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Feature on demand (FoD) technology is emerging as a transformative trend in the passenger vehicle market due to automotive advances and changing consumer preferences. FoD allows vehicle owners to unlock and activate various features after the vehicle purchase, through either subscription fees or as a one-time payment. OEMs make various on-demand fe...

This competitive benchmarking focuses on the growth of the electric truck market in North America and its aftermarket service opportunities. The study provides information on key OEMs and non-OEMs and their electric truck service strategies. Opportunity size is determined by forecasting the number of LD, MD, and HD trucks on the road and the averag...

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...

Vehicle leasing presents a solution for a growing number of challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services and, therefore, outsource support activities related to mobility, ranging from fleet purchasing to remark...

This Frost & Sullivan analysis of the North American passenger car and light truck driveline components aftermarket examines the volume and value of the industry for driveline components, specifically driveshafts and U-joints, in North America. The report discusses replacement rates and average manufacturer-level prices and presents forecasts acros...

Is the global economy on the brink of a recession This has been amongst the most hotly debated questions of 2022. Politicians, analysts, economists, and businesses all seem to have differing perspectives on the topic. Some anticipate a bleak 2023, with an economic environment akin to the Great Recession of 2007–2009. Others sport a rosier outlook o...

Generative AI (GenAI) has garnered huge interest and holds great promise for optimizing business operations by automating routine tasks, streamlining workflows, and providing intelligent insights that improve efficiency, quality, and performance. Ongoing innovation in artificial intelligence (AI) has introduced GenAI with far-reaching implicatio...

Optical wireless communication (OWC) technologies, such as visible light communication (VLC) and free space optics (FSO) utilize visible spectrum wavelength for high-speed data communication, easing the congestion in lower radio frequency bands that are typically used for wireless communication. With advancements in technologies, OWC is capable of ...

The world LED market has experienced a surge in the recent past. What started as a luxurious niche segment in the market for architectural and ambient lighting has today established itself as the technology of the future for all applications. Yet the penetration of LED in the total lighting market remains low. Consumer demand remains strong only in...