Search results for: 'expecting vehicle'

This analysis of the European military ground vehicle market covers trends, challenges, drivers, restraints, and growth opportunities. An overview of the regional conflicts, recent developments, and main competitors in the field is also provided. The Russo-Ukrainian War has led to an increase in the production of military equipment by the Europ...

05 May 2017  |  Africa  |  Market Research

African Commercial Vehicles Market, Forecast to 2025

Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments

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The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...

Navigation systems are among the initial in-vehicle innovations added for consumer convenience that have evolved as more technological advancements emerge. With in-vehicle connectivity, use cases for in-vehicle navigation systems have expanded, allowing new opportunities for in-vehicle navigation services. Frost & Sullivan has interviewed thought...

Vehicle leasing addresses several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services, leading to outsourcing of support activities related to mobility, ranging from fleet purchasing to remarketing. Unless an expert t...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

The electrified vehicle (xEV) industry in Latin America is at an emerging stage, in terms of vehicle sales, charging infrastructure, and regulations. However, it has been growing at a fast pace, primarily because of the entry of new models and the launch of purchase incentives. For example, in 2022, almost 157,000 electrified units were sold in the...

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-...

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...

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 ...