and the sales of automobiles have plummeted as a result. Light vehicle (LV) sales in China, the Un...
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01 Apr 2019  |  Asia Pacific  |  Market Research
Vietnamese Clinical Laboratories Market, Forecast to 2025
Increase in Universal Health Support for Private Healthcare will Boost Test Volumes in Both Public and Private Sectors
Clinical laboratories are an essential part of the health industry. Approximately 80% of physicians' diagnoses is estimated to be the result of laboratory tests. The constant pressure to reduce healthcare spending is shifting healthcare application in favor of the laboratory, making it a more valuable part of the treatment plan. Vietnam CLT marke...
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12 Jan 2024  |  Global  |  Market Research
Emerging Innovations and Future Growth Opportunities in Bifacial Solar Cells
Maximizes Solar Energy Potential in Low-light Environments
Solar energy constituted 65% of the total 295 GW installed renewable capacity in 2022. About 70% of the deployed solar panels were monofacial panels that generate electricity from only the top side of the panel. Despite their popularity, these monofacial panels have encountered challenges related to space efficiency, energy yield, and dependence on...
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