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08 Oct 2018  |  North America  |  Market Research
US DoD UAS Market, Forecast to 2023
Significant Growth Opportunities Still Exist in Providing Advanced Technologies that Increase Autonomy, Interoperability, and Multi-mission Functionality
The importance of military unmanned aerial system (UAS) continues to grow as combatant commanders have become accustomed to receiving 24/7 battlefield surveillance and will continue demanding more as adversaries become better equipped and more technologically advanced. UAS operations have become an integral part of the war-fighting capability of th...
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20 Jul 2021  |  North America  |  Market Outlook
Global Electric Vehicle Outlook 2021
Global EV Penetration will Increase from 4.5% in 2020 to 6.1% in 2021
In 2020, 3.2 million units were sold, of which 69.4% were Battery Electric Vehicles (BEVs) and 30.3% were Plug-in Hybrid Electric Vehicles (PHEVs). Europe emerged as a market leader with 43.3% market share for the first time in the history, overtaking China with 41.0%. Global EV penetration increased from 3.4% to 4.5% in 2020. Europe also recorded ...
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08 Jul 2026  |  Global  |  Market Research
Growth Opportunities in the Global Hybrid Electric Vehicle (Mild and Full HEV) Market, 2026–2030
Bridging the Electrification Gap Through Cost-Effective, Scalable, and Regulation-Driven Hybrid Adoption
The global automotive industry is witnessing a rapid shift towards electrification, driven by the need for stringent emission norms, fuel efficiency, and changes in consumer behavior. In this journey of electrification, hybrid electric vehicles (HEVs), including mild hybrids (MHEVs) and full hybrids (FHEVs), have come to the fore as viable solution...
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20 Aug 2026  |  Global  |  Market Outlook
2026 Prediction of Global Electric Vehicle Market
Increased EV Penetration Worldwide Signals the Transition from Early Adoption to Mainstream Acceptance
Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...
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16 Dec 2019  |  North America  |  Market Research
Executive Report on Global Electric Vehicle (EVs) Sales in 2018 and H1 2019
About 2.1 Million EVs were Sold in 2018 Globally, of which Nearly 1.2 Million were Sold in China Alone, Occupying more than 57% of the Market
The cost driven EV market is heavily dependent on subsidies and incentives offered by various governments on EV purchase and charging. Netherlands and Hong Kong have witnessed a decrease in EV sales post the removal of grants/subsidies on purchase of EVs. Norway has enjoyed a high growth rate of 4.8% with more than 21% of vehicles sold in the count...
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19 Sep 2024  |  Global  |  Market Outlook
Global Bus Growth Opportunities, 2024
Strong Growth for Zero-emission Transit Buses in Europe, North America, and India
The global bus industry is estimated to reach 2,34,000 units in 2024. The strong growth will be due to the bounce back in volumes in India and a healthy increase in Europe. Transit bus demand grew due to aging fleet replacement and government subsidies for alternate powertrains, while coach bus growth was driven by the thriving tourism industry and...
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05 Jan 2018  |  Europe  |  Market Research
Strategic Analysis of Truck and Bus Driver Simulator Market, 2016–2025
Simulator Usage in Driver Training will Promote Eco-driving, Critical Driving, and Defensive Driving Growth in the Commercial Vehicle (CV) Industry
Skilled driver shortage and reduction in fleet liabilities is major driver for the driver simulator market. The challenges include high initial investment, replication of complex road environment, and driving pattern in virtual driving condition. European Directive 2003/59/ EC of European parliament deals with initial qualification and periodic tra...
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18 Apr 2018  |  Asia Pacific  |  Market Research
China Luxury Car Market, Forecast to 2025
Rising Disposable Income and Increasing Demand for Luxury Vehicles are Propelling China to become the Largest Global Market for Premium Cars
China is the largest automotive market globally. In 2017, luxury cars accounted for a 10.3% share of the country’s overall passenger vehicle market. The luxury car market is forecast to experience a positive growth, at a compound annual growth rate (CAGR) of 5.4% during 2017-2025. Being a premium niche market it is highly concentrated and dominated...
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10 Oct 2025  |  Global  |  Market Research
Steer-by-Wire Market, Global, 2024–2031
Steer-by-wire Technology Faces Adoption Challenges, Primarily due to High System Costs and Insufficient Steering Feedback
The global steer-by-wire (SbW) market is expected to grow despite the technology itself being over a decade old. Early adopters, including Infiniti and Tesla, as well as premium segment EV manufacturers, introduced SbW systems years ago; however, penetration in the mass market has been slow. This is largely due to high system costs, the need for ro...
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20 Oct 2020  |  Global  |  Market Research
Global Video Conferencing Endpoints and Infrastructure Market, Forecast to 2025
2020 Market Update
The sudden shift to remote work for millions of people has created an exponential demand for video meetings. In H1 2020, cloud video meeting providers reported massive growth in usage. Growth in video devices was primarily driven by webcams and all-in-one appliances for remote workers while meeting rooms remained in a holding pattern during the CO...
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