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Europe’s public-transit fare systems are moving away from cash, paper tickets, and closed-loop cards. Riders now hold an account, and the system works out the best fare after the journey, whether they pay with a bank card, a phone, or an app. Three forces drive demand: aging equipment that needs replacing, national and regional schemes that bring m...

International crude oil prices are sensitive to oil production policies, geopolitical issues, government regulations, and several other factors. For improved foresight and scenario-planning capabilities, this Frost & Sullivan research service encompasses an oil price forecast model until 2025. The model was developed through a comprehensive scenari...

12 Jun 2020  |  Global  |  Market Outlook

Global Light Commercial Vehicle Market Outlook, 2020

LCV Sales to Decline by 19.0% in 2020 Impacted by Global Recession Caused by the COVID-19 Outbreak at the Start of the Year

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Global sales of light commercial vehicle (LCV) are expected to reach 9.49 million units in 2020, with pickups contributing to 4.62 million units. The share of North America (NA) in the overall LCV market stood at 35%, while China held a 25% share, in 2019. Impending disruptions due to Coronavirus 2019 (COVID-19) are expected to impact sales across ...

Seasonal water shortages, increased water demand, and water scarcity caused by population and economic growth have challenged water sustainability and the water quality supplied to the public. Conventionally, water is supplied by water utilities in charge of provisioning clean water and sanitation. Over the years, the value of water has grown beyon...

This research service focuses only on US Department of Defense (DoD) ground- and maritime-based radars; airborne radars are not included. Representative programs, contracts, and market participants are included to form an overview picture of DoD spending on this technology. An analysis of research, development, test, and evaluation (RDT&E); procu...

The increasing rate of urbanization and growing traffic in major cities around the world have opened up new opportunities for micro-mobility transportation. One such emerging mico-mobility option is the quadricycle. This study aims to provide a strategic overview of the quadricycle industry, identifying and examining the factors contributing to the...

While the internet of things (IoT) is important to organizations aiming to generate operational efficiency, drive new revenue streams, or improve customer experience, companies struggle to implement IoT projects because of challenges related to connecting operational infrastructure and legacy IT infrastructure, choosing the best connectivity protoc...

The evolving IT landscape has played a transformative role in the field of life sciences, enabling a reliance on real-world evidence (RWE) solutions. With growing competition and the demand for precision in decision-making, pharmaceutical companies, healthcare providers, and technology organizations have realized the need for real-world data (RWD) ...

Internet of Things (IoT) technologies are fast becoming essential business tools and key parts of digital transformation for many organizations. IoT deployments are well suited, across the range of potential configurations and applications, to dovetail with efforts to achieve top reported business priorities. Frost & Sullivan conducted a survey...