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This study covers 14 key countries that are looking to invest in airborne Electronic Warfare (EW) capabilities due to rising threat perceptions. Revenue is forecasted for some countries with established or published EW programs while qualitative assessment has been done for others. Key platform procurement and upgrade programs are covered, focusing...

The global commercial vehicle market witnessed a decline in sales volumes in 2024, more so in the medium and heavy-duty truck segments than in light commercial vehicles (LCVs). Various regional markets had an oversupply, leading to a fall in truck demand. ASEAN, China, and India experienced a significant decline in LCV sales volumes, following stro...

In this analysis, Frost & Sullivan examines how servitization is reshaping the light commercial vehicle (LCV) industry. As the market shifts from product-centric to service-led models, LCV manufacturers are expanding their offerings beyond vehicle sales to include fleet management, predictive maintenance, telematics, flexible ownership models, and ...

02 Jul 2024  |  Global  |  Market Outlook

Caribbean and Central American Automotive Outlook, 2024

Chinese OEMs Entry into the Industry and the Growing Electric Vehicle Adoption Indicate about a 50% Unit Sales Growth between 2021 and 2024, Followed by another 20% by 2030 to Surpass 300,000 Combined Unit Sales in the Key Countries

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This Frost & Sullivan outlook analyzes the automotive industry in select Central American and Caribbean countries, including Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. It provides historical sales data for each of the countries from 2020, and forecast data runs through to 2030. Th...

15 Mar 2021  |  Global  |  Market Research

Electricity Market Modernization and Cost Reductions Powering the Global Grid Battery Energy Storage Market

Competitive Strategies from Optimization Services, Flexible System Designs, and Co-located Storage Capturing Growth Opportunities

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Power utilities, system operators, and authorities worldwide increasingly regard grid battery energy storage as a core component of energy expansion plans. Key factors driving this consideration are increasing price competitiveness owing to declining technology costs, including for batteries and balance of plant, and the continual expansion of inte...

07 Mar 2018  |  Global  |  Market Research

Analysis of Global Automotive Lubricants and Additives Market, Forecast to 2024

High Growth of Vehicle Sales in Asia-Pacific and Latin America Drives Demand

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Key Issues Addressed

The automotive lubricants industry is one of the key industries of leading economies that supply to customer segments such as automotive original equipment manufacturers (OEMs), repair shops, distributors, commercial fleet owners, and individual vehicle owners. The key end-user segments covered in this study are passenger car motor oils (PCMO) and ...

Light vehicle sales (passenger and light commercial) account for significant global automotive industry revenue. The global passenger vehicle sales were 57.5 million units in 2022, a 1.9% growth year-over-year. In 2022, China became the world's largest regional automobile market, with 23.6 million units sold; the United States came second with sale...

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%

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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...

19 Sep 2022  |  Global  |  Market Research

Global Battery Testing and Inspection Equipment Growth Opportunities

Electric Vehicle Sales, Grid Modernization, and Transition to Renewable Electricity Enhance Future Growth Potential

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The rapid surge in EV sales, sustainable battery usage, the need for high-capacity batteries, and advancements in battery chemistries and components are forecast to drive the need for efficient and robust battery testing and inspection solutions.The global battery testing and inspection equipment market is estimated to register 9.5% CAGR between 20...