Search results for: 'ride'

20 Jul 2023  |  North America  |  Market Research

Strategic Analysis of Shared Mobility in North America

Gross Market Revenue to Exceed $226 Billion by 2030 Due to Innovative Business Models and Increasing Consumer Demand

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The shared mobility market in North America is differently structured compared to Europe. In North America, personal cars are still vital. According to the US Census data, 91.5% of US households had at least a single vehicle available in 2020, compared to 90.9% in 2015. The transition to modes that are not cars is slow. Therefore, ride-hailing will...

The pandemic has definitely brought about a lot of positive changes in the way people are moving. In this research analytics, we look at some key factors that we think will drive the demand for shared mobility. First is the pandemic-induced digital acceleration. People are now more open to using mobile apps than they were before the pandemic. Secon...

Generative AI (Gen AI) continues to create an impact across industries including automotive. In the next decade, Gen AI is expected to significantly influence automotive value chains, increase efficiency, productivity, and reduce wastes. In the supply chain, it will be used to optimize inventory and demand forecasting while in product development i...

09 Nov 2020  |  North America  |  Market Research

Industry Convergence and Disruptive Technologies are Key Growth Areas of the Global Shared Mobility Market, 2030

Future Growth Potential Enhanced by Opportunities in Mobility-as-a-Service and Autonomous Technologies

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Key Issues Addressed

In the last decade, there has been rapid progress towards a new paradigm for transporting people in cities. Driven by quickly evolving technologies, new business models, and shifting societal expectations, mobility has become more sustainable, equitable, efficient, and convenient. However, the recent COVID-19 pandemic has disrupted the global mobil...

The global 2-wheeler aftermarket is growing at a steady pace with demand for the vehicles as a mode of personal transportation and for leisure riding. Aftermarket service providers have begun redefining their business models in order to bring products and customized services directly to the customer. This analysis considers tires, brake pads, ignit...

Purpose-built vehicles (PBVs) represent the new breed of customized vehicle development. Unlike custom-built vehicle manufacturing processes, in which few alterations are made to existing vehicle models, PBVs are customized from the design phase to suit the application in which the vehicle will be deployed in the future. The PBV market is fragm...

Intelligent Mobility Japan, 2020 is a virtual summit organized by Frost and Sullivan on November 24 and 25, 2020. This is a 2-day interactive conference, which hosted on a unique virtual platform to discuss and evaluate Growth Opportunities in new Mobility Business models covering Personal and Public Transport Systems. The conference presenters i...

16 Apr 2019  |  Global  |  Megatrends

The Top Trends, 2019

The Year of 5G, Autonomy, and the Edge

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This report looks at global trends set to make an impact in 2019. Every year Frost & Sullivan's Visionary Innovation Team of futurists, consultants, and analysts scans the short-term horizon and looks across industries to identify areas of disruption in the new year. This year, the power of technology and technology companies has emerged as a key t...

Traditional public transit modes have remained unchanged over decades and inherent flaws have remained unaddressed. The fixed-route and fixed-schedule model works efficiently on high-density routes but routes with lower demand and density along with demand at odd hours are not as efficiently catered to by traditional public transit. While alternate...