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28 Jun 2023  |  Global  |  Market Outlook
Global Medium- and Heavy-duty Commercial Vehicle Aftermarket Outlook, 2023
Parts Spending to Increase in 2023 Led by Growth Opportunities in Asia-Pacific
Frost & Sullivan’s research service assesses the size of the global medium- and heavy-duty (MD and HD) truck parts and services aftermarket and its growth opportunities from 2022 to 2027. This global study highlights major Class 4–8 truck aftermarket trends with specific regional analysis into North America, Latin America, Europe, Asia-Pacific, and...
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05 Dec 2025  |  South Asia, Middle East & North Africa  |  Frost Radar
Frost Radar™: Medium- and Heavy- Duty Trucks in India, 2025
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines
Frost & Sullivan expects India’s medium and heavy-duty truck market to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scal...
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29 Oct 2025  |  South Asia, Middle East & North Africa  |  Customer Research
Voice of Customer: Buying Behavior for Light-Duty Commercial Vehicles, India, 2025
A Survey on Vehicle Owner and Operator Preferences in the Purchase of Light-duty Commercial Vehicles in India
This Frost & Sullivan analysis presents the findings of a comprehensive survey conducted to understand consumer behavior in the procurement and usage of light-duty commercial vehicles (LCVs) in India. With the Indian logistics and transportation sector undergoing rapid transformation, LCVs play a critical role in last-mile connectivity, intra-city ...
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17 Dec 2019  |  North America  |  Market Research
NA and EU Sensor Data Fusion Strategies for ADAS and AD Systems, Forecast to 2025
Strategies Influencing Key Design Elements of E/E Architecture and Sourcing AD Software to Achieve L3 and Above Autonomy
The evolution in autonomy and increase in the adoption of driver assistance systems have generated a need to sense and perceive the surrounding environment of a vehicle entirely and accurately. The fusion of forward-looking sensor data has given OEMs and Tier-I suppliers opportunities to offer multiple ADAS applications at low costs, while providin...
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31 Dec 2014  |  Global  |  Market Research
Strategic Analysis of the Global Hybrid and Electric Medium- and Heavy-duty Truck Market
In 2022, China is expected to account for more than half of medium- and heavy-duty (hybrid and electric) truck sales
The study analyzes the global hybrid and electric medium- and heavy-duty truck market. It focuses on the key trends impacting the market, as well as market drivers and restraints. Additionally, regional analyses with powertrain split, hybrid architecture split, original equipment manufacturer (OEM) activities, unit shipment, and penetration forecas...
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22 Jul 2025  |  Global  |  Market Outlook
Global Light Commercial Vehicle and Medium & High-duty Truck Market Outlook, 2025
Robust Sales in Emerging Markets Mitigate the Effects of the Degrowth in North America and Europe
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...
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18 Mar 2016  |  Global  |  Market Research
Global Heavy-Duty (HD) Transit Bus Market, Forecast to 2022
Hybrid and Electric Powertrain to Account for Increasing Share of Total Transit Bus Sales as Market Hits Top Gear with New Energy Offerings
This Frost & Sullivan research service studies the impact of Mega Trends, industry convergence implications, and autonomous public transport business models on the global heavy-duty (HD) transit bus market. It also provides an in-depth analysis of the key regional markets, including China, Europe, India, North America, Latin America, and Rest of Wo...
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26 May 2017  |  Global  |  Market Research
PACCAR Inc—Profile of a Leading Global Truck Manufacturer
Focus on Advanced Technology Adoption Combined with Global Expansion to Propel Growth Through 2025
PACCAR Inc is expected to increase its medium- and heavy-duty truck unit sales at a compound annual growth rate of 4.8% from 2016 to 2025, which will help it maintain its share of the global truck market. While rising unit sales will not be the key driver for sustained profitability, revenue from services such as telematics-based fleet management s...
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07 Nov 2016  |  North America  |  Market Research
Market Analysis of Premium European OEMs' ADAS and Automated Driving (AD) Strategies
Along with Level 3 and 4 Functions, Shared Mobility Portfolio to Play a Key Role in OEMs’ Future Business Models
While OEMs are racing towards achieving L4 and 5 automation features in their vehicles in developed markets such as NA and Europe, there will be major improvements in the ADAS sensors that will be used to achieve the desired features. Every OEM is working on a strategy that is different from others in terms of the level of automation desired. With ...
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30 Apr 2020  |  North America  |  Market Outlook
Global Autonomous Driving Industry Outlook, 2020
OEMs are Reprioritizing Short-term Economic Returns on Investments into Autonomous Driving (AD) by Adopting L2+ Technologies and Investing in Plug-and-play Platforms
The autonomous industry, although developing at a decent pace, has realized that the transition from traditional vehicles to autonomous vehicles is still a long time away. OEMs and Tier-1 suppliers have been pouring in investments to develop technologies for deployments of highly automated vehicles. However, despite overcoming the technological bar...
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