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The need for adapting Microelectromechanical Systems (MEMS) technologies is rooted in the requirement to enable high and faster on-chip data processing needs across all industries. MEMS technology has drastically evolved over the years with a high need for miniature smart sensors with high efficiency. The key factors that are driving the MEMS tech...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on next-generation ROV systems subsea assessments, drone-based methane detection, asset integrity enhancing solutions, detection of undocumented oil and gas wells using AI, among others.The Oil and Gas TOE provides intelligence on innovations pertaining to tec...

This research looks at the state of firmware security and the impact of firmware security on the overall IoT security market. The research identifies firmware development process within organizations and focuses on the companies that have developed innovative platforms and solutions to secure firmware at each stage of development, system integratio...

This study examines the US Army's modernization efforts by analyzing official strategy documents, the 2023 Nation Defense Authorization Act, public statements made by senior decision makers, development programs, and contractual trends that comprise the Army’s modernization efforts. Thirty-six months ago, the Army established a four-star command in...

This Frost & Sullivan study examines the current state of the global commercial unmanned aerial system infrared technologies, highlighting the main drivers contributing to growth, restraints, trends, challenges, and main growth opportunities. In 2022 the total market generated about $225.9 million in revenue. The most relevant applications of co...

The Southeast Asian building management system (BMS) market is growing due to increasing urbanization, industrialization, and the emphasis on energy efficiency and sustainability. Industry convergence and the emergence of new technologies have contributed to a sharp increase in the adoption of digital solutions in buildings, thus boosting demand fo...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Air Taxi, Electric Vehicles, Autonomous Mobility, Radar and Diesel Engines. Some of the innovations profiled include Autonomous Electric Air Taxi for Urban Air Mobility, Advanced 3D Mapping and Object Detection System for Autonomous Vehicles, Intelligent Operating Sys...

This study provides an overview of the engine oil aftermarket in Indonesia. It covers both passenger vehicle and light commercial vehicle (pick-up) segments. Three main engine oils have been selected; they are fully synthetic, semisynthetic and mineral oil. This study discusses sales and market structure in Indonesia, outlining the consumption volu...

15 Jun 2021  |  North America  |  Market Research

US Automotive Usage-based Insurance Growth Opportunities

Transformational Growth Enabled by Connected Data Ecosystems Drives New Insurance Models

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For decades, automotive insurers have based underwriting on historical driver data and demographics. Drivers were forced to settle for one-size-fits-all policies that did not take into account their driving habits or miles driven. This began to change with the emergence of real-time tracking of vehicle and driver behavior with vehicle telematics. T...