Search results for: 'spend sensor'

The concept of creating a replica of equipment or a system, or physical asset called digital twin is gaining interest in the manufacturing sector. Technologies such as artificial intelligence, advanced software platforms, communication, big data analytics, and sensors are enabling improvements in efficiency and productivity. Mixed reality, holograp...

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...

10 Aug 2022  |  Global  |  Market Outlook

Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2022

Average Miles Driven and Spend per Vehicle to Rise Sharply and Result in Transformational Growth

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In 2021, the aftermarket rebounded strongly from the COVID-19 pandemic of 2020, as vehicles in operation (VIO), average miles driven, and spend per vehicle increased. However, parts shortages remain a year after the global economy has reopened, and the skilled labor shortage of truck drivers and service technicians is approaching critical levels. T...

Drones are unmanned aerial vehicles that are finding application opportunities in various industries and have the potential to transform military as well as consumer applications. Drones essentially combine various sensing and communication technologies along with remote control or autonomous capabilities. Drones were initially developed for milita...

The research study focuses on user interface applications of advanced touchless sensing technologies. Such advanced technologies as gesture sensing, voice command, brain wave sensing, and eye tracking are creating new opportunities for touchless sensing applications. Next-generation interfaces that are enabled by these advanced touchless technologi...

The study discusses key growth metrics and identifies the factors driving and restraining this market. It examines global industry trends from an end-user perspective and identifies the growth opportunities emerging from the changes in this space for market participants and stakeholders to leverage. The base year is 2023, and the forecast period is...

Continuous health monitoring technologies are playing an instrumental role in healthcare by enabling real-time monitoring of vital signs, including heart rate, respiration rate, and blood pressure, thereby enhancing early disease detection and chronic disease management.The growing burden of chronic diseases, an aging population, and a shift toward...

The US Department of Defense (DoD) has been transitioning from acquiring new UAS to upgrading current platforms, sensors payloads, and overall capabilities. This market insight focuses on the technologies involved in this transition as well as how prospective requirements and enabling innovations will shape future UAS payloads and the demand for th...

Polymer Electronics is a novel technology platform that paves the way for revolutionary small, flexible, wide area electronic devices that can be produced at low cost in very high volumes. Polymer Electronics technology is based on organic materials that are conductive, and semiconductive. There are many different types of such materials, including...