Search results for: 'software defined vehicle'

Understanding consumer needs is quintessential for driving future mobility developments. This research focuses on consumer awareness and their willingness to pay for hybrid vehicles and electric vehicles (EVs). The respondents were questioned based on numerous factors such as technology awareness, preferred vehicle range, features, ease of charging...

Changing dynamics of the Indian commercial vehicle (CV) industry, better and newer products, entry of global players and implementation of emission norms and other regulations over the past few years have made India the 5th biggest CV market in the world. With India being the fastest-growing major economy in the world, the CV industry is expected t...

This study involves a unique methodology of analysis of various end-use application segments in commercial vehicles, their usage pattern, replacement cycles, and expected growth in the end-use industry, coupled with Mega Trends such as Gross Domestic Product (GDP) growth, urbanization, changing safety and emission norms, new tax reforms, changing t...

This research service provides a strategic overview of the Indian OEMs powertrain technologies, including key technology trends, emission norms, market drivers and restraints for Gasoline and Diesel engines. It also provides a road map for transmission technologies used in Indian passenger vehicles. It provides market trends and the technology road...

13 Jul 2021  |  South Asia, Middle East & North Africa  |  Market Research

GCC Light Vehicle Aftermarket Outlook, 2021

Innovative Business Models Propels Future Growth Potential

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In 2020, the Gulf Cooperation Council (GCC) region faced significant challenges due to the COVID-19 pandemic and oil price crash. Gross domestic product (GDP) in GCC nations contracted by 5%–10% in 2020. The GCC population dropped by 3%–5% due to expatriate exodus. Every industry and sector faced multiple disruptions. The GCC light vehicle aftermar...

06 Oct 2021  |  South Asia, Middle East & North Africa  |  Market Research

Indian Light Vehicle Leasing Growth Opportunities

The Company Car Market, Which was Impacted by the Economic Slowdown and the COVID-19 Pandemic in 2019, Recovered Marginally in 2020

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Vehicle leasing is seen as a solution to the growing number of challenges faced by companies in terms of their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses are focused on their core products/services and seek to outsource support activities. Mo...

The Indian trucking industry includes a diverse range of vehicles, operators, and logistics services and is a critical driver of economic growth and development. Following years of axle load regulation and the implementation of Bharat Stage 6 emission norms, the industry faced stagnant volumes made worse by the COVID-19 pandemic. However, the indus...

The main drivers of the commercial vehicle telematics market is increasing fuel prices and wafer thin profit margin in the transportation industry which compels the fleet operators to gain competitive advantage by vehicle tracking, route calculation, checking on oil pilferage, and other telematics offerings. However, the initial cost of telematics ...

Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV market in India are e...