Search results for: 'autonomous vehicle market forecast'

Frost & Sullivan expects the overall light commercial vehicle (LCV) market to reach 2.4 million units by 2032. This market is on track to achieve a compound annual growth rate (CAGR) of 2.9% between 2023 and 2032. Electric vehicle (EV) penetration will increase to reach 60.0% during this period, up from 6.9% in 2023. The overall size of the LCV ...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

31 Aug 2016  |  Asia Pacific  |  Market Research

Indian Commercial Vehicle Telematics Market

Annual Telematics Sales to Grow Sixfold by 2023

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Indian telematics is one of the fastest emerging markets, primarily driven by spiralling fuel prices, increasing number of accidents/vehicle theft, demand for vehicle navigation, and the rising need to monitor fuel pilferage. The market is relatively old, but adoption rates have been low due to the lack of awareness. However, vehicle OEMs and telem...

This study examines the development prospects that artificial intelligence (AI) offers the commercial vehicle (CV) industry, focusing on both the revolutionary potential of AI and the difficulties businesses face in fostering growth, including complicated regulations, high capital expenditure, and challenges in incorporating new technology into pre...

31 May 2023  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Passenger Vehicle Outlook, 2023

Alternative Fuel Vehicles, the Used Car Market, and Autonomous Driving Experiences are Key Focus Areas for Carmakers

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Domestic passenger vehicle (PV) sales grew by ~24.2% in FY23 owing to pent-up demand, better-than-expected festive demand, new product launches by major OEMs, and strong demand for utility vehicles. This study discusses the market size of the overall Indian PV market, key vehicle segments, and domestic sales forecasts up to FY28, considering the...

09 Sep 2025  |  Global  |  Market Research

In-Vehicle Entertainment Market, Global, 2025–2031

Convergence of Advanced Connectivity, Personalization, and Seamless User Experiences is Driving the Transformational Growth of In-Vehicle Entertainment Services

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The analysis of the in-vehicle entertainment market highlights key technology trends, growth drivers and restraints, as well as the competitive landscape shaping its rapid evolution. Advancements in connectivity, the shift toward software-defined vehicles, and high customer demand for immersive digital experiences continue to drive significant inve...

This analysis of the European military ground vehicle market covers trends, challenges, drivers, restraints, and growth opportunities. An overview of the regional conflicts, recent developments, and main competitors in the field is also provided. The Russo-Ukrainian War has led to an increase in the production of military equipment by the Europ...

The global vehicle rental market is undergoing a period of accelerated transition as mobility demand patterns shift across business travel, leisure, the gig economy, and last-mile logistics. In a market marked by fluctuating travel volumes, high vehicle acquisition costs, and evolving customer expectations, rental companies are repositioning themse...

Despite the slump and slow recovery in automotive sales following the pandemic and ongoing semiconductor shortages, the vehicle leasing and rental industry in the Americas is on a robust growth trajectory. The Americas denotes Canada, the United States, Argentina, Brazil, and Mexico. Leasing and rental companies in North America and Latin America f...