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Latin America is a region rich in natural resources. As such, the extractive industry plays a crucial role in the countries’ economies. Although the oil and gas industry drives pump sales as the largest end user, other industries such as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, an...

The objective of this study is to identify the key trends prevailing in the global modular test equipment market and examine the factors that boost and restrain the growth of the market. The study also discusses the product areas that bolster growth for the forecast period (2021 to 2027). The research provides estimates of the market size and futur...

Frost & Sullivan's research service on the class 4–8 replacement engine aftermarket in North America forecasts the market size from 2022 to 2028. The base year is 2021, and the study period is 2018 to 2028. This study analyzes key medium-duty (MD) and heavy-duty (HD) truck engine replacement trends in the aftermarket. The engine replacement segment...

This Frost & Sullivan outlook analyzes the Central American and Caribbean automotive industry, with a focus on the passenger vehicles (light vehicles, in particular) market in Panama, Jamaica, Trinidad and Tobago, Costa Rica, the Dominican Republic, Guatemala, El Salvador, and Honduras. The study provides historical PV sales data for each of the af...

Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy (RE) because they offer unparalleled flexibility to optimally deliver energy and ancillary services. Frost & Sullivan forecasts global grid-scale battery energy storage systems (BESS) to experience rapid ex...

After a prolonged period of lower growth, the fuel cells market has gained significant momentum in the past three years, reflected by higher-than-forecast order volumes. The wider market for decentralized energy solutions continues to thrive as residential, commercial, and industrial customers look to achieve greater energy security and cost saving...

This research service focuses on the US Department of Defense (DoD) command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) budget spending. Included in this study are an analysis of research, development, test, and evaluation (RDT&E); procurement; operations and maintenance (O&M); and a variety of servic...

The GCC automotive market was severely affected by the economic downturn arising from decline in oil prices. The region is however aiming to diversify its economy to decrease its reliance on the oil sector. This will prevent the oil price from having such a significant impact on its economy. Commercial vehicle (CV) sales have dropped year after ye...

26 Aug 2016  |  Europe  |  Market Research

Light Commercial Vehicle Telematics Market in Europe

Telematics Penetration to Reach 24.6% by 2022, Generating €4.3 Billion

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The aim of this study is to analyze the developments of telematics industry for LCVs in Europe and present an outlook of market growth opportunities and performance. The major focus is market trends (LCV OEMs' increasing focus in telematics market, mobile freight brokerage, growing demand for field service management, rising preference for portable...